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RE: Cryptocurrency Price Predictions for October 2017!

in #bitcoin7 years ago

The other thing to consider as well is that when you swap from crypto to crypto you are going to have capital gains if you are a US citizen. If you can stay in one class of crypto for one year and one day your tax rates are going to be the best they legally can.

I have talked to too many investors that keep panic selling at any dip they see and have all sorts of capital gains tax coming their way which means they will have to liquidate again and end up having another capital gain later...