It's a tax dodge IIUC. You buy crypto, it increases in value. If you sell it you may have to pay capital gains tax on any materialised gains. Swap it for anoth

It's a tax dodge IIUC. You buy crypto, it increases in value. If you sell it you may have to pay capital gains tax on any materialised gains. Swap it for another pretend token however and no tax liability since the gain isn't crystallised. Swap back to another coin when you want and rinse and repeat.