Financial Advice for Retirement, Social Security, IRAs and Estate Planning

Cryptocurrencies

Found 6 Articles.

Bitcoin’s 10th Anniversary

October 30, 2018

Most people only heard of bitcoin and other digital currencies in the last couple of years. But digital currencies (some call them cryptocurrencies) can be traced back 10 years, according to this article. I think digital currencies could have a substantial role some day, if a way is found to make their values relative to […]

Digital Currencies In Your IRA?

May 14, 2018

The ways to invest in digital currencies, also known as cryptocurrencies, are increasing. Naturally, businesses want to be able to tap the large IRA market for cryptocurrencies. This article describes a new index fund that tries to invest in an assortment of digital currencies. Be warned, though, it isn’t the traditional index fund. It’s only […]

Digital Currencies and Taxes

March 19, 2018

It’s hard to tell what causes the price of bitcoin to rise and fall, because there are no fundamentals attached to the currency. This article explores the idea that capital gains taxes are the major reason for bitcoin’s recent decline. It says many bitcoin investors didn’t realize that the IRS will tax their profits as […]

Investing in Digital Cryptocurrencies is Still Not Safe

January 29, 2018

Digital currencies, also known as cryptocurrencies, try to present themselves as alternatives to government-issued currencies and gold. But they have several hurdles to clear, and one of them is that the currencies might not be safe. Here’s a story about how some computer hackers recently breached one of the digital currency exchanges and stole hundreds […]

Losing Thousands Investing in Bitcoin

December 20, 2017

No, this isn’t a story about people buying bitcoins before the price collapses or even about being scammed in a get-rich-quick scheme involving bitcoin. It’s about people who opened accounts in bitcoin sometime in the past. Some did it because a customer insisted on paying in bitcoin. Others wanted to try out the new payment […]

A Primer on Investing in Cryptocurrencies

October 24, 2017

Bitcoin is making a lot of headlines, primarily because it is up more than 6000% in 2017. But it’s also making headlines because some prominent people, such as Jamie Dimon of J.P. Morgan Chase are critical of it and other cryptocurrencies. This article makes some comments in favor of cryptocurrencies with some details about how […]

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