Litecoin
New to Litecoin and cryptocurrency as a whole and im trying to break into predictions a little
Since tax season is around the corner and taxation on crypto currency is in the spotlight by the government, is it reasonable to assume that will be a pretty hefty drop in value right before taxes as more and more people sell before buying again in bulk to avoid the long term tax of 10-20% on their coin?
Sorry I'm pretty new to the whole system, I was waiting for the crazy hype to die down. Sorry if this is common knowledge or if this happens pretty regularly but I feel like this year is when it'll really count so I figured it might be important to know for myself as I continue investing
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