Will Tax Season Cause a Dump

in #life5 years ago

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Yes the markets are going up again and everyone is beginning to smile against.

Some may even be starting to inject new capital into the crypto’s... but there is something to watch for. Yes tax season commeth.

Tiptoe Through the Crypto’s

As people find they need liquidity to give to the gubberment for them to prosper and waste. So will the turn to a quick remedy and sell some crypto?

The Wicked Choice

For me I keep nothing in the banks, just adding to a checking account as needed on demand. Yes I have cash set aside for that emergency, but to me races are not deemed an emergency, more a scam to enrich others. I through all profit into Gold, Silver, Crypto and Business.

So that leaves a choice I believe I am not alone in needing to make. Do I sell off the Gold or Silver or Crypto? Well for precious metal it is always a tearful event, not too easy or equitable as you need to think to yourself... self how much did you buy that coin for and when? Are you loosing on it or was it with you for so long that you are still ahead? And if you did have it that long, did it grow any emotional ties deep inside?

Or do you sell the new kid on the block which is not as emotionally charge, far more liquid as you can do it from your phone and hell, it’s even easier to replenish.

Yes I think many will see the crypto’s as a quicker, easier way to raise that capital to throw away for taxes.

But what a tough choice

So what do you think... will there be an April sell off as the Taxman Commeth?

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Good Health – Evan Pantazi #Kyusho

Image Credit: beller

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Well now we are at a point if it has to rise it will rise no matter what forces will make it go down earlier too it don't need anyone's help right now also it don't only patience is the key when it will go up even the most powerful forces will not be able to stop

Well they haven't been able to stop it yet and it gains global strength... even space strength now(with the full node on a satellite).

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