Part 4 Should You Invest?
- 4 years ago
Part 4 - Should you invest?
DO NOT INVEST money that you can not afford to loose
DO NOT TRUST ANYONE that offers to trade / invest on your behalf
The cryptocurrency space is dangerous for new investors that don't know what they’re doing. A “get rich quick” mindset will get you in trouble.
Invest in your education about bitcoin before you invest your dollars
Choose an exchange and your wallet storage options carefully
DO NOT attempt to avoid paying taxes – despite popular belief cryptocurrency transactions are regulated and easily traceable
Learn about the tax implications before you trade. Every sale or exchange one kind of crypto currency for another is considered a taxable event and subject to capital gains tax
DO NOT INVEST money that you can not afford to loose
DO NOT TRUST ANYONE that offers to trade / invest on your behalf
The cryptocurrency space is dangerous for new investors that don't know what they’re doing. A “get rich quick” mindset will get you in trouble.
Invest in your education about bitcoin before you invest your dollars
Choose an exchange and your wallet storage options carefully
DO NOT attempt to avoid paying taxes – despite popular belief cryptocurrency transactions are regulated and easily traceable
Learn about the tax implications before you trade. Every sale or exchange one kind of crypto currency for another is considered a taxable event and subject to capital gains tax