The fall of the crypto market and the massive losses in the macro-environment of the crypto market mean a few things – but unexpectedly, they could also mean significant savings with tools like Ledgible.
For example, let’s say you bought 1 BTC for $10,000 and sold it later for $15,000, resulting in a $5,000 capital gain. If you also had a capital loss of $3,000 from selling another cryptocurrency, you could use that loss to offset the gain from BTC, resulting in a net gain of only $2,000.
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