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Portugal to Tax Cryptocurrency Income According to Minister of Finance
Portugal, one of the countries considered a crypto tax haven due to its absence of crypto-related taxation, is preparing to change this policy. Fernando Medina, minister of finance of Portugal, stated that the country is working on a framework to allow the taxation of cryptocurrency income gains following the principles of “justice” and “efficiency,” and […]
How to Mint an NFT on Solana’s Solsea: A Step-By-Step Guide
Non-fungible tokens (NFTs) made headlines throughout 2021 with projects such as CryptoPunks and Bored Ape Yacht Club (BAYC) selling for over 100k per NFT. These headlines resulted in a boom…
The post How to Mint an NFT on Solana’s Solsea: A Step-By-Step Guide appeared first on CoinCentral.
Read moreHow Many Bitcoins Are Left?
Crypto Fundamentals: A short explanation of how many Bitcoins are left, why the number is limited and what determines when Bitcoins are released.
The post How Many Bitcoins Are Left? appeared first on CoinCentral.
Read moreCASE STUDY
3 Secrets To Bitcoin Investment Success
The bitcoin ecosystem got a lot of great news – investors are pouring millions into the ecosystem, the IRS clarified the U.S. tax situation, and Stripe announced they will support bitcoin.
HAVE A PLAN
Bitcoin investors need to have a strategy: It could be day trading, trying to pay off student loans, trying to retire, etc.
SECURE THOSE BITCOINS!
Bitcoin gives owners 100 percent control over their funds. With that great power comes responsibility. Any time funds are held in an online wallet, online exchange, or business those funds are at an increased level of risk.
EXPECT DROPS
Bitcoin’s price will drop. It’s price will probably drop more and faster than any other investment you’ve held.
When evaluating places to put bitcoins it is important to think of trust factors such as: who owns this company, where is this company located, what security features does this company employ, and how does this business make money?
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