Tradeqwik Talks Wealth Management, Recommends Resources

in #tradeqwik7 years ago

We at Tradeqwik hope that each and every one of you succeeds in your cryptocurrency strategies beyond your wildest expectations. Beyond providing a great trading platform, we try to help a little with your endeavors by upvoting your blog posts if you are our customer. If you hold TQS, we share the profits from the trading fees with you. If you own Crowns, Treasury Rights, or VIP, you get a stake in future VIVA among other things. As more components of both Tradeqwik and the VIVAconomy itself come online, the opportunities to earn and grow more cryptos will only increase.

All this is to say that for many of you early adopters, the possibility of one day finding yourselves sitting on some significant wealth is very real (though not guaranteed). Today's article will provide some resources to help you best manage your wealth.

Navigating the legal and tax implications of blockchain technology

Depending on where you live, your cryptowealth gets really interesting to your government when you decide to take some profits in fiat money, or even sooner than that. There are taxes to pay and other ramifications. Everyone has to make their own decisions with the help of a competent financial planner and/or tax advisor. We recommend several books that can help get you started on thinking through the issues. If you own a business or would like to start one, these same books will give you insight into how cryptocurrencies and blockchain technology can fit in.

The Ultimate Bitcoin Business Guide for Entrepreneurs and Business Advisors by Kirk Phillips

The author of this book was a CPA minding his own business when one of his clients mentioned they'd like to invest $800 in a computer to mine Bitcoin and asked him what he thought. Having never heard of Bitcoin he told them he'd need to get back to them. This book is the result of where his initial research to answer his client's question took him. Phillips is one of the few CPAs who has expertise on Bitcoin and bloc chain technology and his book can help you understand it in terms of current business and tax climate in the US.

The Blockchain: A Guide for Legal and Business Professionals by Shawn Amuial, Josias N. Dewey, and Jeff Seul

This one is written by lawyers, so it should help answer your legal questions. It may also be the book to share with your local lawmakers as politicians the world over are grappling with how to view and regulate the emerging blockchain technology.

Asset Protection in Financially Unsafe Times by Arnold S. Goldstein and W. Ryan Fowler

When you have significant wealth, it's worth protecting, and it turns out that there are ways to structure your assets which can legally reduce your tax burden as well as protect you from lawsuits. There are also countries that excel in different aspects of asset protection. You can read all about it in this book by people who specialize in helping their clients protect their wealth and privacy so they can enjoy it and leave a legacy to their heirs.

One of the authors, Ryan Fowler, is offering a 10% discount on his services to anyone who mentions Tradeqwik when they contact him.

Growing your wealth on the fiat side through the sa770 account

As you are well aware, cryptocurrencies are high risk where you could easily lose your entire investment in a bad trade or a scam. We're all here because we have determined the risk to be worth it, but at some point you may want to move some of your wealth into a vehicle where it can grow steadily and you'll know it will be there when you really need it, like to retire or send your kid to college or just pay the bills.

Enter the sa770 account, an instrument that you fund for 5 to 7 years and which then continues to grow tax free until you choose to withdraw the funds. A specific type of whole life insurance policy, it is structured to maximize the life benefit rather than the death benefit. It is one of the oldest types of wealth growing vehicles with some providers having been in business since the 1800s, and yes, their policies made money even during the Great Depression. These policies are so attractive that big banks like Bank of America and Wells Fargo and other major corporations have invested billions of dollars into them, yet few people know about them.

Well, now you know and can learn even more here. You can contact The Hessed Financial Group with further questions and to set up your sa770 account.

Tradeqwik transparency numbers

In the mean time, you can continue making your trades on Tradeqwik. Stay tuned to the @tradeqwik station for all your Tradeqwik news. Here is how we're doing on our trading fees and funds this week.

Trading fees collected since last TQS dividend payment

currencyfees
GBG0.00000000
SBD5.12321192
GOLOS0.00000000
ETH0.09588848
LTC0.29043987
XAU0.00000000
BTC0.11143508
MXN63.20746000
VTR0.05000000
DASH0.00000000
VIP14.73285761
USD3.00097500
XWANG0.00000000
bitUSD0.00000000
vGX0.00000000
VIVA CROWNS0.01722578
EUR0.00000000
GBP0.00000000
RUB0.00000000
UAH0.00000000
TRAIL0.00004550
TQS0.35250000
DOGE0.00000000
STEEM7.62782725
VIVA38.75739478

Customer funds currently under Tradeqwik management

currencysum
bitUSD0.00000000
BTC25.79682453
DASH0.00000000
DOGE0.00000000
ETH37.43347225
EUR0.00000000
GBG0.00000000
GBP0.38858246
GOLOS233.47105959
LTC48.13517009
MXN5057361.35546999
RUB0.00000000
SBD8595.87412257
STEEM35290.99475000
TQS71407.32301012
TRAIL3162.40199486
UAH0.00000000
USD1135.39680865
vGX9999.75915726
VIP3842791.20012982
VIVA71164.42852991
VIVA CROWNS3684.25698532
VTR2604.66920418
XAU568.51606634
XWANG9796.92672742

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I made a small transaction to test the service and found it incredible, the rates are low and transfering from steem to tradeqwik is really easy and very fast, great job!!

My VIVA ID : 3685121884401445070

Thanks. I got you added :)

Your more personal approach to market exchange here on steemit and upvoter has convinced me that once this Bitcoin fork debacle is over I'll be moving my bitcoin over to @tradeqwik looking forward to moving my business to your market and wish Tradeqwik every success in the future!

Thank you so much for the kind words! We are happy to have you with us!

please introduce some referral program so that we can support you more .

I have read about crown on your website.
How can I become a crown member ?
@tradeqwik
Now I'm having my own VIVA ID : 6300943047548344992
And hoping you to support us.

I got your VIVA ID and added you to the automatic upvoting list. Right now the autovoting is down, though.

You can buy Crown on Tradeqwik (currently you can get one Crown at 695 VIVAs, which is around $4000). That's it. But you need full Crown(s) to be granted the rights of a Crown-holder.

Ok I'll make some decisions to buy 1 crown
i know 1 crown can give me a huge profit.
Thanks @deanliu

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5SBD fees is high though

Thats the total collected from ALL trades made since last dividend payout, I believe.

It is part of the TradeQwik's trading fees of last week.

You sound great! I'm checking your services out now. Resteemed.

Been enjoying the dividends from the TQS I hold, thanks for the book recommendations, will need to check out!

thanks for this, I will take a look to your website!

Hi friend, very good !!!!!
You would help me with a vote in my post., Thanks !!! ;)