Crypto investing in 2019
Education, Investing

Building a crypto investing platform in 2019

In a quick Crypto Bite episode, Abra founder and CEO Bill Barhydt talks about building a crypto investment portfolio in 2019:

“As we start the new year, we all like to create our own resolutions. And one of the things that people think about, of course, are personal finances — how should I manage my personal finances, and what should I invest in?

“I think that looking at the cryptocurrency opportunity as part of an overall, balanced, personal investment strategy is something that everyone should be doing now. The prices for crypto have come down significantly in the last 10 months and this is a really good time to be looking at how can I take three, four, five percent, maybe, of my investment assets and put them into cryptocurrencies to potentially create huge long-term upside.

“We really encourage people to think about this in a very responsible way, but at the same time, the upside potential here of taking that three, four, five percent is enormous. That’s something that I personally have done and I would invite all of to think about as well.

“We have also published a report on our blog a few weeks ago, that says over the last several years there is definitely proven tremendous upside potential in taking a longer-term view on cryptocurrency investing and we invite you to read that and make an informed decision for your own investing strategy.”

— Bill Barhydt, Abra founder and CEO

About Abra

Established in 2014, Abra is on a mission to create a simple and honest platform that enables millions of cryptocurrency holders to maximize the potential of their assets. Abra enables both individuals and businesses to safely and securely buy, trade, and borrow against cryptocurrencies – all in one place. Abra’s vision is an open, global financial system that is easily accessible to everyone.

Why Abra

Based in the United States, Abra is available in over 150 countries and makes it easy to convert between crypto and a wide variety of local fiat currencies. With over 2MM customers, $7B in transactions processed, and $1.5B in assets under management, Abra continues to grow rapidly. Abra is widely loved and trusted – in April 2022, reviewed and rated Abra amongst the top 5 most popular crypto wallets in the market. Abra is backed by top-tier investors such as American Express Ventures and First Round Capital.

How Abra Protects Your Funds

Abra places clients’ financial objectives and security first. Abra practices a culture of risk management across all levels and functions within the organization.

Abra employs a state-of-the-art enterprise risk management framework that comprises a comprehensive set of policies, procedures, and practices detailing all applicable risk-related objectives and constraints for the entirety of the business. Abra has instituted a complete set of requisite systems and controls that continuously enforce these policies, procedures, and practices to manage all operations, including credit and lending. Abra’s independent Risk Committee comprises experienced compliance, risk, securities, and fraud operations professionals with backgrounds in industries ranging from traditional and digital assets banking, payments, remittance, to fintech.

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