Raymond Oconnell - The Latest Crypto News and Guides

The Easiest Way to Withdraw From Bitstamp

Bitstamp is a popular cryptocurrency exchange that lets you buy, sell, and trade Bitcoin, Litecoin, Ripple, and over 100 other cryptocurrencies. However, if you’re looking for another way to get your cash out of Bitstamp without having to wait for the withdrawal process, then this article is for you. There are several methods that can quickly and easily withdraw all of the money in your account from Bitstamp. Here’s how it works: – Log into your Bitstamp account. – Click on “Withdrawal” at the top of your screen. – Select…

How to Buy Ark Coin – Everything You Need To Know

Raymond Oconnell

Do you want to buy Ark coin? There are a few different ways to access and buy cryptocurrency. You can get the coin through an exchange, the Ark wallet, or use a service like Changelly. However, you must do your research before deciding which one is right for you. As a token on the Ethereum blockchain, Ark has no intrinsic value but still manages to have a high market capitalization worth almost USD 1 billion. Ark is currently trading at around $0.60 per token, at its lowest price in over…

How Do Cryptocurrencies Have Value? – The Answer Is Simple

Raymond Oconnell

Do you know how cryptocurrencies have real value? The answer is simple. They do not have any intrinsic value. That’s right, the only reason they can be bought and sold on exchanges is because other people think that their value will increase in the future. If you hear about a new cryptocurrency called “Red Coin,” it has a market capitalization of $234 billion. What makes this particular cryptocurrency stand out among the others? It’s because it has a unique feature or function that its competitors do not have. Other cryptocurrencies…

The Industrial Giants That Endorse Bitcoin

Raymond Oconnell

Cryptocurrency keeps making a boom in the market, attracting even retail investors to join the crypto ecosystem. The major investors of this growth circle are industrial giants. These giants have their focus on cryptocurrencies, mainly Bitcoin, because of the benefits therein. That is why they continue to invest in Bitcoin as a cover against inflation comprehensively and inspect the blockchain network. Without a doubt, the involvement of these giants is evident that Bitcoin is here to stay and growing stronger by the day. But, who are these giants? Below is…

The Cryptocurrency Is Hiking Prices

Raymond Oconnell

While the COVID-19 pandemic continues to be the downfall of the global economy, the crypto market continues to record gains. Many cryptocurrencies have emerged to cater to the high demand for Bitcoin and other cryptos because of this pandemic. Cryptocurrency market funding powered by Bitcoin’s growth just surpassed the $1 trillion mark. From this significant growth, Bitcoin is responsible for approximately 69% of the total market share. Moreover, nearly six months ago, Bitcoin’s price was $7800, and currently, the price is at 32500, which is roughly a 400% hike in…

Guidance on Tax Rules for Buying and Selling Crypto

Raymond Oconnell

Buying and selling Bitcoin for a profit makes you subject to capital gains taxes. Capital-gains taxes occur whether you exchange Bitcoin for dollars or other cryptocurrencies for a profit. Also, it is a similar case when you buy Bitcoin, it increases in value, and then you exchange it for services and products. The IRS Revenue Ruling occurred twice in 2014-21 and 2019-24, offering guidance on crypto tax issues. The serious resolve by the IRS in 2014 stated that cryptocurrency is the property and not currency for federal tax uses. This…

Experts Recommend Ways to Excel in Crypto Trading

Raymond Oconnell

What does it take to make money with cryptocurrency? The cryptocurrency trading market is becoming the dominant ‘sheriff’ in town in trading into the financial world. Regardless of the type, such as Bitcoin, Ethereum, Litecoin, and others, the growing trends and unpredictable trading patterns give cryptocurrencies a well-known reputation. Even though crypto trading is still new to the financial world, there’s a confident prediction of growth increasing shortly. Because of this, it is becoming very popular with many individuals and organizations looking to trade. However, it would be best to…

Trading In The Market : Some Necessary Steps

Raymond Oconnell

Millions of people actually try their hand at trading in the market every single year, but a lot of them walk away, a little poorer and very much wiser. They are people who have not reached their full potential. A lot of people cannot handle trading in the market. Majority of people who fail, have one thing in common. They wouldn’t have mastered all their basic skills which are actually needed to tilt all of the odds in their favour. If one takes some time to actually learn them, it…

The Difference Between Crypto & Futures

Raymond Oconnell

A lot of people actually don’t know the difference between crypto and futures. The differences are interstellar. They are very different. Crypto means crypto currency. Crypto currency is an amazing form of currency that is decentralised. It is not controlled by any central authority. Crypto currency is incredibly secure, lightning fast and anonymous. For example, bitcoin is a crypto currency. Futures basically means foreign exchange. I am sure you know what for an exchange is. Foreign exchange is the exchange of one currency for another. For example, exchanging GBP to…

Bitcoin Futures Trading Strategies

Raymond Oconnell

As you all know, futures is a legal contract where you agreed to purchase or sell a particular thing in the future. Bitcoin is definitely becoming a huge part of our financial future. Bitcoin is something that is gaining a lot of traction in the financial world nowadays. Back then, it used to be worth just a couple hundred dollars, but now it is worth thousands. One bitcoin is actually worth thousands of dollars. There are people who have become millionaires overnight, because of the fact that they had stored…