Last chance to tax loss harvest is today. If this is your first cycle, let me explain how you can make a lot of $$ but still be in debt & owe the govt a ton of money. Not financial advice, I am not a CPA. You put $500 and bought a memecoin early and sold in Jan of this year for $1M profit. You aped the profits into bucket of AI coins at the top with your $1M and they are absolutely REKT. You don't want to sell so you just are holding them waiting for a recovery. Those coins are now worth $100K. If you do NOT sell by the end of the year and all you have is a $1M profit in realized gains/losses you would owe the govt ~$370K even though you only have a portfolio worth $100K. So if you wait till NEXT week to sell, congrats you ultimately turned $500 to $100K but in reality you owe $370K in taxes so you are $270K in debt. If you SELL today, take the realized loss of $900K on AI coins you bought you would then correctly be taxed on your $100K profit and not be in massive debt. Since crypto is highly volatile, this scenario is more common than you might think. None of this is tax advice, but I recommend spending the rest of today making sure you understand your tax situation so you don't have a big surprise come next year.

Having pants to wear is already a success.

bold of you to assume CT has any realized PnL