List of Flash News about crypto income
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2025-06-01 17:29 |
Crypto Tax Strategy: Why Selling Tax Portion Immediately Is Key for Traders
According to Patrick McCorry (@stonecoldpat0), all crypto income should be accompanied by immediately selling a portion to cover taxes, minimizing exposure to potential market volatility that could impact tax liabilities (Source: Twitter, June 1, 2025). This approach is critical for active traders, as it secures funds required for tax obligations and reduces the risk of being forced to sell at unfavorable prices later. Professional traders and investors are increasingly adopting this method to protect against sudden drops in crypto asset values that may otherwise result in tax shortfalls. |