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It doesn't seem that cryptocurrency will be just a flash in the pan type thing because it is not just the currency aspect that makes them so appealing. Cryptocurrencies have pretty much been a topic of intense discussion over the last few years. Best exchanges to buy bitcoin simply put, bitcoin is still the best cryptocurrency to buy today, if not the best. Matt is a certified financial planner based in south carolina who has been writing for the motley fool since 2012. For tax purposes, cryptocurrency is considered an asset, like a stock or property.
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Minus the $8,000 in costs, you net $12,000 or 1.5x your initial investment. The most common and accepted payment methods to buy cryptocurrency include: Should you invest in cryptocurrency? How to invest in cryptocurrencies beginners guide if you want to buy cryptocurrency quickly and easily with your credit card check out the kraken exchange! The cryptocurrency fervor is undoubtedly more subdued than it was in, say, 2017.
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