I keep seeing analysis on altcoin USD price actions but no mention of how Bitcoin prices pull that dollar value all over the place. It's misleading to think it's just the alt's action alone! IMHO look at satoshi value for trading. I wrote an article about it, perhaps you will find it informative :)
How is using BTC as a means to trade crypto subject to taxation in USD? I want an official statement from the government that justifies this before I consider paying taxes on exchanges that have nothing to do with USD in any way. /r/Bitcoin
[uncensored-r/Bitcoin] How is using BTC as a means to trade crypto subject to taxation in USD? I want an official statem...
The following post by bluethunder1985 is being replicated because some comments within the post(but not the post itself) have been silently removed. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7m1e2e The original post's content was as follows:
Ways to deal bitcoin. There are two ways to deal bitcoin: buy the cryptocurrency itself in the hope of selling it on at a profit, or speculate on its value without ever owning the token. The latter is how CFDs work.. A CFD enables you to trade a contract based on prices in the underlying market. Bitcoin transactions to the tune of over $2 billion traded every day, means millions of people use Coinbase GDAX to convert BTC to USD around the world. There are thousands of cryptocurrency traders in the global cryptosystem, and every one of them claims to be the best. BTC – Bitcoin Daily Chart – A Portion of 2019 Price Action Bitcoin Profit and Loss Calculation. Calculating profits and losses on bitcoin trading is quite simple, especially if the trading account’s base currency is U.S. dollar. If a trader buys one bitcoin and the price moves $100 higher, the trader will have made $100. What is Bitcoin. Bitcoin is the world’s first digital currency and it is expanding in popularity worldwide. With the MetaTrader 4 and MetaTrader 5 platforms you can trade this rapidly growing currency against the US Dollar 24/7. Many traders prefer to trade Bitcoin derivatives due to this asset’s highly volatile nature, which makes it ideal for CFD trading. Bitfinex - Bitfinex is the world’s #1 Bitcoin exchange in terms of USD trading volume, with about 25,000 BTC traded per day. Customers can trade with no verification if cryptocurrency is used as the deposit method.
How To Trade Bitcoin Cryptocurrency for Beginners - YouTube
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