Crypto Tax, Naira Chaos, Local Traders and Bank, Bad Debt & Shorting NEO>>>> Leofinance Curation Post

@HODLCommunity presents to you the 257th LeoFinance Curation Post

We feel very excited as we think we will address one of the most important issues on the leofinance.io platform: Curation.

We truly hope, big stakeholders will support this initiative in order to spread rewards to some amazing writers.

Our goal is to support content creators and generate qualitative interactions between LeoFinance users.

We will set a 5% beneficiary for every author selected in this curation report.

So Lions 🐯, let's roll !

Crypto Tax Calculations Simplified - Is that Possible? by @gungunkrishu

Calculating Crypto taxes can be daunting? We all understand how complex it can get - while calculating our crypto taxes where we don't have clear guidelines and still governments are working towards preparing a crypto framework. I was browsing through my twitter feed and found this enticing title - Don't Let Tax Mistakes Cost You More Than They Should and upon reading the article found out that we have an App that helps you calculate your Crypto taxes. Yes, the Application name is KoinX and in three simple steps it helps you to calculate your Crypto tax liability. The application calculates your crypto capital gains, maintains your portfolio, tracks transaction history and what not to ultimately calculate its users crypto tax liabilities.

No Naira, Nigeria Is In Chaos by @wolfofnostreet

Anxiety, tension is getting worse by the day for residents in select cities in Nigeria because of the Naira notes scarcity issue. It is crazy because it was all jokes and 'surviving the difficult times' like we're used to as a country, until the protests began and banks started getting burnt.
I'm really confused as to how it went from 100 to a 1000 in no time. The perpetrators of these acts clearly have another agenda. What would burning the banks and killing people really do? How are you going to get the new notes when it eventually comes?

Local trader's are loosing confident in the banks by @johnbenn

With the sudden situation cause by the scarcity of new notes in Nigeria, People's especially the trader's are loosing confident in the banks because even while they have money in the bank as at now, it is still hard for them to have access to these their fund's, the people that this situation of scarcity of funds in circulation have affected so much even if having money in the bank are the local trader's.

Easy Steps to Cut Down Bad Debts by @gbenga

One very bad financial drawback is bad debt, when we acquire bad debt, it prevents us from doing other things with money as the interest rate continues to rise steadily. I am writing this for those who are struggling to get out of debt, I will outline ways to cut down on debt and how to come up with strategies that will help with the improvement of financial habits. Before you start your journey towards debt payment, first make a list of the debt owed, the nature of the debt, and the interest rate. After that list is complete, concentrate on following these steps to make it more convenient to pay;

What's behind the resent Neo pump or Is it right time to short Neo? by @zaibkang

Neo is known as a Chinese ethereum, NEO was a one of the my favorite blockchain few years ago, at that time neo is a one of the top cryptocurrency and its coin price was also above $100 but then it's keep declining or its price goes down to below #10, so I also find other alternatives and get out of neo
In past two days neo coin is starts pumping and its price is Around 40% up in last 24 hours but when I tried to find the reason or any news behind this I can't find anything like any partnership or any project updates from Neo officials social media accounts, there is a general perception in the market investors think all cryptocurrency coins which are known or labeled as Chinese projacts are pumped by Chinese investors

This post is created by @readthisplease to curate quality content on LeoFinance.

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