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A Tax-Loss Harvesting PSA for Your 95%-Down Bags + Pump.Fun is Still Shady | Ep 596

Good now revolutionaries — Evan and Alex are solo in the hosting seat (Will and Matthew out). The heart of the episode is Alex's portfolio restructuring PSA — a plain-English tax-loss harvesting walkthrough aimed at anyone sitting on 90%-down altcoin bags they refuse to sell.

The math: realized capital losses net dollar-for-dollar against capital gains, with up to $3,000 a year applied against ordinary W-2 income and the rest carried forward indefinitely. Evan runs the GPT-made visual — a $12,000 gain offset by selling an $8,000 loss drops the taxable gain to $4,000, a 67% reduction. Alex…

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