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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.
After having worked abroad as an NRI (non-resident Indian), you would surely have some foreign investments such as your bank account balance, investments in shares, mutual funds, etc.
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.
Investors worldwide scout for companies and their stocks that can give them good returns to achieve their financial goals.
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.
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.
Despite its skyrocketing popularity and presence in the news, investing in stocks can seem like a rather formidable activity. The risk incorporated in the idea of stock market investing can deter people from diversifying their portfolios beyond fixed deposits, gold and mutual funds.
The current investment market has gone beyond traditional asset classes that are tightly regulated by various regulatory bodies such as SEBI and RBI.
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.
The primary purpose of the exchange is to reflect the current market prices of the cryptocurrency offered.
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