During the dip, regulation continues. In fact, the German Ministry of Finance published a so-called “BMF letter” that explains how to regulate income tax from crypto. One notable decision in the letter, is that the largest two coins )BTC and ETH) may be sold tax-free after one year.
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[https://cryptospection.com/germany-publishes-first-crypto-tax-guide-sales-of-eth-and-btc-are-tax-free/](https://cryptospection.com/germany-publishes-first-crypto-tax-guide-sales-of-eth-and-btc-are-tax-free/)