With the passage of the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 on January 29, 2021 in the lower house of the parliament, i.e., Lok Sabha, investors in India might be quite uncertain about their move. What is the destiny of Bitcoin in India? PCEX Member, a leading cryptocurrency exchange in India, […]
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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. Ethereum (ETH) is the native cryptocurrency of the platform. It is the second-largest
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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! In fact, 2021 has been the year, when Indians are most informed about the benefits of investing in cryptocurrency. Concurrently, it’s the year, when bitcoin has
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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
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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
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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
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The worth of the cryptocurrency market was USD 237.03 billion in 2019 which is up in value from 128.78 billion in 2018. The recent Bitcoin and ETH bull run pushed the market to an ATH of 1 trillion dollars at the time of writing as per Statista. Having said that, most people have taken the
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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
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