TL;DR
In line with CoinLedger, the common crypto investor made lower than $1k in realized good points final yr – although, our guess is it’s as a result of of us had been shopping for/holding.
Full Story
That headline ☝️?
That was our response once we learn this piece of stories:
In line with CoinLedger (the crypto tax software program platform), the common crypto investor made lower than $1k in realized good points final yr.
Which made no sense, as a result of the crypto market solely climbed all through 2023.
…however then we thought of it from a private perspective — and one thing clicked.
We didn’t make ANY realized good points from crypto final yr!
It’s important to promote your crypto to ‘notice’ a achieve — and we spent the entire yr shopping for.
So in the event you see this story being thrown round anyplace outdoors of this article (e.g. your uncle Barry makes use of it as fodder within the household group chat “See, I informed you these items was nugatory!”) simply keep in mind:
2023 was a yr of accumulation, and Barry (whereas lovable) is an fool.
(As you’ve at all times recognized/celebrated him to be ❤️).