Okay... it's not every day that I'm hoping that the price of crypto-currencies will fall... but in the last couple of days, I've been pretty happy to see it fall a good chunk.... of course, like many things in the financial field of things, this is a purely self-interested hope!
It turns out that this week or so, I should be paid for a some work that I've done in crypto. However, the payments are quoted in USD equivalents, so the longer that the payments are delayed in processing... well, the longer I can hope to head into this (hopefully) minor-ish dip. So, with the recent drops in the price of various crypto-currencies against the US dollar, this has made for a nice 5-10% increase in coin/token amounts that I will receive (assuming that people are playing fairly....). Not too bad for getting stupidly lucky due to no actual fault of my own!
So, for the moment... I'm happy to see a sea of red... and in some ways, I'm perversely hoping for a good chunk more red on the charts for the next few day! After that, things can get back to normal... although, I hear that there are mixed signals about how things are going for the traders and miners. So, something to keep in mind.
Still, in the long term I'm hopeful for the future of the idea of crypto-currencies... although, not foolish enough to think it will be the only basket to put eggs into. However, it is something that is an alternative hedge against other investments.... time will tell if that is a correct and wise choice... on the other hand, anything that I have in crypto, I have written off as a zero.... until the time comes to check properly in a year or decade or two.... if there is still worth, I will be pleasantly surprised.... if there is nothing, it will be not too disappointing, as the expectation was that it was always going to be a risky and long-shot investment. Definitely not something that it is wise to build your entire future foundations upon!
Still... a week of slaughter will be nice in the short term for me!
Not sorry!!!!
Looking for a quick and easy way to keep track of your cryptocurrencies? Coin Tracking offers a free service that includes manual tracking or automatic tracking via APIs to exchanges, allowing you to easily track and declare your cryptocurrencies for taxation reports. Coin Tracking can easily prepare tax information sheets that are catered to each countries individual taxation requirements (capital gains, asset taxation, FIFO). Best to declare legally and not be caught out when your crypto moons and you are faced with an unexpected taxation bill (unless you are hyper secure and never attach any crypto with traceable personal information, good luck with that!).
Ledger is one of the leading providers of hardware wallets with the Ledger Nano S being one of the most popular choices for protecting your crypto currencies. Leaving your holdings on a crypto exchange means that you don’t actually own the digital assets, instead you are given an IOU that may or may not be honoured when you call upon it. Software and web based wallets have their weakness in your own personal online security, with your private keys being vulnerable in transit or whilst being stored upon your computer. Paper wallets are incredibly tiresome and still vulnerable to digital attacks (in transit) and are also open to real world attacks (such as theft/photography).
Supporting a wide range of top tokens and coins, the Ledger hardware wallet ensures that your private keys are secure and not exposed to either real world or digital actors. Finding a happy medium of security and usability, Ledger is the leading company in providing safe and secure access to your tokenised future!
Upgoats by ryivhnn
Account banner by jimramones
The classical music community at #classical-music and Discord. Follow our community accounts 
