I first started investing in crypto January last year so most of my time I have been in the red and yet to experience any profit. I have just been dollar cost averaging the last 12 months and holding, not planning to sell until 2024 at least.

Due to this pump in the last week my portfolio is almost break even which is good to see. I don't expect it to last however as another crash will come eventually.

It has got me thinking of what the bull run will be like next year and what happens when I eventually decide to take profit.

How does tax work in the UK? Do we just withdraw our funds and then pay tax or does it have to be sorted out before withdrawing?