Thursday, February 25, 2021
Only Bitcoin Market News
Advertisement
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • investors
  • Technical
  • Crash
  • spam
  • stock
  • Blockchain
  • Videos
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • investors
  • Technical
  • Crash
  • spam
  • stock
  • Blockchain
  • Videos
Only Bitcoin Market News
No Result
View All Result

Beginner’s Guide: 3 Things to Keep in Mind Before Investing in Bitcoins in India

2 weeks ago
in Beginners
2 min read
Beginner’s Guide: 3 Things to Keep in Mind Before Investing in Bitcoins in India
Share on FacebookShare on Twitter


The global bitcoin rush has rubbed off on the Indian investors too, making India the second-biggest bitcoin nation in Asia after China. Here are a few things to keep in mind before buying bitcoins:

Safety Concerns

Bitcoins are intangible digital assets that must be stored in secure wallets. Plus, since these are digital assets, all the best practices of the online world are to be followed.

That’s why choosing the cryptocurrency trading app is something one needs to give serious thought to, and security along with ease of use should be high priority criteria of selection.

Deciding the Entry/Exit Plan

Many investors who invest in bitcoins have no entry or exit plan, which can be detrimental to their financial planning.

Related articles

Crypto Influencers: Top 5 People Making Waves in the Market This Week – Feb 17-24 –

Crypto Influencers: Top 5 People Making Waves in the Market This Week – Feb 17-24 –

February 24, 2021
The Beginner’s Guide on Bitcoin Price Analysis – Report Door

The Beginner’s Guide on Bitcoin Price Analysis – Report Door

February 24, 2021

It is important to decide about the plan first, as to when the investor will enter and exit a particular cryptocurrency, what are his/her expected returns, is she/her over-committed.

Risks and Volatility

Investors should always study the risks and volatility associated with bitcoin investing. Avoid getting swayed by hype and invest time in studying risks and volatility associated with bitcoin and other cryptocurrencies. Beginners would be well advised to start with an amount of Rs 10, Rs 50, Rs 100, depending on their risk appetite, disposable income, and such factors.

Anyone who has the risk appetite of dealing in a volatile new asset class along with a sufficiently long time horizon to meet their financial goals should invest in bitcoins.





Read more:Beginner’s Guide: 3 Things to Keep in Mind Before Investing in Bitcoins in India

Tags: AsiaBeginnersBitcoinbitcoin news todaybitcoinsChinaCryptocurrencyDigital CurrencyguideIndiainvestingMind

Related Posts

Crypto Influencers: Top 5 People Making Waves in the Market This Week – Feb 17-24 –

Crypto Influencers: Top 5 People Making Waves in the Market This Week – Feb 17-24 –

by Bitcoin Market
February 24, 2021
0

BIC takes a look at the top five crypto influencers who played a role in making the news over...

The Beginner’s Guide on Bitcoin Price Analysis – Report Door

The Beginner’s Guide on Bitcoin Price Analysis – Report Door

by Bitcoin Market
February 24, 2021
0

Despite being the most hyped and highly profitable cryptocurrency, investing in bitcoin still scares many investors especially beginner traders....

How trustworthy are investment apps like Charles Schwab and Robinhood?

How trustworthy are investment apps like Charles Schwab and Robinhood?

by Bitcoin Market
February 23, 2021
0

When Gamestop (GME) and several other Reddit-hyped stocks soared recently, investment apps including Robinhood came under fire for temporarily...

How to buy Bitcoin and other cryptocurrencies on iPhone and Mac | AppleInsider

How to buy Bitcoin and other cryptocurrencies on iPhone and Mac | AppleInsider

by Bitcoin Market
February 23, 2021
0

Cryptocurrencies have gone mainstream, becoming an increasingly popular payment method and trade vehicle. Here's how to buy some on...

Bitcoin Group SE with strong start into 2021- Integration of Bitcoin Deutschland AG

Statistics Canada revises up two core measures of inflation for January

by Bitcoin Market
February 22, 2021
0

Statistics Canada revises up two core measures of inflation for January Yahoo Finance Read more:Statistics Canada revises up...

Load More

Trend Now

  • Trending
  • Comments
  • Latest
Crypto-Powered Social Media Platform Voice Planning Launch for July 4 | CryptoGlobe

Crypto-Powered Social Media Platform Voice Planning Launch for July 4 | CryptoGlobe

June 8, 2020
J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

May 19, 2020
Argo Blockchain boosts mining margins in July

Argo Blockchain boosts mining margins in July

August 5, 2020
Institutional investors see Bitcoin holding US$50,000 suggests ETP provider

Institutional investors see Bitcoin holding US$50,000 suggests ETP provider

February 18, 2021
Bitcoin boom backstopped by central banks’ easy-money policies

Bitcoin boom backstopped by central banks’ easy-money policies

February 4, 2021
5 Cryptocurrency Staking Providers – A Review | Hacker Noon

5 Cryptocurrency Staking Providers – A Review | Hacker Noon

January 30, 2021
Argo Blockchain reports earnings and revenue surge in first half as Bitcoin mining

Argo Blockchain reports earnings and revenue surge in first half as Bitcoin mining

0
Bitcoin daily chart alert – Bullish chart pattern develops – May 19

Bitcoin daily chart alert – Bullish chart pattern develops – May 19

0
Calvin Ayre Invests in True Reviews: A New Take on Consumer Review Sites Built on the

Calvin Ayre Invests in True Reviews: A New Take on Consumer Review Sites Built on the

0
J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

0
Crypto.com’s MCO Visa Cards Are Now Shipping In Europe – Fintech Singapore

Crypto.com’s MCO Visa Cards Are Now Shipping In Europe – Fintech Singapore

0
Elon Musk tried to explain Bitcoin to JK Rowling on Twitter and this happened

Elon Musk tried to explain Bitcoin to JK Rowling on Twitter and this happened

0
Argo Blockchain reports earnings and revenue surge in first half as Bitcoin mining

Argo Blockchain reports earnings and revenue surge in first half as Bitcoin mining

February 25, 2021
Bitcoin: What its history reveals about its future | DW | 24.02.2021

Bitcoin: What its history reveals about its future | DW | 24.02.2021

February 25, 2021
Charlie Munger on Bitcoin: ‘buy the unspeakable’

Charlie Munger on Bitcoin: ‘buy the unspeakable’

February 25, 2021
Dogecoin jumps 25% after a one-word Elon Musk tweet about the red-hot cryptocurrency

Dogecoin jumps 25% after a one-word Elon Musk tweet about the red-hot cryptocurrency

February 25, 2021
Bitcoin’s 2021 rally is minting thousands of crypto ‘diamond hands’ millionaires

Bitcoin’s 2021 rally is minting thousands of crypto ‘diamond hands’ millionaires

February 25, 2021
Bitcoin Dump Saw Exchange Inflow Jump Over 1,000%, Whale Address Sells 2,700 Coins,

Bitcoin Dump Saw Exchange Inflow Jump Over 1,000%, Whale Address Sells 2,700 Coins,

February 25, 2021
  • Contact Us
  • Terms of Use
  • Cookie Privacy Policy
  • Privacy Policy
  • DMCA

© 2020 MarketForBitcoin.com

No Result
View All Result
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • investors
  • Technical
  • Crash
  • spam
  • stock
  • Blockchain
  • Videos

© 2020 MarketForBitcoin.com

  • bitcoinBitcoin(BTC)$50,602.001.40%
  • bitcoin-cashBitcoin Cash(BCH)$536.120.176%
  • binance-coinBinance Coin(BNB)$249.101.93%
  • bitcoin-goldBitcoin Gold(BTG)$28.07-0.66%
  • bitcoin-privateBitcoin Private(BTCP)$0.84714.74%
  • blocktixBlocktix(TIX)$0.0200.00%