Bitcoin is down so you may as well get some free tax savings: 1 - You can sell BTC or other crypto that's down from when you bought 2 - This books a capital loss for taxes (you deduct from other gains) 3 - You can immediately buy it back keeping your portfolio untouched

If you sell a stock that's down, you have to wait 30 days before buying it back No such "wash sale" rule exists (yet) for crypto, so you can harvest the loss & immediately buy it back You book tax savings immediately and keep your portfolio untouched, quite a hack!

Caveats: 1 - This is not tax advice, always do your own research 2 - The guidance here is changing, and I'd expect formal wash sale rules for crypto at some point in the future to close this loophole 3 - Obviously will not work with crypto ETFs and other securities