RE: Cryptocurrency Price Predictions for October 2017! by adrewski

View this thread on steempeak.com

Viewing a response to: @jerrybanfield/cryptocurrency-price-predictions-for-october-2017

· @adrewski ·
The  other thing to consider as well is that when you swap from crypto to crypto you are going to have capital gains if you are a US citizen. If you can stay in one class of crypto for one year and one day your tax rates are  going to be the best they legally can.

I have talked to too many investors that keep panic selling at any dip they see and have all sorts of capital gains tax coming their way which means they will have to liquidate again and end up having another capital gain later...
properties (22)
post_id13,421,967
authoradrewski
permlinkre-jerrybanfield-cryptocurrency-price-predictions-for-october-2017-20170921t181232425z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2017-09-21 18:12:33
last_update2017-09-21 18:12:33
depth1
children0
net_rshares0
last_payout2017-09-28 18:12:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length496
author_reputation104,712,854,805
root_title"Cryptocurrency Price Predictions for October 2017!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000