Bitcoin and new CGT laws
It seems a bit messed up that as we are going through a bear market (about 50% down from ATH), these new CGT laws are coming in place.
If Bitcoin trades down/sideway for the next year, and then pops off in the next bullrun after July 2027, then all those gains are going to be at full price, no long term 50% discount.
High volatility assets like Bitcoin and investing/starting a startup company, appears to be the most affected. Because these assets are more affected then stable assets that go up with inflation, like safer stocks and property, it almost feels like the risk isn't worth it now that everything is taxed the same without a bigger discount for the more riskier investments. Thoughts?