Do You Pay Capital Gains on Crypto?

crypto capital gains

Cryptocurrencies are a relatively new concept. Because of this, investors typically have many questions regarding the way they work, especially when it comes to taxes. One of the most common questions regarding crypto is, “do you pay capital gains on crypto?” Like traditional stocks, crypto is taxed as property and subject to capital gains and … Read more

Why is Bitcoin So Expensive?

Bitcoin Price

Since its inception in 2009, Bitcoin has been a rather expensive cryptocurrency to purchase, and its price has gradually increased over time. Why is this? The answer to why Bitcoin is so expensive can be found in the underlying nature of bitcoin itself: bitcoins are not issued from a central bank or institution but can … Read more

7 Benefits of Setting Up a Bitcoin IRA

Bitcoin IRA Benefits

Are you looking for a new way to invest your money? If so, you may want to consider setting up a Bitcoin IRA. A Bitcoin IRA is a special type of retirement account that allows you to hold bitcoins in lieu of traditional currency.  This can be a great way to diversify your portfolio and … Read more

Bitcoin vs. Ethereum: Which is the Better Investment?

Ethereum vs Bitcoin

Bitcoin and Ethereum are both cryptocurrencies that are built on blockchains, but they have some very significant differences. Bitcoin has been around since 2009, while Ethereum was only recently introduced in 2013, so it’s no surprise that Bitcoin is the king of cryptocurrency when I look at market capitalization.  However, the ever-increasing popularity of Ethereum … Read more

What Makes Cryptocurrency Go Up and Down?

crypto volatility

With cryptocurrency’s rapidly growing importance on the market, it is only natural to wonder what makes its value fluctuate. Highly-coveted cryptocurrencies, such as Bitcoin, can vary in value drastically over a time span as short as one day. This change in value is ultimately dependent on a variety of factors. The value of cryptocurrency is … Read more