Buy – no tax
HODL – no tax
Borrow against – no tax
Sell, trade, or use for goods/services – taxable
HODL for under a year = ordinary gains income
HODL for over a year = taxable at the more favorable capital gains rain
Strategy: buy, HODL and maybe borrow never use or sell 💯
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Sent from my personal iPhone, 650-283-8008, that Steve Jobs texted me on
https://www.youtube.com/watch?v=ejeIz4EhoJ0