5 Benefits of Trading Cryptocurrency

When it comes to trading cryptocurrencies, you have to assume that the value of the market you have chosen will increase or decrease. And the funny thing is, you never own a digital asset. In fact, it is traded with derivative products like CFD. Let’s take a look at the benefits of trading cryptocurrencies. Read on to know more.


Although cryptocurrency is a new market, it is quite volatile due to short-term speculative interest. The price of Bitcoin has dropped from $ 19,378 in 2018 to $ 5851 in just one year. However, the value of other digital currencies is quite stable, which is good news.

What makes this world so exciting is the volatility of cryptocurrency prices. Price movements offer many opportunities for traders. However, it comes with a lot of risk. Therefore, if you decide to explore the market, make sure you are doing your research and have put together a risk management strategy.

Business hours

Generally, the market is open for 24/7 trade as it is not regulated by any government. In addition, transactions are made between buyers and sellers worldwide. There may be less downtime during infrastructural updates.

Improved liquidity

Liquidity refers to how quickly a digital currency can be sold for cash. This feature is important because it allows for faster transaction time, better accuracy and better value. Generally, the market is liquid in nature due to financial transactions across different exchanges. Therefore, small business can bring big change in price.

Leveraged exposure

Since CFD trading is considered a leveraged product, you can open a position which we call “margin”. In this case, the value of the deposit is a fraction of the trade value. So, you can enjoy a great exposure in the market without investing a lot of money.

Will reflect the value of the position when the loss or gain is closed. Therefore, if you trade on margin, you can make a lot of profit by investing a small amount of money. However, it also increases the losses that can be more than your deposit in a trade. Therefore, make sure that you consider the total value of the position before investing in CFD.

Also, it is important to make sure that you are following a solid risk management strategy, so that there should be proper limits and stops.

Quick account opening

If you want to buy a cryptocurrency, make sure you do so through an exchange. All you have to do is sign up for an exchange account and keep the currency in your wallet. Keep in mind that this process can be limited and can take a lot of time and effort. However, once the account is created, the rest of the process will be quite smooth and uncomplicated.

Long story short, here and now these are among the most prominent advantages of cryptocurrency trading. We hope you find this article quite helpful.

Practical tips on how to trade cryptocurrencies

For some time now, I have been closely monitoring the effectiveness of cryptocurrencies to get a sense of where the market is heading. The routine that my elementary school teacher taught me যেখানে where you wake up, pray, brush your teeth, and eat your breakfast কিছুটা has changed a bit. There is red to know.

The start of 2018 was not a good one for altcoins and related assets. Frequent feedback from bankers about the bursting of crypto bubbles has crippled their performance. Nevertheless, strong cryptocurrency followers are still “HODLing” and, to be honest, they’re reaping the rewards.

Recently, Bitcoin has returned to around 5000; Bitcoin cash came close to $ 500 while Ethereum found peace at $ 300. Virtually every coin has been hit – apart from the newcomers who were still in a state of excitement. As of this writing, Bitcoin is back on track and is selling at $ 8900. Many other cryptocurrencies have doubled since the upward trend began and the market cap is resting from the recent crest of $ 250 billion to $ 400 billion.

If you are slowly warming up to cryptocurrency and want to be a successful trader, the following tips will help you.

Practical tips on how to trade cryptocurrencies

শুরু Start humbly

You have already heard that the price of cryptocurrency is skyrocketing. You’ve probably heard the news that this upward trend may not be lasting. Some rebels, mostly reputable bankers and economists, go so far as to call them quick-witted schemes without a stable foundation.

This type of news can make you rush to invest and fail to exercise restraint. A little analysis of market trends and investable currencies can guarantee you a good return. No matter what you do, don’t invest all your hard earned money in these assets.

Understand how the exchange works

Recently, I saw a friend of mine post a Facebook feed about a friend of his who went to trade on an exchange that had no idea how it works. This is a dangerous move. Always review the site you want to use before signing up or at least starting trading. If they provide a dummy account for playing, take that opportunity to learn what the dashboard looks like.

Don’t force yourself to trade everything

There are over 1400 cryptocurrencies to trade, but they are impossible to deal with. Spreading your portfolio over a large number of cryptos that you can effectively manage will reduce your profits. Choose a few of them, read more about them and how to get their trade signals.

Stay calm

Cryptocurrencies are volatile. It is both their loss and their blessing. As a trader, you need to understand that wild price changes are inevitable. Uncertainty about when to take a step makes one an ineffective trader. Use hard data and other research methods to determine when to perform a trade.

Successful traders belong to various online forums where cryptocurrencies related to market trends and signals are discussed. Of course, your knowledge may be enough, but you need to rely on other traders for more relevant data.

• Diversify meaningfully

Virtually everyone will ask you to expand your portfolio, but no one will remind you to deal with currencies, including real-world usage. There are some bad coins that you can deal with for quick money, but the best cryptocurrencies to deal with are those that solve existing problems. Currencies tend to be less volatile with real-world use.

Don’t diversify too soon or too late. And before you take the step to buy a crypto-asset, make sure you know its market cap, price changes, and daily trading volume. Having a healthy portfolio is a great way to reap the rewards of this digital resource.

Preparing for a Cryptocurrency World: China Edition

Over the past year, the cryptocurrency market has suffered one major setback after another from the Chinese government. The market has taken a hit like a fighter, but Combos has taken its toll among many cryptocurrency investors. The weak performance of the market in 2018 is pale compared to the thousand-percent profit in 2017.

What happened?

Since 2013, the Chinese government has taken measures to control cryptocurrency, but nothing compared to what was implemented in 2017. (See this article for a detailed analysis of official notices issued by the Chinese government)

2017 was a banner year for the cryptocurrency market with all the attention and growth it has achieved. Extreme price volatility has forced the central bank to take further drastic measures, including banning initial currency offerings (ICOs) and a clampdown on domestic cryptocurrency exchanges. Soon, mining in China was forced to close due to excessive electricity consumption. Many exchanges and factories have moved abroad to avoid regulations but remain accessible to Chinese investors. Yet, they still failed to escape the claws of the Chinese dragon.

In the latest in a series of government-led efforts to monitor and ban cryptocurrency trading among Chinese investors, China has expanded its “Eagle Eye” to monitor foreign cryptocurrency exchanges. Suspicious companies and bank accounts for dealing with foreign crypto-exchanges and related activities are subject to measures ranging from limiting withdrawals to freezing accounts. There are even ongoing rumors within the Chinese community to take more drastic steps to implement it on foreign platforms that allow business among Chinese investors.

“Whether further regulatory action will be taken, we will have to wait for the order of the higher authorities.” Excerpts from an interview with the leader of a team from China’s Public Information Network Security Supervision Agency under the Ministry of Public Security on February 26

Why why !?

Imagine that your child is investing his savings in a digital product (in this case, cryptocurrency) that has no way of verifying its authenticity and value. He can be lucky and enrich it, or lose it all if the crypto-bubble bursts. Now scale it to millions of Chinese citizens and we are talking about billions of Chinese Yuan.

The market is full of scams and meaningless ICOs. (I’m sure you’ve heard of people sending coins to random addresses with the promise of doubling their investment, and ICOs that aren’t easy to understand). Many unskilled investors are in it for the money and will think less about the technology and innovation behind it. The value of many cryptocurrencies is derived from market estimates. During the crypto-boom in 2017, participate in any ICO with a reputable advisor onboard, a promising team or a decent promotion and at least 3X your investment will be guaranteed.

Lack of understanding of the firm and the technology behind it, combined with the proliferation of ICOs, is a recipe for disaster. Central bank members report that about 90% of ICOs are involved in fraudulent or illegal fundraising. In my opinion, the Chinese government wants to make sure that the cryptocurrency remains ‘controllable’ and not big enough to fail within the Chinese community. While China is aggressive and controversial, it is taking the right steps towards a safer, more regulated cryptocurrency world. In fact, it could be the best move the country has taken in decades.

Will China issue an ultimatum and make cryptocurrency illegal? I highly doubt it because it is quite meaningless to do. Currently, financial institutions are prohibited from holding any crypto assets when individuals are permitted but are prohibited from conducting any type of transaction.

A state-run cryptocurrency exchange?

In the annual “two sessions” (named because the two main parties – the National People’s Congress (NPC) and the National Committee of the Chinese People’s Political Consultative Conference (CPCC) both attend the forum in the first week of March, leaders discuss necessary issues and Gather to correct.

Wang Pengjie, a member of the NPCC, has launched educational projects on blockchain and cryptocurrency in China, along with the possibility of a state-run digital asset trading platform. However, a certified account will be required to allow trading on the proposed platform.

“A regulated and efficient cryptocurrency exchange platform, in collaboration with the People’s Bank of China (PBoC) and the China Securities Regulatory Commission (CSRC), will serve as a formal way for companies to raise funds (through their ICOs and investors).” To retain and gain capital appreciation ”is part of Wang Pengjie’s presentation at the two sessions.

March towards a blockchain nation

Governments and central banks around the world have struggled to cope with the growing popularity of cryptocurrencies; But one thing is for sure, everyone has accepted the blockchain.

Despite the cryptocurrency crackdown, blockchain is gaining popularity and acceptance at various levels. The Chinese government is supporting blockchain initiatives and adopting technology. In fact, the People’s Bank of China (PBoC) is working on a digital currency and has made mock transactions with some commercial banks in the country. It is not yet certain that digital currency will be decentralized and will provide features of cryptocurrency such as anonymity and immutability. The last thing China wants in their country, despite being anonymous, would be no surprise if it turned out to be just a digital Chinese yuan. However, created as a close alternative to the Chinese yuan, the digital currency will be subject to existing monetary policy and legislation.

Zhou Xiaochuan, Governor of the People’s Bank of China. Source: CNBC

“Lots of cryptocurrencies have seen explosive growth that could have a significant negative impact on consumers and retail investors. We don’t like (cryptocurrency) products that exploit the huge scope of speculation that gives people the illusion of getting rich overnight,” excerpts Friday, March 9th. Xiaochuan interview.

In a media appearance on Friday, March 9, the governor of the People’s Bank of China, Zhou Xiaochuan, criticized the cryptocurrency schemes that help cash in the crypto-boom and fuel market speculation. He further added that the development of digital currency is ‘technically inevitable’.

At the regional level, many Chinese cities are running blockchain initiatives to grow their territories. Hangzhou, famous for its Alibaba headquarters, ranked blockchain technology as one of the city’s top priorities in 2018. It is also proposed to build an incubation center in Chengdu to encourage local governments to adopt blockchain technology. City Financial Services.

Local conglomerates such as Tencent and Alibaba have formed partnerships with blockchain firms or started projects themselves. Blockchain companies like VeChain have also secured multiple partnerships with Chinese companies to improve the transparency of the supply chain in China.

All the clues indicate that China is working towards a blockchain nation. China has always had an open mind towards emerging technologies such as mobile payments and artificial intelligence. Hence, it is doubtful that China will be the first blockchain-enabled country. Will we see the Chinese government retreat and allow its citizens to trade again? Perhaps, when the market has matured and is less volatile but definitely not in 2018.

How to trade cryptocurrencies – The key to investing in digital currency

Whether it’s the concept of cryptocurrency or the diversity of their portfolios, people from all walks of life are investing in digital currency. If you are new to the concept and wondering what is going on, here are some basic ideas and considerations for investing in cryptocurrency.
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What cryptocurrencies are available and how do I buy them?

With a market cap of about $ 278 billion, Bitcoin is the most established cryptocurrency. Ethereum is in second place with a market cap of over $ 74 billion. In addition to these two currencies, there are many more options, including Ripple (28B), Litecoin ($ 17B) and MIOTA ($ 13B).
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Being the first in the market, there is a lot of exchange for bitcoin trading around the world. BitStamp and Coinbase are two well-known US-based exchanges. Bitcoin.de is an established European exchange. If you are interested in trading other digital currencies with Bitcoin, this is a crypto marketplace where you will find all the digital currencies in one place. Here is a list of exchanges according to their 24-hour trade volume.
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What options do I have to save my money?

Another important consideration is saving coins. An alternative, of course, is to store them on the exchange where you buy them. However, you need to be careful when choosing an exchange. The popularity of digital currencies has led to many new, unknown exchanges popping up everywhere. Take the time to do your best so you can avoid scammers.
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Another option you have with cryptocurrencies is that you can save them yourself. One of the safest options for saving your investment is a hardware wallet. Companies like Laser also allow you to store bitcoins and other digital currencies.
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What is the market like and how do I know more about it?

The cryptocurrency market fluctuates a lot. The volatile nature of the market makes it more suitable for long-term play.

There are many established news sites that report on digital currencies, including Coindesk, Business Insider, Coin Telegraph, and Cryptocoin News. In addition to these sites, there are many Twitter accounts that tweet about digital currencies, including itBitcoinRTs and ltAltCoinCalendar.
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The goal of digital currency is to disrupt the traditional currency and commodity market. Although these currencies still have a long way to go, the success of Bitcoin and Etherium has shown that there is real interest in the concept. Understanding the basics of cryptocurrency investing will help you get on the right track
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All eyes are on the United Trade Club

The world is witnessing a phase of lasting change in its economic presentation of what money looks like.

Just like in the past when commodities of value were used as a medium of exchange and then currency came and now financial bills, the economic market is taking an irreversible turn towards cryptocurrency and the fact remains that no matter what you buy sooner or later, you must change with the changing times.

The situation that every capitalist tries to avoid is that ordinary people have as much control over their own money – as the capitalists. The first step in getting rich is to have control over your finances which leads to financial decision making which will increase your funds by investing wisely.

The United Trade Club is a group formed with the main goal of keeping the benefits of the three major financial markets within reach of all; Ensuring that people make real investment decisions for the first time that will benefit them entirely driven by cryptocurrency. The United Trade Club, with a team of experts who have spent years studying the blockchain and cryptocurrency markets, has come up with a trade-and-profit initiative called Trade-O-BOT. Trade-O-Bot is an automated robot trading system designed by a team of trained professionals as well as skilled engineers to trade the three major financial markets simultaneously for maximum profit for investors.

The United Trade Club is designed for people who want financial freedom, knowledge, and knowledge of new trends in the economic market with the crypto market. The user-friendly interface, the affordable packages, the added benefits of being a user, and the more enticing bonuses of being affiliate all ensure that one will be part of this profit at the highest level and learn beyond what ordinary people will do. Learn about financial markets.

United Trade Club is the best thing for crypto users and those who transact, or even just save crypto currency because they trade for you and can only gain extra profit by being an affiliate and referring others.

A team of professionals, including well-experienced blockchain developers who put the system at the top of the chain, businessmen, marketers, psychologists who are up to date on the best way to transmit knowledge of complex blockchain technology, and a team of lawyers – all contribute to platform security and functionality.

The blockchain platform is constantly being upgraded to keep pace with the rapidly evolving technology and more research is being done than any other team of experts.

The United Trade Club accommodates every entrepreneur, partisan, government employee and worker interested in the financial market.

With all the advances, the United Trade Club is the future of cryptocurrency backed trading.

How Cryptocurrency Trading Software Helps Enhance Your Crypto Platform

The Cryptocurrency Trading Software Package is an integrated system for managing all aspects of cryptocurrency trading platforms such as crypto buying, selling, exchanging, lending, MLM and affiliate management, conversion, live market comparison and analysis.
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Important features you should consider:

Buy, Sell and Exchange: Nishui is an impressive trading management system that offers your users a smooth and secure way to easily buy, sell and exchange cryptocurrencies.
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Transaction Management: This system is a system for managing completely broking-friendly crypto loan services, such as managing, maintaining and controlling offers, etc.

Unique Admin Module: Nishu has a secure and advanced admin module for you to control your cryptocurrency exchange end-to-end.
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Individual Customer Profiles: Individual customer profile modules that help your users easily track and check all open deposits or orders, records, transactions, etc. with just one click.

MLM and Affiliate Management: These Marketing Ready automation tools help you manage affiliate commissions, contribution history and documents according to your level.
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Market Comparison and Converter: Two additional systems have been integrated for live crypto comparison, conversion and in-depth analysis.

How Cryptocurrency Trading Software Helps Enhance Your Crypto Platform:

Coin Deposits and Withdrawals: Crypto traders need to maintain lots of deposit and withdrawal requests every day. Trading software helps its automated set algorithm to manage your activity.

Coin packages and lending offers: Keep your various coin packages and loan offers at your customer’s fingertips. You can create, manage and advertise your offers using a well-designed package.
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Level Wise Commission: If you follow the MLM strategy to reward your respective participants, and worry about setting their commissions? OK, it’s ready to calculate commissions automatically according to their level.

Notification and Risk Management: Every crypto trading platform must have a push notification system to keep itself and its clients up to date on many worrying issues thus helping to eliminate risk. In this case, a system project is completely perfect.
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Multiple Payment Gateways: You can integrate your cryptocurrency wallet, local currency, pairs and even mobile banking system as a payment method in this software to hassle your transactions.

Daily, Weekly and Monthly ROI: Are you worried about maintaining your ROI as you say? This cryptocurrency trading management software can automatically calculate ROI, commissions and more according to your instructions.

Free Responsive Website: It must integrate a fully responsive, SEO optimized dynamic website with our system and it is completely free. This will help you to manage your enterprise smoothly.
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Crypto Comparison, Conversion and In-Depth Analysis: Two integration systems, Crypto Live Market Cap and Coin Converter, have been integrated for live crypto comparison, conversion and in-depth analysis.

100% Secure Systems: A trading software designed with extreme security concerns in mind. This cryptocurrency trading software incorporates secure integer structures, two-factor authentication and many other security measures.

The ultimate package for exclusive spot cryptocurrency trading that allows users to trade Bitcoin, Bitcoin Cash, Etherium and Lightcoin through Coinbase. Built on the same technology that enables Nishu software, it incorporates proven market-leading tools built over 25 years to provide both professional and active cryptocurrency traders with a better experience than what other crypto-only trading solutions currently offer.

Cryptocurrency volatility, a profitable rollercoaster

This year we can see that cryptocurrencies move up and down 15% of the price on a daily basis. Such changes in prices are known as volatility. But what if … these completely normal and sudden changes are one of the features of cryptocurrency that allows you to make good profits?

First, cryptocurrencies have become mainstream very recently, so all the news and rumors about them are “hot”. After every statement by government officials about regulating or banning the cryptocurrency market, we see huge price movements.

Second, the nature of cryptocurrencies is much like a “price shop” (like gold was in the past) – many investors consider them as an alternative to backup investing in physical assets such as stocks, gold and fiat (traditional) currencies. The speed of the transfer also affects the volatility of the cryptocurrency. With the fastest ones, the transfer takes just a few seconds (up to a minute), which makes them a great asset for short-term trading, if there is currently no good trend on other types of assets.

One thing to keep in mind is that cryptocurrencies also have a lifetime trend. Regular market trends can last for months or even years – here it happens in just a few days or hours.

This brings us to the next point – even though we are talking about a market worth hundreds of billions of US dollars, it is still much less than the daily trading volume of the conventional currency market or stocks. So 100 million transactions in the stock market will not cause a huge change in the value of a single investor, but it is a significant and significant transaction on the scale of the cryptocurrency market.

Since cryptocurrencies are digital assets, they are subject to technical and software updates of cryptocurrency features or expansion of blockchain collaboration, which makes it more attractive to potential investors (e.g. SegWit activation essentially doubles the value of bitcoin).

It is because of the combination of these elements that we are seeing such a big change in the price of cryptocurrency in a matter of hours, days, weeks, etc.

But answering the question in the first paragraph – one of the classic rules of trading is to buy cheap, sell more – so having a small but strong trend every day (instead of lasting weeks or months like stock) gives a lot more opportunities to make a decent profit if used properly. .

Has cryptocurrency become the dream investment of every Indian?

Rich rewards often carry big risks, and this is especially true in highly volatile cryptocurrency markets. The uncertainty of 2020 has increased the interest of the public and large institutional investors in global cryptocurrency, a new-age asset class business. More than 10 million Indians have invested in the past year due to increasing digitization, flexible regulatory framework, and lifting of Supreme Court bans on banks dealing with crypto-based firms. Several major global cryptocurrency exchanges are actively looking at the Indian crypto market, which has seen a steady increase in the volume of daily transactions over the past year as many investors were looking to buy value. As the cryptocurrency frenzy continues, many new cryptocurrency exchanges have emerged in the country that enable buying, selling and trading by providing functionality through user-friendly applications. WazirX, India’s largest cryptocurrency trading platform, doubled its users from one million between January and March 2021.

What drives the world’s largest crypto exchanges in the Indian market?

In 2019, Binance acquired the Indian trading platform, WazirX, the world’s largest cryptocurrency exchange by volume of trade. Another crypto start-up, Coin DCX secured investments from Seychelles-based Bitmax and San Francisco-based giant Coinbase. Crypto and blockchain start-ups in India attracted USD99.7 million investments as of June 15, 2021, up from around USD95.4 million in 2020. In the last five years, global investment in the Indian crypto market has grown by a whopping 1487%.

Despite India’s vague policy, global investors are placing huge bets on the country’s digital currency ecosystem for a variety of reasons, such as

Technology-intelligent Indian population

The main population of 1.39 billion is young (average age between 28 and 29) and tech-savvy. While the older generation still prefers to invest in gold, real estate, patents or equities, the newer ones are embracing high-risk cryptocurrency exchanges because they can adapt more to them. India ranks 11th in Chainalysis’s 2020 report list for global crypto adoption, which shows the excitement about crypto among the Indian population. The government’s less friendly attitude towards crypto or the rumors circulating around crypto are not able to shake the confidence of the youth in the digital coin market.

India offers the cheapest internet in the world, where one gigabyte of mobile data costs around $ 0.26 and the global average is $ 8.53. As a result, nearly half a billion users are taking advantage of affordable Internet access, increasing the potential to become one of the world’s largest crypto economies. According to SimilarWeb, the country is the second largest source of web traffic on Paxful, a peer-to-peer bitcoin trading platform. While the mainstream economy is still battling “epidemic effects”, cryptocurrency is gaining momentum in the country as it provides a new and faster way for young people to earn money.

It is safe to say that cryptocurrency could turn into the Indian millennium What gold is for their parents!

The rise of fintech start-ups

The cryptocurrency craze has led to the emergence of multiple trading platforms such as WazirX, CoinSwitch, CoinDCX, ZebPay, Unocoin and many more. These cryptocurrency exchange platforms are highly secure, accessible across various platforms and allow instant transactions, providing a friendly interface for crypto enthusiasts to buy, sell or trade digital assets unlimited. Many of these platforms accept INR for purchases and the trading fee is 0.1% lower so simple, fast, and secure platforms present a lucrative opportunity for both first time investors and local traders.

WazirX is one of the leading cryptocurrency exchange platforms with over 900,000 users that enables customers to make peer-to-peer transactions. CoinSwitch Kuber provides the best cryptocurrency exchange platform for Indians and is ideal for beginners as well as day laborers. Unocoin is one of the oldest cryptocurrency exchange platforms in India, accounting for over one million merchants through mobile applications. CoinDCX offers users 100+ cryptocurrencies as an exchange option and even insures investors to cover losses in the event of a security breach. Therefore, investors around the world are looking at the proliferation of cryptocurrency exchange platforms in India to take advantage of emerging markets.

• Mixed response from the government

Legislation related to the prohibition against a virtual currency that would criminalize anyone involved in possession, issue, mining, business and transfer of crypto assets may be enacted. However, Finance and Corporate Affairs Minister Nirmala Sitharaman eased the concerns of some investors by saying that the government did not plan to stop using cryptocurrency completely. In a statement to the Deccan Herald, a leading English newspaper, the finance minister said: “From our point of view, we are very clear that we are not closing all options. We will allow certain windows to experiment with blockchain, bitcoin, or cryptocurrency. ” It is clear that the government is still examining the national security risks posed by cryptocurrencies before deciding on a complete ban.

In March 2020, the Supreme Court overturned the central bank’s decision to ban financial institutions from trading in cryptocurrencies, prompting investors to enter the cryptocurrency market. Despite the long-standing fear of sanctions, the volume of transactions continues to rise, and user registrations and money flows on local crypto-exchanges are up to 30 times higher than a year ago. One of the oldest exchanges in India, Unocoin added 20,000 users in January and February 2021. The total volume of Zebpay per day in February 2021 is equivalent to the volume created for the whole month of 2020. Addressing the cryptocurrency situation in India, the finance minister said in a CNBC-TV18 interview, “I can only give you the clue that we are not closing our minds, we are looking at ways to make experiments happen in the digital world and cryptocurrency.”

Until the government imposes a ban on “private” cryptocurrencies and declares a sovereign digital currency, investors and stakeholders want to make the best of the digital currency ecosystem, rather than sitting on the sidelines.

Is India moving towards financial inclusion with cryptocurrency?

Once considered a “boys’ club” due to the male dominance in the cryptocurrency market, a growing number of female investors and traders have led to more gender neutrality in new and digital forms of investment. In the past, women used to stick to traditional investments but now they are becoming risk takers and entering the crypto space in India. After the Supreme Court clarified the validity of “virtual currency”, the Indian cryptocurrency platform, CoinSwitch has witnessed an indicative 1000% increase in its female users. Although female investors still make up a small percentage of the crypto community, they are creating intense competition in the Indian market. Women save a lot more than their male counterparts and more savings means more diversification in investments like high-return assets like cryptocurrency. Also, women are more analytical and better at risk assessment before choosing the right investment, so they are more successful investors.

Increasing the mainstream institutional acceptance of cryptocurrencies

The uncertainty and panic caused by the SARS-Covid 19 led to a liquidity crisis before the economic crisis began. Many investors have converted their holdings into cash to protect their finances, leading to lower Bitcoin and Altcoin prices. But while crypto has suffered a major setback, it has become one of the best performing asset classes of 2020. With the increasing weakness of the system and the loss of confidence in central bank policy and money in its current design, people’s appetite for digital currency has increased, leading to a rebound in cryptocurrency. Due to the great performance of cryptocurrency in the midst of the global financial crisis, the uptrend has strengthened the interest in virtual currency markets in Asia and the rest of the world.

Furthermore, to accelerate society’s demand for convenient and reliable transaction solutions, digital payment gateways such as PayPal have also shown their support for cryptocurrencies that enable customers to retain, buy or sell virtual assets. Recently, Tesla CEO Elon Musk announced an investment of USD1.5 billion in the cryptocurrency market and the electric company will accept bitcoin from buyers, raising the value of international bitcoin from USD40,000 to USD48,000. Day is approving two major payment platforms worldwide, Visa and MasterCard, by introducing cryptocurrencies as a medium of transaction. Although Visa has already announced that it will allow transactions with stable coins in the Ethereum blockchain, MasterCard will begin trading with crypto in 2021.

What does the future hold for the cryptocurrency market in India?

The Indian cryptocurrency market is not free from a terrible crypto crash. Despite huge investments from global counterparts, local investors are still reluctant to invest in cryptocurrencies due to uncertainty over the legitimacy of India’s digital currency ecosystem as well as high market volatility. Although the cryptocurrency market has been growing since last year, Indians own less than 1% of the world’s bitcoin, which poses a strategic challenge to the Indian economy. The Government of India is planning to appoint a new panel to study the feasibility of digital currency control in the country as well as to focus on blockchain technology and to propose it for technological advancement.

The ability of blockchain technology to provide a secure and unalterable infrastructure has been realized by various industries to establish transparency in transactions. For countries with more than 15 million cryptocurrencies, the committee’s new recommendations could be invaluable in determining the future of cryptocurrency in India. However, stakeholders believe that technological and economic power will make India a key player in the crypto and blockchain market. Gradually, cryptocurrency is gaining mainstream acceptance, which could lead to higher adoption of digital currencies.

According to another “TechSci Research Report on India Cryptocurrency Market Offer (Hardware and Software), Process (Mining and Transaction), By Type (Bitcoin, Itzarium, Bitcoin Cash, Ripple, Dashcoin, Lightcoin, Other), By End User (Banking, Real Estate, Stock Market and Virtual Currency) , By region, forecast and opportunity, 2026 “, India’s cryptocurrency is expected to grow at a significant CAGR due to transparency and reduced transaction costs.

Cryptocurrency – the way forward and the possibilities

Cryptocurrency tends to get better every day. Like your viral posts on social media, it continues to increase your resources A contagious financial tool for a good portfolio and a catalyst for growth. An interesting fact is that there are more than 5000 cryptocurrencies.

2021 has been a great year, but where do we go from here?

Let us make the situation bigger here. Both Bitcoin and Ethereum have touched high bar of performance. Long-term investors are relying on it. As you read this article, there may be more wonderful news about cryptocurrency. I will try to highlight the future possibilities of cryptocurrency here.

There are currently new rules. They are under the carpet. Measures have been taken to reduce the risk from cyber criminals. The purpose is to make this investment a safe tool for people. For example: China declared in September that all cryptocurrency transactions were illegal. Clear regulations will remove all obstacles to make it a safe trade.

How will the new regulations affect investors?

It will be easier to track IRS tax evasion. Investors can keep a transparent record of transactions. For example: It would be easy to record a capital gain or loss on a crypto-asset. On the other hand, fluctuations in cryptocurrency prices will also affect the market.

ETF Approval – An Important Thing to Consider

Bitcoin ETF debuted on NYSE. This will help investors to purchase cryptocurrencies from existing investment firms. Due to increasing demand, both equity and bond markets cope with it. Let’s look at it from the investor’s point of view. The easy availability of cryptocurrency assets helps people to buy them without any hassle. If you plan to invest in Bitcoin ETFs, keep in mind that the risks are the same as for other cryptocurrencies. You have to be willing to take risks. Otherwise, it is useless to invest your money.

What will happen in the future?

Bitcoin is the best in the crypto market. It has the highest market capitalization rate. In November 2021, the price rose to 000 68,000. The rate was $ 60,000 in October and $ 30,000 in July. There are high fluctuations in market prices. Experts recommend keeping the market risk below 5% for cryptocurrencies in the portfolio. People are optimistic about short-term growth. One reason to consider the volatility of Bitcoin prices. If you want to play for a long time, short term results will not affect you.

It is not a good idea to look at a corner from it to increase your wealth. In addition to cryptocurrency, stick to traditional investment tools. For example: If you want cryptocurrency as a tool to save for your leisure, then it is time to reconsider your decision. Keep your investments small and diversify them. This will reduce the risk factor. At the same time, you will have more time to think about cryptocurrency.

You need to spend your money wisely and then invest in cryptocurrency. One must evaluate the risk factor associated with it and make a decision. I hope this article helps you.

Things that look positive for cryptocurrency

Although the market in the cryptocurrency market has been revised in 2018, everyone agrees that the best is yet to come. There has been a lot of activity in the market that has changed the tide for the better. With the right analysis and the right dose of optimism, anyone who invests in the crypto market can make millions from it. The cryptocurrency market is here to stay in the long run. Here in this article, we give you five positive things that can encourage more innovation and market value in cryptocurrency.

1. Innovation in scaling

Bitcoin is the first cryptocurrency on the market. It has maximum number of users and maximum value. It dominates the entire value chain of the cryptocurrency system. However, this is not without problems. The main hurdle is that it can handle only six to seven transactions per second. By comparison, credit card transactions average a few thousand per second. Apparently, there is room for improvement in the scaling of transactions. With the help of peer-to-peer transaction network on top of blockchain technology, it is possible to increase the volume of transactions per second.

2. Valid ICO

Although there are cryptocurrencies with stable prices in the market, new coins are being created that are designed for a specific purpose. Coins like IOTA are designed to help the Internet of Things market the exchange of power currencies. Some coins solve cyber security problems with encrypted digital vaults to save money.

The new ICOs are bringing innovative solutions that disrupt existing markets and bring a new value to the transaction. They are gaining market dominance through their easy-to-use exchanges and reliable backend operations. They are innovating both technically for specialized hardware and financial markets for mining with more freedom and options for investors on the exchange.

3. Clarity about control

In the current context, most governments are studying the effects of cryptocurrency on society and how its benefits can be extended to the wider community. We can hope that the results of the research will be reasonable.

Some governments are already trying to legitimize and control the crypto market like any other market. It will protect ignorant retail investors from losing money and protect them from losses. The abolition regulation that encourages cryptocurrency growth is expected to appear in 2018. This will pave the way for widespread adoption in the future.

4. Increase application

There is a lot of enthusiasm for the application of blockchain technology in virtually every industry. Some startups are coming up with innovative solutions like digital wallet, debit card for cryptocurrency etc.

The reputation of cryptocurrency as a medium of transaction will be further strengthened as more people trust this system. While some startups may not survive, they will positively contribute to the overall health of the market by creating competition and innovation.

5. Investments from financial institutions

Many international banks are watching the cryptocurrency scene. This could lead to institutional investors entering the market. Significant institutional investment flows will fuel the next phase of cryptocurrency growth. It has captured the fancy of many banks and financial institutions.

As surprises and barriers in the vicinity of cryptocurrencies diminish, more will be taken from traditional investors. This will lead to a lot of dynamism and liquidity for any growing financial market. Cryptocurrency will become the de facto currency for transactions around the world.