How to Tell the Difference Between a Bull Market and Bear Market… And How to Trade a Bull Market and Bear Market A bull market is when the price action is in an uptrend, a bear market is when the price action is in a downtrend. This is especially true when examined on a larger time . . . read more
A section on cryptocurrency investing and trading tips and tricks designed for novices, but with insights anyone can enjoy.
For informational and educational purposes only.
No one knows if the halving that will occur roughly May 2020 will impact the price of Bitcoin. However historic correlations with halving and price are notable.
If there are Bitcoin transactions, then Bitcoin isn’t dead. Bitcoin has been declared dead often, but so far that has never been the case.
Digital Security Offerings (DSOs) and Security Token Offerings (STOs) are terms that describe “offerings” of digital securities and tokenized securities respectively.
This isn’t the first major crypto bubble that started with a media blitz and ended with heavy losses for bag holders.
No one can time the bottom of a market, but there are some signs to look for the help you spot the bottom of a market cycle.
In my opinion the wash sale rule for securities should be applied to cryptocurrency trading. This rule would help smaller investors avoid potential traps, and would keep those with more money from exploiting loopholes.
The average crypto trader who traded crypto with any frequency is likely to fail at properly reporting their crypto profits and losses because the task of calculating everything is overly complex. For the IRS to fine the trader, they will have to tally their profits and losses. If the IRS has software that does this…. they should share it.
In my opinion cryptocurrency exchanges should have reporting requirements. Tallying profits and losses in crypto trading is too complex for the average taxpayer, exchanges should provide this service.
The Ethereum Classic Investment Trust (ETCG) is an investment product by Grayscale which gives investors and traders exposure to Ethereum Classic (ETC).