As a Canadian who's been holding Bitcoin for a couple of years, I'm really torn about what to do with my investment given all the recent regulatory talk and market uncertainty. Part of me wants to take profits, but I'm worried about tax implications and potentially missing out if prices keep rising. Are there any good resources that specifically address the sell vs hold question from a Canadian perspective, including the tax and regulatory considerations?
That's a really timely question, especially with all the recent regulatory discussions happening here in Canada. I was facing the exact same dilemma last month and found an incredibly helpful article that's specifically written for Canadian investors. It breaks down the different strategic approaches to selling versus holding, walks through the tax implications clearly, and discusses how current and potential future regulations might impact the decision. It gave me a much clearer framework for making my choice. I'd definitely recommend checking out this guide on sell Bitcoin or keep strategies and regulatory considerations for Canadian investors www.ottawalife.com/article/sell-bitcoin-or-keep-strategies-and-regulatory-considerations-for-canadian-investors/ .