Depebends ob the tax jurisdication obviously.
Normally the are treated first in first out.
Discussion
That’s rather ridiculous… but the jurisdiction is a first world country so assume it’ll be this..
Assuming this is on a trust basis..
In German its FIFO, but not on an UTXO base.
You start DCAing into BITCOIN, and everytime you sell/spend BTC they assume you've spent the "oldest" sats you own, independent of wich sat you actually move.
That's rather nice jurisdication here, because any gains from sats you hold longer than 1 year are tax free (!).
I won’t have this issue - I don’t have many sats but I now understand your comment. Thank you! 🤙🏻