In the Blockchain-a utopia for the future words like “money” exist only in the stories of the grandparents. You don’t pay everywhere with crypto-currencies, identify only the currencies you over the Blockchain and the Euro-value of your Crypto is not only irrelevant, it is even unknown. In the present, it looks a little different. In the case of Crypto-Investments, financial gain is still in the foreground. And therefore you are the question: “How much money do you have in your Bitcoin & Crypto Portfolio?” probably more frequently encountered – whether it be from curious friends or by yourself.You’re entirely free to decide whether you answer this question, or to the Knowledge of your (possible) riches for you want to keep. Most of the people choose a response, choose one of the following four options…
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1. My Bitcoin & Crypto Portfolio? I don’t want to know for all-day…
If you’re early, got in, and traded a lot have, will be gone, in all likelihood, some of your positions really well, while you’ve lost in other Investments a large part of your bet back. Especially in 2018 was a tough year for most investors. And while you can retract weddings probably theoretical gains of several thousand percent would have is your Bitcoin & Crypto Portfolio is probably now significantly less valuable than it once was. You really want to know exactly how much money you could have had? How much did you lost? It is very understand well, if you’d rather close your eyes to the harsh reality of the losses. No one is fond of watching his failures. And if you don’t know exactly how much you’ve lost, is the money really gone?If you have a run-in last year’s big losses, maybe there’s a silver lining on the horizon. The state is very good at it, to tax your gains best – but did you know that you also have your realized losses credited can? If you report it now, you can offset with future profits. If it looks with your Bitcoin & Crypto Portfolio in the future something better, you can save a lot of taxes!And if you’re one of the Lucky few who are still in the Plus, the tax office does not sleep. Due to the so-called Know-your-Customer legislation (KYC) you will always do better in the profits of the “tax evaders” to find. You will find you sooner or later. And if they have found you, you will have a very similar question as posed above: “How much money do you owe us?”Life could be so easy. Are you looking for a suitable Portfolio Tracker and optimizer which makes your taxes? Our friends from Accointing offer exactly: Portfolio Tracking, optimization, and taxation are made easy here. Get the Maximum in your tax Declaration. Sign up for free.
2. It should be about the XX Euro…
If you are a Hobby Investor, you hang in less turbulent times, probably not every five minutes at CoinMarketCap and you’re not quite so aware of that what Crypto-News. You probably have an approximate value of your Bitcoin & Crypto Portfolio in the head. A few euros are still on bitcoin.de a couple of ETH on Bittrex, you give your XRP on Poloniex and you still have a Wallet of any of the ICO, in which you have participated. As it were…?Of course, your perceived Portfolio value is pretty inaccurate. The Crypto market is very volatile. It may be that your ICO tenfold from then suddenly overnight its value, or simply disappears. As long as you run only a couple of Euro-shenanigans this might not be so bad. If you but a certain border crossing (and this is significantly lower than you might think), to do you have a real responsibility to your Portfolio. You look at your Bank statements, so why not your Bitcoin & Crypto Portfolio?
3. I can tell you exactly! I just need to find my Bitcoin & Crypto Portfolio table…
You’re a real numbers person. You’re a friend, in holidays, always budgeting, and afterwards can say exactly who is who to pay how much money. You get Crypto-notifications on your mobile phone and enter your revenue and expenditure in tables. You have an investment strategy which targets do you think you and your Bitcoin & Crypto Portfolio is balanced at any time. Before you in a project investing, you analyze the Team, the time, the business model and observation opportunities. Your tables are filled with the purchase date of each transaction, number of Coins and time. You can retrieve within a few minutes the entire value of your portfolio.Even if from the beginning book and maybe even some of the processes got automated, it is a lot of work to keep everything constantly up to date. Moreover, it is expensive to pull relevant information from your tables, especially the taxes.Did you already order your crypto-tax? A helpful Tool for editing and optimization of your crypto-control is the control Tool of Accointing. Get for yourself the Maximum in your tax Declaration. Sign up for free.
4. I can show you, look here in the App…
You’re an optimizer. You ask on a Sunday evening, your alarm clock for the whole week and to see you from time to time, how many steps you’re already gone. You’re not in the mood to deal with you for a long time with unnecessary tasks, like but the information you can pull out of automated solutions.The Bitcoin & Crypto Portfolio Management Tool, Accointing is just the thing for you:After you’ve spent half an hour with the Set-up, you can sit back relaxed – all of your purses and Wallets are now connected.From now on, shows you the Accointing App or the browser platform based on all the relevant information. Easy to understand and graphically. You have everything you need immediately in front of you.You can daily see how the value has changed your portfolio, compared to yesterday or last week or even in comparison to the previous year. You don’t have to call once more CoinMarketCap, because you can get the price development of all Coins in the App.Also, the calculation of your tax-efficient gains and losses is quickly and uncomplicated possible. Download the tax report from the platform down and give it to your accountant. Finished.With the new Accointing App, you know at any time what you, what you did and how it to the Crypto market is ordered. With the Web-based platform, you have even more options. Your Bitcoin & Crypto Portfolio is divided into shares of stock exchanges and Wallets, with your own individual purchase prices, holding periods and everything you need for your tax return.
Less effort more income for your Bitcoin & Crypto Portfolio
With a Portfolio Management Tool such as Accointing, you will receive within a short time a perfect Overview of your Crypto Investments. The setup takes only a few minutes, and if you have connected your Exchanges update automatically, if you’re buying on the stock markets or something to sell. Accointing make Crypto easy. Sign up for free today at Accointing and test the new App and do your Crypto life easier.Do you still have questions about the product or the taxation of Cryptos? Then come in the Telegram Chat of Accointing and put the experts your questions!