Rahul Kohali
Stories (25/0)
Why Bitcoin's Longest Run Above $10,000 Matters?
The beginning of the year saw BTC hovering around US$7700 mark and at such times, the addresses of Bitcoin miners stood at 684,000 but back in the past, a significant rise of 981, 000 Bitcoin addresses certainly at the same time when prices were US$9500 specifies that BTC adoption betters when prices rise. That’s what happened on December 23, 2018, when BTC was trading at US$14,800, a time when the market was super bullish for BTC. At such times, the incentives related to mining significantly multiplied manifolds encouraging investments in BTC and retention. A good sign nevertheless for the miners since one mining activity roughly costs miners US$3,000 as we write this.
By Rahul Kohali3 years ago in The Chain
Why is cryptocurrency the best investment opportunity even beyond 2020?
Back in the year 2008, a global economic catastrophe brought the world economy on its knees and completely toppled the trust of investors from the centralized financial system. Greedy capitalism had made the entire world pay and it was a great time for something as unprecedented as a new concept that puts back the control of money in your own hands to evolve. That’s what the white-paper that was written by Satoshi Nakamoto, the father of decentralization and cryptocurrencies brought for the world. There was a significant turn-around in the way people had started seeing money ever since then. From ordering a pizza with more than 20,000 to 30,0000 BTC due to its low fair-market value to witnessing an exponential rise in demand of cryptocurrencies as their prices skyrocketed with people understanding its potential.
By Rahul Kohali3 years ago in The Chain
5 Golden Rules That Every Crypto Investors Should Follow to Protect Their Investment Beyond COVID-19
Economic shockwaves at the epicenter of a global pandemic triggered at the Wuhan market in China have put the world economy in disarray. With 1.12 billion people forced to live in extreme poverty owing to considerable job losses, people are staring at their savings and counting on them for sustenance. But the sad part is that even savings are getting diminished with the problems like global lockdowns, fewer business opportunities ravaging corporates and businesses, and diminishing job openings to accommodate rising skill supply.
By Rahul Kohali3 years ago in The Chain
Difference between PCEX Member's Master Franchise, Franchise, and Freelancer Explained
There have been positive sentiments returning back in the favor of BTC as 1 BTC to INR/US$ has been skyrocketing and reaching to the moon in October. Investors who had been ravaged by the crypto ban in India likely see opportunities on the investment horizon after the ban lift and BTC recovering by 6.5% since October 2, 2020, to reach $10,500 and with the likely swing around, an $11,000 mark is highly expected by the end of October. The reason to analyze the trend was to highlight the growth of Bitcoin business in India and you must have a strong Bitcoin business plan to sustain in this challenging coronavirus period. PCEX Member, a crypto-broker in India has launched a trading business plan via a franchise model where you can earn regular returns by bringing liquidity to the exchange. Let’s look at the three models under which you can associate with PCEX Member and drive income for sustenance.
By Rahul Kohali3 years ago in The Chain
Best Exchanges to Buy Ethereum (ETH) In India
Ethereum is a blockchain-based computing platform that enables developers to build and deploy decentralized applications (Dapps)—meaning the ones not run by any centralized authority. You can create a Dapp for which the users of that particular application are the decision-making authority.
By Rahul Kohali3 years ago in The Chain
How to Become a Sub broker/Franchise with a Crypto Broker?
The cryptocurrency market is showing bullish trends lately with high returns happening in cryptocurrencies encouraging individuals to trade for better benefits in a market slowed down by the CoronaVirus pandemic. In the times, when plenty have lost their jobs and they are looking for real-time earning solutions, crypto-trading nevertheless ends up as the best option to create a passive income portfolio. But before you deep dive into the world of trading, it is necessary to have the right acumen revolving around stocks, bonds, forex, and a limitless zeal to learn new things. So, it wouldn’t be an understatement to say that working as a sub-broker franchise can bring benefits for you.
By Rahul Kohali3 years ago in The Chain
All That You Need to Know about Crypto Broking Franchise in India
The scope for trading in cryptocurrencies has strengthened in India because of immigrants, finances, and government policies favoring the trade-in 2020. During the COVID-19 crisis, a significant amount of remittances have bolstered Indian finances but high transaction fees have given opportunities to the cryptocurrencies to simplify cross border-trading and instant settlements. That said, bitcoin trading platforms have seen a significant rise lately with a few of the exchanges witnessing a 545.56% rise this year. With newly registered users sky-rocketing for undertaking trading, the need for the crypto-broking franchise in India is likely to rise and it could incentivize whosoever wants to end up as the crypto broking franchise. That brings us to question who is a crypto-broking franchise?
By Rahul Kohali3 years ago in The Chain
Top 5 Reasons Why Ethereum Is Best Crypto for Investment
Ethereum empowered the blockchain’s adoption that transcended beyond the exchange of value via Bitcoin by deploying decentralized solutions in process management. Whether it was to mitigate complex documentation in the maritime sector or making the supply chain future proof, smart-contracts powered by Ethereum Network have made operations simpler for businesses. One could well say the cliche “ good going Ethereum,” but was that enough? Perhaps, the potent of the Ethereum Network was yet to be explored that DeFi or Decentralized Financing powered by Dapps brought it to the public after all.
By Rahul Kohali3 years ago in The Chain
Is Litecoin a Better Investment Option over Bitcoin?
Litecoin is one of the first Bitcoin forks which were launched in late 2011 by former Google and Coinbase engineer Charlie Lee. To create this crypto, Lee copied the Bitcoin codebase, increased the total supply, and increased the speed at which new blocks are added to the blockchain. It was mainly constructed as a lighter alternative of BTC, but a faster and scalable one. Additionally, LTC encryption techniques are used for two critical features:
By Rahul Kohali3 years ago in The Chain
What Makes Monero the Best Investment Option?
Monero (XMR)- a fork of Bytecoin is a secure, private, and untraceable digital currency that is built on the Cryptonote protocol using Ring Signatures. Proof of Work (PoW) mechanism called CryptoNight issues new coins that provide incentives to miners for securing the network and validating transactions. Originally launched in April 2014 as BitMonero, Monero aka XM is called a privacy coin because it has inherent privacy features. Unlike most other famous blockchains, Monero’s blockchain is designed as opaque where no one else can see the account’s balance or history of transactions.
By Rahul Kohali3 years ago in The Chain
Top 5 Reasons why you should invest in cryptocurrencies today
Cryptocurrency is now the industry that grows tremendously every day and no one is willing to be indifferent. It’s no longer just digital cash. Instead, it is a huge investment opportunity that attracts the attention of large organizations, investors, and traders worldwide.
By Rahul Kohali3 years ago in The Chain
What are the Reasons Behind the Increasing Bitcoin Prices in India? PCEX Member
The crypto market in India has widened after the Supreme Court of India struck down the banking ban on Cryptocurrencies which was imposed by Reserve Bank of India (RBI). Bitcoins, the high traded cryptocurrency, has surged its prices since the beginning. The crypto market has experienced a boom since it has come. It may seem hard to believe that a decentralized digital currency could be worth in lakhs. Although the lines and codes through which BTC are mined are worthless, the price of one BTC is 8,48,680.48 INR. It has gained a significant place in the investment industry because the transaction costs are much lower than credit cards.
By Rahul Kohali3 years ago in Trader
