In this podcast episode, we explore the intriguing world of cryptocurrency loans and their tax implications. Discover how borrowing against your crypto holdings can be a smart strategy if you avoid common tax traps, helping you avoid capital gains taxes when selling your digital assets. We also share essential tips for managing crypto loan transactions for tax purposes. However, be careful about … [Read more...]
Diversification and Safety Tips: What Works in Crypto
Learn about the importance of diversification and safety in the crypto world. Discover practical safety measures and the complexities of crypto taxes. Stay informed, diversify wisely, and get assistance with your crypto tax journey. (This post is from our series of Facebook Lives. Catch the next one in our Facebook channel.) Diversification: A Vital Strategy Last week, we discussed the … [Read more...]
Ep. 001: Diversification and Safety Tips: What Works in Crypto
In this podcast episode, we discuss the importance of diversification and safety in the crypto world. Diversifying your crypto assets is essential for mitigating risk and protecting against unexpected events. However, finding the right balance is crucial, as over-diversification can become counterproductive. We provide practical safety tips, such as using a wallet you control and verifying … [Read more...]
Crypto Investing: Cultivating Your Wealth Like a Pro Gardener!
No one would ever confuse me with a gardener. It’s not quite that I have a brown thumb, but I certainly am not producing hundreds of pounds of extra vegetables to donate to the Food Bank like my dad does out in Idaho! In any case, have you ever thought about how similar crypto investing is to gardening? It may sound crazy, but hear me out. Just like a skilled gardener carefully tends to their … [Read more...]