With the historic rally in Bitcoin and Ethereum, there are more investors than ever seeking to diversify their newly expanded cryptocurrency holdings. Whether this diversification involves exchanging cryptocurrency for fiat, other cryptocurrencies or a mix of both, the downside can be capital gains tax exposure.Capital gains if the underlying property has been held for over a year are taxed at 15 percent, 18.8 percent or 23.8 percent, dependent upon the amount of income received during the ye

Source and More information: Op Ed How Cryptocurrency Holders Can Diversify While Deferring Taxes

Author: CryptScout.com