The crypto sector has a lot of freedom. Few regulations, few frameworks. So you should be careful, beware of scams. Many unscrupulous organizations offer fake cryptocurrency with improbable returns.
another defect, capital gains using cryptocurrencies are subject to taxes. Professional trader will be charged 50% tax. An investor who is considered a speculator, who takes risks and bets on price fluctuations, will be taxed at 33%. On the other hand, if you invest your money as a “good parent”, with the goal of making it grow, but playing it safe and betting for the long haul, your winnings will not be taxed. So it will not be superfluous to declare your earnings.
affiliate additional costs Also required for using the network or commissions of banks and online platforms, for example. It is also possible to convert your cryptocurrencies into Euros, and vice versa, but be careful, The conversion is not free. The exchange rate is not fixed. It tracks the path of the cryptocurrency that the investor wants to trade. This process generates transfer fee. Despite this, investing in cryptocurrencies still brings a lot of money.
If digital currencies are known today as speculative sideAnd some see it money in the future. It makes paying easier, faster, cheaper and more secure. Therefore, it has many advantages over traditional currencies.
Worldwide, more than 200 million people own cryptocurrency. In total, when writing this article, The market weighs 2,000 billion dollars.