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Currency |
Cryptocurrency |
People across the world want to make Money.
Infact, Fast Money!!
Most of them tend to enter markets at the wrong time or get carried away by false news.
One needs to be very prudent while investing and not go by just hearsay.
Money can be made by investing in stock markets, gold and silver, also the new currency called Cryptocurrency.
World Stock Exchanges are booming Dow Jones is at a new high; Nifty is also around new highs. So guys do you think is it right to invest for long term? Well, I personally feel stock markets are too heated and long term investments are certainly not advisable however one can look for some bargain hunting with short term perspective.
Also geopolitical tensions looming large, so where does money work for you?
Also geopolitical tensions looming large, so where does money work for you?
Well investing in these uncertain times for long term, gold and silver look like good investments.
One cannot hold paper currency, so Cryptocurrency is a platform where one can hold along with appreciation and can also be added in a portfolio.
Link
Link
The top 2 as far as market cap is concerned are Bitcoin and Ethereum.
Keeping money in banks as fixed deposits will give negative returns with low or negative interest rates. Hence, digital currency is an option for the hardcore investor.
People do tend to say that cryptocurrency is a scam. However with Japan, China and most recently Australia regulating the digital currency exchanges seem like more & more countries will follow the same.
A couple of them are Bitstamp and Kraken.
A couple of them are Bitstamp and Kraken.
However one needs to be very prudent in selecting the correct digital currency exchange before investing.
In my next article, I will update more about World Markets.
*It will be highly appreciated if you give a feedback be it negative or positive for further improvement.
Disclaimer :This is entirely my personal view. However, kindly consult your financial advisor before making any investments.
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