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There are no regulations for that. Even picking them based on research is not safe anymore due to the bear market that wipes out any weak coin.
Be careful and invest time in projects that look very good on paper.
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I hope not. XRP is not even a blockchain. It is centralized shit.
BTC is the best revolutionary thing in 3rd millennia so far.
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Safe ways to increase your stash is to participate in some airdrops.
Just leave that Eth in your wallet and earn money without investing money just time.
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Bitcoin and other cryptocurrencies are still not developed to a level where most of us could use on a daily bases.
It is still a young technology with a lot of potentials, but greed for money holds it back a little bit.
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Bitcoin already did his job...the revolution already started.
In terms of technology, it could be changed for better, but the consensus of people with interest always gives a hard time.
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I'm all for alts. When we speak about 10x and 100x gains this is the right way, but only with a good research.
Safer options like Bitcoin and Ethereum etc. are also a good investment.
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I don't have a problem to take the risk and invest in crypto, but I'm realistic about my investment. Some people throw all of their money in one bad coin and watch it fall. In every investment, you can lose and you can earn, crypto or no crypto. The only thing that counts are smart moves, maybe some luck too sometimes.
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I'm investing in altcoins, because of potentially higher gains. In airdrops, you can get them for free.
It may be risky to invest in altcoins, but if you diversify your investment enough you should be safe.
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If you hold until you profit you will lose only your time. But you will learn something too hopefully.
We all made some mistakes, but the learning process is very important.
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Privacy coins will be valuable in future. Hiden transactions will be desirable for various reasons.
Monero already has a reputation and today's price is attractive for investors.
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Taxes for Bitcoin is a good thing because they started to regulate it and with paying those taxes you can spend your money freely.
I mean big amounts. Smaller amounts you can always push through under the table.
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The price drop is also a good thing. more people can buy cheaper coins and get into the market.
Even with the sell-off rest of the coins will not impact the market in the long run.
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Maybe it is a good investment that you showed us, but I still prefer to have some Ethereum in my wallet just in case.
Or maybe a Bitcoin in some percentage.
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From that amount, I would cash in some smaller part of it and the rest I will reinvest. Where or which coin? I would invest in at least 20 coins with a lower value and for a reserve, I would buy Ethereum as a safe investment.
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I don't have problems with Cryptopia.
Yes most of the new coins are there.
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As far as I know, the SEC hasn't banned the participation of US citizens in the ICOs outright. They have just expressed "concern" over the rising number of ICOs and the shady people behind them. So unless the ICO explicitly bans US passport holders in its terms and conditions, you can participate in them. The federal income tax will be 39.6%, if your annual income is more than $418,401.
Is the federal income tax the only tax that you are paying in us when you earn above $418,401? |
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Those scammy corrupted senators did it again  Nice job. I would like to hear more news like this. Wider adoption of crypto is coming. |
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In simple words, when you buy something you pay a tax for it. If you earn some money you pay a tax on that amount. If you earn above some amount you will pay tax for your income. So until we get those taxes on crypto everything will be in a muddy waters.
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It is a nice way around. Venezuela, Russia and some other countries trying their luck with cryptocurrencies.
It is possible to do it.
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