IA Trade Alert (Patreon)
Published:
2023-12-12 15:08:53
Imported:
2023-12
Content
I just swapped 2/3rd of my long standing ETH position for Solana. I plan to keep last 1/2rd so I have a little exposure to ETH.
I got 31.51 SOL for every ETH.
Cost basis on ETH was about $200 (11x since March 2020) and I now have to now pay long-term capital gains on that.
Remember I can still swap back over time. I was planning to do this for a long time but was afraid my SOL concentration would be too high.