Dossier
Koinly
Coverage of Koinly in the Nexus archive.
- Australia’s proposed CGT changes could discourage long-term crypto holding
Australia's proposed changes to Capital Gains Tax could discourage long-term crypto holding and may hurt low-income investors, potentially leading to more short-term trading. The changes were commented on by Robin Singh, CEO of Koinly. This may impact the crypto market.
- Does it make sense to sell everything and buy back immediately to simplify cost basis since they are no wash sales with cryptocurrencies.
The user is considering selling all cryptocurrency holdings to reset cost basis tracking, aiming to simplify and adopt a hodl strategy. They previously used Koinly for tracking and want to offset past losses with future gains.