I’ve been in Strongblocks for 5 months, this how much I made, what I learned along the way and what I think the future might hold for Strongblocks.
Slay concierge TIP
One thing you might need to consider before investing is the tax burden associated with your investing strategy of “taking your money off the table and playing with house money”. As you know, every coin sale into fiat triggers a taxable event. So to truly get your money back (inclusive of STCG taxes) you would likely have to sell 30% more coins valued in fiat to truly recoup the initial investment. It’s important to consider so you don’t get a nasty surprise from the IRS in a couple months out of a lack of knowledge of the relevant tax laws.
DISCLAIMER: Please be advised that nothing in this video shall be construed to be financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor. All personal opinion is intended for general information purposes only.
Right now is a good point to start with strong, the whole market is down and nodes are cheap and there are many good things to come for strongblock.
