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Alternate cryptocurrencies / Altcoin Discussion / Re: IEO vs ICO my opinion, tell me yours
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on: December 05, 2019, 01:38:23 PM
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The biggest problem with ICO is that it is not monitored by any third parties. Basically, anyone can launch an ICO, as long as you have a white paper to convince investors to put funds to your company.
On the other hand, IEO is a very, if not entirely, different model. While both ICO and IEO share the similar rationales of Initial Public Offering (IPO). In an IEO, an exchange is an administrator.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Long term hodl ! What a joke
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on: December 04, 2019, 02:04:45 PM
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Arguably the best benefit of this strategy though is the fact that you’ll pay a reduced tax rate. Every time you exchange one cryptocurrency for another it is a taxable event. Any gain that you have made must be reported, and the government will expect you to pay taxes on it. However, there is special treatment for long-term capital gains, and as a long-term holder, you can take advantage of this.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Sources of income?
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on: December 04, 2019, 02:01:29 PM
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You must also try investing on staking or masternodes this kind of investment will have less risk and you should earn passive and significant rewards. You will earn a % of the reward on a routine basis for every block. When you invest in a masternode prior to a coin’s launch, you should anticipate large earnings.
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Year 2020 expectations
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on: December 03, 2019, 02:25:47 PM
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According to Kaspersky's Cryptocurrency Report 2019, 19% of surveyed people (in 22 developed economies) have bought at least one kind of cryptoc urrency or another, and while this is an encouraging percentage for such an immature sector, it's clear that crypto still has a long way to go if it wants to become ubiquitous.
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Alternate cryptocurrencies / Altcoin Discussion / Re: The best staking coin?
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on: December 03, 2019, 02:23:28 PM
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Sir What about you try Bitcoin 2 while running a masternode: 66.11% and staking BTC2: 38.08% profit by using the latest thoroughly tested Proof of Stake algorithm. Greatly reducing electricity use compared to Bitcoin. Already at rank 239 on CMC.
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