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Also, once they sell the first coin it will be the lowest cost one due to FIFO tax rule. So they will also be hit by the maximum CGT.
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Also, once they sell the first coin it will be the lowest cost one due to FIFO tax rule. So they will also be hit by the maximum CGT.
A collapse scenario:
https://fxtwitter.com/ActuallyClimber/status/1985835237947936871