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Risks Of Investing In Crypto Bitcoin

by Heather Feliks

Bitcoin can seduce given its performance. This virtual currency is even considered by some as safe haven in times of crisis. Investing in cryptocurrencies is not without risk. Nevertheless, the risks associated with investing in cryptocurrencies should not be minimized. Cryptocurrencies are 100% digital currencies, which are exchanged peer-to-peer via a decentralized and secure computer system. Among the virtual currencies, Bitcoin is essential. Investors just need to create a bitcoin address to start with their crypto mining or investing. Volatility, the main risk of cryptocurrencies Major Cryptocurrencies are not backed by any physical currency. They are also not tied to …

Cryptocurrency: Will It Reduce or Increase Taxes?

by Iggy Jessi

The idea of cryptocurrency taxes might make you cringe, but it’s not as bad as you think. Unless you plan on hiding your cryptocurrency gains from the government and hoping they don’t find out, you will need to report them as additional income on your taxes. Moreover, because many crypto transactions take place in a sort of “gray area,” reporting them correctly is essential if you want to avoid an audit and possible fines. Deciding whether Taxes Are Due for Your Crypto Transactions The Internal Revenue Service (IRS) sees cryptocurrency as property, not currency. This means that if you receive …

How to Select the Right Candidate In Politics?

by Iggy Jessi

Politics is a game played by different rules and dynamics. It is not as simple as hiring someone and giving them a desk or cubicle to sit in, but there are many other things you need to keep in mind while hiring. Politics is all about bringing change, so you want people who can align with your vision. They should be willing to take up the role of an elected representative and campaign for their seat. Research and Assessment As the first step, you need to do some research on the candidate and their work in the past. You need …