RE: The ONLY Time You Should SELL CRYPTO

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The ONLY Time You Should SELL CRYPTO

in cryptocurrency •  8 years ago 

Ahaha yeah, I also did that at $75. : |

I hate that I need to report my gains though. What's the point of having decentralized currency if you're still beholden to the government of residency? Haha.

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Well the gains I reported were the ones from my actual jobs, this is my first year trading crypto, I am still trying to figure out if I have to pay taxes next year over my crypto assets or gains...

assuming that you are in the US, this might help:

https://www.irs.gov/pub/irs-drop/n-14-21.pdf

Thank you mate!