Arbitrage, crypto tax, risk and Ethereum... 167th 🐯 Curation

in LeoFinance3 years ago (edited)

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@HODLCommunity presents to you the 167th LeoFinance Curation Post

We feel very excited as we think we will address one of the most important issues on the leofinance.io platform: Curation.

We truly hope, big stakeholders will support this initiative in order to spread rewards to some amazing writers.

Our goal is to support content creators and generate qualitative interactions between LeoFinance users.

We will set a 5% beneficiary for every author selected in this curation report.

So Lions 🐯, let's roll !

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ARBITRAGE TRADING by @hive-homeland

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Consider thе рriсе of Bitсоin, whiсh is $4, 000 on thе EXCHANGE X but $4,100 on the EXCHANGE Y аt thе ѕаmе moment. A trader mау орt tо take аdvаntаgе оf the рriсе disparity by асԛuiring thе asset оn EXCHANGE X аnd inѕtаntlу ѕеlling it оn thе EXCHANGE Y at a grеаtеr рriсе.

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Understanding Risk and Calculated Risk by @howzat

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Let's suppose A wants to drive a car but he doesn't know how to drive it or never tried it before. That means he has no experience at all which could put his and other people's life in danger. This is called Risk.

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My short term Hive goal! 1000 $ per month by @pele23

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Sometimes in life, you have to set goals. And I have been thinking about this one for a while now, but I got it figured out. Hive is a long term plan, but I have set a short term goal that sounds delicious to me.

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Ethereum Breakout on PoS News? by @bitcoinflood

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The classic buy the news sell the release might be currently in play here for Ethereum. All the news and headlines are pointing towards Ethereum going PoS this summer and with that a new furry of hype is starting to from. It does feel like it's a hesitant hype however because the history of Ethereum saying they are going to move to a better system or PoS system reaches all the way back to 2017 Five years ago.

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If You Are Building A Future In Crypto, Leave India! by @finguru

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This is what GOI implies with its newest crypto tax policy that is going to be applicable from 1st April 2022. Indian crypto community is super duper fucked. We have banned Bitcoin and Cryptocurrencies in the past several times, I have almost lost the count. During the budget session of 2022, India officially made crypto trading & investment in digital assets legal by proposing a new taxation policy. Crypto is still not a legal tender though. The government has put no thought whatsoever before drafting the policy. It has the potential to kill so many crypto startups and push away investors. Unofficially, we have around 20 million crypto users in the country. We saw around $100 Billion in trading volumes last year. With a bit of regulatory support, we can shine over the world. But what can you expect from a bunch of illiterate, 60-70-year-olds leading the country.

This post is created by @belemo to curate quality content on LeoFinance.

Hive on !

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Thank you so much @belemo and @hodlcommunity. 😘😘

You guys are the best! 🚀🚀

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