Running Commentary on the SP Movements., page-245

"and i'd rather pay as little tax as possible."

That my friend is the irony of false economics...holding for the 12 month period may reward you with less of a tax bill, but it may of lost you the opportunity to double your return in a shorter period by cashing out at higher prices.
Then been able to re-enter once the market had calmed down from the drunken rush of FOMO.

Strategy isn't for every one. But it's wise not to look the gift horse in the mouth and think once the SP is up, it'll stay up.!