The end of the crypto year is upon us. From the perspective of crypto fans, 2022 has been extremely exciting, dramatic and, last but not least, very dynamic. Looking back over the last few months, the bankruptcy of FTX and the takeover of Twitter by Elon Musk have certainly dominated the news. The impact of the crash of Sam Bankman-Fried’s former high-profile project, one of the largest crypto exchanges, FTX, will still be felt in 2023. It is also worth taking a look at other CEXs, like Binance or Coinbase.
Nevertheless, there are still several good investment opportunities and opportunities in 2022, especially for beginners and private investors.. Anyone who has ever successfully traded crypto should be thinking about the crypto taxes of 2022. Professional miners should have already registered their business and should also organize their tax affairs in a timely manner.
Invest in Bitcoin
Even though some experts are already predicting the end of the most successful cryptocurrency, now is a good time to get into crypto trading, as low prices make investing affordable even for beginners and small investors. You can put Bitcoin in your wallet as a physical coin or buy it as a CFD from a CFD broker like eToro or Libertex. You speculate on the future price development of Bitcoin and can also profit from falling prices.
Do you want to buy Bitcoin directly? Here is a comparison of the best bitcoin wallets.
Take sustainable cryptocurrencies to the deposit
German investors are increasingly interested in sustainable investments. This is promoted by the EU with the ESG standards and it is therefore already regulated by classical market law that consultants must recommend to their clients a sustainable investment in consulting. With cryptocurrencies, there are several alternatives to Bitcoin, with IMPT, the 2022 green coin, in the lead.
At IMPT, by purchasing the $IMPT utility token, you gain access to the CO₂ certificate trading platform, where you can benefit from ever-increasing energy prices. It is very easy, because the Do companies in this country and across the EU have to pay for the emission of CO, a gas harmful to the climate? acquire certificates. These can be purchased directly from private investors through platforms such as IMPT, and as demand increases the certificates are becoming increasingly expensive. In addition, there are legal price specifications from the federal government, according to which the prices of CO certificates? will increase to at least 55 to 65 euros by 2026.
IMPT: The Green Room
The IMPT presale will soon be over and you can Buy IMPT tokens via CEX like LBank or Uniswap. In the meantime, the project has already collected more than 15 million USD and other well-known partners like Amazon, Samsung, Booking.com or Bloomingdales and Bodega.
Put sustainable investments like IMPT green coin in deposit now!
Discover new cryptocurrencies
There is a lot going on in the crypto market, which is also due to the sensational pre-sales of new cryptocurrencies such as Dash 2 Trade, RobotEra or Calvaria. You should add a new cryptocurrency to your portfolio before the end of the 2022 crypto year, as experience has shown that the growth opportunities for pre-sales are above average.
Private investors are particularly addressed by crypto pre-sales and can already invest in a promising project with small sums. You will usually receive utility parts and tokens at a preferential price via presales.
Here we have collected other promising cryptocurrencies for you.
Dash 2 Trade brings trading signals to the crypto world
Trading signals such as technical indicators or chain analysis help investors find the right strategy. Without a strategy, most investments are not very lucrative and investors quickly become frustrated. Dash 2 Trade now gives you a simple dashboard to see all the important signals for the right time to buy and sell.
With the strategy tester you can Have your existing trading strategy checked by smart software and the trading community with over 40,000 active traders. Investing in crypto using professional trading signals has never been easier. With Dash 2 Trade, everything is clearly displayed and can be operated intuitively.
Put your investment on a new level with Dash 2 Trade.
RobotEra: strategic P2E game
Notice to strategists: trade signals in battle for the planet Taro, which, after a savage battle, leads an empty and desolate existence. Help Taro and become a robot. With the P2E RobotEra game, you can build up passive income, so put it to deposit quickly before the crypto year ends. Enjoy the entertainment value and learn how to invest smarter with simple instructions.
To save the planet Taro, you will receive valuable NFTs that can be collected or sold. For playing RobotEra and reaching special levels, you will be rewarded with new $TARO coins. You can either keep them in the wallet and wait for positive price increases, or reuse them in-game for in-game items. In any case, RobotEra is one of the coins that could explode in 2023.
Fight for the right side and revitalize planet Taro.
Calvaria: Spanish Mythology NFT Card Game
Card games are the favorite pastime of many people. Now, thanks to NFT technology, virtual gambling is also available, with which you can even generate additional income. It’s very simple, you just have to buy the $RIA token in presale and you’re done. Based on Spanish mythology, you and your characters battle darklings and other evil characters in the underworld.
For good to win in the end, you need special abilities, which you get through a limited NFT. Keep this or sell the NFT afterwards. Holding the utility token is also recommended, as the listing on crypto exchanges will follow after the presale ends. In most cases, this is accompanied by a price increase. Moreover, the price of the Calvaria Coin is already increasing with each new presale phase, which means an automatic increase in value.
Embark on a journey into Spanish mythology with Calvaria.
2022 crypto taxes are due soon
Taxes on cryptocurrencies are an important subject with a great need for information. We have therefore summarized the basic rules here in a simplified form. You pay tax on cryptocurrencies if you:
- Receive your salary in cryptocurrencies
- Trade cryptocurrencies and sell them before the one-year holding period
- Selling NFTs before the end of the 1 year holding period
- Have income from mining, lending, staking, forging, masternodes or bounties
- Earn more than 600? win all trades
- Sell coins for profit before the end of the one-year period
For all crypto assets you purchased before January 1, 2022, the following applies to sales after January 1, 2023: Tax exemption up to 600? Enjoy all trades.
Crypto miners will be commercial in 2023
As the year draws to a close, we turn to the tasks and challenges facing crypto traders in 2023. What else needs to be done before the crypto year ends? We summarize the most important things for you.
In the opinion of the Federal Government, miners should generally be classified as commercial miners, which means that they are taxable according to § 15 EstG. Even though there is the possibility of individual examination, miners are commercially active if regular income is generated from mining activity. Crypto income must then be reported on the next tax return. In addition, the minor is subject to the normalized rights and obligations of commercial law.
Conclusion: There is still a lot to do before the end of the crypto year. Note the Bitcoin alternatives and new cryptocurrencies, as well as the IMPT green coin. And don’t forget: crypto taxes will be due! Crypto miners must comply with commercial law as stipulated by the federal government.
The investment is speculative. When you invest, your capital is at risk. This website is not intended for use in any jurisdiction where the trade or investment described is prohibited and should only be used by persons and as permitted by law. Your investment may not be eligible for investor protection in your country or country of residence. So do your own due diligence. This website is provided to you free of charge, but we may receive commissions from the businesses we feature on this website.
About the Author: Stefanie Herrnberger works as a freelance speaker and writer. His many years of professional experience in the fields of blockchain, cryptocurrencies and NFT provide him with the ideal framework to report on news and developments in decentralized and central financial markets. Stefanie has been investing in cryptocurrencies herself for several years and therefore understands the challenges and opportunities for crypto traders.