Day trade in cryptocurrency on H1 B
Hey guys, can we day trade cryptocurrencies while on H1 B?
Sure...
Thanks
Just make sure you're reporting them on your tax returns eventually. IRS has started coming after crypto investors and traders. I think Coinbase gave them a dump of all its user data.
I think the key part here is day trading, which could be considered a second job, which you can’t have on H1B. You can own and trade crypto, but I would do further research or consult with professionals to see what the deal is with day trading (there is a very precise legal definition for it) and its relationship to your H1B status.
What are the basis for your advice of day trading being considered second job? Any links? Or is it your invention?
No h1b limitations for these things. Microsoft is overthinking this.
Yes! Investment is allowed on H1-B. It is the same case as doing day trading for stocks, buying-selling home