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Paying tax on crypto currency | While cryptocurrency has been fertile territory for experienced hedge fund and venture capital investors, the average investor needs to exercise caution and do their homework, financial experts say. Such wallets have advantages over hot wallets because they are unaffected by viruses that could infect one's computer. If they send it to another wallet, it can still be traced back to the Coinbase purchase connected to the account holder's identity. From deciding where to buy BitStash to making the purchase, your crypto transaction is now complete! Distributed ledger is different from the way your bank keeps track of your dollars, in a centralized database that only it controls, cryptocurrency experts say. You should only invest in products that you are familiar with and where you understand the associated risks. Cryptocurrency is completely digital, which means you should have a digital place to keep your coins safe. |
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