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<p>[QUOTE=&quot;GDJMSP, post: 2236055, member: 112&quot;]For the sake of clarity - say you bought 2 coins and then later sold them. On coin 1 you lost $500, but on coin 2 you made $500. You can use the loss on coin 1 to offset the gain on coin 2 because both are from your hobby.</p><p><br /></p><p>But no, you cannot use that loss on coin 1 to offset other ordinary income from your wages for example.[/QUOTE]</p><p><br /></p>

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