News about Losses

by COINS NEWS - 2 years ago

When do you cut your losses?

At what point do you accept that one of your coins might never recover, or you may never make back your losses? I'm not talking about selling BTC during a dip. I'm talking about selling a coin you bought at its ATH, that tanked with no hope o...

by COINS NEWS - 2 years ago

My story of massive losses today

I tried posting this with an alternative account as this is all quite personal, but that account is too new to post. So nevermind I'll just use my main account. It looks like I've come to the end of my crypto story so I might as well tell it...

by COINS NEWS - 2 years ago

Who else stopped giving a fuck about their losses?

This will be seen as Hopium. But it's not. This volatility will be just a blip in the long run. I still believe in crypto no matter how many FUDs and bearish post got upvoted to frontpage. This is a rare chance to get a life changing wealth and I...

More / Bitcoin Reddit - 2 years ago

Realizing BTC losses for tax purposes

Since there is no wash sale rule on cryptocurrency in the US, and assuming I made some BTC purchases for a higher price than the current price, is there any reason not to sell and re-buy in order to realize short term capital losses that I can claim...