Crypto for Investors
May 06, 2022
Crypto for Investors
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with eToro
I use eToro mainly for getting exposure to various crypto assets as well as for learning about various altcoins and their associated technologies outside of the biggest, most popular cryptocurrencies for additional investment opportunities. eToro is great for this use particularly for the clear way it presents cost basis, which makes it easier to manage for strategy and taxes.
Pros
- Excellent presentation of cost basis
- Easy to get exposure to crypto as well as traditional investments
- Allows copy trading
Cons
- Some of the social features are a bit clunky
- Tax documents can take days to process after a manual request
- Sometimes promotes influencers over experts
- Cost basis tracking
- Tax documents
- Price charts
- Made a 400% profit
- Saved time by using generated tax document
- Spent less time tracking trades
eToro is definitely geared more toward the investor crowd with more familiar looking charts and cost basis tracking than dedicated crypto wallets or services. I use it alongside others, but definitely like the features here for making strictly investment related decisions and research on general market changes, movements, and activities.
Do you think eToro delivers good value for the price?
Yes
Are you happy with eToro's feature set?
Yes
Did eToro live up to sales and marketing promises?
Yes
Did implementation of eToro go as expected?
Yes
Would you buy eToro again?
Yes
Comments
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