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Yoo
Joined Nov 2023

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How do traders pay taxes on forex profits? Community
Traders pay taxes on forex profits based on their country’s tax laws, with common approaches including capital gains tax or ordinary income tax. In many jurisdictions, forex trading is classified as...
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Features of bitcoin lightning network development Community
The Bitcoin Lightning Network is a second-layer protocol designed to enhance Bitcoin’s scalability and transaction speed by enabling off-chain micropayments. One key feature is instant transactions,...
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What is tax indexation? Community
Tax indexation is a method used by governments to adjust tax brackets, exemptions, and deductions for inflation, ensuring taxpayers are not pushed into higher tax brackets solely due to rising prices...
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What are the factors that affect a floating exchange rate? Community
A floating exchange rate is determined by market forces of supply and demand, influenced by several key factors. Interest rates play a major role, as higher rates attract foreign capital, increasing...
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What is hardcap? Community
A hardcap is the maximum amount of money a project aims to raise during its funding round, particularly in the context of cryptocurrency Initial Coin Offerings (ICOs), token sales, or crowdfunding. It...
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What is long in trading? Community
In trading, long refers to buying an asset with the expectation that its price will rise, allowing the trader to sell it later at a profit. Going long implies a bullish outlook on the market or a...
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