What are the capital gains and losses for digital currencies in 2018?

1 answers

• Jan 05, 2022 · 3 years ago
  As an expert in the field, I can tell you that the capital gains and losses for digital currencies in 2018 were quite significant. The gains were driven by the increasing adoption and mainstream recognition of cryptocurrencies. However, the market also experienced a major correction towards the end of the year, leading to substantial losses for many investors. Calculating capital gains and losses for digital currencies involves considering factors such as the cost basis, transaction fees, and holding period. It is crucial to keep track of all transactions and seek professional advice to accurately report and calculate these gains and losses.
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