Bitcoin has plunged 32% from its all-time high this year. But investors can take advantage of a tax loophole while they wait for the cryptocurrency's comeback.

Unlike securities, the wash sale rules don't apply to crypto. This means investors could sell at a loss, offset capital gains, and remain in the game.

View in browser Subscribe Business Insider brings you a personalized selection of our top business stories, every day. Was this email forwarded to you? Sign up for Business Insider here. Bitcoin has plunged 32% from its all-time high this year. But investors can take advantage of a tax loophole while they wait for the cryptocurrency's comeback. Unlike securities, the wash sale rules don't apply to crypto. This means investors could sell at a loss, offset capital gains, and remain in the game. READ MORE Premium WiFi is banned in Green Bank. Kids living in the US town hacked teachers' computers and paid $20 for codes to get online. The work of the Green Bank Observatory means a ban on most technology is required. But some kids in the area have come up with inventive workarounds. READ MORE 7 productivity tips from business owners running multimillion-dollar companies Whether they're scaling a startup, battling supply chain disruptions, or finding fame, 7 founders share how they structure their days for success. READ MORE Premium Here's how much Elon Musk pays Tesla's engineers, managers, and analysts Tesla is the biggest sellers of electric vehicles in the world but it requires talent to keep it going. Here's how much they pay. READ MORE Tesla delivers a record number of vehicles in the 4th quarter, smashing analyst estimates The company delivered 308,600 vehicles globally between September and December, beating its record set last quarter. READ MORE Premium I moved my growing family to the booming Phoenix area. We happily traded the Midwest's snow for mountains, but homes are expensive, and there's a lot of competition. Khoi Mai ditched the bitter cold of Omaha, Nebraska, for Arizona this year. While he and his growing family love the weather, home prices are surging. READ MORE Michael Burry, Jeremy Grantham, and other top investors are predicting an epic market crash. Here are their gravest warnings of 2021. The "bond king" Jeffrey Gundlach, the "Shark Tank" star Kevin O'Leary, and the "Rich Dad Poor Dad" author Robert Kiyosaki are expecting a downturn. READ MORE Premium I'm a 30-year-old Spanish professor who moved to Myrtle Beach, South Carolina. One student thanked me for teaching them about the world. Edurne Beltran de Heredia Carmona took a new job in a storybook vacation town, where she's the first international person some students have ever met. READ MORE Premium I was a recruiter for Uber, Snapchat, and Instacart — here are the 5 biggest mistakes I saw employers make when hiring new talent. Madeleine Nguyen was a recruiter for Uber, Snapchat, and Instacart. Read the biggest hiring mistakes she saw and how employers can avoid them. READ MORE Premium I moved to Tampa, Florida, to keep my career as a musician alive during the pandemic. It's more cosmopolitan than I expected, but I still don't own a car. Singer and pianist Alissa Musto is a former Miss Massachusetts who decamped to Florida for more gigs, a cheaper cost of living, and great weather. READ MORE Email sent to: aymentanaze.news@blogger.com  |  Manage your email preferences  |  Unsubscribe Terms of Service  |  Privacy Policy © 2022 Insider Inc. 1 Liberty Plaza, New York, NY 10006

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