What are the tax implications of 'daytrading' cryptocurrencies? I've been a longtime securities 'daytrader', where my p&l has been considered 'ordinary income' on my schedule c (iirc) - can I treat daytrading cryptocurrencies in the same way as daytrading stocks etc., or does it open me up to capital gains or other tax issues trading cryptocurrencies?
Good place to start educating... https://greentradertax.com/trader-tax-center/tax-treatment/cryptocurrency/