Cryptocurrency Q&A

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Michele Michele Sat Mar 30 2024 | 7 answers 1777

How do I avoid crypto tax in Australia?

As a crypto investor, I'm always looking for ways to optimize my taxes. I understand that crypto taxes in Australia can be complex and sometimes confusing. Could you please provide some insight on how to avoid paying unnecessary crypto taxes in Australia? Are there any legal strategies or tax planning techniques that you recommend? I'm particularly interested in understanding how to minimize my taxable income while still staying compliant with the law. Thank you for your help!

How do I avoid crypto tax in Australia?
Ilaria Ilaria Sat Mar 30 2024 | 5 answers 1067

Can you day trade with $5,000 dollars?

Hey, I've been hearing a lot about day trading cryptocurrencies lately and I'm interested in trying it out. I've got about $5,000 saved up, do you think that's enough to start day trading with? I've heard some people make a lot of money doing it, but I'm also worried about losing everything. What's your opinion on this? Should I go for it or should I hold off and save more money?

Can you day trade with $5,000 dollars?
GliderPulse GliderPulse Sat Mar 30 2024 | 5 answers 1074

How much can a retired person earn without paying taxes in Canada?

Good afternoon, I am a retired individual residing in Canada, and I am interested in understanding the tax regulations pertaining to retirement income. Could you please inform me of the specific amount of income that a retired individual can earn without being required to pay taxes in Canada? Additionally, are there any specific conditions or exemptions that may apply in this regard? Thank you for your time and assistance.

How much can a retired person earn without paying taxes in Canada?
Dreamchaser Dreamchaser Sat Mar 30 2024 | 6 answers 1515

What happened with FTX for dummies?

Hey, I'm sort of new to the world of cryptocurrency and finance, and I've been hearing a lot about FTX lately. Can you break it down for me? What exactly happened with FTX? I understand it was a big deal in the crypto world, but I'm not really sure why. Was it a hack? A scam? Or something else? And what does it mean for the future of cryptocurrency and finance? I'm just trying to wrap my head around it all. Can you help me out?

What happened with FTX for dummies?
CryptoVanguard CryptoVanguard Sat Mar 30 2024 | 7 answers 1594

Why was Kraken sued?

Could you please elaborate on the reasons behind Kraken's legal action? Was it due to a breach of contract, an issue with its trading practices, or something else entirely? How did this lawsuit come to light, and what specific claims are being made against the company? Has Kraken responded to these claims, and if so, what is their stance? Could this lawsuit potentially have a significant impact on Kraken's operations and reputation in the cryptocurrency market? And finally, do you think this lawsuit could set a precedent for other crypto exchanges in the future?

Why was Kraken sued?

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