Highlights from our crypto webinar with eToro
18 Aug, 2022
Sponsored by eToro
On July 5th, 2022, we were delighted to host our second webinar on crypto. We were joined by Sam North, eToro's Trading School Lead, and Simon Peters, eToro's Senior Account Manager and Market Analyst.
In the last couple of years, Boring Money has had more and more enquiries from readers wondering whether they should invest in crypto. Some have lost money already and are steering clear. Others have been lucky but are now understandably worried as markets move in an unfavourable direction. And the majority are curious about whether crypto will ever be viewed in the same light as traditional assets.
Sam and Simon helped shed some light on what is happening in the fast-paced world of crypto
There’s a huge amount of uncertainty right now, so the purpose of this webinar was to tackle some of those difficult questions and have a sensible conversation about what's happening in the crypto world. Many of you had questions about how quickly the prices of cryptoassets like Bitcoin, Ethereum and the like had fallen in recent months.
Here are some of the highlights from the webinar:
1 - What gives crypto its value? (Sam North)
2 - What can you actually do with cryptocurrency, other than store it as value? (Sam North and Simon Peters)
3 - Crypto has captured the attention of day traders and higher risk retail investors. But the price of Bitcoin has fallen significantly in recent months. Why is this? (Sam North)
4 - What do you think of Cardano? (Simon Peters)
5 - What consumer protections do crypto investors have? (Simon Peters and Sam North)
6 - What % of your portfolio is held in crypto? (Simon Peters and Sam North)
Got any other crypto-related questions you'd like ask Sam or Simon? Ask them here!
Webinar polls - results!
How confident would you be about explaining crypto to a friend?
Do you own any crypto?
Risk warning: The content that will be discussed is intended for information and educational purposes only and should not be considered investment advice or investment recommendation.
Cryptoassets are highly volatile and unregulated in the UK. No consumer protection. Tax on profits may apply.
