DHIRENDRA HUDDADec 19, 2021 · 3 years ago9 answers Is it possible to avoid triggering the wash sale rule when trading cryptocurrencies in 2024?
I'm wondering if there are any strategies or techniques that can be used to avoid triggering the wash sale rule when trading cryptocurrencies in 2024. The wash sale rule is a regulation that disallows the deduction of losses on the sale of a security if a substantially identical security is purchased within 30 days before or after the sale. Can this rule be avoided when trading cryptocurrencies, and if so, what are some ways to do it?