Hello you. So with all of the tax changes with cryptocurrencies going on in 2018, I decided reevaluate how I invest in them. So to save myself the headache with accounting and all, I decided to just invest and diversify all of my holdings into coins that I believe are undervalued fundamentally and just HODL. I'm looking to hold these coins for at least 1 year. I got into the cryptocurrency game early, so I didn't really invest much of my own money. I'm mostly reinvesting the gains that I made from my winning trades. I'll be making a post at the end of the year to see if I my holdings grow or shrink. Here is the list of coins that I'm invested in and the estimated entry price for future reference:
Ethereum ETH $700.00
Neo NEO $65.00
Lisk LSK $21.00
Omisego OMG $16.00
Vertcoin VTC $7.24
Cardano ADA $0.42
Bitcoin BTC $14,000.00
Litecoin LTC $240.00
Verge XVG $0.20
Steem STEEM $0.95
What are your thoughts on the recent tax changes on cryptocurrency trading? What is your strategy going into 2018? Let's discuss. Thank you for reading. Until next time, deuce.
P.S. don't judge me on XVG it's the smallest portion of my portfolio. I'm just curious to see if the hype pays off.
