Should i sell and rebuy crypto. This is called Highest-In-First-Out, or HIFO.

Should i sell and rebuy crypto If you bought anything 9–12 months ago Dec 19, 2024 · 7 Key Events To Watch Before You Sell Your XRP, Analyst Explains XRP’s breakout suggests a potential bull run despite recent dips. Jan 8, 2025 · Maelius, a notable market analyst, identifies the ideal selling strategy for XRP holders, predicting a perfect exit point for the market. Better to not use Coinbase to buy, sell or convert. Jul 24, 2025 · To capture gains and avoid big losses, learn when to sell stocks using stock charts and technical analysis. I'm not sure when I should sell my coins and when I can buy more. I've settled on 50% as my allocation for while I'm working in the industry. com serves over 80 million… Apr 1, 2025 · Learn crypto tax loss harvesting strategies to offset gains, reduce tax burdens, and optimize your finances year-round. Only the most skilled and disciplined investors are Apr 22, 2021 · How do you go about selling your crypto? How do you take profits? What's the strategy? Here's my personal plan for this crypto bull market - and my plans for selling. Apr 29, 2024 · What happens if you sell stock and buy a stock option? For example, if you sell stock shares and buy a stock option on the same company, it would trigger a wash sale and invalidate any tax loss from the sale of the shares. 74. Benefits include lowering your current tax bill, potentially offsetting other income, and carrying forward losses into Dec 7, 2022 · Why I’m Selling Off (and Re-Buying) my Crypto Hey folks, I think everyone at this point can agree that it’s been an extremely tough year for Crypto. This means crypto follows the same rules as stocks and bonds—you pay tax if you sell, exchange, spend, or convert crypto for more than it costs you, and deduct losses if you receive less than what you paid. Sep 11, 2025 · Crypto tax loss harvesting means selling crypto assets at a loss so you can use that loss to reduce taxes on your gains. Jun 26, 2025 · Bitcoin’s price can rise or fall dramatically in just hours, and that makes every holder pause and ask, “Should I sell now or hold longer?” With market volatility being the norm, there’s no one-size-fits-all answer. Here are some things to consider when you decide if it's time to sell. Get strategies to minimize tax liability and navigate possible changes in legislation. com Apr 20, 2025 · The crypto market can be difficult to navigate, especially for new investors. If you sell crypto that has risen in value and you've held for more Aug 23, 2021 · I've been holding Dogecoin, and the price seems to go up. announced a rollback on tech tariffs and hinted at interest rate changes, shaking up both stocks and crypto It doesn't make sense to rebuy the same amount after selling, taking a loss, unless it's for tax reasons. This article will help you apply some basic strategies to avoid potential mistakes and make some gains. As May begins, the market’s old saying – “ Sell in May and go away ” – could be a cause of concern for the superstitious. 5% despite the significant turbulence that the market has gone through. In Feb 25, 2025 · Should I sell XRP (Ripple) right now?When to Sell XRP? Find out top reasons for selling XRP at the current price and top reasons to hold XRP. Only those who improve their cryptocurrency investment strategy every day, one mistake after another, consistently crush the masses. If crypto goes negative, it will mean that the coin’s value has dropped so low that it is no longer worth anything. Since crypto is treated as a property and not a security, the wash sale rule does not apply. Instead, your decision should depend on your personal financial goals, risk comfort, and tax situation. Should I sell at the next ATH and rebuy from Harmony. Apr 1, 2022 · The first is your crypto allocation as a portion of your total net worth. Updated for 2025. How much tax will you be paying, it might only be 10% on the profit, and this might not be that different to being out of the market, dealing spreads etc Feb 1, 2023 · If you want to move forward with harvesting your crypto losses, it's important to understand how it could impact your tax bill. Here are 4 strategies to help with that. Crypto. com. Jan 13, 2025 · Struggling to know when to sell your crypto? This guide offers practical strategies to avoid emotional decisions and maximize profits. Aug 19, 2022 · The “buy low sell high” strategy is easy to understand, but extremely difficult to implement, especially in crypto trading. Five essential questions to ask before you sell your Bitcoin If playback doesn't begin shortly, try restarting your device. How long should I hold Dogecoin? Also, since I don’t know how much it will go up, I typically wait too long and miss out because it would have already fallen back into the negatives. What happens if you lose money in crypto? If you lose money in crypto, you will have to sell your assets to cover your losses. Apr 3, 2025 · 🤔 Wondering if you should sell your crypto and buy back later? Dive into the analysis of tariff impacts on BTC, XRP, and more! 💰📉 2 days ago · Should you sell or hold Bitcoin? Learn how to decide based on market trends, price signals, risk appetite, and expert insights. While DOGE didn’t quite make it to the $1 mark, a lot of holders were still able to realize substantial Feb 29, 2024 · With the price of Bitcoin (BTC) above $60,000 and most of its holders in profit, many are wondering when would be the right time to sell. If this was a stock or other security, you’d have to wait 30 days before repurchasing to avoid the wash sale rule. Ultimately, your choice Jul 2, 2025 · Should I sell my Bitcoin? If you’ve been watching the charts swing and your group chats blow up, you’re not alone. If you rebuy immediately, all you did was reset the "profit counter" and probably owe more, not less. However, according to analysts and market observers, there are several crucial factors XRP investors should wait for before making a decision. Let's explore if SOL is a good investment right now and long term. May 1, 2025 · XRP (XRP) is the best-performing cryptocurrency of the top 5 this year with annual gains of 7. Is it smart to sell stock and rebuy? In short, yes you can sell and buy back. This is the case whether you buy Bitcoin and sell it for dollars or whether you exchange it for other Oct 4, 2021 · As tempting as it was to sell some today after being up 90+% since buying it a few weeks ago was difficult. Problem is - I don't know if I should just keep HODL'ing (I'm planning on holding for at least a year or two) my portfolio throughout all this volatility - or if I should sell when there is SOME semblance of a local top (I know no one can predict the future and know for sure if its a local top top, but just trying). Do you want 10% of your net worth in crypto? 50%? 90%? I'm not going to tell you what this number should be, you just need to pick a number and stick to it. Save on taxes legally! Jan 12, 2023 · The crypto bear market is still in full swing How to sell Dogecoin? The bottom line - should you sell your Dogecoin? Dogecoin made headlines in 2021 when it was riding a massive wave of hype and reached an all-time high at almost $0. I bought ONE on Crypto. Jan 1, 2025 · With that in mind, long-term investors may want to wait for some of the crypto hype to die down before considering a position in the token. trueThe problem with this is you don't know when the dips come. Only difference in when you sell you immediately takes a loss of $300 dollars,which you can file for tax benefits. one? We would like to show you a description here but the site won’t allow us. Dec 20, 2024 · Is Solana a good buy, an overvalued sell, or a reasonably priced cryptocurrency you should hold if it's already in your crypto portfolio? Solana's rocky history Feb 26, 2025 · Impatient crypto investors may be itching to sell their XRP (XRP 1. Dec 5, 2024 · With the bull market unfolding, when is the optimal time for you to cash out on your crypto profits? Let's explore. With the prices at these all time lows would it be a bad move to sell at a loss and immediately buy back into the market. “Sell at the top and rebuy at lower prices,” he recommended. I bought into bitcoin when it was worth around 55k and/or 55,000 per coin. Read more. . 6% will continue to add up. In this article, we'll discuss five crucial questions you should ask yourself should I sell my Bitcoin. Learn what to consider before buying, and when it might be best to buy or sell your Solana It’s not a bad idea to sell at a loss and rebuy into the same project to lock in that Capital Loss, which you can use to offset capital gains (in the US) at least. My plan now is to bank profits with USDC and re-enter when i can to buy back in. Dec 9, 2024 · Learn how seasoned investors set their goals and plan their crypto exits to lock in profits, protect against losses, and reposition their portfolios. The decision to sell or hold has sparked discussions that may define trading strategy for months to come. Jul 18, 2023 · Learn when to take profits on cryptocurrency investments and the best ways to spend and reinvest your earnings. The time period you should wait to repurchase the stock is dependent on the reason you sold the shares in the first place. But how can you tell the difference between normal trading and major bull or bear moves? Apr 11, 2025 · So in your example, yes - you could sell your crypto at a loss, claim that loss on your taxes (which offsets other capital gains or up to $3,000 of ordinary income), and then immediately rebuy the same crypto without violating any wash sale rules. In what order should I sell crypto I bought over multiple transactions? When you sell, you should sell your most expensive crypto purchase and use that number to determine your taxes. Would it be in my best interest to sell what I have and reinvest as it has lessened in value? If you sell your crypto now, and then rebuy it 61 days later, you could probably go ahead and do this and expect to deduct. Is it better to convert or sell on coinbase? Let’s say converting Bitcoin to Etherium. If you’re wondering, “Should I sell my Bitcoin?”, this guide will help you make an informed decision while avoiding emotional pitfalls like FOMO (Fear It’s hard to predict the best time to sell your crypto. Nov 10, 2024 · Do you have to pay taxes on crypto if you reinvest? Learn about tax rules and implications for reinvesting, trading, and reporting your crypto activities. You can then rebuy the crypto right away at the current market rate. What happens if you sell for fiat and are waiting to re-buy back BTC but the exchange freezes your money or goes defunct ? If you are going to do this than the absolute minimum you should do is "Never go full fiat" , take a % of your stack like half at most to gamble with swing trading and keep the rest in your private non custodial wallet . So I asked myself, why do it? I didn't have a good answer. Stop orders are used to trigger a purchase should the coin price Feb 9, 2022 · Can I rebuy a stock after selling? Under the wash-sale rules, a wash sale happens when you sell a stock or security for a loss and either buy it back within 30 days after the loss-sale date or "pre-rebuy" shares within 30 days before selling your longer-held shares. Oh and every time you sell it’s a taxable event (depending on your country - not financial advice obvs) Sell when you want to sell, but don’t do it expecting to buy back in at a profit. If what you’re saying is that buying low and selling highly makes you money, i don’t think that’s something that needs to be said… May 1, 2024 · As a crypto investor, you may prefer to sell or hold. Analyst Velo Maxi highlights seven key events that could drive XRP’s price. However, market experts seem to believe that May could be as bullish as April was for cryptos. Ripple’s legal battle and possible XRP ETF approval are crucial for future gains. May 23, 2022 · They want to know whether they should take advantage of the recent pullback (the S&P 500 is down 20% year to date), wait for a better opportunity or sell out entirely. Or is it even cheaper to just use CoinbasePro and sell/buy on there? Mar 15, 2024 · As volatile as ever, bitcoin is hitting new highs. Even crypto to crypto, not just crypto to fiat. The crypto market is known for its volatility, often leaving investors unsure of the next move. The market’s been unpredictable. S. But investing at the right time requires luck. Send XLM to an exchange and then do what you want. In Belgium for example, crypto to crypto is not taxed, and only as soon as you trade back to fiat, it is taxed, not just when you transfer it back to the bank. It works best when you track both realized and unrealized gains/losses, sell under-performing assets, and possibly buy them back if wash sale rules allow. How do I judge this? Dec 20, 2024 · Is Solana a good buy, an overvalued sell, or a reasonably priced cryptocurrency you should hold if it's already in your crypto portfolio? Solana's rocky history Feb 19, 2025 · Wondering when is the right time to sell crypto? In this guide we take a look at when to sell your crypto and when to hold on. There is famous story of somebody who went up to a million dollars in 2017, and lost it all in 2018 not selling when it crashed. In this guide, we will be covering the following: When Should I Declare My Cryptocurrencies? How Are Cryptocurrencies Taxed in the UK? What is the Tax What i should say is i don’t plan on exiting from crypto to fiat unless it’s a large amount. This is called Highest-In-First-Out, or HIFO. While Bitcoin has previously rebounded from steep declines to reach new record highs, there is no certainty that it will follow the same pattern in the future. Is "converting" two cryptos on Coinbase cheaper than selling one then buying the other? I've read about people experiencing up to a 25% loss doing conversion, but it's hard to tell if that's true and how common it is. By your analogy, if have unrealized gains of $700 or a fresh buy of $700, it will move up or down by the same amount. Because it’s crypto and no wash sale rules exists for it, he can realize the 13k loss to offset the 13k gain, while still owning the crypto. DisClamier: This content is informational and should not be considered financial advice. Apr 10, 2025 · Table of Contents What Happens During a Crypto Market Crash? 5 Things to Do When the Crypto Market is Down Past Crashes to Learn From Common Mistakes to Avoid During a Crash Should I Sell or Hold? Decision Checklist Helpful Tools and Resources Safety Tips for Volatile Markets To Recap FAQs A crypto crash happens when the prices of major cryptocurrencies like Bitcoin, Ethereum, and others are Nov 13, 2024 · Bitcoin has smashed $90K and Donald Trump is fuelling crypto bull run, but when to sell crypto? When to sell altcoins? When to sell Bitcoin? Are crypto sales subject to the wash sales rule? At this time, crypto sales are not subject to the wash sale rule. But I am also DCAing monthly so the 1% vs 0. Dec 27, 2023 · Cryptocurrency Tax Loss harvesting. Mar 15, 2025 · As its holders already know thanks to its growth of 1,200% during the past five years, XRP (XRP 2. You just have to invest at the right time — like in December 2017, when no one could lose. If he sold, in say December, he’d have a 13k loss. The IRS classifies virtual currency as property. We would like to show you a description here but the site won’t allow us. Selling and immediately reinvesting: Buy coin at $1000 Sell coin at $500 Immediately rebuy at $500 Coin returns to $1000 I have no profit but I gained a tax write off. You could end up having to rebuy at a higher price Reply reply Baablo • Sounds like a good old buy high sell low technique Reply reply [deleted] • Step 1: Buy high Step 2: Sell low (expecting it to go lower) Step 3: It never goes lower Step 4: FOMO back in even higher than step 1 Reply reply Jan 16, 2025 · If a bet you made on a stock or cryptocurrency has paid off, it's important to have a process in place to manage your portfolio, experts say. It’s one of the most common (and most complicated) questions in crypto. Let’s summarize this article by answering a few frequently asked questions about cryptocurrency tax-loss harvesting. Dec 8, 2024 · Crypto tax-loss harvesting tips to reduce your tax bill as the price of bitcoin continues rising. With mixed emotions prevailing in the crypto community, all eyes are on the tariffs and their potential fallout. To avoid crypto holds, you can purchase using your fiat wallet balance or purchase using a debit card. I do fear not being able to buy back in a price i want, but i guess that’s why you should be comfortable with get price you sell it at. This is known as tax loss harvesting and can be done with crypto holdings. In May, the U. Similarly, Nunoarmada reminded market participants that not all crypto assets will continue to rise by the end of a cycle. See full list on fool. Feb 20, 2024 · Anyone can make big profits from investing in cryptocurrency in 2025. He can then rebuy all the crypto for 15k. This way I can secure profits for sure, then wait for a correction to rebuy 205K subscribers in the Crypto_com community. Should I harvest my crypto losses for my taxes? You have to wait a month before you can rebuy the same crypto. May 30, 2025 · Averaging down is a strategy in which investors buy more of an asset as its price falls. Mar 24, 2021 · When you buy Bitcoin and sell it for a profit you are subject to capital-gains taxes. From what I have read, this method usually involves lots of calculations to determine if it is worth it or not. Did your cryptocurrency investments decrease in value this year? Don't fret. A higher cost basis translates to less tax on your sale. Jun 11, 2025 · Avoid violating the IRS wash sale rule for tax losses when you sell and rebuy stocks. Mar 15, 2024 · Do you want to learn more about crypto taxes? Or are you looking to declare your cryptocurrency transactions to the tax administration? We aim to answer all your questions and set you on the right path to declare your crypto taxes in the UK. Jul 7, 2025 · Should investors still buy XRP now and expect it soar to new record highs above $4? Let's take a fresh look at the token's near-term catalysts to decide. Nov 1, 2025 · Learn about the wash sale rule and its potential impact on crypto. However, crypto wash sales may be disallowed if they are found to not have ‘economic substance’. However, you should consider your financial ability, and if you sell, there could be tax implications. 22 votes, 111 comments. Do I have to pay taxes if I sell crypto at a loss? Selling cryptocurrency at a loss can reduce your tax bill by offsetting capital gains from cryptocurrency, stocks, and other assets. 28%) is a great asset for buying and holding forever. Not to mention, if I hodl and someday my stash is worth say $1,000,000, that’s a $4,000 difference in fees to sell it! I know if I sell now I’d have to pay the fee to sell and the fee to rebuy, and capital gains tax (minimal at this point). Feb 13, 2025 · Bitcoin has become one of the most popular investment assets, but deciding when to sell can be challenging, especially in a volatile market. Which way would have the least fees? Or is there a better way? Thanks! Sep 15, 2025 · Should I sell my Bitcoins? You're not alone if you're wondering whether it's the right time to sell your Bitcoin. You could realize those losses and use them to reduce your US taxes. If it was stocks, the 13k loss would be disallowed as a wash sale and added to the basis of the 15k purchase. If crypto goes negative, you will still have to sell your assets to cover your losses. This is not financial advice! The date in which your funds should be available to withdraw to your bank or send out of Coinbase should be displayed in the confirmation email you received when you made the purchase or deposit with your bank account. Dec 20, 2024 · As the digital asset continues to climb in value, many holders are considering whether it’s the right time to sell. I have money in crypto right now which like everyone else has taken a big hit. There are at least three reasons you should That’s not a theory, there’s no strategy outlined for how you know when to sell and when to rebuy. Bitcoin’s up one day, down the next. Yes, you can sell your crypto assets and buy them back at a later time. When a coin reaches your set stop price, the stop order becomes a crypto market order and is executed at the best ask or bid price currently available, with up to a 1% buffer for buy orders or a 5% buffer for sell orders. " We would like to show you a description here but the site won’t allow us. Feb 17, 2025 · Learn how to harvest tax losses in crypto, avoid wash sale rules, and optimize your portfolio with crypto tax loss harvesting strategies. In this guide, we’ll go through five essential questions you should ask yourself before you sell your BTC (and a few action items after you’ve made your decision). by TurboTax•68•Updated10 months ago Cryptocurrency is exempt from wash sale rules. Learn how to use this powerful strategy! Learn how seasoned investors set their goals and plan their crypto exits to lock in profits, protect against losses, and reposition their portfolios. Nov 12, 2021 · You could sell your stake and recognize a long-term capital loss of $5,000. 28%) holdings considering that the coin's price is down by around 24% in the last 30 days alone. Jun 16, 2025 · Learn how & when to sell crypto aligning with financial goals, market cycles, avoiding emotional decisions, & using proven strategies. Sep 23, 2024 · As bitcoin's price continues to climb, many ask "Should I sell my bitcoin?" This article argues why selling bitcoin now is a bad decision. Plus you will love couple of percentage as transaction Crypto tax loss harvesting is a way to avoid capital gains tax without damaging your portfolio. This strategy is commonly referred to as “selling high, buying low” or “trading the dips” and is often used by investors to take advantage of short-term fluctuations in the market. Regardless of how much I hold or Dec 1, 2024 · Moreover, he added that money left unrealized is not a loss. A stop order is an order to buy or sell crypto once it reaches a specific price, known as the stop price. It's sometimes referred to as "buying the dip. Many traders fall into the trap of selling too early out of fear or holding too long due to greed. Nov 20, 2024 · According to CryptoQuant analysts, metrics like the Market Value to Realized Value (MVRV) Ratio and the Crypto Fear & Greed Index can time the BTC top to indicate when to sell. Image source: Getty Images. com is the best place to buy, sell, and pay with crypto. Feb 9, 2022 · Can you sell and then rebuy the same stock? If you sell shares of a stock you own, there is no rule preventing you staying invested and rebuying sh