Practical Tips & Insights for your Best Financial Life
The "B, C, Ds" of Bitcoin, Cryptocurrency, Blockchain ... and ICOs
Once believed to be the tools of "bad people" cryptocurrencies, their underlying technology (Blockchain or Distributed Ledger Technology (DLT)) and Initial Coin Offerings have moved into mainstream conversation and investing.
The IRS Is taxing, governments are creating regulatory frameworks, mainstream players are entering the game, and financial institutions are introducing new investment vehicles every day.
Investors could already buy cryptocurrencies directly, buy funds investing in cryptocurrenies and blockchain companies, and participate in ICOs. Now, for better or worse, investors can buy cryptocurrencies with retirement funds.
What do you need to know to respond in your best interest to marketing: "Invest in bitcoin, ethereum, & other cryptocurrencies within your IRA or 401(k) today" ? How do you responsibly participate, avoid "FOMO" (fear of missing out) and protect your long-term financial health?
With mainstream entries and cryptofunds being introduced into IRA accounts its critical to increase your knowledge base.
This is our goal - to provide you with the objective and accurate relevant knowledge and guidance you need to make investing decisions that are in your best interest.
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April 8, 2018
Soros & Rockefeller Funds ready to play in Cryptocurrency & ICOs.
Rockefeller venture fund, Venroc, has partnered with Coinfund, best known for Coinlist – facilitates ICOs, and chat maker, Kik, to “mentor, advise and support teams of cryptocurrency startups.”
Did you ever wonder why Britain withdrew its currency, the pound, from the European Exchange Rate Mechanism in 1992? Meet George Soros, considered to be the world's premier currency speculator. Read story here
Soros' ability to "break the GBP" and move fiat currency markets should not be forgotten - especially given the 40% fall of Bitcoin from highs in December 2017.
With Bitcoin down significantly since Soros dismissed cryptocurrencies, Soros Fund Management, with $26 billion in assets, may be ready to start trading. Reaad story here
With mainstream entities entering the market and cryptofunds being introduced into IRA accounts it is important to improve your knowlege base and receive accurate objective news of relevant developments.