Time is running out to file your taxes and save on Blockpit’s service. If you have waited to the last minute, do yourself a favor and let a software calculate what you owe, especially if you have made life-changing amounts of money. Every detail matters for the calculation, which means every airdrop, reward, and incentive needs to be properly accounted for. Traders oftentimes aren't even aware worthless airdrops landed in their wallets. However, occasionally there are very valuable airdrops as was the case with Uniswap - what you need to consider is the tax implications.All varieties of rewards in the DeFi space are considered as other income if generated in a non-business manner, or as self-employment income if generated in a business manner. The income from rewards is realized when you receive the reward and is converted to USD at the market rate. It can get really messy if you have traded the tokens or mixed them in with your trading or investing account. Let our newsletter sponsor Blockpit figure this out for you!SIGN UP HERE and get a 10% discount.200 newsletters! Absolutely mind-boggling to me that this once-a-week free newsletter has transformed into the current ideation. I never intended to create a business - I was merely looking for a way to expand on my thoughts on Twitter in longer format. As I did so, I found that I was extremely passionate about writing the newsletter and that this would be a full time job to do right. That's when I went to a paid version, which was initially twice a week.As is typical of me, I eventually felt that was not enough and moved to 5 days a week for paid members - all of you. The price did not rise - just the amount of content.I cannot thank you enough for being a part of this journey, as we learn and explore together. I will continue to try new things - some you will love, some you may like a bit less! But I am always looking to improve on what I am offering for those of you who have chosen to be a part of this project. None of it works without you subscribing and reading!I have to give an extra shoutout to PHEMEX for being the anchor sponsor of the newsletter since the very early days. They're an incredible company with an amazing team and product. I could not have built any of this without them.Here's to another 200 issues. At this rate, it won't take too long.I will charting your requests at 2 PM EST today, like every Wednesday! You can submit a request by responding to this email BY 1PM EST. One request per person, per week.https://www.youtube.com/watch?v=cKDfInPBjkAIn This Issue:All Hail Sushi From IntoTheBlockBitcoin Thoughts And AnalysisAltcoin ChartsTwitter Hacker Sentenced to 3 Years In PrisonInvestment Firm NYDIG Says Adoption Is ComingeToro Is Going PublicPolkaFoundry Is LiveMy Recommended Platforms And Tools
The Wolf Den #200 - Two Hundred Issues!
The Wolf Den #200 - Two Hundred Issues!
The Wolf Den #200 - Two Hundred Issues!
Time is running out to file your taxes and save on Blockpit’s service. If you have waited to the last minute, do yourself a favor and let a software calculate what you owe, especially if you have made life-changing amounts of money. Every detail matters for the calculation, which means every airdrop, reward, and incentive needs to be properly accounted for. Traders oftentimes aren't even aware worthless airdrops landed in their wallets. However, occasionally there are very valuable airdrops as was the case with Uniswap - what you need to consider is the tax implications.All varieties of rewards in the DeFi space are considered as other income if generated in a non-business manner, or as self-employment income if generated in a business manner. The income from rewards is realized when you receive the reward and is converted to USD at the market rate. It can get really messy if you have traded the tokens or mixed them in with your trading or investing account. Let our newsletter sponsor Blockpit figure this out for you!SIGN UP HERE and get a 10% discount.200 newsletters! Absolutely mind-boggling to me that this once-a-week free newsletter has transformed into the current ideation. I never intended to create a business - I was merely looking for a way to expand on my thoughts on Twitter in longer format. As I did so, I found that I was extremely passionate about writing the newsletter and that this would be a full time job to do right. That's when I went to a paid version, which was initially twice a week.As is typical of me, I eventually felt that was not enough and moved to 5 days a week for paid members - all of you. The price did not rise - just the amount of content.I cannot thank you enough for being a part of this journey, as we learn and explore together. I will continue to try new things - some you will love, some you may like a bit less! But I am always looking to improve on what I am offering for those of you who have chosen to be a part of this project. None of it works without you subscribing and reading!I have to give an extra shoutout to PHEMEX for being the anchor sponsor of the newsletter since the very early days. They're an incredible company with an amazing team and product. I could not have built any of this without them.Here's to another 200 issues. At this rate, it won't take too long.I will charting your requests at 2 PM EST today, like every Wednesday! You can submit a request by responding to this email BY 1PM EST. One request per person, per week.https://www.youtube.com/watch?v=cKDfInPBjkAIn This Issue:All Hail Sushi From IntoTheBlockBitcoin Thoughts And AnalysisAltcoin ChartsTwitter Hacker Sentenced to 3 Years In PrisonInvestment Firm NYDIG Says Adoption Is ComingeToro Is Going PublicPolkaFoundry Is LiveMy Recommended Platforms And Tools