In recent years, cryptocurrency has grown in popularity as an investment vehicle. The digital market is notorious for its volatility, but it has piqued the interest of many investors seeking new ways to profit in their portfolios. However, in such a unique and unregulated financial market, investors are left wondering how to select a coin to buy or how to account for taxes on crypto trading proceeds.
If there is a lot of buzz surrounding a particular crypto coin, don't invest in it just because you're afraid of missing out (FOMO). Use the services of an experienced crypto financial advisor to build and manage a solid crypto investment portfolio.
Where to get cryptocurrency advice?
Certified cryptocurrency advisors
A financial advisor is a broad term that refers to various financial professionals, including those who work with cryptocurrencies. They can assist you in developing and managing an investment portfolio. They also offer financial advice to investors and startups.
These professionals should hold a Certificate in Blockchain and Digital Assets (CBDA) or a Certified Digital Asset Advisor (CDAA) certification. However, financial advisors with extensive knowledge of digital assets, such as Chartered Financial Consultants (ChFCs) or Certified Public Accountants (CPAs), may also be qualified to work with investors.
Experts and influencers in the cryptocurrency
Many crypto experts, such as blockchain developers, influencers, thought leaders, and investors, have a wealth of knowledge in the blockchain industry.
Here are five people to follow if you want to learn more about cryptocurrency. They share information on blockchain innovations and highlight cryptocurrencies in which they are heavily invested. Keep in mind that they do not give financial advice and that you must do your own research before making any investment decisions.
Vitalik Buterin
Vitalik Buterin is a Canadian programmer who helped establish the Ethereum blockchain and Bitcoin Magazine. Buterin is an active social media user, particularly on Twitter, where he has over 4 million followers. He provides Ethereum updates, relevant blockchain details, and personal insights on crypto topics. He also has a blog where he writes about everything from cryptocurrency to productivity and lifestyle.
Roger Ver
Roger Ver is the CEO of Bitcoin.com and a well-known cryptocurrency influencer on Twitter. Ver, also known as "Bitcoin Jesus," is a pioneer in the industry and an early adopter of Bitcoin. He tweets his thoughts on Bitcoin and regulations. He has since amassed a Twitter following of over 750,000 people.
M. Andreas Antonopoulos
Andreas M. Antonopoulos is a Bitcoin supporter, entrepreneur in technology, author, and popular podcaster. He hosts the "Speaking of Bitcoin" podcast, in which he discusses the global adoption of Bitcoin and cryptocurrency in general. He runs a blockchain education platform and tweets about cryptocurrency to over 746,000 followers.
Ivan on Tech
Moralis Web 3 Academy founder Ivan Liljegvist is a well-known crypto developer, entrepreneur, and influencer. He discusses the future of digital currencies and hopes to motivate others through Web3—the name for the decentralized, blockchain-based web. He has a Twitter account and a YouTube channel where he shares Web 3 and cryptocurrency insights and news.
Elizabeth Stark
Elizabeth Stark is the co-founder and CEO of Lightning Labs, which created the Lightning Network to make the Bitcoin blockchain more user-friendly. She is a blockchain entrepreneur and an ardent supporter of Bitcoin. She tweets about bitcoin's use as a peer-to-peer exchange coin, among other things.
Educational Websites
If you're new to this market, you'll benefit from the educational resources provided by many educational platforms. You can look into various topics to learn more about how digital assets work and how to get started investing in it. Here are three trustworthy educational platforms for learning crypto.
Why is cryptocurrency advice beneficial?
On major social media platforms, it's easy to find a crypto-centric community, with many people sharing advice on a variety of topics. You can learn from other people's experiences, but following guidance from a public space like social media can save you money. Here are a few reasons why you should seek crypto advice from reputable sources.
Take advantage of a professional outlook.
People invest in cryptocurrency for various reasons, ranging from seeking an alternative income stream to finding suitable retirement investment opportunities. A crypto financial advisor will provide a professional perspective on the industry and can assist you in developing a lower-risk portfolio.
A crypto advisor will assist you in effectively tracking your trading activities and preparing your taxes. They know cryptocurrency laws and regulations that may affect how you calculate your taxes.
What else do you think is the advantage of seeking cryptocurrency advice? Do you find it beneficial? Let us know your thoughts by sharing this article on social media.