How does selling on Chrono work?
Could you please explain the process of selling assets on Chrono in a step-by-step manner? Specifically, how does one list an item for sale, set a price, and then facilitate the transaction with a potential buyer? Additionally, are there any fees associated with selling on Chrono, and how are these fees calculated? I'm also curious about the security measures in place to protect both buyers and sellers during the selling process. Thank you for your time and assistance in clarifying this process.
How to take profits from stocks without selling?
Excuse me, could you elaborate on the concept of taking profits from stocks without actually selling them? I'm intrigued by the idea but not entirely sure how it works. Could you provide a step-by-step explanation or perhaps share some examples to illustrate the process? Additionally, are there any risks or limitations associated with this strategy that investors should be aware of? Thank you in advance for your insights.
Does selling on Marketplace count as income?
Could you please clarify if the proceeds from selling on a Marketplace should be considered as taxable income? I understand that cryptocurrency transactions can be complex, and I'm trying to ensure that I'm compliant with all relevant tax regulations. Is there a specific threshold or criteria that determines whether a sale on a Marketplace should be reported as income? Additionally, how does the nature of the transaction - such as whether it's a one-time sale or a recurring activity - affect its classification as income?
Is exchange the same as selling?
Excuse me, but I'm a bit confused about the terminology used in cryptocurrency and finance. Could you clarify for me if 'exchange' is indeed the same as 'selling'? I've heard the term 'exchange' being used in various contexts, and it's not entirely clear to me if it simply refers to the act of selling one asset for another, or if there's more to it. I'd really appreciate your expertise on this matter, as I'm trying to get a better grasp of the intricacies of the cryptocurrency and finance world.
What is the 70 30 rule in selling?
I don't understand this question. Could you please assist me in answering it?