RE: Homework. Steemit Crypto Academy Season 2: week2 | Cryptocurrency Contract For Difference(CFD) Trading
Hello @chirich,
Thank you for participating in the 2nd Week Crypto Course in its second season and for your efforts to complete the suggested tasks, you deserve a 6/10 rating, according to the following scale:
Originality | Compliance with topic | Consistency of method | Quality of analysis | Clarity of structure & language |
---|---|---|---|---|
My review :
We can in a way compare CFD to spread betting because we predict the movement of the price of an asset in crpto if it will rise or fall, being able to know when to enter a position and exist to take profit that is.
There is a difference between them, especially in dealing with taxes. Betting is not subject to a capital gains tax, while trading in contracts for the difference requires paying this tax.
Overall acceptable content. Try to delve more into the analysis of your idea so that your answers to the questions become clearer and simpler for the reader.
Thanks again for your effort, and we look forward to reading your next work.
Sincerely,@kouba01
Thanks alot for your comment of aproval it means a lot