Bitcoin ETF Investment Strategies

For those unaware, I have about 8-10% of my portfolio in a Bitcoin ETF with money I don't

need that I've been dollar cost averaging into for years.

If the price goes up, great, I hold, and if the price falls, I usually buy a little bit

I'm totally fine and prepared that if this falls 80%, I'm not going to be doing anything

differently.

Except the only thing I have been doing now that the price has fallen is what's called

tax loss harvesting.

In this case, when the price falls, I'm able to sell my Bitcoin ETF, realize the loss,

use that loss to offset other capital gains, and then eventually I could buy back in.

Even better, but if you actually hold the physical Bitcoin, there are no wash sale rules

so that you could sell, lock in the loss, and immediately buy back in to potentially

save yourself a lot of money in taxes.