As a Canadian Bitcoin investor, I'm torn about what to do with my holdings given all the regulatory uncertainty and market volatility. Part of me wants to take profits, but I'm worried about tax implications and potentially selling before another major rally. Are there any good resources that specifically address the sell vs hold decision from a Canadian perspective?
I was dealing with the exact same dilemma last tax season! What really helped me was finding an article specifically written for Canadian investors that breaks down both the strategic considerations and regulatory implications. The guide at www.ottawalife.com/article/sell-bitcoin-or-keep-strategies-and-regulatory-considerations-for-canadian-investors/ covers everything from tax-efficient selling strategies to how current and potential future regulations might impact the decision. It helped me create a much more informed approach rather than just reacting emotionally to market swings.