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.
Actually, it brings more confusion to many users, it seems that the guidelines are not that clear enough to simplify the message to many US citizens that are crypto users or crypto investors, I guess you need help from a professional or expert on that IRS matters it seems that most of the suggestion here is just base on a personal opinion since you are a US citizen that's why you should seek also the help from a US citizen that was knowledgeable regarding that matter.