(@Daxdaniel) on getquin

5Mon·

After some time, I have now sold my position in CRO, which I bought primarily to be able to apply for the green Jade Green card from Crypto.com.

This was certainly not a good investment and I am now closing it with a loss of just under €2800.

Now I have a question: can I offset this loss against Ethereum staking gains under other income or will I be stuck with the entire loss?

Can I carry over part of this loss into the next year? Does anyone among the crypto disciples here know anything about this?

30.05

Crypto.com Coin

Sold x6935.68 at €0.105

€725.47

79.37%

6 Comments

Hodlinvestor@Hodlinvestor

5Mon

If you have realized the loss within the holding period of one year, you can offset it. (e.g. bought 31.5.23 sold 30.5.24)
Otherwise you are stuck with it!

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View all 2 further answers

PowerWordChill@PowerWordChill

5Mon

I'm glad I only bought the Ruby Steel.
It's paid for itself in the meantime.
Not least because Spotify was free at the beginning. 😅

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SGP@Koenigmidas

5Mon

How wild was it? when many went into cro for cashback.

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Timo@Lordraiden91

5Mon

I'm not a tax advisor, but in my opinion there is nothing more to be calculated against losses after a holding period of one year.
And I think staking is not taxable in the same way as spot purchases

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