It is VERY important you know the crypto equivalent before you even think of investing in index funds.
– You need to have a good knowledge at least about the basics before engaging in crypto.
– There are hundreds of guides available for beginners.
– Some of these guides are useful, some are not. Choose wisely.
Cryptocurrency is relatively new and not everyone is familiar with, with very few who are experts on it. So the struggle may be very real for beginners, who may have a hard time finding good mentors to help them start on the right footing.
Like any investment, there are a lot of risks involved when you dive into the crypto exchanges system, and assets are easier to lose here than a regular asset. However, the wins can be exponential and that makes all the risk worth taking, as long as you have good guidance.
Sherman Lee gives us useful insights about cryptocurrency basics in this article – https://www.forbes.com/