If you buy one #bitcoin at $126,000
And it goes to $88,000
You can sell it
And buy it back 6 seconds later
Do you still have the same one Bitcoin ??
But you can realize a capital loss of $38,000 for tax purposes$BTC
And it goes to $88,000
You can sell it
And buy it back 6 seconds later
Do you still have the same one Bitcoin ??
But you can realize a capital loss of $38,000 for tax purposes$BTC
