Tag: hold your cryptocurrencies

How Does Tax Work On Crypto

Cryptocurrencies are a new and exciting asset class that is growing in popularity every day. While the tax implications of owning and trading cryptocurrencies are still being worked out, there are some basic concepts that everyone should know. The first thing to understand is that, like any other type of income, cryptocurrency income is taxable. […]

How Much Profit Should I Take Crypto

Cryptocurrencies are a new and exciting investment opportunity, but it can be difficult to know how much profit to take. Here are a few tips to help you make the most of your investment. First, it’s important to understand that cryptocurrencies are incredibly volatile and can experience large price swings in a short period of […]

How Do You Pay Taxes On Crypto

Cryptocurrencies are becoming more and more popular, but many people don’t know how to pay taxes on them. This guide will explain how to do that. The first step is to figure out the fair market value of your cryptocurrency on the day you acquired it. To do that, you need to find a reputable […]