TL;DR
Based on CoinLedger, the typical crypto investor made lower than $1k in realized beneficial properties final yr – although, our guess is it’s as a result of of us have been shopping for/holding.
Full Story
That headline ?
That was our response after we learn this piece of stories:
Based on CoinLedger (the crypto tax software program platform), the typical crypto investor made lower than $1k in realized beneficial properties final yr.
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 beneficial properties from crypto final yr!
It’s a must to promote your crypto to ‘understand’ a achieve — and we spent the entire yr shopping for.
So in case you see this story being thrown round wherever outdoors of this article (e.g. your uncle Barry makes use of it as fodder within the household group chat “See, I instructed you these things was nugatory!”) simply keep in mind:
2023 was a yr of accumulation, and Barry (whereas lovable) is an fool.
(As you’ve all the time recognized/celebrated him to be ).