Post
Topic
Board Bitcoin Discussion
Re: Never sell your Bitcoin?
by
CryptoStar19
on 23/07/2021, 12:48:59 UTC
During 'altseasons', that is after bitcoin has had a major rally and money begins to flow into altcoins causing them to rally, it might be wise to sell some bitcoin for altcoins to take advantage of the higher gains... ultimately to increase your bitcoin holdings further than simply holding the bitcoin. Yes, there are tax considerations in countries where they apply, but the gains might well justify the tax hit.