TL;DR
In line with CoinLedger, the typical crypto investor made lower than $1k in realized good points final 12 months – although, our guess is it’s as a result of people had been shopping for/holding.
Full Story
That headline ☝️?
That was our response after we learn this piece of stories:
In line with CoinLedger (the crypto tax software program platform), the typical crypto investor made lower than $1k in realized good points final 12 months.
Which made no sense, as a result of the crypto market solely climbed all through 2023.
…however then we thought of it from a private perspective — and one thing clicked.
We didn’t make ANY realized good points from crypto final 12 months!
It’s important to promote your crypto to ‘notice’ a acquire — and we spent the entire 12 months shopping for.
So in the event you see this story being thrown round wherever exterior of this text (e.g. your uncle Barry makes use of it as fodder within the household group chat “See, I advised you these items was nugatory!”) simply keep in mind:
2023 was a 12 months of accumulation, and Barry (whereas lovable) is an fool.
(As you’ve at all times identified/celebrated him to be ❤️).