one of the major technical issues that Bitcoin and others are trying to solve. Now imagine we had decided to buy Ethereum somewhere around that dotted line and just before 8pm. So if you have 1000 and want to be able to take 5 positions, each position size will be 200. Then youll set a stop limit at 1 on each, giving you a risk.50.50.00 which is 1 of 1000. Thats no longer the case. It doesnt matter that Bitcoin isnt part of this trade: all cryptocurrencies are treated as properties, so you need to calculate the dollar value at the time of the transactions.
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ICOs, as you may have guessed, are much like forex singapore IPOs. Since you are only taxes on profit, lets calculate that first. If you buy 10 Bitcoin on March 1, 2018 for 70,000 and sell it in under a year, you pay income tax. Thats really all there is to say here. Good for: trading with larger sums (e.g.
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