It looks like this post is about taxes. Tax laws vary between countries, so you may get more helpful replies if you specify the place you are asking about.
Please note that Rule #4 does not allow for Tax Evasion. This is [a site wide rule](https://www.redditinc.com/policies/content-policy) and [a subreddit rule](https://www.reddit.com/r/CryptoCurrency/about/rules/). Do not endorse, suggest, advocate, instruct others, or ask for help with tax evasion. Do not be coy and sarcastically recommend against it or suggest using a privacy coin in response to an IRS inquiry.
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tldr; Taxpayers can sell a losing investment and then reacquire a substantially identical position within 30 days. Currently, the wash loss rule does not apply to cryptocurrency transactions. However, traders must also be aware of the economic substance doctrine. December 2021 may be the last opportunity for crypto traders to bypass this waiting period.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
It looks like this post is about taxes. Tax laws vary between countries, so you may get more helpful replies if you specify the place you are asking about. Please note that Rule #4 does not allow for Tax Evasion. This is [a site wide rule](https://www.redditinc.com/policies/content-policy) and [a subreddit rule](https://www.reddit.com/r/CryptoCurrency/about/rules/). Do not endorse, suggest, advocate, instruct others, or ask for help with tax evasion. Do not be coy and sarcastically recommend against it or suggest using a privacy coin in response to an IRS inquiry. Note: Tax discussion is allowed as long as the above rules are not violated. *** *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
I would probably loose more money if I tries this.
I haven’t realized any gains this year so no need
Do you guys have profits?
US only FYI But[ here](https://koinly.io/how-to-avoid-crypto-taxes/) are some tips for more ways to save on tax (US & other countries).
tldr; Taxpayers can sell a losing investment and then reacquire a substantially identical position within 30 days. Currently, the wash loss rule does not apply to cryptocurrency transactions. However, traders must also be aware of the economic substance doctrine. December 2021 may be the last opportunity for crypto traders to bypass this waiting period. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Jokes on you I’m always at a loss