What to choose: Short-Term or Long-Term Investments

What to choose: Short-Term or Long-Term Investments

If you have the luxury of time, you may consider investing in short-term investment vehicles, such as stocks, bonds, and mutual funds. These vehicles, however, typically do not provide as much growth as longer-term investments. Short-term investors should aim to protect their money from losing value, which is why they choose these vehicles. However, it…

Think Tank Say No Law Needed for U.S. to Regulate Cryptocurrency

Think Tank Say No Law Needed for U.S. to Regulate Cryptocurrency

U.S. regulators can, by and large, use existing laws to supervise cryptocurrencies and other digital assets like NFTs, according to the Center for American Progress. The influential think tank believes that cryptocurrency regulation can largely be achieved without bringing any new laws to the statute. This could mean that various agencies, including the Commodity Future…

Are Cryptocurrencies Taxable? 

Are Cryptocurrencies Taxable? 

2021 was a huge year for cryptocurrencies. Statistics suggest that over 105 million people use cryptocurrencies globally and the number of investors is increasing year on year. Buying cryptocurrency offers opportunities to make money, but what about paying tax? Are cryptocurrencies taxable?  Do you have to pay taxes on crypto?  Investing is not always as…

What’s better to invest in: crypto or stocks?
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What’s better to invest in: crypto or stocks?

Blockchain technology and digital currencies got their start with bitcoin in 2009. At first, big investors thought cryptocurrencies were nothing. Since then, cryptocurrency markets have grown by leaps and bounds. It’s not without drama, though. While some experts expect cryptocurrencies to be a useful addition to traditional financial markets, others worry they’ll crash and take…

Is it a good idea to buy Bitcoin when it’s falling?
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Is it a good idea to buy Bitcoin when it’s falling?

You may have heard the term “redeem the fall” or “redeem the drawdown”. After cryptocurrencies became popular, their prices soared, which created a strong upward trend. Some traders may suffer from “lost profit syndrome”, and may decide to buy even at the highest prices. However, the fall buyback allows traders to use any correction to…