The more losses you can rack up, the better it is for the investor in the long run.
“You can harvest an unlimited amount of losses and carry them forward into an unlimited number of tax years”.
Because the wash sale rule doesn’t apply, investors can harvest their crypto losses more aggressively than with stocks, because there’s no baked-in waiting period.
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Passionate about crypto Trading since 2015 M.Sc. Chemical engineering Soon Ph.D. Computer science
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