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:npub1qh5sal68c8swet6ut0w5evjmj6vnw29x3k967h7atn45unzjyeyq6ceh9r 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