If you buy Bitcoin for $110,000


and then it drops to $60,000,
you can sell it,
and then buy it back 6 seconds later.
You still have that same Bitcoin in your hands,
but for tax purposes, you have realized a $50,000 capital loss.
BTC-1.03%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin