3min chapter

Modern Finance cover image

Modern Portfolio Construction (crypto+stocks) with Chris Hutchins

Modern Finance

CHAPTER

Is There a Way to Track the Cost Bases of Cryptocurrencies?

Every time you buy crypto, you've got another cost basis. There isn't a easy way to say what's the cost basis of mycrypto. We could build a system that would allow for tax loss harvesting at wealth front and coin base. That is something that i think is superinteresting for people that ere kind of buy and hold crypto. It's probly less interesting for people that don't want to give up custody,. If you want to use that east, go buy an ouf tes. You don't want it to be held by some one else who can manage the tax lots for it.

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