What’s All the Hype About? Recently, a new Ethereum Spot ETF (Exchange-Traded Fund) has been approved in the United States, sparking excitement in the global investment community. But what does this exactly mean, especially if you’re new to investing in cryptocurrencies? Breaking Down the Basics Why is This Important for Malaysian Investors? What Should Malaysian … Read more
With the rise of cryptocurrencies, many people are looking for safe and convenient ways to withdraw their assets as cash. P2P: Fast Cash, High Risk P2P transactions allow you to connect directly with buyers or sellers to exchange your cryptocurrency for cash. While this method offers potentially faster transactions, it comes with significant risks: Fraud … Read more
The world of cryptocurrency might seem like a wild frontier, but even the most untamed landscapes have paths to navigate. This is where popular investment strategies come in, offering valuable tools for investors seeking to navigate the exciting, and sometimes volatile, world of crypto. 1. Dollar-Cost Averaging (DCA): Consistency is Key Forget market timing and … Read more
So, you’ve got your eyes on the cryptocurrency rollercoaster, right? The promise of crazy returns is tempting, but let’s not get caught up in the “get rich quick” hype. It’s all about playing the long game and being smart about it, especially if you’re in Malaysia. Understanding the Risks Cryptos are like that wild party … Read more
Remember last week when we discussed about things to look forward to in 2024 and we mentioned about the Bitcoin Spot ETF Approval? You can read about it here. On January 10th, 2024, a historic milestone was achieved in the world of cryptocurrency as the US Securities and Exchange Commission (SEC) granted approval for the … Read more
If you’re curious about diving into the world of cryptocurrencies but aren’t sure where to start, understanding the concept of on-ramps and off-ramps can be your gateway. Imagine them as the entry and exit points to the crypto universe, similar to on and off-ramps on a highway. These ramps, especially on licensed exchanges, provide a … Read more
In the realm of blockchain and cryptocurrencies, you’ve likely encountered the term “P2P Network.” P2P is short for “peer-to-peer,” and it’s a concept that’s at the heart of how these technologies work. P2P networks form a computer network style where devices link directly to exchange information and resources, bypassing the requirement for a central server. … Read more
Bitcoin is the dominant cryptocurrency in the world, with a market capitalization that is significantly larger than that of any other digital currency. This dominance has been a key factor in the success of Bitcoin and has made it the de facto leader of the cryptocurrency market. How Bitcoin gains its dominance in the crypto … Read more
Cryptocurrencies have garnered significant attention in the past few years. Bitcoin was created in 2009 as the first cryptocurrency. Since then, over 20,000 other cryptocurrencies have emerged in the market. One of the most common arguments put forward by cryptocurrency advocates is that they provide a hedge against fiat currencies such as the US dollar. … Read more
Cryptocurrency has gained popularity in Malaysia as an alternative investment, but many investors are still unsure about the tax implications of their crypto transactions. In this article, we will look at some main highlights in the guidelines on the tax treatment of digital currency transactions published by the Inland Revenue Board of Malaysia (LHDN). It … Read more