The Wash Rule in Investing That Doesn't Apply to Bitcoin

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There is something called the Wash Rule in investing that doesn't apply to Bitcoin. You can actually sell Bitcoin and buy it right back and capture gains or losses. In essence, you would end up with about the same Bitcoin, but now you could use that loss on your taxes.

In this episode, Anthony and Peter discuss investing in Bitcoin in 2023, navigating the crypto market through drastic changes, and the potential of Bitcoin in the coming future.

You will learn about:

09:53 | Is the ownership of Bitcoin becoming more accessible to individuals?
17:24 | What can you do when Bitcoin value changes so drastically?
29:32 | What is the potential of Bitcoin?

Anthony “Pomp” Pompliano is an entrepreneur and technology investor well-known for his popular podcast, “The Pomp Show.” As well as hosting conversations with significant figures in the finance, technology, and business world, his podcast has been downloaded more than 50 million times.

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