Reasons Why Bitcoin Could Double Your Money In 2021
The price of no other assets in the world has increased as fast as that of Bitcoin (BTC). From USD10,764 in September 2020 to 48,840 on February 17, 2021 – its value quadrupled in just 5 months. If you are a crypto investor or one who is planning to do so, the statistical presentation of the value of Bitcoin over the period October 2013-February 17, 2021 might interest you.
Top Exchanges to Buy Ethereum in India
Citing the Ethereum (ETH) price changes over the past two years from Feb 2019 to January 2021 (almost 10X), anyone would be interested to invest in this cryptocurrency. By the time of writing this post, Ethereum was being traded at $1398.65.
Investing in Bitcoin - Reasons to Invest in Bitcoin in India 2021
What is the best cryptocurrency to invest in India? Today, if you ask this question to even a school kid, Bitcoin (BTC) is most likely to be their answer!
Top Cryptocurrencies to Trade in 2021
With the likes of Elon Musk endorsing and embracing cryptocurrency, the year 2021 is all set to become a milestone for the cryptocurrency trade. If you are wondering what currency to buy and sell, here is a sneak peek of the popular cryptocurrencies comprising insightful and actionable data about their rank, dominance, market worth, and growth.
A Beginner’s Guide to Day Trading Cryptocurrency
What is Day Trading? Day trading concludes on the same day. Profit or loss – no matter what’s in the store, but the report card comes on the same trading day. It’s similar to a 20-20 cricket match where you don’t have much time to think and plan. In fact, it demands prior planning and strategy making.
A Guide to Hedge Using Futures Contract
Futures trading is itself a hedging exercise that existed since time immemorial. When terms like stock market or similar were in oblivion, buyers used to lock-in the price of an asset by making an advance payment to sellers. Likewise, sellers with speculation of sluggishness in the future market, tend to make a contract before the produce or asset was ready to be sold. So, in a way both the buyers and sellers want some sort of protection or hedge against an anticipated economic fluctuation.
Top 10 Apps to Trade Cryptocurrencies in India
From lucrative to prudential – this perceptual shift regarding cryptocurrency trading in India has never been as noticeable as it’s today. Some are doing so to make quick money. Some are taking the course to beat the rising inflation. Some see it as a means to secure their future with a passive income. Some also use it as an instrument to bypass the complex tax regime. While some are using it for noble reasons to help others in their difficulties with quick fund transfer. Its acceptance has triggered the demand for apps to trade cryptocurrencies in India.
Top Exchanges to Trade Crypto Futures in India
If you are planning to buy and sell cryptocurrencies and grow your investment portfolio, the selection of cryptocurrency exchange platforms holds significance. Almost all major crypto-broker exchanges accept fiat money (EUR, INR, USD, etc.). The deposits are generally free, but a fee or commission is levied upon withdrawal. However, only a few to the likes of PCEX Member offers trading in crypto futures. Hence, anyone can trade crypto in INR, and with prudential forward-thinking can earn more with less because in crypto futures investment, you earn without actually owning an asset.