tax return

I MADE A $70,000 LOSS ON BNB.

I HAD AN INCOME OF $40,000 AND PAID $7000 IN TAX.

WHAT ARE MY OPTIONS.

how do use these capital loss to the best of my ability.

i traded regulary, so my trading should be able to be claimed as disposable income.

Can i carry my $70,000 over the next 3- 5 years....

what are my options.

hoping to get around $35,000 over the course of the next 5 years through smart accounting.

my wage is set to increase to around $70,000 per annum as i will be giving up trading.... due to losses. and focusing on investing.