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Investors look for price fluctuation in any security or a commodity that can be traded to make profits. The Indian investment market thus offers numerous ways by leveraging various tradable commodities.
One of the most popular directions which new-age investors are going is Cryptocurrencies. You may have heard about various cryptocurrencies and how they have made people millionaires in just a few days.
According to a recent UNCTAD* survey, India is the third-most attractive nation after China and the United States for Foreign Direct Investment.
With a majority of the population now owning a smartphone, people use it to help themselves make the best of this technological resource–including generating profit through their investments.
Before 2017, if people wanted to invest and multiply their wealth, the only way was to invest in regulated financial instruments such as equities, derivatives, commodities, currencies and bonds.
Money, but virtual; that’s the main idea behind cryptocurrencies. Cryptocurrencies are defined as the digital version of money that is created and held as virtual coins or tokens.
The current investment market has gone beyond traditional asset classes that are tightly regulated by various regulatory bodies such as SEBI and RBI.
Why restrict your investments to one asset class when numerous others can give you better returns at a quicker pace.
The evolution of money from barter system, Bretton wood system to fiat money has been a great journey. From ancient times in India, precious metals were used as currency.
Retail Investors who put all of their investments in one asset class are always confused about how other investors make such good profits in the financial market.
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