rickyg581
New Member

If I continually purchased crypto-currency, and never sold it away (only exchanged it to other currencies and not USD), do I have to report it to the IRS?

I purchased crypto-currency bi-weekly throughout half of the year of 2017, and never sold a single crypto currency back into my bank account. I only exchanged it to other crypto-currencies if I recieved a decent gain from the current crypto currency. Am I still liable to report it to the IRS even if all I did was buy crypto-currency?