Best crypto exchange usa 2022
The IRS treats cryptocurrencies as.
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The IRS treats cryptocurrencies as.
If you make purchases with your crypto debit card when your assets are in a loss position, you can actually use this capital loss to offset capital gains with a strategy called tax-loss harvesting. When you buy and sell capital assets, your gains and losses fall into two classes: long-term and short-term. One option is to hold Bitcoin for more than a year before selling.