What is a crypto or securities wash sale ?  🤔

A wash sale happens when you sell a security at a loss and then buy the same security (or something very similar) within 30 days before or after that sale. This creates a 61-day window — if you repurchase within this timeframe, the wash sale rule kicks in, and the loss or tax deduction is disallowed.

Hodler exploring web3. Solana airdrop farmer, bitcoin solo miner, Helium network miner, and Medium blogger. 🎭🎭🎭

hi steve🌹

I am glad you are active again, you always provide useful information👌😉🔥