I'm considering selling some cryptocurrency I purchased this year now that the prices are up, but I'm not sure how the capital gains would impact it. Is there any way to reduce the short term capital gains I would need to pay on the sale? Can I reinvest the money in stocks/index funds to avoid it?
It's also my understanding that cryptocurrency is taxed as a collectible (like precious metals would be). Is this correct? What are the implications of that?
Submitted November 26, 2017 at 10:33AM by pfthrowaway112617 http://ift.tt/2Bo9kpn
