This is nothing new. It's also why crypto is a total sham.

"Hey, I doubled my money investing in crypto!.... Oh wait, no, I just barely made my initial investment back after paying capital gains tax, state tax, federal tax, broker fees, wallet conversion fees, oh and foolishly overspent my budget thinking I had made out like a bandit..."

(Insert Merkimer sad meme)

This is nothing new. It's also why crypto is a total sham.

"Hey, I doubled my money investing in crypto!.... Oh wait, no, I just barely made my initial investment back after paying capital gains tax, state tax, federal tax, broker fees, wallet conversion fees, oh and foolishly overspent my budget thinking I had made out like a bandit..."

(Insert Morkimer sad meme)