Harvesting Losses or Harvesting Trouble? The Bitcoin Tax Trap US Traders Keep Falling Into
Many US Bitcoin traders believe they can sell at a loss and immediately repurchase to capture a tax deduction—a strategy that works cleanly in crypto today but sits on dangerously shifting regulatory ground. This article examines the current legal landscape, the real audit risks hiding in plain sight, and the structured approach serious traders should adopt before the rules change beneath them.