Post
Topic
Board Service Announcements
Re: Do I really have to pay taxes on crypto investments?
by
altcoinman
on 17/06/2020, 10:01:58 UTC
cryptocurrency is now difficult to consider as an investment asset. Perhaps the situation will change in the future, but this requires the adoption of laws on raising capital in tokens and the regulation of the cryptocurrency market by central banks.
Invest, but remember about the risks.

the current crisis is an opportunity to invest in stocks since after removal of the quarantine their value will recover. I missed the ideal moment to purchase securities during the March recession, but there are still good opportunities...

As demand recovers, stock prices of manufacturers of sports equipment and clothing, travel accessories and more are also likely to rise. However there is a risk that many companies will go bankrupt as the quarantine is extended.
Another potential risk is the abolition of dividends. Boeing CEO Dave Calhoun said shareholders will not receive dividend payments for another 3-5 years until Boeing regains its financial position. This is possible with other companies, which will make their securities less attractive for investment and of course will slow down the recovery of value.