Crypto 101: What you need to know before investing
Considering this relatively new type of investment? Here are some facts to keep in mind
Cryptocurrency investing has surged in recent years among both experienced investors and newcomers. If you are considering getting into it, however, the most important thing you need to know is that it’s a very complex space, says Amanallah Abbas, CPA and controller at National Digital Asset Exchange (NDAX) in Calgary.
“Remember that crypto is still a relatively young asset class, with Bitcoin being the biggest coin by market cap, having first launched just over 10 years ago. The market has evolved a great deal since then.”
Article Written By: DENISE DEVEAU
Original Article Posted on: 11.30.2021
Link to Original Article: https://www.cpacanada.ca/en/news/canada/2021-11-30-crypto-investing