The proposed 'wash sale' rule for $BTC isn't just about taxes—it’s a structural trap for your strategy.
Right now, selling at a loss to harvest tax breaks while maintaining exposure is standard play. Aligning crypto with stocks forces a mandatory waiting period, effectively killing the pivot. Watch how exchanges update their reporting to track these repurchases; that’s where the trap snaps shut.
$BNB $BTC #tax #Narratives #Blockchain
Right now, selling at a loss to harvest tax breaks while maintaining exposure is standard play. Aligning crypto with stocks forces a mandatory waiting period, effectively killing the pivot. Watch how exchanges update their reporting to track these repurchases; that’s where the trap snaps shut.
$BNB $BTC #tax #Narratives #Blockchain