Risks & Rewards Of Investing In Bitcoin

Broker-Dealer Renews Call

The U.S. Securities and Exchange Commission (SEC) has released new guidance on digital tokens and ICOs. The agency, in its statement, revealed that it had been investigating the issuance of tokens connected to The DAO, the ethereum-based funding vehicle that collapsed dramatically last summer following an exploit of a flaw in its code.

Per the SEC, those “DAO tokens” constitute securities, though the agency said that it was not going to pursue any charges in connection with the project, but is releasing its finding “to caution the industry and market participants.”

Bitcoin Price Rallies Positive Newsflow

Investment Trust gaining regulatory approval for a public market listing in the United States. News of the Bitcoin Investment Trust gaining regulatory approval for a public market listing in the United States broke yesterday, giving bitcoin bulls reason for cheer. The fund plans to make its shares available for trade on a US ‘over-the-counter’ market, potentially bringing increased liquidity into the bitcoin markets. Trading data on major exchanges showed OKCoin and Bitfinex leading the rally Friday, with an increase in volume at 3:38am on both platforms, according to data from Cryptowatch. Bitstamp followed suit three minutes later, as did the Coinbase exchange.

Bitcoin Sets Record High Near $18k

Having successfully defended $16,000 earlier this week, bitcoin regained big tone today and clocked.  The cryptocurrency rose to a new lifetime high of $17,801.94 at 10:30 UTC, erasing the previous record high of $17,631.42 set on Dec. 12, as per Bit.Co’s Bitcoin Price Index (BPI). Bitcoin (BTC) has spent a better part of the last week trading sideways amid sharp gains in alternative cryptocurrencies, falling to $16,000 at points, before rising 8 percent in the last 24 hours. Still, the repeated rebounds from $16,000 levels are likely evidence of a strong “buy the dip” mentality among traders. That said, the price chart analysis shows that bitcoin could make a push towards the $20,000 mark ahead of the BTC futures by listing this Sunday.

Cryptocurrency – Who Are Involved With It?

Since the moment of Bitcoin’s appearance, I started some kind of a heavy research about the people involved with it and what the top entrepreneurs can say something regarding the blockchain technology and cryptocurrency. A number of very notable and remarkable quotes from powerful global business entrepreneurs aware of their opinions that is related to blockchain technology, virtual currencies, cryptocurrencies, digital currencies and free payment systems. One vital note is to take after sort of speak money trail. As one may have observe the investment of Venture Capital with these digital technologies and currencies which increased from just two million in 2012 to one billion in 2015.

Are There Taxes On Bitcoins?

Bitcoin is a virtual currency that uses cryptographic encryption system to facilitate secure transfers and storage. Unlike a fiat currency, bitcoin is not printed by a central back, nor is it backed by any. Bitcoins are generated by what is called mining—a process wherein high-powered computers, on a distributed network, use an open source mathematical formula to produce bitcoins. It takes real high-tech hardware and hours or even days to mine bitcoins. One can either mine bitcoins or buy them from someone by paying cash, using a credit card, or even a PayPal account. Bitcoins can be used like a fiat world currency to buy goods and services.

Leave a Reply

Your email address will not be published. Required fields are marked *

Translate »


Any and all information provided on should not be taken as financial advice.

The price of WEFI Tokens are unpredictable, therefore, you should never expect a return.

WEFI is a utility token offering rewards for as long as you hold the tokens. Further, rewards are given for long-term holders.

WEFI has chosen to be fully transparent and renounced ownership of the token. This means there are no owner-only functions and the code cannot be modified.

Actual physical tokens are not provided. No one is given anything except the distribution of numbers that changes based on who wants to run the code. Everything is handled by code that cannot be altered. What you see is what you get. There are no guarantees.

Please don’t expect profit others’ work. People compensate the Binance network to execute code. These are just a bunch of executed numbers that are accessible via the internet.

Cryptocurrency, blockchains, and smart contracts are high-risk investments. DO NOT expect to earn a profit and be prepared to lose money.

DO NOT expect to benefit or profit from the work of others.

You will get reflections on every sell transaction executed by a smart contract. This will never change and is automatic on every sell transaction that is made on Pancake Swap, a decentralized exchange.

WEFI is not categorized as an investment enterprise. WEFI is not a security because there is no investment contract and we offer utilities to our holders.

Royalty Rewards are distributed to token holders automatically to people who register their tokens. These are based on royalty financing contracts made with WEFI Lending.

NO investments of money are exchanged for equity.

As with any investment, talk to licensed professionals and do your own due diligence to make more informed educated decisions.

Terms and Conditions

You acknowledge that by accessing the website, you agree to these terms set here and all applicable laws and regulations. You are in compliance with local laws. You are prohibited to use this site if you are not in agreement with these terms.

Use License
You may use this website for your personal noncommercial use only. You may not modify or copy the materials, use the materials for commercial use, or use for any commercial or noncommercial public display. This license will automatically terminate if you violate any of these conditions and may be terminated by WEFI, LLC at any time.

All materials at website is provided on an ‘as is’ basis. WEFI LLC makes no warranties, expressed or implied, and hereby disclaims and negates all other warranties, including, without limitation implied warranties or condition. WEFI LLC does not warrant or make any representation converny the accuracy, likely results, or reliability of the use of the materials on its website or otherwise relating to such materials on any sites linked to this site.

In no event shall WEFI LLC be liable for any damages from the use or inability to use the materials of the website.

Accuracy of Materials
The materials appearing on the website could include technical, typographical, or photographic errors. WEFI LLC does not warrant that any of the materials are accurate, complete, or correct. WEFI LLC may make changes to the materials contained on its website at anytime without notice.

WEFI LLC may revise these terms of service for its website at any time without notice. You agree that you are bound by the then current version of terms and conditions