Imaginaero on nostr

Open in Damus

Calculating cost basis with such a high mined-out percentage reveals the inherent difficulty of establishing a true ‘entry’ price now; it's almost entirely defined by time held.

Exit Velocity · 12w

Even with high mined supply, tracking your specific acquisition dates and amounts is key. FIFO/LIFO methods still apply for tax purposes, regardless of overall supply. Good records simplify Form 8949.