I am located in Germany, and I am trying to make sense of how to deal with hardforks.
cointracking.info's recommends * entering duplicated transactions for each "old coin" transaction redenominated in the new coin and with 0 cost basis.
I've understood this as: a transaction of (X BTC bought for Y EUR sold) prior to BCH fork-date requires an additional transaction (X BCH bought for 0 EUR), and similarly (X EUR bought for Y BTC sold) requires an additional transaction (0 EUR bought for Y BCH sold). Is that right?
This makes sense to me in terms of keeping the BTC/BCH balances synchronised, but in the second case I'm not sure it makes sense to express the pre-fork BCH activity in terms of "0 EUR bought".
My generated "Detailed Calculation" / "Auszug aus dem Handel von digitalen Währungen" report contains strange looking transactions such as:
"Verkauf von 0.01 BTG für 0.00000000 IOT bei Bitfinex"
because it's preceeded by a real transaction of 0.01 BTC for some amount of IOT on Bitfinex.
It's just not true that I sold 0.01 BTG for 0 IOT on bitfinex.. Should these kind of "fork transactions" be included in the report at all?
*: https://cointracking.freshdesk.com/en/support/solutions/articles/29000018052-entering-coins-with-a-fork-e-g-btc-and-bch-