If I invested 30k in Ethereum and when my investment goes up to 60k, and I sell 30k just to get my initial investment back, will I be taxed on that? I live in the United States and just bought Ethereum this year.
I think there is no tax when you buy and sell Crypto, it's just that you need to pay maker and taker fees. But taxes will occur if you have made crypto a real currency. Taxes that you have to pay through the bank. And as long as you haven't withdrawn it, the tax will be borne by the exchange platform in America.