My son bought in a long time ago and he has seen a 1,100 percent increase in his investment. He just sold it all, though.
Smart move, is his capital gain tax long or short?
“he has seen a 1,100 percent increase in his investment. He just sold it all, though.”
you can never go broke taking a profit. he MIGHT have left some money on the table, but he’ll be a happy camper when BitCoin eventually crashes and burns. Impossible to perfectly time this kind of speculative gamble anyway, so taking a 1,000 percent profit is VERY smart ...