The world of cryptocurrencies is closely connected with investments. Over the past 6 years, many people investing in cryptocurrencies managed to increase their capital and lose money due to the lack of knowledge of the market and cryptocurrencies as digital assets, either at the peak of growth or scam projects. The latter have not lost their relevance at the moment; however, for the most part, the likelihood of stumbling upon a scam project already takes place in the field of NFT.
The ecosystem of blockchain projects is vast, and to successfully maneuver between ways to lose money, and you need to learn. Many people simply do not have time to study such a narrowly focused topic.
An investment adviser comes to the rescue and is also an analyst. People who help you invest your assets wisely.
Let’s see what the subtlety of this profession is and what skills you need to become an investment specialist.
Basics
To understand the specifics of the profession, you need to define it.
An investment advisor (digital asset advisor) is a specialist in the field of finance with the status designation CDAA (Certified Digital Asset Advisor).
This profession requires a fundamental understanding of blockchain technology and cryptocurrencies built on various blockchains. Specialists use various methods for evaluating digital assets and building a methodology for selecting investment-attractive projects. All this is done to help clients make better investment decisions, which projects to invest in and when to buy and sell.
A vital function of an investment adviser is also the leveling of the possible risks since the class of digital financial assets has huge volatility compared to traditional money markets.
Key Responsibilities Of A Specialist
- Analysis of the market (crypto and finance), taking into account all sorts of factors affecting it.
- Drawing up a report for the client, taking into account his financial capabilities
- Accompanying the client at all stages of his investment up to the investment of funds
Requirements For An Investment Advisor
- Fundamental knowledge of the fundamentals of the market, not only cryptocurrency
- Knowledge of economic theories and how the cryptocurrency market correlates with the stock market
- Complete understanding of the cryptocurrency market, metaverses, and blockchain technologies in general
- Tracking global trends in both the economy and the metaverse
- A complete analysis of each investment product, a responsible approach to working with clients
How can I become an investment specialist?
There are two points of reference here:
First, you are already an investment advisor in traditional finance and want to upgrade your skills to the world of cryptocurrencies. In this case, it will be easier for you to study investments in the metaverse and the investment environment of cryptocurrencies since the tools and interfaces for interaction with both exchanges and products are not particularly complex – the main obstacles are in the analysis of projects.
Second. You are a beginner investor who wants to start with cryptocurrencies immediately. In this case, you should study economic theory and the concepts and laws of the traditional financial market.
For both cases, knowledge of the English language and confident PC skills are necessary. Among other things, obtaining the status of a certified digital asset advisor – CDAA will be a huge advantage.
Specialist Certificate.
As we described above, CDAA is a certificate of a qualified digital asset advisor. It is used to prove your qualifications to both clients and employers.
Many foreign companies offer a full-fledged training program with the subsequent passing of exams to obtain the appropriate certificate, opening up the amplest opportunities for a specialist.
Prospects And Income
The unconditional growth in the popularity of blockchain technologies creates a demand for specialized specialists in the field. The investment advisor in the metaverse represents the future profession, the need for which will grow every year. A specialized specialist can earn $5,000 per month by working for a foreign company. The minimum wage now guarantees its increase in the future, when the influence of cryptocurrencies will become even more tangible in people’s daily lives.
