Have you ever invested €75,000 in crypto to an exchange or a company and all of a sudden POOF...GONE! 🤯

In Germany, if you've sold, swapped, or spent crypto within a year and ended up with a loss instead of a profit, you don't owe taxes on it.

But don't forget to track these losses—you can use them to reduce your overall tax bill by offsetting them against your profits.

#Kryptos #web3security #CryptoHack #cryptocurrency #ETH