5 MISCONCEPTIONS ABOUT CRYPTO THAT ARE COSTING YOU MONEY… - Crypto Consulting Institute
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5 MISCONCEPTIONS ABOUT CRYPTO
THAT ARE COSTING YOU MONEY…

Are you missing out on financial opportunities in the fast-paced world of crypto investments? Common myths and misconceptions can lead to costly mistakes. At CCI, we are dedicated to providing accurate information and education to help you succeed.

Our leading role in identifying the costs of incorrect assumptions gives us unique insight into the world of crypto investments. By debunking myths and providing accurate information, we help you avoid financial losses and achieve your investment goals.

Stay ahead with CCI’s expert guidance and education. Our team is committed to providing the most up-to-date information and strategies for successful investment in crypto.

Don’t let common myths and misconceptions hold you back. 

Here are Five common misconceptions that we know you’ll find valuable

1. Crypto is a poor investment because no one believes in it.

The mainstream media often presents MISLEADING and FALSE headlines about Bitcoin, adding confusion for investors in the complex cryptocurrency industry. Despite being declared dead 471 times and counting, Bitcoin continues to THRIVE.

Some of the world’s top investors, including Jack Dorsey, Elon Musk, Bill Gates, and Paul Tudor Jones, ADVOCATE for digital currencies.

Leading companies such as Berkshire Hathaway, JP Morgan Chase, PayPal, Grayscale, Paypal, and Square are also INVESTING in digital currencies and blockchain technology.

Don’t let the NOISE distract you – become part of the 1% of informed investors who understand the seismic shift happening in finance.

Stay ahead of the game by learning about the UNPRECEDENTED GROWTH in digital currencies and how to make money from it.

Our experts have helped hundreds of clients navigate the crypto waters and make informed investment decisions. Join the DIGITAL CURRENCY REVOLUTION and make your financial future a success.

2.  Bitcoin is the ONLY coin worth holding

HARD-CORE MAXIMALISTS believe that everything apart from Bitcoin is a “Shitcoin” & see it as the only legitimate form of digital currency. They think others are there to just earn more Bitcoin.

It’s for you to decide, but it’s crucial to keep an OPEN MIND. Although not all projects are equal, there is room for multiple winners in this space. While Bitcoin is the original, it has limitations. That’s why we see other coins that aim to address their weaknesses and solve real-world problems. Ethereum, ADA, Neo, & EOS, for instance, use blockchain to layer software.

With our help, you can identify these BIG OPPORTUNITIES. Bitcoin is up 390% since March while Ethereum is up almost 500%. Being closed-minded could limit potential returns. Bitcoin’s potential gains may be lower compared to smaller market cap tokens. As a client, you’ll identify different cryptos, what makes them UNIQUE, and their inherent value. Do your research & due diligence, but we’re here to help & support you with our blueprint & step-by-step strategies

3. I only worry about taxes when I sell my Crypto for fiat currencies

If you’re trading cryptocurrency, be aware that every time you trade one cryptocurrency for another, it counts as a taxable event. Ignoring this fact could cost you big money down the road, even if you’re not aware of the taxes you owe.

While it’s frustrating to track every purchase you make, it’s essential to stay on top of your tax liabilities. Reputable exchanges usually have a transaction log that you can send to your accountant. The Australian Taxation Office (ATO) also has a landing page dedicated to crypto taxation, which is worth checking out.

At our company, we understand the importance of managing crypto taxation. That’s why we’ve partnered with a leading crypto tax expert who can provide an in-depth document and help you understand your tax liabilities. By staying informed and working with experts, you can avoid costly mistakes and keep your crypto portfolio in good standing.

Always Remember! Any time you trade your cryptocurrency for another cryptocurrency it is a taxable event. 

Remember, it’s always better to be proactive than reactive when it comes to taxes. Don’t fall into the trap of assuming that cryptocurrency trades are tax-free. Stay informed, stay organised, and work with experts to keep your finances in order.

4. BTC has no use case 

Wrong. Bitcoin has proven to have multiple strong use cases that cannot be easily dismissed. To fully understand the impact of cryptocurrency, it’s essential to stay up-to-date on both internal and external factors that affect the market.

The current global landscape, including events such as Coronavirus, Brexit, Hong Kong, Lebanon, negative interest rates, and endless money printing, all point towards the need for a decentralised digital currency that is immune to economic instability.

At our company, we cover these events in detail to provide our clients with the best possible edge in the market. With the race to devalue currencies, the need for a deflationary store of value that is global, fast, and accessible to anyone with a smartphone has never been more critical.

As banks introduce negative interest rates and governments restrict cash withdrawals, it’s only a matter of time before the financial powder keg ignites. Many of our clients who have been through the GFC understand the importance of positioning themselves strategically for what’s about to happen next.

By staying informed and working with experts, you can prepare yourself for the coming storm and ensure that your finances are protected. Bitcoin and other cryptocurrencies offer a viable solution to the challenges facing traditional fiat currencies, making them an attractive option for investors looking to navigate an uncertain global market.

5. Only criminals use crypto – Crypto is bad!

One of the most common misconceptions about Bitcoin is that it is primarily used for criminal activity. This misconception can lead to missed opportunities and lost money due to fear of investing in cryptocurrency.

One of the most common misconceptions about Bitcoin is that it is primarily used for criminal activity. This misconception can lead to missed opportunities and lost money due to fear of investing in cryptocurrency.

However, the data shows that this is not the case. According to a leading blockchain research firm, Chainanalysis, fiat currencies are used 800 times more than Bitcoin to launder money. In fact, as of 2018, BTC only accounted for 1% of illicit activity on the dark web.

While it is true that Forbes has reported that Bitcoin accounts for 72 billion dollars worth of criminal activity per year, this is a small fraction when compared to the role traditional currencies play in illegal activities.

A report has documented that 80% of all US Dollars in circulation contain trace amounts of cocaine, indicating that the drug trade through much of the Americas uses the US dollar due to its anonymous nature.

In contrast, all Bitcoin transactions are immutable and recorded on the ledger, which poses obvious problems for criminals using it for clandestine activities. Compared to largely untraceable paper bills, Bitcoin’s traceability is a significant advantage in the fight against criminal activity.

It is important to separate fact from fiction when it comes to Bitcoin and other cryptocurrencies. While there may be some instances of illegal activity, the data clearly shows that traditional currencies are used far more frequently for criminal purposes. 

By understanding the facts, you can make informed decisions about investing in cryptocurrency without fear of being associated with illegal activities.

Have you been sitting on the sidelines letting fear and the media control your decisions?

To learn how we have shown hundreds of sophisticated investors enter this space SAFELY and SECURELY…

and how to POWERFULLY and SUCCESSFULLY approach the BEST PERFORMING ASSET CLASS OF ALL TIME…

Message us and find out more – Click here!

Joe Shew
Founder & CEO of Crypto Consulting Institute 

Sam McDonald
Head Analyst

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Let's work together to achieve your goals.

I am Joe, CEO and Founder of Crypto Consulting Institute, Australia's top-rated crypto education company. With my passion for finance and years of stock market experience, I have helped thousands of investors transition to sophisticated investors using my proven 5 Pillar Investment System. Our team has created over $55 million in profits to date, and we continue to grow.

My alternative thinking and education in cryptocurrencies since 2014 allowed me to quit my day job and follow my passion of investing and helping others achieve financial freedom. With my success, I have been featured on NASDAQ, Channel Ten, Channel Nine, and Dollars With Sense TV, as well as speaking at global events such as Barclays Bank in London and the Bitcoin and Blockchain Fair.

Recently, I was headhunted by Tradesmith, a US-based investment technology company tracking over $30 billion in clients' invested capital. I now help traditional investors safely invest in the digital asset economy. My success and expertise in the industry speak for themselves, and I am dedicated to continuing to help others achieve their financial goals.

Hear What Our Clients Are Saying

Zero knowledge of cryptocurrencies? This man became a millionaire. Anything is possible with the right education in place!

Mark went from having zero knowledge of cryptocurrencies to turning $150k into $3Million in 4 months, whilst recovering from an illness!

The bank wouldn't give him a home loan even though he was working 2 jobs! Until CCI entered, and give the right strategy.

Adrian hits his first $1M in crypto within 3 months of working with us!

Well 10 days after we shot this, he hit his second million. And now just 16 months later, he has surpassed $15 MILLION USD!

For most people, this level of returns are unfathomable.

We simply gave him the tools and crypto strategies and Adrian ran with it!

I am not suggesting that all of our clients are performing on this level.

CCI simply demonstrating that we are incredible at helping people achieve their full potential.

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Prior crypto trends have exploded 1,785%, 2,846% and 8,800%... This opportunity is not to be missed!

Be at the forefront of these explosive trends with insights from a crypto team with over 40+ years combined experience!

Let's work together to achieve your goals.

I am Joe, CEO and Founder of Crypto Consulting Institute, Australia's top-rated crypto education company. With my passion for finance and years of stock market experience, I have helped thousands of investors transition to sophisticated investors using my proven 5 Pillar Investment System. Our team has created over $55 million in profits to date, and we continue to grow.

My alternative thinking and education in cryptocurrencies since 2014 allowed me to quit my day job and follow my passion of investing and helping others achieve financial freedom. With my success, I have been featured on NASDAQ, Channel Ten, Channel Nine, and Dollars With Sense TV, as well as speaking at global events such as Barclays Bank in London and the Bitcoin and Blockchain Fair.

Recently, I was headhunted by Tradesmith, a US-based investment technology company tracking over $30 billion in clients' invested capital. I now help traditional investors safely invest in the digital asset economy. My success and expertise in the industry speak for themselves, and I am dedicated to continuing to help others achieve their financial goals.

Hear What Our Clients Are Saying

Zero knowledge of cryptocurrencies? This man became a millionaire. Anything is possible with the right education in place!

Mark went from having zero knowledge of cryptocurrencies to turning $150k into $3Million in 4 months, whilst recovering from an illness!

The bank wouldn't give him a home loan even though he was working 2 jobs! Until CCI entered, and give the right strategy.

Adrian hits his first $1M in crypto within 3 months of working with us!

Well 10 days after we shot this, he hit his second million. And now just 16 months later, he has surpassed $15 MILLION USD!

For most people, this level of returns are unfathomable.

We simply gave him the tools and crypto strategies and Adrian ran with it!

I am not suggesting that all of our clients are performing on this level.

CCI simply demonstrating that we are incredible at helping people achieve their full potential.

Age doesn't MATTER! - A 72 Year Old Crushes It In Crypto

Some people think crypto is too ‘difficult’…

Well Peter completely dismissed that though and transitioned a large holding of his stock portfolio to gain exposure to this revolutionary asset class.

In this video Peter outlines how his portfolio exploded!

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Let's work together to achieve your goals.

I am Joe, CEO and Founder of Crypto Consulting Institute, Australia's top-rated crypto education company. With my passion for finance and years of stock market experience, I have helped thousands of investors transition to sophisticated investors using my proven 5 Pillar Investment System. Our team has created over $55 million in profits to date, and we continue to grow.

My alternative thinking and education in cryptocurrencies since 2014 allowed me to quit my day job and follow my passion of investing and helping others achieve financial freedom. With my success, I have been featured on NASDAQ, Channel Ten, Channel Nine, and Dollars With Sense TV, as well as speaking at global events such as Barclays Bank in London and the Bitcoin and Blockchain Fair.

Recently, I was headhunted by Tradesmith, a US-based investment technology company tracking over $30 billion in clients' invested capital. I now help traditional investors safely invest in the digital asset economy. My success and expertise in the industry speak for themselves, and I am dedicated to continuing to help others achieve their financial goals.

Hear What Our Clients Are Saying

Zero knowledge of cryptocurrencies? This man became a millionaire. Anything is possible with the right education in place!

Mark went from having zero knowledge of cryptocurrencies to turning $150k into $3Million in 4 months, whilst recovering from an illness!

The bank wouldn't give him a home loan even though he was working 2 jobs! Until CCI entered, and give the right strategy.

Adrian hits his first $1M in crypto within 3 months of working with us!

Well 10 days after we shot this, he hit his second million. And now just 16 months later, he has surpassed $15 MILLION USD!

For most people, this level of returns are unfathomable.

We simply gave him the tools and crypto strategies and Adrian ran with it!

I am not suggesting that all of our clients are performing on this level.

CCI simply demonstrating that we are incredible at helping people achieve their full potential.

Age doesn't MATTER! - A 72 Year Old Crushes It In Crypto

Some people think crypto is too ‘difficult’…

Well Peter completely dismissed that though and transitioned a large holding of his stock portfolio to gain exposure to this revolutionary asset class.

In this video Peter outlines how his portfolio exploded!