Hello everyone, I would like to collect information to guide and help first time investors with crypto.
There are a lot of resources out there but it can be confusing and overwhelming sometimes. So, my idea is to touch a few point with some questions here and ask to the most experts to dress this questions. (you don't need to answer all of the below questions)
- What do you recommend before invest any money?
- Based on what do you buy a specific cryptocurrency instead of another one?
- What's the minimum budget recommend to start?
- What's the best crypto wallet that you recommend?
- Do you recommend trade, stake, mine or hold your crypto and why?
- Do you keep all your crypto always on Binance?
- What's the best platform you recommend to keep track of your transition (for taxes) and why?
- Is there a minimum yearly income that you recommend before reporting taxes? (example, if you get less than Β£4000 yearly)
- Do you need to be registered somewhere to declare your income from crypto?
I'm not sure if I missed something but feel free to add more if you want.
Thank you!
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