Lost Money Trading Crypto This Year? Here’s How to Recoup Your Losses at Tax Time

Last Thanksgiving, Bitcoin was in the middle of a bull run that would result in a record high of $19,511 just before Christmas. Now, Bitcoin is worth just $3,752.

If you bought Bitcoin and other cryptos when their prices were high, there’s a silver lining around the gray state of crypto markets now: any losses you take this year could place you in a lower tax bracket. What’s more, claiming those losses is easier than you might assume.

Original source
https://ethereumworldnews.com/lost-money-trading-crypto-this-year-heres-how-to-recoup-your-losses-at-tax-time/

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