As @DMarkM1 mentions above, it depends on how you acquired the crypto. If you purchased it you will answer no. If you received it in exchange for services or as payment for an item, then you will answer yes.
If you received it as some type of payment, this triggers a taxable transaction just like if you received cash from someone for mowing their lawn. This would need to be reported.
However, if you simply bought it like you would buy stocks, this is not a reportable transaction since you have not yet sold it, you have only put money out, you have not received any yet.
@edulinka
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