Joel Nagel

Cryptocurrency and Your Plan B

I recently attended the Miami Crypto Experience and as the name would indicate, it was indeed a great experience. There was no shortage of enthusiasm there about Bitcoin and other cryptocurrencies, and that is quite understandable considering the successes that they reported having with these currencies in recent years. An incredible movement has been spawned, which has snowballed as more people get involved and recognize cryptocurrency as a store of value, in turn driving the currency even higher. As many have encountered newfound wealth, it is only natural that they begin thinking about how to protect that wealth. If we couple that with the changes that our capital-gains structures will be experiencing, particularly over the course of the next year, along with the events and instability of the past year, we can begin to understand the importance of protecting our assets even more.