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			TAX and FEES on BITCOIN/Cryptocurrency - My Strategy to MINIMISE BOTH (UK)
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I am generally a Index Fund Investor for long term, but I also have some of my portfolio in "riskier" investments such as Bitcoin and Cryptocurrency. You might even have heard me speak about this in my recent entire portfolio video (https://youtu.be/4vIZB-imHSI) and so I wanted to talk about how do we deal with Taxes and Fees in the UK when it comes to Bitcoin and Cryptocurrency. I'm sharing my top tips and my strategy in this video.
Some of the links in this description are affiliate links that mean I receive a fee for recommending them, but it does not affect your price. This helps to support my work and channel, so thank you!
INVESTING PLATFORMS I USE (these are affiliate links):
💸 Invest using Etoro - https://mamafurfur.com/etoro
💰 Invest using Trading212 - https://mamafurfur.com/trading212 (we both receive a free share up to £100)
📊 Invest using Freetrade - https://mamafurfur.com/freetrade (we both receive a FREE SHARE worth £2-200).
💳 Invest using Coinbase for Crypto - https://www.mamafurfur.com/coinbase
📊Investing Research using Genuine Impact App (and we both get a free month of Premium access) - https://www.mamafurfur.com/genuineimpact
** If using CFDs - they are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Your capital is at risk. Other fees may apply. Virtual Currencies are highly volatile. **
PRODUCTS & SERVICES we use:
💡 BULB for our energy bills - we both get £50 off your next bill by using our referral link here - https://www.mamafurfur.com/bulb
🐝 PensionBee - https://www.mamafurfur.com/pensionbee (Your capital is at risk)
MY ONLINE COURSES & PRODUCTS:
🗒 Money Stacks Method Budget System for all your budget, financial freedom calculations, debt repayment system, Net worth calculator, Sinking funds and Investment Tracker
https://www.mamafurfur.com/spreadsheet
🗒Money Stacks Budget Book (3 month) Paper version - https://www.mamafurfur.com/planner
🗒Money Stacks Budget Book Digital Version (for Goodnotes etc) - https://www.mamafurfur.com/digital
📗 My Book - The Master Money Blueprint available on Paperback and Kindle https://amzn.to/2IThc9w
🚀 "Investing Made Simple - Learn to Invest in 72 hours"
https://mamafurfur.com/investing
🤑 BUDGET SUCCESS BOOTCAMP Mini-Course here
http://bit.ly/BudgetSuccessBootcamp
🎬 Youtube DECODED (Perfect for new content creators or wannabe creators)
https://www.mamafurfur.com/courses
MY VIDEO & PODCAST GEAR:
🎥 http://www.mamafurfur.com/vlogkit
🎙 Our weekly podcast -
My husband Matt and I host a weekly podcast where we discuss happiness, prosperity and the lifestyle design. You can find it by searching “The Prosperity Project” on any podcast app (eg: Spotify, Apple Podcasts, Google Podcasts etc).
🎬Our Family Youtube Channel
Our family of 4 has a lifestyle channel to covering Life, Holidays, Meal planning & budgeting and even lego builds.
https://www.youtube.com/c/TheKempsonHouse
KEEP IN TOUCH:
🌍 My website / blog - https://www.mamafurfur.com
📸 Instagram - https://www.instagram.com/mamafurfur
🐦 Twitter - https://twitter.com/mamafurfur
🙎 Facebook - https://www..facebook.com/mamafurfur
WHO AM I:
I'm Jennifer Kempson, Scottish Mum, Engineer and full time Investor/Entrepreneur/Author/Financial Educator. I make videos about personal finance, investing, entrepreneurship, and lifestyle design. I also have a weekly podcast with my husband Matt called The Prosperity Project. We have two small boys and live in Glasgow, Scotland, UK. Together we paid off £24k+ of consumer debt in 2016, built a 6-figure side hustle in 2 years and aiming to be mortgage free and financially free in 2021.
🌍 My website / blog - https://www.mamafurfur.com
GET IN TOUCH:
If you’d like to talk, I’d love to hear from you. Sadly I cannot reply to every comment or message, but thank you for supporting my channel.
PS: All thoughts, reviews and suggestions my own. All information is given for educational purpose and not financial advice.
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