As the president of the United States is lobbying for an aggressive 30% crypto mining tax, the cryptocurrency market is preparing for a more regulated future.
Many investors are looking to hedge their bets by investing in two of the top cryptocurrencies: HedgeUp (HDUP) and Shiba Inu (SHIB). With both projects positioned as market favourites, they have been able to combat proposed legislation that could possibly affect their businesses.
How HedgeUP (HDUP) Helps Combat Crypto Legislation
HedgeUp (HDUP) is a project that allows users to hedge, or protect themselves from market volatility. The HedgeUp (HDUP) platform also provides liquidity for the alternative investing market. This is because its blockchain technology is used to secure investments in jewelry, gold, art, etc. Furthermore, it provides a strong smart-contract system that ensures the security of the investments.
The HedgeUp (HDUP) platform is also audited by reputable companies, which further enhances its security standards. This could be a great benefit to users if the proposed legislation is passed and taxation becomes more complicated. As it is attached to traditional, yet alternative assets, it could be a great way to protect one’s investments from taxation.
With a 30% bonus for early investors, HedgeUp (HDUP) is an attractive way to invest in alternative markets and protect one’s investments from the proposed legislation.
Shiba Inu (SHIB) Positioning Itself As Market Favourite
Shiba Inu (SHIB) has long been the people’s favorite in the cryptocurrency market. Shiba Inu (SHIB) has positioned itself as a leader. This is because Shiba Inu (SHIB) focuses on decentralizing the world’s financial system and is aimed at creating a more equitable system worldwide.
Shiba Inu (SHIB) is a direct opt-out of the proposed tax system, as it provides users with an alternative to fiat currencies. As a decentralized currency, Shiba Inu (SHIB) is only taxed when sold. This means long-time holders of Shiba Inu (SHIB) have the potential to gain from less taxation.
Plus, with major gains as a potential a 30% tax would feel minor compared to the larger returns. This is something that Shiba Inu (SHIB) shares with HedgeUP (HDUP). Even if a 30% tax goes through, the monstrous gains from the cryptocurrency investments could very well make up for the taxation.
Final Thoughts
Be sure to keep an eye out for news about both HedgeUP (HDUP) and Shiba Inu (SHIB). They are both positioned to gain from any momentum that follows the proposed legislation. So, be sure to take advantage of the 30% bonus for early investors. With alternative investments and cryptocurrency being in high demand, both projects could be great additions to your portfolio.
It may seem disappointing that a 30% tax can eat away at your gains. But remember, HedgeUp (HDUP) grants a 30% bonus to early investors, and it could even skyrocket to major gains…
For more information about HedgeUp (HDUP) presale:
- Website: https://hedgeup.io/
- Presale: https://app.hedgeup.io/sign-up
- Telegram: https://t.me/HedgeUpChat
- Twitter: https://twitter.com/HedgeUpOfficial
