You can sell bitcoin at a loss and then immediately buy back for a tax loss and a new basis.

This is different than stocks where if you sell a stock and then buy it again within 30 days it’s as though the sale didn’t happen.

Reply to this note

Please Login to reply.

Discussion

Oh damn. Way out of my wheel house.

I just stay humble and stack. 🤝

Dude I get it.

There are times where I want to be nostr:nprofile1qqsqt6gwlarurc8v4aw9hh2vkfdedxfh9zngmza0tlw4e66wf3fzvjqprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvqywhwumn8ghj7mn0wd68yttsw43zuam9d3kx7unyv4ezumn9wsmngl4f and heavy DCA when things are good and back off when things are frothy but I ultimately just get overwhelmed with technicals so I DCA everyday and then lump sum degen when I have cash lol

Buy corn ever'y day 🤙

Bought 90k sats today 🤝