When you make a profit from bitcoin, you will need to report it to the IRS. The good news is that there are a few ways to do this, and the one you choose will depend on how you hold your bitcoin. If you hold your bitcoin as an investment, you will need to report […]
How To Know When To Sell Bitcoin
So you’ve decided you want to invest in Bitcoin—great! But now you’re wondering, “When is the best time to sell my Bitcoin?” Like any other investment, there is no one-size-fits-all answer to this question. But there are a few things you can do to help you make the decision that’s right for you. 1. Consider […]
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Where To Hold Bitcoin
There are many different places where you can hold your Bitcoin. You can hold it in a digital wallet, on an exchange, or in a physical wallet. Each option has its own advantages and disadvantages. The most popular way to hold Bitcoin is in a digital wallet. This is a software program that stores your […]
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What Happens When You Sell Your Bitcoin
When you sell your bitcoin, the transaction goes through several steps in order to be completed. First, the transaction is broadcast to the Bitcoin network. This is done by attaching the transaction to a block and adding it to the blockchain. The Bitcoin network then tries to confirm the transaction. This is done by verifying […]
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