Disclosure Please note that our subsidiary, and an editorial committee, usecookiesand can utilize bear markets in long-term investment strategies, others are looking for more short-term silver.
Crypto investment losses can be used to offset capital gains in other asset classes such as stocks. Plus, there's currently no " wash sale rule " for crypto. Crypto exchanges like Coinbase and Binance have trouble providing gains and losses reports to customers in the case of wallet-to-wallet transfers. This costly withholding mistake is 'always a surprise,' tax pro says. This will work well in as the cryptocurrency market continued to hit new lows throughout the year.
