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Twitter or Atsushi Hisatsumi There are literally thousands of cryptocurrencies for investors to choose from. Choice paralyzes. Choice adds cost, complexity and the need for advice. CRYPTO20 eliminates this complexity for the new crypto investor.
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I feel that this comment is: There is some good news about the topic of cryptocurrencies and taxes. First, in nearly every country of the world cryptocurrencies are VAT exempt. Like with every financial product you don’t need to pay VAT when selling Bitcoin. There have been some ideas of tax authorities in Poland, Estonia, Germany, Australia and Sweden to demand VAT on crypto sales, but after the European Court smashed this down in an important decision, VAT for Bitcoins seems to have become a non-topic.
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Some projects will burn out and be of little intrinsic value or use after a short period. Therefore the potential investor must look at where he feels the project will be in say, a year. Will there still be a demand for this kind of service or is it just a flash in the pan? Who are the competitors in this particular arena? Will one project soon supplant the other? How long has this coin been in existence for and are the team behind it regularly releasing updates? Well, if the coin has been actively around in excess of 2 years, then the survival chances of the project are looking pretty good.
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Become an Instructor 12Sep Joseph Young is a finance and tech journalist based in Hong Kong. He has worked with leading media and news agencies in the technology and finance industries, offering exclusive content, interviews, insights and analysis of cryptocurrencies, innovative and futuristic technologies.
Afghanistan Afghani-AFN With the price changing so much in such a short space of time, how do you decide what the best time is for investing in Bitcoin?
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9 hours ago Halloween Coin-HALLO People 16 Sep - 14 Oct 2017 Are you asking yourself, “Should I invest in Ethereum?” or “Is the price of Ethereum already at its peak?”. Well, the truth is, nobody knows! However, the following information should help you decide whether investing in Ethereum is a good option for you.
777FollowersFollow Email address 56 KuCoin Shares KCS 1.33 $122.57M $125.20K 0% -1.23% -6.84% Only 5 percent of those who have invested in cryptocurrency have made financial gains. 11.5 million have failed to make a financial gain when investing in a cryptocurrency.
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For example, for people in the EU, Bitcoin.de enjoys a strong trust level. The exchange operates without loss of customer’s funds since 2011, the owners are well known in the German and European community, and an annual audit by external company checks if all coins are available. This level of trust, however, can rarely be achieved when you hold a lot of altcoins. That’s the risk you need to take.
Here to remain Recent research from IW Capital found that 38 percent of the British population do not “understand” cryptocurrency. Furthermore, a mere 5 percent of those cryptocurrency investors polled have actually turned a profit — a fact the investment house’s CEO finds “very concerning.”
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Since 2011, Bitcoin generated an increase in the value of at least 25,000 percent. Since a linear chart can’t represent this increase, we need to use an exponential chart.
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