6 Ways to Invest in Cryptocurrency (Including Tax-Friendly Options)

Money Girl

Macmillan Holdings, LLC

Investing, Education, Business, Entrepreneurship, How To

4.6 • 1.8K Ratings

🗓️ 8 December 2021

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Laura covers six ways to invest in crypto, including some clever, tax-advantaged options for avoiding capital gains taxes. You'll learn what cryptocurrency is, how to buy it, how it gets taxed, and a strategy to start stacking coins. Read the companion article on Quick and Dirty Tips. Check out all the Quick and Dirty Tips shows. Subscribe to the newsletter to get more personal finance tips. Join the conversation on Facebook and Twitter. Links: https://www.quickanddirtytips.com/ https://www.quickanddirtytips.com/podcasts https://www.quickanddirtytips.com/subscribe https://www.facebook.com/MoneyGirlQDT https://twitter.com/LauraAdams

Transcript

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0:00.0	Hey everyone and thanks for joining me this week.
0:08.2	My name is Laura Adams and I'm a personal finance and small business expert and author
0:13.3	who's been hosting the Money Girl Podcast since 2008.
0:17.0	If you are ready for more knowledge and motivation to prioritize your finances, make better
0:22.6	money decisions and build wealth, you are in the right place.
0:27.2	I create every show to make sure you come away with practical advice and tips that will
0:32.2	take your financial life to the next level.
0:34.8	I use many of your questions as the foundation for show topic.
0:39.0	So please let me know what you want to learn and explore here.
0:43.0	You can always leave me a voicemail message by calling 302-364-0308 and you can email
0:52.1	me using my contact page at LaraDatoms.com or you can connect with me on Instagram at LaraDatoms.
1:02.1	And if you're a long time listener you know that every week we publish a companion blog
1:06.7	post for the episode and you can find it in the Money Girl section at quickandirtytips.com.
1:13.1	Today's episode is number 710 called 6 ways to invest in cryptocurrency including tax-friendly
1:21.5	options.
1:22.5	I'm going to cover a ton of resources in the show so instead of trying to remember all
1:27.6	of them all you need to do is visit quickandirtytips.com, go to the Money Girl section and look
1:33.3	for episode 710 again called 6 ways to invest in cryptocurrency and you'll see the full
1:38.8	show notes with every resource link that I'm going to mention here.
1:44.2	If you're like me you have noticed that the use of various cryptocurrencies is exploding.
1:51.0	It seems like new coins and blockchain technologies are getting created every day.
1:56.4	It's a really really exciting space.
	...

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