Tech Storror

With the growing interest in the stock market by new investors, the frenzy has created a new type of stock, the meme stock. What Is A Meme Stock? Meme stocks don't mean the internet's favourite meme from the weak is now trading on the stock market. Rather, stocks for companies themselves have gone viral online, causing investors to purchase them just for the meme. Meme stocks are getting more and more popular, and if you're an early adopter, you can stand to make some crazy returns, like with GameStop or AMC. But let's take a closer look to figure out what exactly a meme stock Meme stocks are a fairly new term, and they spawned out of trading hype and hysteria from 2020 and 2021, with discussions of the stock originating on Reddit or other online forums. Meme stocks garnered and do garner so much attention simply because of how fast they rise for seemingly no reason. Typically a good stock would rise 30 to 50% in a year, but a meme stock could make that move overnight. ...

From the meteoric rise of Bitcoin to the pumping of some of the most notorious meme coins in the game, many people have made millions by Hodling and others got the rug pulled out from under them by investing in Squid game themed cryptocurrencies and others. Regardless of whether you're riding around in your Bitcoin Lambo now or taking out a third mortgage to cover your losses, now comes the time to pay taxes.  Oh, you've thought crypto wasn't taxed? Well, the IRS is stepping up its game and enforcing crypto taxes across the board now. While one solution to avoid taxes on cryptocurrencies might be starting your own country on an abandoned World War Two seafort, unfortunately, if you sold or traded crypto in the United States, you're probably going to have to pay up. On the flip side, if you lost a ton of money in crypto, then you'll want to make sure you file taxes so you can claim that loss and reduce your tax burden.  But isn't crypto supposed to be off the gri...

   Whether you've been holding since the early days of Bitcoin or recently heard your weird uncle tell you to invest in cryptocurrency, you might be wondering exactly how Bitcoin works. While this newish type of virtual currency has made headline after headline over the last decade, its underlying concepts and function are simpler than you might think.  Let's take a look at the basics. Bitcoin at its core is a software protocol based on the blockchain. The digital token has a value based on what others are willing to pay for it, or simply based on the concept of supply and demand. When it first came out, a Bitcoin was worth about 0.0008 cents, but as more people bought into the idea and bought the coin, the price has now climbed to over 50,000 U.S. dollars. Bitcoin is a digital currency based on a decentralized system that records each transaction on a Ledger, also known as a blockchain. That may sound confusing, but it essentially means that the Bitcoin network isn't run...