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Taxes on digital assets: Governments Vs The People While other countries such as Dubai and El-Savador are thinking of ways to attract innovations in the digital currency space, the Indian government's tax proposal will adversely impact trade in crypto currencies, putting it mildly it will stifle any prospective investment or development in the Indian crypto space. The effect this law will have is already being felt as there are reports indicating that crypto exchanges are…
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ICYMI: PancakeSwap now supports limit orders One challenge which most users face while using decentralised exchanges is the ability to trade or swap tokens at higher prices without having to constantly open up their Dapp browsers to monitor prices to determine if their desired target has been reached. This can indeed be frustrating because of how prices can fluctuate in the crypto verse. In order to overcome this challenge users such as myself are often faced with the task…
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Leveraging on A.I. in cryptotrading Having to constantly monitor charts and knowledge of technical analysis is one of the essential tools needed to engage in "active" cryptotrading. The absence of these two could result in one's portfolio getting rekt when there's a shake up in the market. The hard truth is that actively trading in cryptocurrency just like many other endeavours in life isn't meant for everyone. It takes a great deal of grit to remain calm while everyone else…
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ICYMI 2: Perpetual Trading now on PancakeSwap The Pancakeswap team appears determined to take the lead on Binance Smart Chain (BSC) as it continues to roll out more functionality on its decentralised exchange. Barely a week after it rolled out the limit order function on its Dex, a teaser photo appeared about an upcoming feature due for release which kept people guessing as to what it might be. They did not keep their audience guessing and waiting for too long, as soon…
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Why people still fall victim to scams or hacks Scammers and hackers have been with us for a long while. Although their mode of operations has evolved with time, their aim since time immemorial has either been to cause chaos or swindle people of their resources or wealth. Every now and then their schemes or new methods of perpetrating crime are exposed to prevent people from falling prey or victim. Such warning is usually effective for some time that is before the hackers or…
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A must see: $Cake Q1 2022 road map It is relatively easy for anyone to draw up a road map for a project. It is another ball game to diligently stick to that road map and execute every aspect of it within the designated time frame. Many projects fail in the execution part of their road maps while not keeping their investors or community abreast of what might have caused such failures and the steps being taken to address such. The failure in execution may have arisen during…
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Have you fallen for a honey pot? A honey pot has several meanings depending on the context in which it is used. From the word formation , it comprises two words, Honey + pot . Thus the first meaning available in most dictionaries is "a container for honey". A second meaning which is somewhat related to the origins of honey. It is common knowledge that honey is obtained from honey combs located in the bee hive which is usually a hub of activities due to bees coming and going…
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The crypto market just got disrupted As the year 2021 came to a close, most people had mentally bid farewell to having a string of green candles as it was thought to be the end of what was a bull year. This was usually heralded by a period characterised mostly by the bear market in the following year(s). This had been the market cycle in previous years and any major deviation from this regime wasn't expected. On the basis of this presumption, what most had expected to…