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❤️ THIS POST AND I WILL SHARE NEXT 10X GEM COIN #CREDI DAILY TIMEFRAME UPDATE (ON DEMAND) #Credefi : Bridging Traditional Finance and Blockchain Technology with Revolutionary Financial Services ANY THOUGHTS ON $CREDI ?

❤️ THIS POST AND I WILL SHARE NEXT 10X GEM COIN

#CREDI DAILY TIMEFRAME UPDATE (ON DEMAND)

#Credefi : Bridging Traditional Finance and Blockchain Technology with Revolutionary Financial Services

ANY THOUGHTS ON $CREDI ?

Отказ от ответственности: на платформе опубликованы материалы и мнения третьих лиц. Не является финансовой рекомендацией. См. Правила и условия.
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⚠️One of Our Follower from India Asked if there is 1% TDS on Fiat to Crypto, Crypto to Crypto and Crypto to Fiat Transaction and if he has 100$ portfolio, what will be his balance after 100 trades assuming he is making 0 profit or loss on every trade: Let's break down the scenario step by step: Initial balance: $100 USD 1% TDS to buy crypto from fiat: $1 (1% of $100) Balance after buying crypto: $99 ($100 - $1) 1% TDS on every crypto to crypto trade or swap: $0.99 (1% of $99) Balance after crypto to crypto trade: $98.01 ($99 - $0.99) We repeat this step 100 times R=B×(1−0.01)3n Where: B = $100 (initial balance) n=100n=100 (number of trades) R is the balance after 100 trades R=100×(1−0.01)3×100 R=100×(0.99)300 Calculating this value: R≈100×0.049836 R≈4.9836 So, after 100 trades, the balance would be approximately $4.98 USD 1% TDS to cash out from crypto to fiat After cashing out with a 1% TDS, the final fiat balance would be approximately $4.93 USD We also ignored 0.1% Maker and Taker Fee of Exchange for Every Trade, So Final Balance can be even less than above calculated amount And If a trader made some profit: For Example: The trader made a profit of $50 on an initial balance of $100 The trader then lost everything in the next trade First, let's calculate the tax on the profit of $50, considering a 30% tax rate of Our Follower's Region: Tax=Profit×0.30 Tax=50×0.30 Tax=15 The trader would owe $15 in taxes on the profit Now, If the trader lost everything in the next trade, the total loss would include the taxes paid plus the entire initial balance: Total Loss=Tax+Initial Balance Total Loss=15+100 Total Loss=115 Therefore, the trader's total loss would be -$115 😵‍💫 #CryptoTaxation #ENA #HashAI #TNSR #Kucoin #MEW #HOOK #BLUR #VOXEL #AEVO #TON #W #SOL #DEGEN #LUNC #WIF #FET #MATIC #DOGE
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