Why Bitcoin continues to be a big deal in Canada, and how you can successfully add it to your portfolio

Despite ups and downs, cryptocurrency is still well worth learning about with a strong position in the Canadian economy Author of the article: StackCommerce Publishing date: Dec 25, 2021  •  15 hours ago  •  2 minute read Photo by StackCommerce This article was created by StackCommerce. Postmedia may earn an affiliate commission from purchases made through…
Why Bitcoin continues to be a big deal in Canada, and how you can successfully add it to your portfolio

Despite ups and downs, cryptocurrency is still well worth learning about with a strong position in the Canadian economy

Author of the article:

StackCommerce

Publishing date:

Dec 25, 2021  •  15 hours ago  •  2 minute read

Photo by StackCommerce

This article was created by StackCommerce. Postmedia may earn an affiliate commission from purchases made through our links on this page.

If there’s one thing that people seem to have a lot of different opinions on, it’s cryptocurrency . From its controversial beginnings to the undeniable boom of coins like Bitcoin and Ethereum, and through dips and bursts upwards — crypto has been maintained as a contested currency that a lot of economists and governments hate on. However, if you’re curious about it, and on the fence based on the drama, it’s worth looking at how crypto is actually performing in your local economy.

Bitcoin still dominates the Canadian market

For Canadian investors, it’s worth looking at the most popular coins in the country. This Yahoo article talks about how, “Since its debut in 2009, Bitcoin has remained the largest and most popular cryptocurrency in Canada and remains a public favourite.” The list goes on to point out how the next most popular coins in the country are Ethereum, Binance Coin, and then Solana.

If you have no idea what to do with these coins…

Then you are not alone! This is a relatively brand new economic concept, and wrapping your head around it can be an absolute doozy. Beyond comprehending crypto, actually feeling like you have an expert-enough opinion to actually invest in different coins, day trade, and engage in a way that feels meaningful and educated takes a lot of work. Luckily, the resources are there.

Steps to investing in the crypto market

Check out The Complete Stock & Cryptocurrency Investment Toolkit Bundle , which is on sale for just $26 for a limited time. With it, you’ll get over 50 hours of courses on the cryptocurrency market with a focus on value investing, technical analysis, and Elliot Wave theory. This bundle’s rated 4.5 out of 5 stars by verified purchasers for its in-depth educational resources.

More On This Topic

  1. Now It’s Easy To Earn Compound Interest on Your Crypto Holdings

  2. How to take control of your crypto during volatile times

Prices subject to change. 

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