RE: How Newly-Passed Tax Reform Hamstrings US Cryptocurrency | An ELI5 w/ Examples |

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How Newly-Passed Tax Reform Hamstrings US Cryptocurrency | An ELI5 w/ Examples |

in bitcoin •  7 years ago 

Thanks for the information on this terrible development. I will be buying and hodling long term.

bitcoin
7 years ago by

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      ·  7 years ago 

    Any time, I am glad you found the post helpful! I believe that is the best way to approach this situation. Just remember, although it may limit your ability to transfer funds from crypto to crypto, it does not affect your ability to put initial investments in more than one crypto. It is still essential to diversify your portfolio.

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      ·  7 years ago 

    Very good point. I need to find ways to go from USD to Steem.

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      ·  7 years ago 

    So, basically, the fact that we take fiat to purchase a crypto to exchange for Steem is going to get us every time we trade the cryptos? That's insane. How much and just how am I supposed to keep track of that?!

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      ·  7 years ago 

    Thanks for this post very useful 👍

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        ·  7 years ago 

      I agree to make some real money we need to be in it for the long run I just followed you 👍

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