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A community dedicated to hex For example, i hold both ehex and phex to hedge between the two chains, currently with a 70%/30% split favouring phex. The first decentralized time deposit (certificate of deposit) on the blockchain.
Could someone explain in simple terms why hex is down and why it’s still a good investment However, which hex to hold is a personal decision based on speculation Topics gaming sports business crypto television celebrity go to hexcrypto r/hexcrypto r/hexcrypto
When you take away the time deposit aspect, you just have another crypto where people gamble, hoping they can buy in, wait six months, and then have enough money to purchase luxury items
The market is saturated with those Hex is easily the most volatile asset i hold which means during a bear, hex drops 95+% and during a bull it pumps harder than many others I don't believe this is entirely correct What you are describing is your choice not to tell the tax man about your disposal
Decentralised exchanges may not directly report transactions to tax authorities, but in many regions, the disposal of crypto assets is considered a taxable event regardless of the type of exchange used I would advise confirming your local tax laws and requirements. Look up on youtube good security tips on what it takes and what it means to have self custody of your crypto and security measures I know this doesn't help your predicament, and as long as you're using your original wallet you sent your funds to, it should connect to the hex.com site when you connect yoir wallet.
Can someone explain why i should buy hex
I thought the point of hex was to always go up Sometimes btc is up, so is hex, sometimes btc is down, hex is down, put it any other way the point is, it’s inaccurate representation of how hex is advertised and has been tanking with the market I also have a feeling this is tanking because regulation is favoring. Since high ethereum gas fees can make staking prohibitive for the smaller player, pulsechain hex may become the more dominant asset
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