This episode of the More Money Podcast is supported by TurboTax Canada. Need to get your taxes done? Click here to get 20% off any TurboTax Assist & Review or TurboTax Live Full Service product.
Well, this episode is a big first for me! Not only is this the first-ever double episode, in which I share not one, but two guest interviews. But this is also the first episode I’ve ever done on cryptocurrency.
With all the talk in recent weeks about Bitcoin, I’ve finally given up thinking that cryptocurrency is just a trend or an asset that only tech bros or get-rich-quick investors are interested in. Even though it’s still very new, in my view it’s safe to say that cryptocurrency is here to stay. I’m still an ardent promoter of passive investing using index ETFs, however, I think it’s important to talk about other types of investing too.
So the first interview is with Ayelen Osorio, the Content & Community Manager at Netcoins. Netcoins is one of the leading cryptocurrency trading platforms in Canada, providing access for people like you and me to invest in cryptocurrencies like Bitcoin, Ethereum, and Tether.
Going from zero crypto knowledge now teaching others all about it, Ayelen provides a crash course in cryptocurrency to demystify digital currency as an investment type and share how why it may make sense as an addition to your portfolio.
As Ayelen mentions in the podcast, to learn more about cryptocurrency Netcoins offers a free Crypto Academy online course you can check out on their website.
For my second interview, I chat with Elliot Johnson, CIO & COO at Evolve ETFs. Evolve ETFs recently launched the second-ever Bitcoin ETF in Canada (ticker EBIT), making owning a bit of Bitcoin more accessible by trading it on a traditional stock exchange through your discount brokerage account. Not only that, you can hold your Bitcoin ETF in your TFSA or RRSP (something you’re unable to do with an actual Bitcoin).
This is a very exciting time to be an investor, and although I’m still cautious (what couch potato investor wouldn’t be?), I’m interested to see where cryptocurrency will go in the future. Maybe in a few more years, like when this show turns 10 years old, I’ll do a follow-up episode to see how much has changed. Remember, people thought using a digital bank 10 years ago was risky, so who knows what will happen with cryptocurrency!
Follow Evolve ETFs
Things Mentioned in This Episode
- I’m giving away copies of all the books featured on this season of the podcast! To enter, visit jessicamoorhouse.com/contests
- Apply to enrol in my investing course Wealth Building Blueprint for Canadians
Looking for Financial Help?
Looking for some financial help during these tough and uncertain times? Check out my online courses and budget spreadsheets on my new shop page!