Kamilah Stevenson warns XRP holders that selling crypto after two years triggers capital gains taxes many don't expect. Neglecting tax planning means you're not actually building wealth right, even if your investment picks are solid.
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Here's the thing most people don't realize until it's too late. You can hold your XRP or any crypto that you own for 2 years, it goes up significantly, and then you sell, and then you find out exactly how much of that gain you owe in taxes. That is a gut punch to a lot of people. If you ever have made a lot of money and have had capital gains, you know what I'm saying. You can think that you're doing everything right with the investment, but if you don't plan around taxes, I can just let you know that you're not doing everything right. If you're serious about building wealth in this shift, make You're subscribed.