This past week, Ethereum (ETH) got whacked. Today, it’s recovered some of those losses, but is still down 43% off its all-time highs. But as I told you last week, we should treat this pullback as an incredible buying opportunity. Here’s why…
There’s a way to turn your crypto losses into immediate tax savings – and all while keeping possession of your crypto… It involves a loophole under Section 1091 of the IRS code known as the “wash-sale” rule.
“Asymmetric investing” is a strategy where you invest tiny grubstakes in ideas with explosive upside potential… These are the types of ideas that can go up 10x, 100x, even 1,000x. So you can see your initial $1,000 stake turn into $10,000, $100,000, even $1 million.
We’ll still have volatility in crypto like we saw over the weekend… when bitcoin dropped about 16% from its all-time high. But I think we’ve moved beyond the wholesale value destruction we’ve seen in the past… when crypto experienced 85−95% drops across the board, or three-year bear markets.