Mastering Key Cryptocurrency Investment Advice

Mastering Key Cryptocurrency Investment Advice — From Altcoins to Bitcoin and Ethereum’s Thorough Analysis

Friends who often read my blog should know by now that I personally invest in only two cryptocurrencies. One is Bitcoin and the other is Ethereum. The ratio of spot holdings is roughly 7:3. I have never actively purchased any altcoin spots other than Ethereum, unless I approach it with a gambling mindset. Even then,…

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How to Report Taxes on Cryptocurrency Transactions in the USA

How to Report Taxes on Cryptocurrency Transactions in the USA

As the number of people trading virtual cryptocurrencies in the United States continues to grow, the IRS (Internal Revenue Service) is increasingly scrutinizing the taxation of these digital assets. In their tax forms, there’s a specific question asking taxpayers: Did you sell, receive, or exchange any virtual currency this year? This article summarizes key considerations…

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