Hi,
Does anyone have an understanding of how taxes work with cryptocurrency?
I read about capital gains tax, but what if the BTC i have was donated to me at first?
Depending on your jurisdiction it may vary from 0 to anything, but in general: if you receive a donation or a gift that is in itself subject to taxation, so you´d need to pay at the moment you got them. Also capital gains are taxable as you said in most places.