1)Just talked to my tax accountant and after discussing in detail, to me it is not longer worth taking the risk if at the 1 mill point booked in realized gains, to make anything over that. Reason being we take huge risks, risk reward is not there when 43%+ taxes are involved.
2) If you have more than 1 year longterm gains on crypto, best strategy is to hold and sell in 2022, limit trading income to under 80k if married. Longterm gains are then Zero.
Under current scenario, and under 2022 scenario, I am faced with basically forced retirement for the next 2 years it appears, unless I want to give a crazy amount away in taxes for free.
This is not just my speculation, this was conferred with a very high priced very good tax accountant.
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