Purchasing Bitcoin or other forms of cryptocurrency is one of the best ways to invest your money. But cryptocurrency wasn’t always such a popular investment strategy. How did cryptocurrency begin? How did it get to where it’s at now? To many people, it seems like cryptocurrency came out of nowhere and took over the world. … Read more →
The bitcoin industry has turned itself into the star performer in 2020. Its value has multiplied four times and since the beginning of the year. There was a small drip in March 2020 the cryptocurrency then took a step forward, breaking its record of $20,000 per bitcoin in 2017 to $34,000 in Jan 2021. The … Read more →
Here we share our tips for safe handling of bitcoins. 1) Choose a credible trader Read about the trader before you deposit your money – you do not want your money with a trader like GBL exchange and Bitcoin signals. See our list of traders that we consider to be safe. 2) Enable 2-step authentication … Read more →
All of this information was provided by Bitvavo, a trading platform. If you are anything like the majority of people on this globe currently- you’re starting to get very comfortable with online shopping. Some retail industries have reported gains of over 800% when it comes to the demand for online items. Specifically, those related … Read more →
The International Revenue Service set the US Tax Season 2020 in motion starting on Jan. 27, for individual tax returns. This new year also brings many culminating developments in cryptocurrency taxation with strengthened investigative efforts. According to a Notice published by the IRS, the general principles of taxation will apply the same for virtual currency … Read more →
bWhen Bitcoin was first introduced to the world in 2009, nobody thought much of it. It is a virtual currency invented by someone called Satoshi Nakamoto; he/she was not a famous person and remains a mystery to date. However, crypto currency became a thing and people started to consider it as a feasible option for … Read more →
If you sold bitcoins or used crypto to buy anything, you owe the IRS taxes. The U.S. government caught up with the times and decided bitcoin is property. That means any purchase you make with bitcoin has to be reported on your taxes. In fact, in almost every country now you are liable to pay taxes on profits acquired from cryptocurrency … Read more →
Online remittance costs Banks vs. online platforms Without a doubt, it’s much cheaper to use independent online platforms to send money internationally rather than your regular mainstream bank. Banks have already lost the battle for affordable international transfers. Such transfer costs on average $25 and can take 5 days to be delivered. Meanwhile, online platforms … Read more →
If you set realistic goals for yourself when trading crypto, you can learn the process easier. Here is how to day trade cryptocurrency using goals. Have you ever wondered how to day trade cryptocurrency? Cryptocurrency has recently exploded in popularity, encouraging many people to start day trading it. Because the value of it is so … Read more →
During 2017, cryptocurrencies, especially Bitcoin, reached the pinnacle of their popularity. All of a sudden, people who you would consider to be the least tech-savvy, started using terms like tokens, ICOs and blockchain on a daily basis. Moreover, Bitcoin became a household name and everyone wanted to get a piece of the action. However, a … Read more →
Generally speaking, the future of Cryptocurrencies in India, as a whole, looks bleak. Soon, given the fact that the respected RBI served a ban on all cryptocurrencies, one may have to start identifying Bitcoin alternatives. There’s no rocket science theory in this. Owing to the fact that any virtual currency raises concerns about market integrity, … Read more →
A lot of people believe that bitcoin transactions are anonymous per se. However, that’s not entirely true. Even though they do provide users with more anonymity than most fiat transactions, they are still not completely anonymous. But they can be! There are several simple measures you can take to ensure that your privacy is guaranteed, … Read more →
Cryptocurrencies are digital currencies that are used by private individuals or groups of people. Most cryptocurrencies aren’t regulated by the national governments therefore they are recognised as another form of currency. Bitcoin is one of the most popular cryptocurrencies and it is the first to be used globally. Bitcoin has existed since 2009 although it … Read more →
There are numerous ways to pile up your wealth. The availability of different investment strategies can propel you into achieving financial independence with you bond, stocks, mutual funds and real estate investments. They let you generate passive income with interest and dividends. In a broader perspective, when it comes to investing your money, there are … Read more →
Have you ever wondered why so many people are jumping on the cryptocurrency bandwagon, and have you ever asked yourself if it’s possible to actually make money from it? Bitcoin’s value can be converted into cash, so it’s a viable asset. Aside from that, however, there are numerous other ways to profit. If you’re still … Read more →
A blockchain is an incredibly powerful shared global infrastructure, able to move value around and represent the ownership of property. It is named ‘blockchain’ because it comprises several transaction groups called ‘block’, with the ‘blockchain’ being the result of the linear sequence that these blocks form. All blocks are cryptographically linked to one another in … Read more →