This can be a strategic transfer that will help you in the long term
It was three years in the past nearly to the day that I bought my Solana (SOL) holdings. This yr, the cryptocurrency market is doing related and I bought extra of my cryptocurrencies this morning.
You could assume it’s as a result of the market turned however I bought the cryptocurrencies for a distinct motive. It was a monetary motive.
Since there was a loss on my cryptocurrency holdings, I took benefit of the tax loophole.
And you are able to do the identical.
Let me clarify.
You might be nonetheless early within the bull run with a number of extra months to go. That’s a minimum of a number of hundred days.
So you may’t anticipate the market to go up each single day. There should be corrections alongside the way in which.
Whales will promote infrequently.
There can be unhealthy information that causes the market to crash.
The most recent dip was simply a kind of corrections.
When days like that occur, it’s your probability to have a look at your portfolio and see in case you can benefit from the tax legislation. You don’t should be wealthy to make use of the legislation. It’s written for the wealthy and poor.
