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Strategyone

06/01/21 2:09 PM

#22114 RE: Nebuchadnezzar #22112

sorry, what? i didnt quite get all that?



Yes, I was holding FB (purchased at $44) when it first broke $200. Then it retraced to $135 (as many there said the end of the world was coming). Now, it's around $330.... yes, ouch. That hurts me soooo much. And now I even owe more in capital gains taxes, when I choose to sell. LMAO

The point you don't seem to get is that whether your gains are in crypto or in stocks, if held over 1 year, are simply capital gains.

I hardly see the fear in paying capital gains when the time is right for each individual investor to sell their assets.

For you, it sounds like you prefer to pay short term gains (if you actually make any.... lol) as you buy/sell every week, every month (according to you). If that strategy works for you.. great. Enjoy.

It's your argument of creating fear in HODLer's simply because they owe taxes is what holds NO WATER.

Some just don't do well in math.........