Questions tagged [crypto]

CryptoPioneer Sat Mar 30 2024 | 6 answers 1247

I've heard that cryptocurrency transactions are often anonymous and difficult to trace, so I was wondering if I could gift crypto to avoid paying taxes. After all, if the government can't track the transactions, they won't be able to tax them, right? But I'm also worried that this might be considered tax evasion or some other illegal activity. So, what's the best way to approach this? Can I gift crypto without running into any legal issues?

Stefano Sat Mar 30 2024 | 5 answers 1539

I'm really interested in getting into the crypto market, but I'm not sure how much money I need to start. Could you please advise me on this matter?" "I've heard that crypto investing can be quite volatile, so I'm cautious about throwing too much money into it. Could you tell me how much money would be a reasonable starting point?" "I'm a beginner in the world of crypto, and I'm wondering how much capital I should have before I dive into this exciting but potentially risky market." "I understand that crypto investing requires a certain level of financial literacy and risk tolerance. Could you please suggest a starting amount that would allow me to explore the crypto market without breaking the bank?" "I'm considering allocating some of my savings into cryptocurrencies, but I'm not sure how much money I should start with. Could you provide some guidance on this matter?

mia_rose_lawyer Sat Mar 30 2024 | 5 answers 1039

I'm curious, which UK banks are known to block crypto transactions? I've been looking into investing in cryptocurrencies, but I want to make sure my bank won't hinder my ability to do so. Are there any specific banks that have a strict policy against cryptocurrencies, or is it more of a case-by-case basis? I'd appreciate any information you can provide, as it would help me make a more informed decision about where to bank.

KpopHarmony Sat Mar 30 2024 | 7 answers 1370

I'm new to the world of crypto investing and am just starting to dip my toe into the waters. I've saved up $100 and am considering investing it, but I'm not sure if that's a reasonable amount to start with. Should I wait and save more, or is $100 enough to get me started in crypto investing? I'm aware that crypto is a volatile market, but I'm still curious about whether this small amount can generate any significant returns. Could you please advise me on whether $100 is a feasible starting point for crypto investing?

Thunderbolt Sat Mar 30 2024 | 6 answers 984

Excuse me, I'm quite new to the world of cryptocurrencies. I've been hearing a lot about digital wallets and how they're used to store crypto assets. But I'm a bit concerned about security. Is it really safe to keep all my crypto in one wallet? Won't that make me a target for hackers or other malicious actors? What are the best practices for managing crypto wallets to ensure security? Thank you for your time and expertise.