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 

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

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?!

Thanks for this post very useful 👍