Paper wallets are off line and considered cold storage, so they cannot be hacked, but are still sustainable to theft, being destroyed, or human error.

Mt.Gox, the onetime largest cryptocurrency exchange lost over 850,000 bitcoins. That is many billions of dollars! No one really knows exactly what happened, but it was likely a combination of theft, fraud, and mismanagement.  

You are required to pay taxes on all profits, in the US that is listed on the IRS.gov site. 

Things are always changing and goals need to be reevaluated as the market changes.

Each case is unique, but on average a coin typically falls about 60% after it reaches its high point and people start selling. This is also backed up by the Filipacchi Retracement. 

You should always keep in mind, if something sounds too good to be true, it probably is. Before you invest any money, you should do your research. This includes reading the whitepaper, lookup and evaluate the team, as well as research trends and competition on the marketplace. This can be a tricky one, but before you do any investment you should look at the project with a skeptical eye and do as much homework as necessary to ensure the project is a winner. 

Tether is a cryptocurrency that trades on a one to one basis with a dollar (Or another country currency). It’s good to purchase if you think there's going to be a drop in the cryptocurrency market and do not want to go through all the steps to transfer your coins back into real USD. 

The Ledger Nano is the most versatile, comes with the most integration, and overall the most popular of the group. Just make sure you order directly from the manufacturer and not off Amazon or eBay. Click here for details.