Ripple (XRPUSD)

[KC01905]

Well I didn’t mean that they are in cahoots but I am saying if people aren’t prepared for tax implications for free airdrops they may need to sell some assets to cover. Maybe it’s just convenient.

Side note … let’s say I get $16k from the Solo drop (which is a solid estimate based on the numbers). Instead of seeing what happens with Solo instead of claiming the $16k from the drop I take and trade that for $16k USD actual. I can use that 16k to help pay for taxes but either way it’s just $16k. Not 16k from the drop then + 16k short term gains is it? That’s like a double whammy.