[...] yet any time we sell any of our bitcoin with an expectation of buying back cheaper, we are going down a presumptive road that might not work out how we had expected it to.
[...] but it is still a gamble to sell some or all of dee cornz with an expectation of buying back cheaper.
so much this
hey wanna gamble? sure have fun
with long term/short term cap gains (USA) just make sure you have your ducks in order even if it works out.
myself, i never sell with the expectation of buying back cheaper.. sure it may happen that i buy some cornz back cheaper but thats a bonus not an expectation. i consider every sat sold is a sat i may never recover be able to recover, even if i wanted to.
yeah the cap gain laws are hard.
I name wallets in my trezor
large hold Dec2024
medium hold Dec2024
small hold Dec2024
I never add coins to the 3 above and they will all be ready to sell in
December as long term.
I also use my PayPal to fully kyc some btc.
these would be short term cap gain if I sell.
and Since I sold all my coins Oct 2022 I have a large carry over loss
I likley will sell the PayPal when it reaches a 19000 dollar gain.
This will zero out my carry over loss.
at the moment I have a 3000 dollar gain in PayPal