HallyuHeroLegendaryStar
Wed Dec 04 2024
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5 answers
706
What is OMG based on?
I want to know the foundation or the basis of OMG. What are the principles, concepts, or technologies that OMG is built upon?
CryptoBaron
Wed Aug 28 2024
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5 answers
994
What does basis mean in crypto investing?
Could you please explain what the term 'basis' refers to in the context of cryptocurrency investing? I've heard it mentioned a few times but I'm not entirely clear on its significance and how it impacts investment decisions. Understanding this concept would definitely help me navigate the crypto market more confidently. Could you elaborate on its definition, how it's calculated, and any potential implications for investors?
SumoPowerful
Wed Jul 17 2024
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6 answers
1108
What is a 'basis' for cryptocurrency?
Could you elaborate on the concept of 'basis' in the context of cryptocurrency? I'm curious to understand how it differs from traditional financial assets and what factors determine the basis for a particular crypto token. Is it primarily based on supply and demand, technological advancements, or some other metric? Understanding the underpinnings of this term is crucial for investors navigating the volatile world of digital currencies.
KDramaLegendaryStarlight
Wed Jul 10 2024
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6 answers
613
Does my Robinhood Crypto gain/loss statement show my basis?
I'm curious to know if my Robinhood Crypto gain/loss statement provides a clear indication of my basis for my cryptocurrency holdings. As a cryptocurrency investor, it's crucial for me to understand my cost basis in order to accurately calculate taxes and potential gains or losses. Is the basis reflected directly on the statement, or do I need to look for it in another area of the platform? Clarifying this information would help me with my financial planning and ensure I'm making informed decisions regarding my investments.
