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.