Growgeneration Corp (GRWG)

[food4thought]

Good stuff.

I too got torched in 2001 as well, but made over seven figures during the dot com run, so overall my investments worked out as I invested heavily in real estate with some of the proceeds. I did think I was going to become the next million dollar day trader as it was all too easy. Reality check, 500k turned to zero quickly and then profit taking tax bill came a calling. You learn quickly about capital gains taxes.

So I totally get what you’re saying. The March 15th deadline is a real binary event and the heavy profits that were made in 2020 will be similar to that of the dot com era. Many novice investors won’t fully understand the tax ramifications until that day comes and you’re right about a potential multi session sell-off. Thanks for refreshing my memory. Sometimes time can fade a painful loss. 2021 will be interesting to say the least.