How does the concept of physical year vs fiscal year affect cryptocurrency investments?

1 answers

• Alex ShevtsovAug 26, 2020 · 6 years ago
  Physical year and fiscal year have different implications for cryptocurrency investments. A physical year follows the calendar year, while a fiscal year is determined by a company's accounting practices. This distinction affects cryptocurrency investments in various ways. For instance, during the end of a physical year, investors may assess the performance of cryptocurrencies throughout that period and make investment decisions based on the data. Conversely, during the end of a fiscal year, companies may release financial reports that can influence investor sentiment and subsequently impact cryptocurrency prices. Therefore, understanding the concept of physical year vs fiscal year is crucial for investors to make informed choices in the cryptocurrency market.
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