Accumulate Losses - Deepstash

Accumulate Losses

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.

7

35 reads

CURATED FROM

IDEAS CURATED BY

seali33

Passionate about crypto Trading since 2015 M.Sc. Chemical engineering Soon Ph.D. Computer science

The idea is part of this collection:

Harnessing Blockchain Technology

Learn more about crypto with this collection

Understanding the basics of blockchain technology

The benefits and challenges of using blockchain

The future of blockchain technology

Related collections

Similar ideas to Accumulate Losses

BTC as a Property

Because the IRS classifies digital currencies like bitcoin as property, losses on crypto holdings are treated much differently than losses on stocks and mutual funds, according to Onramp Invest CEO Tyrone Ross. With crypto tokens,...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates