Join me @ IBOtoolbox for free.
Leroy Ross
Member Since: 1/11/2013
  
performance / stats
Country: United States
Likes Received: 3027
Featured Member: 21 times
Associates: 3880
Wall Posts: 2008
Comments Made: 9891
Press Releases: 599
Videos: 8
Phone: 404- 964-2243
Skype:     leroyr4
profile visitor stats
TODAY: 43
THIS MONTH: 1179
TOTAL: 563197
are we ibo associates?
active associates
QUEENHAJAR AKANQI     
Last logged on: 3/21/2019


Marketing Consultants    
Last logged on: 3/21/2019


Patricia Reynolds    
Last logged on: 3/21/2019


William Clinkscales    
Last logged on: 3/21/2019


John Aiken    
Last logged on: 3/21/2019


Dee Tee    
Last logged on: 3/21/2019


Marty Cooper    
Last logged on: 3/21/2019


Jaye Carden    
Last logged on: 3/21/2019


Curtis Fillers    
Last logged on: 3/21/2019


Whitney Jacqueline      
Last logged on: 3/21/2019


Ioan Santos    
Last logged on: 3/21/2019


Mori Webster    
Last logged on: 3/21/2019


Sule Yesufu    
Last logged on: 3/21/2019


Katarina Hofbaur  
Last logged on: 3/21/2019


Eugene Wallace    
Last logged on: 3/21/2019


other ibo platforms









Leroy Ross   My Press Releases

Invest in what?? cryptocurrency

Published on 1/20/2018
For additional information  Click Here

 

 

Many people believe that cryptocurrencies are the hottest investment opportunity currently available. Indeed, there are many stories of people becoming millionaires through their Bitcoin investments. Bitcoin is the most recognizable digital currency to date, and just last year one BTC was valued at $800. In November 2017, the price of one Bitcoin exceeded $7,000.

 

 

Ethereum, perhaps the second most valued cryptocurrency, has recorded the fastest rise a digital currency ever demonstrated. Since May 2016, its value increased by at least 2,700 percent. When it comes to all cryptocurrencies combined, their market cap soared by more than 10,000 percent since mid-2013.

 

 

However, it is worth noting that cryptocurrencies are high-risk investments. Their market value fluctuates like no other asset’s. Moreover, it is partly unregulated, there is always a risk of them getting outlawed in certain jurisdictions and any cryptocurrency exchange can potentially get hacked.

 

 

If you decide to invest in cryptocurrencies, Bitcoin is obviously still the dominant one. However, in 2017 its share in the crypto-market has quite dramatically fallen from 90 percent to just 40 percent. There are many options currently available, with some coins being privacy-focused, others being less open and decentralized than Bitcoin and some just outright copying it.

 

 

While it’s very easy to buy Bitcoins - there are numerous exchanges in existence that trade in BTC - other cryptocurrencies aren’t as easy to acquire. Although, this situation is slowly improving with major exchanges like KrakenBitFinexBitStamp and many others starting to sell Litecoin, Ethereum, Monero, Ripple and so on. There are also a few other different ways of being coin, for instance, you can trade face-to-face with a seller or use a Bitcoin ATM.

 

 

Once you bought your cryptocurrency, you need a way to store it. All major exchanges offer wallet services. But, while it might seem convenient, it’s best if you store your assets in an offline wallet on your hard drive, or even invest in a hardware wallet. This is the most secure way of storing your coins and it gives you full control over your assets.

 

 

As with any other investment, you need to pay close attention to the cryptocurrencies’ market value and to any news related to them. Coinmarketcap is a one-stop solution for tracking the price, volume, circulation supply and market cap of most existing cryptocurrencies.

 

 

Depending on a jurisdiction you live in, once you’ve made a profit or a loss investing in cryptocurrencies, you might need to include it in your tax report. In terms of taxation, cryptocurrencies are treated very differently from country to country. In the US, the Internal Revenue Service ruled that Bitcoins and other digital currencies are to be taxed as property, not currency. For investors, this means that accrued long-term gains and losses from cryptocurrency trading are taxed at each investor’s applicable capital gains rate, which stands at a maximum of 15 percent.

 

 

Leroy Ross

 

 

 

 

 

 

 

 

Member Note: To comment on this PR, simply click reply on the owners main post below.
-  Copyright 2016 IBOsocial  -            Part of the IBOtoolbox family of sites.