If you decide to get involved in Bitcoin, it’s essential to stay up-to-date on news surrounding the cryptocurrency.
Regulations are constantly developing and changing, and it’s important to be aware of any changes that may impact your investments.
And as the value of Bitcoin fluctuates, it’s wise to pay attention to how the value of your investment changes.
Plus, at its core, Bitcoin is largely a community. Since it isn’t controlled by one government or regulating entity, it’s up to traders, investors, and business owners to help it become a more mainstream form of currency.
As a result, there’s always plenty of discussion to be had about trading Bitcoin. And on this page, you’ll find a few of the best resources for staying up-to-date on the latest news and trends.Read More
Before you invest in Bitcoin, you need to have a place to store it.
Unlike traditional currencies, Bitcoin requires a cryptocurrency-specific wallet.
Today, there are plenty of wallet options to choose from. And while most of them are fairly easy to get started with, selecting and setting up a wallet isn’t a process to rush through.
In fact, choosing a secure wallet is one of the most important parts of learning how to use Bitcoin. Just like with any other investment, you want to be confident that your money is safe — and the wallet you use is the largest factor in whether that’s the case.
That’s why on this page, you can find everything you need to know about Bitcoin wallets, what your options are, and how to choose the one that’s best for you.Read More
If you run an e-commerce store, you know that it’s beneficial to accept a wide range of payment options.
After all, you never want to miss out on a sale simply because you don’t accept a shopper’s preferred card or platform.
And whether you’re interested in investing in Bitcoin or not, you may be wondering whether it would be feasible to allow users to make purchases with them.
The short answer to this question is yes.
In fact, Bitcoin payments offer a few distinct advantages for sellers — namely that they don’t involve transaction fees, are often faster than credit card payments, and eliminate the risk of chargebacks.
Plus, there’s no risk of your customers’ personal information being compromised, since it isn’t attached to their payment method as it would be with a credit or debit card.
And enabling these payments doesn’t have to be difficult, either.
Keep reading to learn how you can start accepting Bitcoins in your online store, as well as how to make the most of this capability.Read More
Today, the majority of people who purchase Bitcoin do so as an investment strategy. They treat it similarly to stocks, with the goal of earning money as their coins’ value fluctuate.
But considering that Bitcoin is technically a form of currency, you may be wondering whether you can actually spend it.
And the answer is yes — but the places at which you can spend it are fairly limited.
As Bitcoin continues to increase in popularity and is becoming a more common investment option, you may be wondering if you should start mining your own.
Unlike traditional currency, which is created by a government or other regulating organization, new Bitcoin is created through a process called “mining.” Technically, anyone can do this.
And it’s clear why this is an appealing thought.
After all, if it’s possible to create valuable currency out of nothing, why wouldn’t you? If you’re aware of all of the things you can buy with Bitcoin at major retailers, this might seem like a no-brainer.
But it’s not quite that simple.
There are a few things you need to know before taking a dive into the mining world, especially if you’re new to cryptocurrencies like Bitcoin.
Keep reading to learn what, exactly, the mining process involves, as well as what you need to consider if you’re interested in becoming a miner.Read More
One concern that prevents many people from buying and investing in Bitcoin is the legality of the currency.
And that’s certainly a factor you’ll need to consider, depending on where you live.
That’s because unlike standard currencies, which are regulated by a government’s central bank, Bitcoin isn’t controlled by any centralized organization.
This means that once it began to gain in popularity, governments, tax authorities, and law enforcement agencies had to play catch-up to figure out how to regulate it.
And as those laws and regulations develop, Bitcoin’s legal status continues to change within different countries.
So before you invest in Bitcoin — and as you continue to make transactions — it’s important to stay up-to-date on the currency’s legal status where you are, so that you can avoid running into any issues in the future.Read More
Just as with any other form of investment, it’s essential to know what your tax obligations are when dealing with Bitcoin.
Although it’s very different from traditional currencies, and it’s possible to make anonymous transactions, these differences don’t mean that it’s exempt from taxes.
So to avoid getting caught off guard when tax season rolls around, it’s a good idea to spend some time learning how taxes work with Bitcoin, and how to avoid any potential legal issues.
It’s important to note, though, that regulations vary greatly by country.
In this article, you can find everything you need to know about correctly filing taxes for Bitcoin in the United States. But if you’re located outside the U.S., you’ll want to take the time to find a resource specific to how your country handles taxing Bitcoin transactions.Read More
Considering how often Bitcoin has been in the news over the past few months, it’s no surprise that there are plenty of resources out there for people looking to buy.
So for first-time buyers, the process of getting started is simple.
But as with any investment, it’s wise to plan ahead.
If there comes a time that you no longer want to invest in Bitcoin, or you want to cash out on your investment, what will your options be?
That’s a question you should ideally know the answer to before purchasing.
Fortunately, whether you’ve planned ahead or not, there are several options for selling Bitcoin.
In this post, we’ll go over what those options are, as well as a few tips for getting the best returns from your sale.Read More
You can look up the price of any standard currency.
In a few seconds, you can see what your dollars would be worth in pounds, pesos, or yen.
But what about Bitcoin?
How can you find out its price? And perhaps more importantly, what’s the real VALUE of Bitcoin? Is it worth the hype, or is the current valuation overblown?
In this article, you’ll learn the price of Bitcoin, what the experts are saying about its future, and what you can expect from the digital currency in the years to come.
Let’s jump in!Read More
If you’re interested in investing in Bitcoin, one of your most pressing questions is likely where and how to buy them.
Fortunately, the process isn’t nearly as complicated as the perceived mystery around the currency may lead you to believe.
Today, there are plenty of options for purchasing Bitcoin, both online and off — so regardless of how you prefer to manage your finances, you’ll likely find an option that works for you.Read More