Hypothetical #asknostr question for accountants:
Let's say I want to sell some of my Bitcoin... My earliest purchases are going to be hard to calculate my cost basis because I didn't keep good records/the platform my now be defunct...
Let's say I want to use LIFO (since I do have better records of my cost basis). I currently DCA hourly so there's this past year lot of bitcoin that is short term holdings.
The question is can I choose to use LIFO on only bitcoin considered long term holdings?
#plebchain #growstr #accountingstr
Boosting this for more confirmation... Would any accountants chime in?
#asknostr #plebchain #growstr
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Sell bitcoin?
Hypothetical question, not planning on spending any of it until the next halving