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When to Sell Your Cryptocurrency in 2024: Complete Profit Taking Guide!!Yes, you can sell crypto for a loss and buy back any time. The wash sale rule applies when traders do this rapidly in order to secure losses for. Day trading is when you buy and sell the same security multiple times within the same day. The hope is that in making these trades, you can. Since your local currency is stored within your Coinbase account, all buys and sells occur instantly. Cashing out to your bank account via SEPA transfer.