AN OVERVIEW OF THE RISKS OF VIRTUAL MONEY Cryptocurrency — Is It Safe?
When people hear the word “cryptocurrency,” some may associate it with cybercriminals and unscrupulous activity. But is using cryptocurrency actually safe? Let’s take a look at several common concerns to answer that question.
Not all cryptocurrencies are “unhackable,” however. In 2018, hackers robbed Coincheck investors of nearly $534 million.
IS CRYPTOCURRENCY SAFE TO USE?
IS CRYPTOCURRENCY SECURE?
Currently, it’s perfectly legal to buy and sell with cryptocurrencies. In fact, if you use a crypto exchange like Gemini, many big-box merchants have partnered to trade and sell their goods for cryptocurrencies like Bitcoin. If you’re considering putting most of your funds into cryptocurrency to use like a checking account, however, it may not be the best decision. The market fluctuates dramatically, even if the values have, overall, risen to enormous highs over the past few years.
If you put your money into a bank insured by the Federal Deposit Insurance Corporation (FDIC), you know your money is safe (unless something extremely drastic happens to the economy). However, if you put your money into cryptocurrency, you might wonder if it’s secure or whether hackers can take it from you. Luckily, the blockchain technology of cryptocurrency records every single transaction as timestamped “blocks” in a digital ledger. Additionally, every transaction requires a two- factor authentication process. It’s a complex, technical process, but it makes cryptocurrencies extremely difficult to tamper with, especially the biggest currencies like Bitcoin or Ether.
invest or play the market. Just make sure to keep your cryptocurrency portfolio diversified, and don’t invest too deeply in one currency over another. Research the cryptocurrency exchange you plan to use. Never invest more than you’re willing to lose, and try to talk with experienced crypto investors to gain their tips and insights. By utilizing this knowledge, you can use crypto thoughtfully and safely, and you’ll have some insights to share when people ask you the same questions.
IS CRYPTOCURRENCY SAFE TO INVEST IN?
As a newly created market, cryptocurrency is still fairly volatile in the eyes of financial experts. However, that doesn’t mean it’s a bad idea to
Boost the Worth of Your Investments the Easy Way
LET ME CREATE VALUE OUT OF THIN AIR!
Yes, you read that right: I create value out of thin air! Before I tell you how, I want to clarify that I am not on some kind of “ego trip.” Nor will you see me in Vegas performing any magic shows! What I am talking about is creating hundreds of thousands of dollars in value through apartments ... by reducing pain-in-the-butt taxes. Frankly, I do a very, very good job of this — and your wallet can benefit! Right now, I’m about 80% through working on property tax assessments for our apartments and those of other landlords and investors who hired me to find untapped value in their properties. Across all of those properties, I’ve created a seven- figure jump in value! I successfully reduced one apartment owner’s taxes by $50,000. Yep, $50,000! That means their property is now worth $700,000 more than it was yesterday, and I added $50,000 of income to their bottom line. Let that sink in a minute.
I also won a $20,000 reduction on the taxes of three apartment properties. I increased the overall value $250,000 in a matter of days WITHOUT spending any money on capital improvements. Let that sink in! I know it probably seems impossible to add hundreds of thousands to your net worth with NO WORK. But it IS possible if you know what you are doing — and I do. In fact, I’m obsessed with it. Right now, the tax assessors hate me. They want me to leave the state. But I’m not going anywhere! I even plan on showing up in court if that’s what it takes to get our taxes lowered. I do this for all of the projects I am personally involved in, and it’s just one of the ways I create value for my fellow investors, my partners, and myself.
I’ve even boosted the value of properties I’ve owned for years! This is why other landlords and investors hire me to find untapped value in their properties. I can help you, too. If you are as obsessed with investing as I am, what are you waiting for? Call me at 319-350-5378 or email Darin@HeartlandInvestmentPartners.com to start adding value today.
–Darin
Of course, I can’t work magic with every property. Not every project is a home run, but many are.
2 DARINGARMAN.COM
Published by Newsletter Pro • www.NewsletterPro.com
Made with FlippingBook Ebook Creator