Crypto
4 Things To Know About Cryptocurrency Gains And Losses

Cryptocurrencies are in the rage now, and most people are looking to invest in cryptocurrencies today. The early adopters of cryptocurrencies have made fortunes owing to the bullish trends. For example, since its launch, Bitcoin has risen to over USD$50,000.
But this doesn’t mean that crypto is all about the bullish trends. There have been cases of bearish trends that have seen investors’ portfolios drop in value. There are also cases of cryptocurrency pump and dump schemes that led to investors losing value. So, when investing in crypto, there are cases of gain and losses, and it’s essential to understand all about it.
Here’s a guide on everything you need to know:
- What Are Gains And Losses
Cryptocurrency gains and losses are the amount of money you make or lose when you sell cryptos in your portfolio. This could be after trading or after a long-term investment. Cryptocurrency gains are calculated by taking the current value of a cryptocurrency and subtracting its purchase price. For example, if you bought one bitcoin for USD$1,000 and sold it for USD$3,000, you have made USD$2,000 in gains.
Similarly, cryptocurrency losses are calculated by taking the current value of a cryptocurrency and subtracting it to its purchase price. For example, if you bought one bitcoin for USD$1,000 and sold it for USD$500, you have lost USD$500.
- Tax Implications Of Cryptocurrency Gains And Losses
If you’re a cryptocurrency trader, you’ll need to be aware of the tax implications of your gains and losses. Cryptocurrency is not a currency, but it can be sold or traded like one.
If you are trading cryptocurrencies and making a profit, the amount of tax you owe will be based on how long your cryptocurrencies were held. If they were held for more than 12 months, the capital gains tax rate would apply depending on your marginal rate. If they were held for less than 12 months, the ordinary income tax rates would apply. For example, if you live in Australia, the Australian Tax Office has released guidance on cryptocurrency tax Australia.
One instance is when a loss or gain is made, the cryptocurrency’s market valuation in Australian dollars is used to correct it at the time of disposal. Moreover, holding cryptocurrencies for more than 12 months could have potential tax benefits such as a discount of up to 50%.
- How to Minimize Losses And Maximize Gains
Another crucial thing to know about cryptocurrency gains and losses is how you can maximize your gains and minimize your losses. Knowing these strategies will help you make your investment successful.
- Don’t invest more than you can afford to lose.
This is the golden rule of cryptocurrency investing, especially since there’s no guarantee that these digital currencies will succeed. If you’re going to invest, do so only with money that you don’t mind losing, and then only invest as much as you can afford to lose. If anything goes wrong, at least you won’t be left with a substantial financial burden on your shoulders.
- Diversify your portfolio
Diversifying your portfolio is an important strategy in mitigating your risks of crypto losses. This means that you have to invest in different cryptos so that if one of them crashes, the other will help to protect your assets. One rule of diversifying is keeping about three coins with different backing and technology, such as Bitcoin, Ethereum, and Litecoin. However, it would be best if you were keen not to keep too many cryptos as crypto can be emotionally overwhelming, making it hard to track your portfolio.
- How To Use Losses To Offset Gains
While every investor wants to make as many gains in crypto as possible, there are cases where crypto losses are beneficial to the investor. When investing in crypto, you can claim any losses and use the losses to offset your gains when filing your taxes. This will generally reduce you’re your tax bill.
Moreover, cryptocurrencies benefit from loopholes in the tax law as they are considered properties and not securities. This means that investors are safe from the wash rule, and they can sell their cryptos in a disadvantaged position and claim capital losses to offset any gain. They can then reenter the same position immediately, avoiding missing out on any potential recovery.
Conclusion
While cryptocurrency can be appealing because it is not tied to any government or bank, it also comes with many risks. The value of cryptocurrencies can change quickly and without notice and can go up or down over time. So, it’s important to research the market properly before investing. This includes understanding everything about crypto gains and losses.
Crypto
From Courtside to Crypto: The Rise of Crypto Betting in 2025’s Sports Landscape


In 2025, the intersection of sports and digital currencies is rewriting the rules of fan engagement—most notably in the booming realm of crypto betting. As major leagues cement deals with decentralized platforms and fans seek faster, more secure wagering options, this global shift is changing how we follow the game.
Crypto Betting Busting Out on the Big Stage
During last month’s NBA playoffs, several prominent betting platforms quietly announced they’re now accepting not just fiat currency but Bitcoin (BTC), Ethereum (ETH), and stablecoins like Tether (USDT). These options aren’t just a convenience—they signal a growing demand among sports fans for instant deposits, faster payouts, and enhanced privacy.
Mary Henderson, a former casino croupier turned digital gambling expert, breaks it down:
“Most crypto sites accept players from all over with no thirdparty delays. People want fast withdrawals in minutes, not business days,” she told CasinoMary.com, in a recent feature.
And she’s not alone. A midMay survey shows that 62% of bettors under 40 prefer using cryptocurrency on their favorite sportsbooks—a dramatic rise from just 18% in 2021.
Why Sports Bettors Are Making the Switch
- Speed & Privacy
Crypto transfers bypass traditional banks, enabling deposits and withdrawals in minutes. This convenience proves especially appealing during high-stakes championship weekends.
“Players appreciate not only speed, but the privacy—no need to share personal data with multiple financial institutions,” says Henderson . - Stablecoin Stability with USDT
Stablecoins like Tether (USDT) offer the benefits of crypto without Bitcoin’s notorious price volatility. Henderson notes that USDT “allows you to focus on the games. - Exclusive Market Access
In countries with restrictive online gambling laws, crypto platforms offer fans unobstructed access to betting pools and niche sports markets otherwise unavailable. - Enhanced Bonuses and Rewards
Crypto-first sportsbooks are attracting attention with bigger sign-up bonuses, loyalty tokens, and tokens tied to blockchain ecosystems—appealing especially to savvy bettors.
Legitimizing the Field
Critics still warn of risks: market volatility, lax regulations, and shady operators. In Canada, for example, while using offshore crypto sportsbooks is technically legal, domestic fiat-based platforms remain restricted.
To combat concerns, many customers now prioritize:
- Licensing Transparency: Reputable platforms display licensed jurisdiction info and validation certificates.
- Provably Fair Systems: Blockchain-based fairness algorithms allow bettors to confirm game integrity.
- Security Features: Twofactor authentication and SSL encryption are expected, even mandatory.
- Health Checks via Reviews: Sites like CasinoMary and others provide user reviews, with warnings like “payment problems or delays” highlighted alongside praise for “fast withdrawal in 30 minutes”.
Sports Leagues Embrace Crypto Betting
A growing number of organizations—from football clubs to basketball leagues—are partnering with crypto platforms for sponsorships and fan tokens. One recent deal: a top-tier soccer team will issue its own digital tokens, tradeable for stadium seats, jerseys, and VIP matchday experiences.
Across North America, a new regulatory wave is forging licensing frameworks tailored to crypto gaming. States like Colorado and New Jersey are piloting limited-access crypto sportsbooks under stringent compliance standards.
What Fans Should Know
- Start with Stablecoins: If you’re new to crypto betting, using USDT is a smart way to dodge market fluctuations.
- Shop Secure Platforms: Only play on sites with transparent licensing and solid user reviews.
- Self-Manage: Wallet security is your responsibility. Keep passwords and recovery phrases offline.
- Set Limits: Crypto betting is no different from sports betting—play smart, set budgets, and stick to them.
Why This Matters for BobsCentral Readers
For sports fans accustomed to traditional sportsbooks and fantasy leagues, crypto betting isn’t just tech talk—it’s a growing ecosystem offering speed, privacy, and globalization in sports fandom. Whether you’re placing a props bet on next weekend’s basketball game, staking your claim on a championship futures market, or exploring loyalty tokens, the crypto angle is becoming unavoidable.
This evolution is more than hype—it’s deeply practical. If you’re curious how crypto betting really works—from depositing your first digital coin, to securing lightningfast withdrawals—our friends at CasinoMary have compiled an expert primer. Check out their guide to crypto casinos and betting to learn everything you need before taking your first digital position.
In Closing
As digital currencies permeate real-world industries, the world of sports betting stands at the forefront of innovation. Fans get faster payouts, more gaming options, and in some cases even more exclusive access—all without traditional banking friction.
For BobsCentral readers: the next time a big game is on, don’t just ask “who’s going to win”—ask “how are people wagering in this cryptopowered age?” The game is changing, and smart fans are already placing their bets.
Crypto
The Crucial Role of FINPR in the Cryptocurrency Market: Amplifying Voices, Building Brands


In the rapidly evolving landscape of cryptocurrency and Web3 technologies, effective communication and strategic PR play a pivotal role in shaping narratives, building trust, and fostering adoption. Amidst this dynamic environment, FINPR emerges as a vital ally for projects seeking to navigate the complexities of the crypto market. With its extensive network, industry expertise, and proven track record, FINPR stands as a beacon of support for brands aiming to make their mark in the crypto sphere.
Amplifying Voices: Leveraging Global Media Connections
FINPR’s value proposition lies in its unparalleled network of contacts within the crypto ecosystem. With connections spanning leading crypto publishers, influencers, and media outlets, FINPR ensures that your story reaches not just any audience but the right audience. By leveraging these global media connections, FINPR secures organic coverage that amplifies your brand’s voice, fostering widespread visibility and engagement.
Understanding the Language, Embracing the Vision
Effective communication requires more than just conveying information. It demands a deep understanding of the industry’s language, culture, and vision. Herein lies another key strength of FINPR: its team’s immersion in the cryptocurrency and Web3 sector.
With a profound grasp of industry intricacies, FINPR’s professionals speak the language of crypto enthusiasts and stakeholders alike, ensuring that your message resonates authentically with your target audience. By aligning with your vision, FINPR crafts PR strategies that not only inform but also inspire, driving meaningful connections and fostering community engagement.
Proven Expertise, Notable Partnerships
With over seven years of experience in the industry, FINPR boasts a rich history of collaboration with prominent names in the crypto space. From Polkadex to Klaytn, AscendEX to Lbank, FINPR has partnered with a diverse array of clients, spanning various sectors within the cryptocurrency market.
This extensive portfolio underscores FINPR’s proven expertise in delivering results-driven PR solutions that propel brands to new heights. Moreover, the recognition received from major agencies such as Coincodex, Coinpedia, Bitcoinist, and International Business Times further solidifies FINPR’s standing as a trusted partner in the crypto PR landscape.
Tailored Strategies, Competitive Pricing
One size does not fit all in the world of PR, especially in the ever-evolving realm of cryptocurrency. Recognizing this, FINPR takes a personalized approach to crafting PR strategies, tailoring each plan to meet the unique needs and objectives of its clients.
Whether it’s building brand awareness, launching a new product, or executing a crowdfunding campaign, FINPR develops customized solutions that deliver tangible results. Moreover, with competitive pricing and secure financial terms, FINPR ensures that its services remain accessible to companies of all sizes, democratizing access to high-quality PR support within the crypto market.
Specialized Solutions for Crypto Fundraising
Beyond traditional PR and marketing services, FINPR specializes in providing crowdfunding PR and marketing solutions for a range of crypto fundraising mechanisms, including DeFi, IDO, IEO, STO, DAO, ICO, GameFi, and P2E. Leveraging its expertise in these areas, FINPR empowers projects to navigate the complexities of fundraising campaigns, maximize investor engagement, and drive token adoption. Whether it’s orchestrating a successful token sale or executing a strategic marketing blitz, FINPR equips brands with the tools and insights needed to thrive in the competitive world of crypto fundraising.
Conclusion
In the ever-expanding universe of cryptocurrency, effective PR and strategic communication are indispensable for brands aiming to carve out their niche and foster sustainable growth. As a trusted partner in the crypto PR landscape, FINPR plays a pivotal role in amplifying voices, building brands, and driving meaningful connections within the global crypto community. With its extensive network, industry expertise, and tailored solutions, FINPR stands ready to empower brands to thrive in the fast-paced world of cryptocurrency and Web3 technologies.
Crypto
Sell Bitcoin (BTC) to Visa and MasterCard TRY card


It is not possible to transfer Credit card in Turkish Lira to Bitcoin directly; you should use the help of an intermediary. The most convenient way to carry out the transaction is to cooperate with online exchangers. These resources offer favorable terms of cooperation, assistance from qualified technical support specialists and prompt processing of customer requests.
You should not search for a performer via the Internet, this can be fraught with loss of time and money. There are many scammers on the Global Network who are trying with all their might to lure the money of naive users and appropriate it for themselves. To avoid troubles and speed up the process of choosing the best offer, you should use the proven monitoring resource BestChange.
The portal bestchange.com/bitcoin-to-visa-mastercard-try.html publishes reliable exchange resources that offer sell Bitcoin (BTC) to Visa and MasterCard TRY card quickly and easily. All published exchangers have received many positive reviews from clients and have proven honest work. Working with such services will be easy and safe. You only need to choose a reliable service provider with optimal conditions for the transaction.
Features of choosing an exchange service for conducting a financial transaction
When choosing a suitable service provider for transferring Credit card to BitCoin cryptocurrency, it is important to pay attention to several key aspects:
- Exchange rate. Exchange rates may vary among different exchange platforms due to the fees they charge. Therefore, it is worth comparing different offers and choosing the most profitable one.
- Availability of cryptocurrency reserves. Before making an exchange, make sure that the exchanger you choose has enough Bitcoin to complete your trade in the required amount.
- Amount restrictions. Check if there are restrictions on the minimum or maximum exchange amount. This may influence your choice of platform.
- Additional commissions. Research any additional fees that may be applied to your trade, as they can significantly impact the profitability of the exchange.
- Technical support. Check for 24/7 technical support. If problems arise, it is important to be able to get help and answers to questions.
- Bonus program. If you plan on making frequent trades, find out if there is a frequent flyer bonus program that will allow you to earn extra bonuses on every trade.
To easily compare different offers and choose the best option, you can use the BestChange aggregator. On the resource bestchange.com you can search for rating of exchange websites in order to choose the most advantageous offer and conduct an exchange with confidence in its safety. Make informed choices when exchanging cryptocurrencies.
How to conduct a financial transaction
After choosing the best offer on the BestChange online exchanger, you should go to its official website to carry out the transaction. There you will see preset options for asset conversion, including source and target currency, which are usually configured automatically.
Next, fill out the application form with the following required information:
- The amount of Turkish Lira that you intend to exchange for the Bitcoin cryptocurrency.
- Details of your cryptocurrency wallet.
- Your name and contact details.
Before submitting an exchange application, be sure to check the correctness of the specified data to avoid possible errors and typos. After this, make payment for the application within the established deadlines, as failure to meet the deadlines may lead to cancellation of the application.
After successful payment, all you have to do is wait for your cryptocurrency wallet to be replenished, which usually takes from 30 to 60 minutes. Once the funds are credited to your balance, the exchange operation will be considered successfully completed.
Cooperation with verified exchangers on the instagram.com/bestchange/ monitoring portal guarantees you the safety, simplicity and profitability of exchange operations.
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