At what threshold should I start wash selling some bitcoin?
Discussion
Wash selling?
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.
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
You mean mixing ? To hide your SATs to trace back to you ?
Never sell your Bitcoin ( not an option for me )
I’m 100% wash selling if we go sub 100k this week