Do you understand crypto?
February 14, 2023
We’ve all heard of crypto. Over 1 in 10 people in Ireland have bought crypto, but do you know what it actually is? If you’re considering investing in crypto, do you understand the risks and are you aware of the potential scams? To help you get to grips with crypto, we have teamed up with financial planner Eoin McGee to create some explainer videos.
Remember, crypto is a risky investment and before investing you should always ask yourself:
- Can you afford to lose all of the money you invest?
- Does the exchange or website you are buying from have a good reputation?
- Do you understand the features of the crypto you are buying?
To learn more about crypto, see our Money Hub.
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