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Nathan Goldman Explains the Importance of Tax-loss Harvesting

Nathan Golden, professor of accounting, highlighted two main reasons for why tax-loss harvesting is an important strategy for cryptocurrency investors.

“Given the dramatic ups and downs, there is ample opportunity for investors to sell during the down periods, creating a tax loss that can be used to offset another gain — also known as tax-loss harvesting,” said Goldman.

Read more on Cointelegraph.

This post was originally published in Poole Thought Leadership.