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Old 04-12-2021, 07:17 PM  
ruff
I have a plan B
 
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Join Date: Aug 2004
Location: Seattle - Miami - St Kitts
Posts: 5,501
Buy and hodl only. The tax ramifications of trading and selling at the Neo level is devastating to your wallet. At least, for those of us in the USA. Being taxed at short term gains can wipe out profits in a NY minutes. As it stands, my hodlings will be taxed at the lowest capital gains tax when I cash out. And I will be looked at very fucking closely by the IRS when that happens. We already have to declare crypto on our tax returns. So it begins.
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