Smart Crypto investing
Updated: Jul 13, 2021
Over the last year or so we have seen a steady rise in our clients being the casual investor who simply stumbled across the crazy phenomenal growth of crypto prices having invested very little over the years. Most investments were punts into relatively new areas which could have gone either way but for the early adopters this went the right way! At the same time not every Altcoin has been so lucky and we have seen several fall away altogether losing investors thousands in the process. The golden investment rules that you should always keep in mind:
"Never invest money that you can't afford to lose"
Early investors have seen a phenomenal rise in their assets value turning some them into overnight millionaires with healthy asset portfolios. They can no longer take a punt on their tax liabilities; that's where an experienced qualified tax advisor helps to ensure UK laws are adhered to and you don't end up losing your gains.