Accounting, CryptoAccounting, Taxation

BTC is dropping…

btc

The value of bitcoins (BTC) is dropping – Coinbase Exchange, 17 Jan 2018 11:32, records a dip of £6,723.80 since last month – and alternative crypto coins, aka altcoins, are following the leader (see Coinmarketcap.com for comprehensive details).

However, be aware that dumping your wallet now not only generates lower income, it may make you liable to cryptotax. I cannot offer investment advice but when storms are raging, HODL may be a good option.

 

About Phoenix

Accountant | Tax Specialist | Mother | Entrepreneur | Blogger

Discussion

No comments yet.

Get in touch

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Follow PHOENIX DEBOLA on WordPress.com

Enter your email address to receive notifications of new posts by email.

Join 911 other followers

0044 780 370 4496
0044 207 059 2442

Phoenix Debola is licensed and regulated by AAT to provide services in accordance with licence number 1000701 details of which are displayed at the address shown. AAT is recognised by HM Treasury to supervise compliance with the Money Laundering Regulations and Phoenix Debola Cloud Accountancy Practice is supervised by AAT in this respect.

%d bloggers like this: