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Are tax liabilities causing the crypto sell off? Working with BOOSTO


    Rating 4.39 (7 votes)

     09/04/2018



    There are certainly a multitude of reasons for the cryptocurrency market sell-off, but are US tax liabilities one of the biggest? Let's talk about some recent research from Tom Lee at Fundstrat Global, and why US residents potentially owing up to $25 Billion in capital gains taxes on crypto investments might be behind the overall market downtrend.

    Also, I'm pumped to announce that I'll be working with the team at BOOSTO, helping to advise their product creation, specifically for YouTube creators and influencers. I'll have them on the show in the near future to talk about this further, but wanted to introduce you folks to the platform and my work.

    Check out the BOOSTO website:
    https://boosto.io/#/

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    https://t.me/BOOSTO_io

    Follow Tom Lee on Twitter:
    https://twitter.com/fundstrat

    Reuters article on Tom Lee and the US crypto related tax liabilities:
    https://www.reuters.com/article/us-crypto-currencies-taxes/u-s-tax-liabilities-for-crypto-currencies-in-2017-seen-at-25-billion-to-pressure-bitcoin-fundstrat-idUSKCN1HC29Y

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    Podcast links if you'd like to listen instead of watch:
    iTunes: https://itunes.apple.com/us/podcast/crypto-bobby-talking-investing-in-cryptocurrencies/id1269307001?mt=2
    Spotify: https://open.spotify.com/show/7n1EJmK1cP3IDTVqxC03UP?si=-M2v-uvuRoy0Tzd5a6KqlQ
    Stitcher: https://www.stitcher.com/podcast/crypto-bobby-talking-investing-in-cryptocurrencies
    Google Play: https://play.google.com/music/m/Ihti7233jyn4rcg3xqygeedbye4?t=Crypto_Bobby_-_Talking_Investing_in_Cryptocurrencies

    *Some of these links may be affiliate links, meaning if you click and purchase something, I may receive a small commission at no additional cost to you. I only recommend companies and products I personally use, and any commissions help to pay for content creation. Thanks! *

    ** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**

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