The market is down and almost every areas that were formerly profit, are not as they used to be.
The best you can do at the moment, to earn yourself some coins is to day trade. Although,it requires some level of skills and if you must succeed at it, you must be ready to learn.
Then taking about taxes, this is a decentralized system, we are not being charged taxes directly. I do not know how some exchanges that area located in designated areas do it. Some may be charging their customers indirectly, such as through transaction fees. You on your own need not to worry yourself on that.
I do not know, there might be contrary opinion...
Topic: Day trading and taxes? (Read 120 times)
With the market going up and down constantly, I wanted to see if I can do a little bit of day trading. Is it worth it right now? Any suggestions or is there a decent outlet to learn a bit?
Also I live in NYC so curious about tax stuff? Any direction would be appreciated.
Thanks!
Also I live in NYC so curious about tax stuff? Any direction would be appreciated.
Thanks!
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