Money

Can stock losses offset crypto gains?

New / EngMSFT_fte
Dec 5

Thinking of selling losses in stock.

I know they should be same asset class. Don't know if crypto is an exception by any means.

comments

Add a comment
  • McAfee JohnMcPee
    Crypto gains? What is this thing you speak of? 😳
    Dec 53
    • New / EngMSFT_fte
      OP
      I sold my crypto portfolio last week, all was gain as I sold my initial investment at bitcoin 14k. Not a lot of profit though. Should have sold much sooner sigh
      Dec 5
    • McAfee JohnMcPee
      You lucky dawg. I am stuck with heavy bags and have written the whole thing off as a loss (in my head). Never again!
      Dec 5
    • New / EngMSFT_fte
      OP
      I know, sorry about that, it sucks
      Dec 5
  • Facebook H4528si
    Yes. Crypto gain will be taxed same as stocks, so you can offset short gain vs short loss and the same for long.
    Dec 53
    • New DuQvV7x
      There is no short or long term loss. There’s just loss.
      Dec 5
    • Facebook H4528si
      Good to know, thanks
      Dec 5
    • eBay CEbi00
      @DuQvV7x You have short term losses and also long term losses . Not sure what you meant by just losses
      Dec 8
  • New / EngMSFT_fte
    OP
    I lost a lot on FB and NVDA.
    Dec 52
    • Hitachi Vantara kwit
      Just hold
      Dec 6
    • RackWare Dreamlight
      Lol, FB ain't coming back. NVDA maybe.
      Dec 6

Download the app for more exclusive content.