Ethereum Isn't Fun Anymore

Re:Ethereum Isn't Fun Anymore by skybrian on Monday February 22, 2021 @12:34PM (#26227366)

Okay, but that seems like a pretty small niche? Most people don’t borrow just to save money on taxes on their cryptocurrency gains.

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Re:Ethereum Isn't Fun Anymore by rawtxapp on Monday February 22, 2021 @12:52PM (#26227660)

They might borrow to hold on to their asset's appreciation.

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Re:Ethereum Isn't Fun Anymore by skybrian on Monday February 22, 2021 @01:56PM (#26228772)

You could lock in the gain by selling at the current price, so that still sounds like tax avoidance. Or possibly leverage, if you think the price will go up more?

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Re:Ethereum Isn't Fun Anymore by rawtxapp on Monday February 22, 2021 @02:57PM (#26229724)

Yes, you could leverage, you could hedge yourself by buying stocks. Or you could just spend the money on whatever else you want.

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