Canada Adopts International Crypto Tax Reporting Standard
Canada is aimed at having the OECD standard for crypto asset tax reporting in place by 2027, as agreed with 46 countries.
One of the hardest things to do as a trader is not hitting the buy button, it’s hitting the sell button. Trading is about managing and discipline in yourself; more so than managing the charts.
Now that we’re in a profitable zone, it’s even more difficult to sell when things look like they’re going to keep going up. But as a trader, you’re in this for the gains and to make profitable trades. You can HODL, but opening up profits with the goal of accruing more Bitcoin or cryptocurrency – or even fiat – is the most important for a trader or market speculator.
In this video, I go through the how and when to take profits and how to manage the risks in Bitcoin and crypto in the current cycle.
Feb 18th – Bitcoin Daily Market Update + Risk Mgmt + Profit take by WolfpackCrypto on TradingView.com