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RE: One up, One Down Steemit Networking Challenge #1
Not sure on timeline. We've talked about going for our five-year anniversary, which is three years away. We have a lot tied up in crypto, though. So a good bull run could open some possibilities even sooner.
Oh, wow. Two years married, eh? At least, I'm guessing that's the anniversary you're talking about. Sounds like a great idea.
Well, I keep hearing there's supposed to be some kind of run up taking place the closer we get to the end of the year. They seem pretty confident about it, too, so who knows. The fun is trying to figure out when the bull run is going bear so you can get some out at the top.
Well, I hope one way or another it all works out for you.
I keep hearing that too, but it's been a little slow to start. To be honest, I think there is still tax overhang. The 'smart money' filed extensions instead of filing taxes, to see if the guidance around crypto profits clears up at all. Technically the money is still due right away, but the 'penalties' for late payment are minimal if you pay within the six-month extension period.
Which means there are still traders taking profits (or waiting for a little recovery to take profits) to cover their taxes. That won't really clear up entirely until mid-October.