Questions tagged [crypto losses]

ShintoSanctuary Sat Dec 21 2024 | 5 answers 1027

I'm wondering if it's possible to carry back any losses incurred from cryptocurrency investments to previous tax years, similar to how some traditional investment losses can be treated.

MountFujiVista Wed Dec 11 2024 | 6 answers 977

I invested in cryptocurrencies last year, but unfortunately, the market crashed and I lost a significant amount of money. I'm wondering if there's any way I can claim these losses, possibly for tax purposes or insurance claims. Is it possible to recoup some of my losses through official channels?

Giuseppe Fri Dec 06 2024 | 5 answers 1101

I've invested in cryptocurrency but recently suffered some losses. I'm wondering how to effectively handle these losses and mitigate their impact on my portfolio. Should I sell, hold, or buy more? Seeking strategies to manage crypto losses.

SakuraDance Thu Dec 05 2024 | 5 answers 1188

I'm wondering if it's possible to declare losses from cryptocurrencies. I've heard mixed opinions on this and would like to know the official stance on declaring crypto losses.

Giulia Tue Dec 03 2024 | 6 answers 1226

I'm wondering if it's possible to declare losses related to cryptocurrency investments. I've heard mixed opinions on this and would like to know if there's a clear answer.