2021 was a huge year for cryptocurrencies. Statistics suggest that over 105 million people use cryptocurrencies globally and the number of investors is increasing year on year. Buying cryptocurrency offers opportunities to make money, but what about paying tax? Are cryptocurrencies taxable? Do you have to pay taxes on crypto? Investing is not always as…
You may have heard the term “redeem the fall” or “redeem the drawdown”. After cryptocurrencies became popular, their prices soared, which created a strong upward trend. Some traders may suffer from “lost profit syndrome”, and may decide to buy even at the highest prices. However, the fall buyback allows traders to use any correction to…
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