Quote:
Originally Posted by Dr.Stu
But wait until the tax man comes calling. Almost no one I know who actually realized gains from crypto before the crash (which is nowhere near done) set $ aside for taxes. And, those that even thought about it said that they would just sell more crypto at tax time to pay the tax. At this point, they'll be selling to harvest losses to offset the gains. (Or maybe they'll hold onto the crypto & sell their watches!)
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yeah a lot of people are gonna have a very bad time when it comes to taxes lol