The deadline for submitting tax returns in the UK is Jan. 31, 2019. If you hold investments in bitcoin or any other cryptocurrency it is important to be aware you may owe corporation tax, income tax, or capital gains tax depending on your activities. The U.K.’s HM Revenue and Customs (HMRC) has shared its most recent […]
The post What UK Bitcoin Investors Should Know as Tax Deadline Approaches appeared first on Bitcoin News.Read more
For the second time in a little over a month, Venezuela’s president Nicolas Maduro has hiked up the value of the national cryptocurrency, the petro, this time to 36,000 sovereign bolivars. The move has again been met with criticism. Also read: Russia Not Ready for the Petro, Proposes Plan to Aid Venezuela Without It ‘A New Monetary System’ […]
The post Venezuelan President Raises Petro’s Value Again in Bid to Create ‘New System’ appeared first on Bitcoin News.Read more
The grassroots yellow vest movement in France has been participating in protests for weeks on end. Just recently, high profile yellow vest members have been promoting a “bank run” on financial institutions and automated teller machines in Paris. According to reports, the scheduled bank run began in phases, the first of which started on Jan. […]
The post French ATM Glitches and Bank Closures Reported After Scheduled Bank Run appeared first on Bitcoin News.Read more
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.
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?
Let us hear from you
We will be glad to hear from you, if you have any doubt or question. Feel free to contact us using the form below