March 2022 - Blog LC Technology Bank

Investing in Cryptocurrencies Responsibly

2 minutes The cryptocurrency universe has never been as tempting as it is now. The constant growth of the market, in addition to the involvement of many celebrities, mainly in the purchase of NFT’s, all eyes are on the crypto market.However, you have to be aware, investing in cryptocurrencies can be quite risky. Here are three steps you can take to invest responsibly in cryptocurrencies. 1 – Make sure you have a solid financial foundation As we have already mentioned, the world of cryptocurrencies Continue→

How to avoid cryptocurrency frauds?

1 minute In the digital age where everything “becomes a trend” on social media, many celebrities and influencers have been investing and promoting cryptocurrencies, creating a true “FOMO” about crypto assets.However, it is necessary to be careful, because it is not always safe to trust these indications. There are already several cases of cryptocurrencies that were overvalued because they were supported by celebrities and soon after suffered catastrophic drops. What are cryptocurrency pump-and-dumps? Cryptocurrency pump-and-dumps are when people use misleading information to increase the Continue→

Why You Should Consider Cryptocurrency Insurance

1 minute Since the beginning, cryptocurrencies have been attracting attention. Its success and prevalence in the market, in addition to the high rates of income, made it difficult to ignore.The cryptocurrency market has been growing more and more, being considered one of the most active, with unprecedented transaction volumes in history. So many positive numbers tend to draw attention not only from investors, but also from criminals.Although cryptocurrencies are designed to be secure, they are often stolen or lost. These incidents don’t just happen Continue→

What are the main and most valuable cryptocurrencies on the market?

2 minutes What are the most valuable cryptocurrencies in your opinion? Cryptocurrencies have been drawing attention for some time, becoming one of the most talked about topics within the financial market.Price volatility is the subject of discussion among many investors, as well as generating curiosity and interest in those who have not yet invested.Here we will understand a little more about valuable cryptocurrencies and which are the main digital currencies on the market. What can be considered as cryptocurrency? In a short way, cryptocurrencies Continue→

9 Countries That Don’t Charge Taxes on Bitcoin Earnings

3 minutes One of the biggest concerns for anyone who wants to invest or is already investing in cryptocurrencies is tax liability. Each country is free to set its tax rates and how they will be charged, but some are friendlier than others.Here is a list of the nine most liberal countries related to the collection of taxes on profits earned from digital assets. 1 – Belarus Belarus is going through a testing period. In 2018, the law was created that legalized cryptocurrency activities Continue→