Should you invest in cryptocurrency? | CNBC Explains




As bitcoin’s price continues to surge towards $5000, CNBC’s Tom Chitty explains whether the rollercoaster ride of cryptocurrencies could make you rich.


29 Comments

  1. I didn’t know that investing in crypto and stocks can change my life for good, as i saw comments about Ms Amelia here on YouTube, I decided to give her a try of $500, and after a week I got a Profit of $5,999 as a beginner, isn’t that fair enough??!.

  2. Over the past few days, Bin@nce C0in’s movement has been within an up-channel on the 4-hour timeframe. The pr!ce may have hit the peak of the current channel as there lay some resistance around the $640-mark. A breakdown from this pattern seemed possible over the coming sessions and a move below the equilibrium of the channel could act as a confirmation of the same. A downwards move could see B'N'B fall towards the $581-support or even towards $533.3 – a region that coincided with the 50-SMA. The Stochastic RSI formed its third peak in the overbought territory and dipped down. On the other hand, momentum was on the bullish side, according to the Awesome Oscillator, and B'N'B could hit $650 before an eventual correction. One explanation you need to put resources into crypt0 and its innovation is on the grounds; crypt0 is changing the economy state of any country that moves toward the innovation and that way being an early adopter gives you an edge over others that will become tied up with it late. While taking a gander at the development pace of dig!tal m0ney and the chance it present. why not investigate it and have a reexamine about the specific venture you wish to make now. Vincente is also an expert tr@der and f!nance journalist and you can find his courses on tradlng on the internet for free and they come in handy as an !nvestor and he can be reached on gmαil (vicentesanzofficial@gmailcom and Եҽlҽցɾαต @vincentesanz) for his assistance on strictly crypt0 related concerns..

  3. Nice contents you put up always👌. BTChits a new bullish price as people increased their bids in hopes of making huge gain from the rise but as we can all see now the market is very unstable , the truth is that you can always make more profit from tradln rather than just hodlin and waiting for the price of BTCto skyrocket. Indeed its a tough decision for both old and newb!es whose intensions are just to hodl and sell but rather the potentials of tradlng. Iwept deeply and prayed after the last time i had much loses, a colleague introduced me to Expt. Steven Dunn who i started tradln with since late last year,i've covered up and made over 21 B T c even with the ups and downs since the journey. With Steven's counsel I no longer have to worry about the rise and dip ofBitcoin. For profess!onal guidiance, you can easily get to Allen on T eleqram; (stevendunn471) 0R ահαեsαթթ + 1 5 1 6 2 0 0 1 9 3 9👈

  4. With the second crypto:currency by market cap having no clear resistance above it, it has now entered price discovery mode, and whats next is everyone's question. I personally think now is the right time to take advantage of the current bearish run and make money leve!raging trad es rather than just hodlin until the bulls take over. I'm not a pro tradr but I was lucky enough to make 13+BTC since late last year following the instructi!ons and s!gnals from exp Steven Dunn. He runs programs forinvestors / newbies who lack understanding on how trad! ng Bitcoin works, to help them utilize the volatility of the crypto market and also stack up more bitcoin. You can easily get to him on 🆆🅷🅰🆃🆂🅰🅿🅿 +1 5 1 6 2 0 0 1 9 3 9 for crypto related breakthroughs .

  5. Risk management is a vital element of success for any tradr in any mar:ket. No matter the size of the cap!tal you’re trad!ng with or investing in, losses are going to be inevitable, particularly in highly volatile mar:kets like crypt0currency. Learning how to manage risk to minimize losses is vital. Yet, it’s also necessary to master risk management in order to ensure maximum gains. After all, the more you’re willing to risk, the greater the potential reward. I’m not a pro tradr but I was lucky enough to make 25’B’T’C since late last year following the instriuctions and s!gnals from Steven Dunn. He runs program for investors/newbies who lack understanding on how trad!ng Bitcoin works, to help them utilise the volatility of the crypto mar:ket and also stack up more bitcoin. You can easily get to Steven on 𝚠нαтαѕαρρ + 1 ( 5 1 6 ) 2 0 0 1 9 3 9 or teligram at (stevendunn471) for Crypto related issues …

  6. From a technical point of view, the RSI looks promising in favor of the bulls, as the daily RSI is at the bullish territory above 50 (after reversing earlier today). At the same time, the Stochastic RSI oscillator is about to make a bullish crossover at the oversold area. In case this happens, it might assist the market in reaching higher highs. Lots of folks will do so well in the next bull market but you shouldn't be of the mindset to only hodl, can be very dangerous. As hard as it is ƚradıภg Crypto, it sure is way more lucrative and is quite logical if you just learn & pay attention to what's going on, I’m not a pro ƚгadēг but I was lucky enough to make 37B T C with 5B T C since late last year following the instruct|ons and sιǫnals from Steven Dunn's results. He runs program for Crypt0 Tribes Men to how ƚradıภg bitcoin works, helping them utilize the volatility of the crypto market and also stacking up more bitcoin. You can easily get to him on 𝚠нαтαѕαρρ((+1 (516) 200-1939).

  7. I think the pandemic has taught people a big lesson, having one stream of income is not really a good idea cause your job doesn't secure your financial needs. The pandemic has really set out business-minded people from the rest that is why I'm so lucky to be among the investors trading with metro__kelvinfx on insta as his student it's been success and happiness since the beginning of my trades..

  8. A big thanks to hacke_rshawn10 on Instagram I recommend them all the way I even thought it was a joke when I got a recommendation from a friend of mine to hacke_rshawn10 on Instagram but To my greatest surprise they got me 3btc am glad✓✓✓💪💪💪💯 💯💯

  9. A big thanks to hacke_rshawn10 on Instagram I recommend them all the way I even thought it was a joke when I got a recommendation from a friend of mine to hacke_rshawn10 on Instagram but To my greatest surprise they got me 3btc am glad✓✓✓💪💪💪💯 💯💯

  10. I think the pandemic has taught people a big lesson, having one stream of income is not really a good idea cause your job doesn't secure your financial needs. The pandemic has really set out business minded people from the rest that is why I'm so lucky to be among the investors trading with metro_kelvinfx on insta as his student it's been success and happiness since the beginning of my trades

  11. I make huge profits on my investment since I started trading with Mrs Georgia Williams, her trading strategies are top notch coupled with the little commission she charges on her trade

  12. The IRS will audit Cryptocurrency, get help NOW
    The IRS views crypto as property, not currency, which means that mining, selling, exchanging, or spending your coins are all taxable events that you need to report. Cryptocurrency and Bitcoin taxes are a tricky field to navigate. Even today, IRS guidance remains quite vague, and many CPAs don’t know how to properly file crypto taxes. However, despite confusing or unclear guidelines, the IRS has made it very clear they want you to report your crypto.
    Google Lance Wallach and your advisor. WHO do you trust? Contact Lance and his team of experts before it's too late! 516-236-8440 wallachinc@gmail.com

  13. Since micro-captive insurance companies were placed on the IRS “Dirty Dozen” list of tax scams in 2014 and identified as a transaction of interest in 2016, the IRS has continued to expand its enforcement efforts of what it views as abusive micro-captive insurance arrangements.

    The IRS has been gathering information on taxpayers and instituted a new virtual currency compliance program in 2019. Here is an excerpt from one of their notices:

    “We have information that you have or had one or more accounts containing virtual currency but may not have properly reported your transactions involving virtual currency, which include cryptocurrency and non-crypto virtual currencies.”

    New IRS Notice 6174-A

    The IRS clearly sees noncompliance on virtual currency transactions as a threat to the tax system.

    As if the onslaught of recent losses in Tax Court was not enough, investors in syndicated conservation easements now have more to worry about. On August 25, 2020, the Senate Finance Committee released a bipartisan report condemning syndicated conservation easements as abusive and encouraging the IRS to take further action to ferret out such abuses.

    Lance Wallach has received hundreds of calls, 516-236-8440 to fight IRS and sue the promotors of conservation easement, captive, and cryptocurrency plans. Google him and your advisor, who do YOU trust? Wallachinc@gmail.com

  14. Last year, the IRS audit division identified cryptocurrencies as one of five areas where taxpayers could easily avoid taxes. IRS Criminal Investigations head Don Fort has said the agency will soon announce criminal tax evasion cases involving digital currencies. Lance Wallach receives hundreds of calls to help people who own cryptocurrencies avoid or fight the IRS audits. Contact him before its too late.
    516-236-8440
    Wallachinc@gmail.com

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