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A profit of any amount "the use of virtual currencies. PARAGRAPHThe blistering rally prompted many investors to invest in the cryptocurrency for the first time, while others who had been holding onto their bitcoin for some ttaxes took advantage of the token's exploding price to sell some of their holdings for a profit.
Capital gains are taxed differently based on how long you hold an asset before selling. Chandrasekera points out that many people mistakenly overlook this type of transaction when it comes to taxes because no cash was realized. Offer may change or end at any time without notice.
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