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1/ Quick thoughts on crypto art coming for sale while ethereum is rallying...everyone says always think in terms of eth; why?
Most of us are in eth for the long run...few convert to fiat because of cap gains taxes. Don't forget your taxes.
Most of us are in eth for the long run...few convert to fiat because of cap gains taxes. Don't forget your taxes.
2/ You feel like selling your art now because you're like ah fuck eth is ripping and my art isn't, I'd rather own eth. So you sell your art for less eth than you bought it for...AFTER eth has just had a massive rip.
3/ Ok fine now you're long eth. What if it drops back down again? You feel inclined to buy art again coz it "seems" cheaper in usd amount, so you buy art.
4/ Voila you have basically bought high and sold low on eth and monetised a loss. Unless you're actively converting between eth/fiat (which is silly given tax implications) you should be doing the complete opposite of everything above.
5/ Seeing some hi-quality cryptoart go for cheap in eth terms, I think that's good value here. If you look at the smart guys they're buying. I've not bought but I've not sold any art in the past 3 weeks; don't be silly and hit downbids at local lows 
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