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
Passionate about crypto Trading since 2015 M.Sc. Chemical engineering Soon Ph.D. Computer science
The idea is part of this collection:
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
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.
I agree to receive email updates