ok so I have a question about this im looking at getting into some small time trading as the numbers go up and down ive been watching how the number go up and down each day tracking it for a bit now and feel confident i can make money day trading but the problem is how exactly the taxing works say i start with 2000 i wait for a low point trade into bit coin way till it peaks that day normally a 20 dollar difference roughly so at 2000 that would be trading it back into usd 2100 say then it gets low again i trade back into bit coin then it gets high i trade again i get 2200 now are they only gonna see the 2100 and the 2200 and tax me for 4300 dollars worth of income when truthfully i only gained 200 dollars i dont mind being taxed for what i actually gain but if there taxing me for the full amount that gets converted into usd each time i could never make any money cause say i made 100 profit a day thats 36500 a year using the model i was showing earlier trading back and forth once a day if they taxed me for what i trade back into usd each time it would be something like 770,000 i would get taxed for