Ripple (XRPUSD)

[Molonlabe461]

I think the $40k would establish the cost basis for short term, so if it dropped at $40k and you sold at $41k you would only owe the
short term CG on the $1k.

You would owe ordinary income tax on the $40k likely. But do your own DD, and look what AP17 has said about policy…….fricken greedy IRS make rule in stuff before they even have a clue how it works.

I hate to just dump, trade out of it, but I don’t think I can afford IT otherwise. Vagabond drop price may be more sustainable than solo though. Really I’m set up and nervous about both…..