Because if i bought an asset at x price and sold it as a cheaper price how would i state i made money shorting it? Hope this makes sense.
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hold up, can you clarify? shorting is where you sell the asset first and then buy it back at a lower price to make a profit. but if you bought spot and then sold it at a lower price you made a loss.
you said you shorted the asset but then said you bought it and then sold it.
but basically bc is right, if you made money (well done kek) then you just report the total gain for the year.
i was shorting crypto perpetual contracts