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Can I Buy Bitcoin in Person?

By
Denis Ava
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Can I Buy Bitcoin in Person?

Bitcoin can be purchased using conventional brokers, cryptocurrency exchanges, bitcoin ATMs, trading apps, and financial apps. Despite these choices, people using Bitcoin regularly pose this question: can I buy Bitcoin in person? Yes, you can buy Bitcoin in person, and doing so is among the fastest and safest options. Peer-to-peer, or contacting a nearby seller in person, is one method of buying Bitcoin in person. Before making a purchase in person, all you require is a Bitcoin wallet. What, however, should you consider before buying Bitcoin in person?

Things to Consider When Buying Bitcoin in Person

There are a number of factors that must be evaluated before purchasing Bitcoin.

  • Price: Fees can differ significantly based on where you buy Bitcoin in person. Additionally, some sellers might set slightly different prices. Even while a few percent difference may not seem like much, if you frequently enter and exit the market, it will quickly reduce your earnings.
  • Security: Making sure your investment is secure is one of the major concerns of investing in cryptocurrency. Some recent cryptocurrency investors have experienced significant security issues. Thousands of Bitcoins were stolen from Binance, a well-known cryptocurrency exchange, in 2019. Other more reliable brokers may provide better security.
  • Upside/downside: The value of Bitcoin directly affects your potential profits. With every dollar that the value of Bitcoin rises, your profit rises by one dollar if you hold it directly. Because cryptocurrency is volatile, a rise in price within a certain time frame is likely but not guaranteed. As with any investment, be careful to only invest what you can afford to lose.

Steps Involved in Buying Bitcoin in Person

Now that you are aware of the prerequisites and factors to take into account before purchasing Bitcoin in person, let’s examine the procedures in detail.

Step 1: Finding a Bitcoin Vendor Nearest to You

Finding a vendor nearby is the next step once you have decided to purchase Bitcoin in person. There are many sellers, but it is better to locate the one closest to you because you will not have to travel long distances by foot or car before purchasing Bitcoin. Additionally, compared to dealers who are far away from you, accessibility to the vendor will be quicker.

Step 2: Conduct Research About the Vendor

There are millions of people selling and buying Bitcoin in person, but it is crucial that their identities are verified. Some are actually risk-free, while others are merely pilfering your personal details like your wallet address and password. The ideal sellers to buy from are those who have a history of successful transactions and great reviews since they will protect you against con artists. However, trustworthy platforms like NakitCoins, LocalBitcoins, Bitit, and BitQuick can be an option for buying BTC in person.

Step 3: Choosing a Vendor

Following your investigation into the history of the vendor, you must base your decision on aspects like price, security, and accessibility. If your account is hacked or if you are scammed, you face the danger of losing your Bitcoin. Thus, it is a good idea to find a reliable vendor to shield your Bitcoin wallet from possible hacking or scams. The cost to purchase Bitcoin varies. The ideal choice is to go with the vendor who charges the least money in order to gain more benefits.

Step 4: Contact the Vendor

The final step in buying Bitcoin in person is contacting the vendor. You just need to bring some cash and your Bitcoin wallet. The seller will accept cash in return for Bitcoin. You will give the vendor some details (such as your wallet address) in order to have the Bitcoin deposited in your Bitcoin wallet.

Conclusion

Can I buy Bitcoin in person? Yes, it is safe to purchase Bitcoin in person. It is simple and discreet to purchase small amounts of Bitcoin with cash because, for the most part, no personal information is needed. Cash purchases of Bitcoin likewise proceed quickly because no verification is required. However, buying substantial amounts of Bitcoin in person might be challenging because carrying around a huge amount of cash is not advised. You can choose to use an escrow provider when buying Bitcoin with cash to guarantee that the seller will send you the Bitcoin after they have received the cash.

3 Best Coffee Roasters in Calgary to Get the Perfect Roasted Coffee

By
Denis Ava
-
Coffee
Espresso Coffee cup with burlap sack of roasted beans on wooden table

If you are looking for the best medicine for a rough day or a long day of work or even a perfect way of relaxation with something more, then a cup of freshly brewed roasted coffee can bring you a lot of that relief. Doesn’t matter whether you are a coffee lover or an occasional coffee drinker, getting a taste of roasted coffee can wake your soul up from its deep slumber and fill you with energy and vivaciousness. So, if you are looking for the best coffee roasters near me in Calgary, you are at the right place. 

Coffee Roasters in Calgary and Their Stories

When it comes to the coffee roasters, there is a story always behind the whole innovation. These are the people who have never settled for just a bad cup of coffee. Rather they mixed passion and love for coffee with their sense of good taste and came up with the best-roasted coffees in town. So, if you are someone who wants the most authentic taste of roasted coffee and want to pick a bag from these coffee roasters in Calgary, you are at the right place. Take a look at the following options from where you can pick your roasted coffee. 

Phil & Sebastian

Phil & Sebastian Coffee Roasters is one of the most popular places in Calgary from where you can get the best roasted coffee for your daily dose of caffeine. Phil and Sebastian are two seemingly normal engineers who graduated together and stepped ahead with their bright future. But their passion lied in something different. After tasting lots of bad espressos, they decided to make their own and bring some change. After lots of experiments, roadblocks, and curveballs, the venture finally started at Calgary Farmer’s Market on March 30th, 2007. After John Gilchrist, a local food critic published about them in Calgary Herald in April 2007, things change for Phil & Sebastian. With the increasing popularity, they decided to roast their own coffee. With again a few hiccups, they started serving their roasted coffee in July 2009. Currently, they get a regular supply of authentic coffee green beans from Costa Rica, Panama, Guatemala, Honduras, El Salvador, Colombia, Bolivia, Kenya and Ethiopia. And now, Phil & Sebastian Coffee Roasters have four places at Mission, Chinook Center, Calgary Place and Simmons Building Café. For authentic amazing quality roasted coffee and to support this local business, you should drop by. 

Collective Coffee Roasters

Making the perfect cup of coffee is an art. Keeping this in mind, Collective Coffee Roasters is here offering the best cup of roasted coffee in Calgary. They have another principle for their business. They believe for the past many years, the demand for coffee has increased a lot all over the world, especially in the west, while most of the coffee is produced in developing countries. And the farmers of these countries struggle for a fair wage as the commodity market deprives them of the right price. Collective Coffee Roaster surpasses the commodity market and reaches the farmers to buy the coffee beans at a fair price. Their business is headed by Ryan Luttrell and Victoria Luttrell. Though their coffee journeys are very different from each other, their passion is safe. They strive to be the best coffee roasters in Calgary and offer the best taste of coffee to the aficionados of Calgary. 

Motherload Coffee

Motherload Coffee is a very new venture that has started its journey in 2020 in Calgary. Headed by two women, this roastery started its coffee journey in Calgary and Peru where the founders were born and raised. While they both wanted to do this a long time ago, the trying times of 2020 made them realize that life is too short and that is all should seize the day. They fuse two different cultures, artistry and knowledge of coffee to create magic in every cup. 

So, instead of visiting coffee shops, if you want to brew your own cup of coffee with authentic roasted coffee, then pick from any of these roasters. Acknowledge their talent by supporting their local business.

Balancing Cost Savings & Cost Avoidance for Personal Financial Success

By
Denis Ava
-
Personal Financial Success

If you want to save money, what’s the first thing you do? Like many people, you probably pull out your trusty budget to find expenses you can slash from the list. This time-honored, frugal hack can help you free up cash, but it’s only one part of the money-saving equation. 

A well-rounded approach goes above and beyond the expenses, you can avoid. It also includes reducing how much you spend on essential expenses. 

In business, this is what distinguishes cost savings from cost avoidance. Using these theories in tandem when tweaking your budget can help you save as much money as possible. 

What is Cost Avoidance?

Cost avoidance is what it advertises; you avoid costs. 

In practical terms, it means two things:

  1. Limiting how much money you spend in a month by removing unnecessary expenses. 
  2. Taking specific measures that lower the potential for greater costs in the future. 

Like many novice budgeters, you’re probably most familiar with the first one. It describes any tightening of your budget, like the popular strategies below:

  • Unsubscribing from surplus streaming accounts.
  • Eating home-cooked meals instead of takeout.
  • Cancelling a gym membership. 

However, there’s a good chance you’re already following the second point if you have insurance or save money in an emergency fund. They may incur extra monthly costs in the form of premiums and savings contributions, but they help you handle greater expenses down the line. 

Let’s say you crack a tooth on a piece of hard candy. No matter how you deal with it, this tooth is going to cost a lot of money. According to Forbes Health, it can range from $220–$420 to repair a chip and $500–$3,000 to get a dental crown. 

Without dental insurance or a health emergency fund, these out-of-pocket expenses fall on your shoulders alone. Could you afford an unexpected $3,000 emergency dental bill? 

If you can’t cover an unexpected expense on your own, you can look into cash loans online for help. You can find out more about what you need to qualify for cash loans online from a website like MoneyKey with a simple click of your mouse. 

While it’s easy to apply for cash loans online, these borrowing options add interest and finance charges to what you owe. Dental insurance and a healthy emergency fund, on the other hand, can help you avoid this out-of-pocket repair without paying extra.  

What is Cost Savings? 

Some spending is non-avoidable. In other words, most people can’t steer clear of rent, utilities, or groceries if they expect to live a healthy and safe life. 

Cost avoidance can’t help with these essential expenses, but the cost savings trick can. This strategy helps you find ways to limit how much you spend on essential expenses. 

Here are some ideas on how to find cost savings in the most common spending categories:

  • Housing Costs: Moving and downsizing can help you reduce what you pay in rent or mortgage payments. 
  • Utilities: You’ll always pay for electricity, gas, and water, but by reducing your consumption with these energy tips, you can reduce these regular bills. 
  • Groceries: You can spend less to fill your fridge by meal planning around cheap recipes, weekly flyers, and coupons. 

Strike a Balance Between Cost Avoidance and Savings

You can save a lot of money by avoiding costs, but you’ll save even more when you commit to finding cost savings in your everyday. These money-saving strategies work best when used together. 

A Beginners Guide To Business Taxes

By
Denis Ava
-
Business Taxes

Introduction

Business taxes are complicated, and it can be a daunting task if you leave the taxation for the year-end evening.

Breaking the norm with some procedures and obligations to maintain the fundamentals of business is what you need to do so far to reach out to the taxation policies and maintain them. 

Well, the quality of a business depends on three main things. 

However, a well-managed business does not only consider the revenue of the process but also ensures the well-being of employees and better management of the financial aspects. As a beginner in the business world, you might not know the various instances of business taxes.

However, it is our foremost priority to ensure the fact that we’re able to organize the whole process to deliver better customer service with prominent networking processes. 

Business these days is more like grabbing every opportunity to innovate through the help of modern technologies. 

Here we will focus on the business taxes that you need to maintain and pay on time to ensure that your whole business process is exposing a better market position with controlled finance. 

Types Of Small Business Taxes

Most businesses like it to delay their taxation process, but tax does not wait for anyone. They wait for the financial year to end, but that should not be the case for you. Well, as a business owner, you are not under someone to pay your taxes by cutting from your salaries. However, here you need to understand your value in the business market and set up a goal for taxation.

Small Business Taxes

The worldwide average business tax rate is around 23.37%. It has been measured through 180 jurisdictions. This particular data is enough to let you understand the fact that tax rates are not just there to show it is what all registered businesses have to cover within a year. 

However, the major business taxes are:

  • Payroll Taxes.
  • Income Tax.
  • Property Taxes.
  • Self Employment Taxes.
  • Sales Tax.

Considering the business taxes will let you cover and control the whole finance of your business. This is where you will be able to handle the pressure of delivering sole proprietorships. Whether it’s limited liability companies (LLCs) or partnerships, you will have to show some firm approaches to ensure your priorities with taxation.

Records To Keep

Good bookkeeping is the tracker that will help create the cash flow of your business throughout the year. Identification of documents and the movement of money are the two most important parts of bookkeeping. 

In this digital world, keeping records is super easy. Considering the digital scanners, you can keep year-by-year records of your business expenses. Documenting those records is crucial to create the difference between onboarding the previous problems and managing the taxation better. 

However, in proper ways, you can keep better records of the taxation in business. 

  • Identifying documentation.
  • Accounting records.
  • Expense receipts.

Function Of Forms

C corporations, sole proprietorships, S corporations, and partnerships all entities have different forms to function in the taxation process. Business taxes and their mitigation are related to filling out different forms of it. 

When you have a proper entity to consider a particular form, you will need to understand its delivery and working process. However, the 1095 form is related to the healthcare sectors for sole proprietors. On the other hand, K-1 is related to partnerships and corporations. 

Depending on several forms, you can manage your next year’s taxation with ease. These forms are the legal actions that you can take to ensure that all your credits and debits are on stage to deliver the best results.

Prepare And Pay

Paying your taxes in advance has a significant benefit. When you are willing to deal with the instances of tax payments in advance, you can be able to fill in tax returns at the end of a year. 

While you are on the go, make sure that you have managed to pay all your taxes in advance by estimating your entity tax possibilities. Preparing yourself for taxes is crucial, and thus, you will need to think like a pro. For instance, if you need to pay all your taxes, you may want to consider the benefits of it. 

So, allow income tax payments and sales tax payments in advance to get the benefits of tax returns. However, if you are confused with the process of considering accounting services Singapore may help you complete your taxation process better. 

Repeat The Process

Repeating the process every year has no better exception. So, tax filing, record keeping, using technological tools to advance your process, and also pay taxes on time or before will be the key to ensuring that you are free of any tax burdens. Follow these steps to make the business process better.

 

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