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UPDATE: How To Calculate Your Celsius Loss (Youtube Video)

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by COINS NEWS 5 Views

Hi everyone, I made a YouTube video going over exactly how to calculate your Celsius loss as well as whiteboard out an example of the calculation for those that want to follow along. See here: How to Calculate Your Celsius Loss: Full Koinly Article Walkthrough With Examples!

A few months ago I made this post, Celsius Bankruptcy: A Comprehensive Guide To Calculating Your Losses (With Examples!), outlining exactly how to calculate your Celsius loss for Class 5 Earn creditors (the majority of people). A lot of people responded positively to this guide as there weren't many resources available online going over the calculation.

After posting this guide, the team at Koinly saw it and asked me to author and update to their blog to include the detailed calculation. After doing so, I decided to also make a video going over the article step by step and then also white boarding an example for others to follow along. The link to that video is at the top.

Hope this helps!

Note: The first 30 min are me talking through the article, the last 15 min is me white boarding out example #1. I highly recommend having the article pulled up on the side as I do the whiteboard example.

submitted by /u/JustinCPA
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