>there is a lot of real-world variables missing from this The most real world variable missing is taxes. In short coins held less than a year can be taxed at

>there is a lot of real-world variables missing from this The most real world variable missing is taxes. In short coins held less than a year can be taxed at a 39% rate on the high end and a trade on a coin held more than a year is 20% (again on the high end). Even those numbers vary on the traders tax bracket (income). It is significant, especially when you don’t know and the IRS audits you adding late fees, penalties and maybe legal fees.