#Best ETF to Invest in India

[naviamarkets]

With Navia, enjoy the advantage of Zero Brokerage Charges on equity delivery, options, futures, mutual funds, and more. You can open a free Demat and trading account with no account maintenance fees for life. Whether you're into trading stocks, ETFs, or commodities, Navia offers a truly cost-effective platform. Say goodbye to hidden charges and commissions—get started today and maximize your trading potential with zero worries about brokerage fees.

[filmiduniyaorg]

इन 5 लार्जकैप फंड में जिसने लगाया पैसा, उसकी हुई पौ बारह पच्‍चीस, रिटर्न जानकर आप कहेंगे- मैं पीछे रह गया

भारत 22 ईटीएफ का नाम छप्‍परफाड़ रिटर्न ��ेने के मामले में पहले नंबर पर है. एक साल में इस फंड ने 36 फीसदी रिटर्न निवेशकों को दिया है. इस फंड ने आईटीसी, लार्सन एंड टुब्रो, एक्सिस बैंक, एनटीपीसी, एसबीआई और एक्सिस बैंक जैसी बड़ी कंपनियों में निवेश किया है. आप इस फंड में पांच हजार रुपये से निवेश शुरू कर सकते हैं

[anotherannoyingfeminist]

How to Select the Gold Fund

Gold funds are fund of funds scheme that invest in gold exchange traded funds. Their hidden scheme invests in gold ETFs and depend on investments straightforwardly connected to gold costs. Putting resources into an asset without click here purchasing it in its physical form is useful. As the fundamental asset is held as physical gold, its worth is straightforwardly dependent on the cost of gold.

Gold shared funds are unconditional investments; the units offered depend on the units offered by the gold Exchange Traded Fund.

In India, the basic role of gold funds is to diversification of portfolio and assist in reducing with marketing risk.

To select the best gold funds, an investor ought to consider the accompanying:

Taxability:

Investments in gold common funds for over 3 years are viewed as long-term. The LTCG on gold is charged at a 20% rate with indexation benefit (plus overcharge, if any, and cess), while momentary capital increases (STCG) are charged at the proper the section rate relevant to the investor.

Adaptable investment sum: In India, Gold funds offer greater convenience than physical gold as it permits investors to purchase any sum according to their necessity. An investor can invest either through a singular amount sum or through a Taste according to her/his convenience. Consequently, consider your investment goals before making the investment.

Comparison with comparative funds: To invest in the best gold fund, an investor ought to look at the profits that the gold shared fund has offered as compared to physical gold.

Additionally, one ought to compare the typical returns and cost proportions of other gold common funds because the low cost proportion will get you more significant yields. Survey the consistency of fund execution to select a gold fund in 2021.

Liquidity: Gold ETFs in India appreciate high liquidity and can be effortlessly traded in the stock exchange at the overarching cost.

Diversify investment portfolio: Starting around 2021, Gold shared funds in India are a wise investment choice to diversify one's investment portfolio and reduce generally speaking market risk.

[besttradingplatform1]

Zerodha Discount Broker Review 2020: Compare Broker Online

Zerodha with a one of a kind name and significance, Zero + rodha (Barrier in English) is developing as the single largest discount broker in India you will see in this    zerodha discount broker review 2020. The reason Zerodha turning into the best trading platform in India is expected to giving “the best internet exchanging stage India”, “low brokerage and high presentation”, “free direct shared reserve venture stage” and “effective client assistance.”

In only a limited capacity to focus time (9+ years) Zerodha top the list to become the best stock broker in India as far as dynamic customers. Zerodha contributions & backing is developing step by step.

The principle contributing exercises offered by Zerodha are exchanging value, value F&O, ware, cash on NSE, BSE, MCX and MCX-SX and interest in Direct Mutual Funds through SIP and single amount, ETFs, Government protections, and securities.

Zerodha offers free exchanging value delivery and charges a low brokerage of Rs 20 or .03% whichever is lower for exchanging value Intraday, F&O, cash, and ware.

The Demat administrations provided are of being a DP of CDSL. Furthermore, there is NRI trading facility at Rs 200 or .1% per request whichever is lower for value conveyance and Rs 100 for each request for value F&O.

Zerodha Mutual Fund Investment

This is the first broker in quite a while to offer a Direct Mutual Fund investment facility to its clients for nothing.

In this, you can put resources into direct shared store plots that give you better returns contrasted with customary common reserve plans.

Fundamentally, there is no commission setting off to the brokerage house from your common store speculation.

Zerodha Account Opening Process and 3-in-1 Account

You would instant be able to open records with them. The advantages of 3-in-1 record are offered in tie-up with IDFC First bank in the structure of Zerodha-IDFC FIRST Bank 3-in-1 record.

The business as usual of the record – a solitary record comprehensive of exchanging, DEMAT and financial balance for consistent and bother free web based banking and contributing experience. It has now become the exchanging and self-clearing part to give customers the advantage of no clearing charges. In addition, Zerodha provides cover request and section request (CO/BO) with trailing stop misfortune include for value and F&O best among the top 10 discount brokers in India.

Zerodha Charge/Fee Structure:

Protections Transaction Tax (STT): This is charged distinctly on the sell side for intraday and F&O exchanges. It’s charged on two sides for Delivery exchanges Equity.

Stamp Duty: Charged according to the condition of the customer’s correspondence address.

Merchandise and Enterprises Tax (GST): This is charged at 18% of the complete expense of brokerage in addition to exchange charges.

Different Charges (Zerodha Hidden Fees):

Call and Trade highlight is accessible at an additional expense of ₹50 per call.

 Source - https://medium.com/@deepakcomparebroker/zerodha-discount-broker-review-2020-compare-broker-online-2e0b057bef50

Related - https://comparebrokeronline.com/

[universaldogemusk]

What is Causing the Decline in the Crypto Market in 2024? – Forbes Advisor INDIA

The cryptocurrency market has recently experienced a significant downturn, with the total market capitalization dropping from $2.51 trillion in May 2024 to $1.95 trillion as of August 6, 2024. This represents a substantial decrease in value, indicating a challenging period for investors in the crypto space. The market volume has also fallen by 13.13% in the last 24 hours, reflecting a lack of confidence and increased selling pressure.

Bitcoin, the largest cryptocurrency, is currently trading at $55,013, which is a 17.37% decrease over the past seven days. However, there was a slight increase of 8.04% in the last 24 hours. Ethereum, the second-largest cryptocurrency, is trading at $2,447, down by 26.53% in the last seven days. These price movements highlight the volatility and unpredictability of the cryptocurrency market.

The recent plunge in the cryptocurrency market can be attributed to various factors, including political uncertainty, geopolitical tensions, economic data, and ETF performance. CoinSwitch Markets Desk reported that the market saw one of the biggest crashes in crypto history, with Bitcoin losing over $250 billion in market cap in a single day. This sharp decline was triggered by events such as the Middle East escalations and the Japanese stock market crash.

Experts in the field, such as Sathvik Vishwanath, CEO of Unocoin, and Himanshu Maradiya, Founder of CIFDAQ Blockchain Ecosystem Ind Ltd, have pointed out that the recent decline in the crypto market is linked to the Bank of Japan’s decision to hike interest rates. This move has impacted carry trades, where traders borrow in low-interest-rate currencies and invest in higher-yielding assets like cryptocurrencies. The resulting sell-off in both stock and crypto markets has led to significant losses for investors.

As of August 6, 2024, the Fear and Greed index stands at 34, indicating a fear state among investors. This sentiment is reflected in the price movements of major cryptocurrencies like Bitcoin and Ethereum, which have seen significant declines in value over the past week. Altcoins have also been affected, with many experiencing double-digit percentage drops.

In light of these developments, investors are advised to proceed with caution when investing in cryptocurrencies. The market’s volatility and sensitivity to external factors make it a risky investment option. However, some experts suggest that investing a small portion of one’s portfolio in stable digital currencies like Bitcoin and Ethereum could be a safer approach.

For those looking to invest in the Indian cryptocurrency market, there are specific steps to follow. These include selecting the best cryptocurrency, choosing a reputable crypto exchange, completing KYC formalities, selecting a payment mode, purchasing cryptocurrency, storing it securely, and selling it when necessary. By following these steps and staying informed about market trends, investors can navigate the crypto space more effectively.

[abhay017]

How to Plan Your Finances for Major Life Events: A Step-by-Step Guide

Life is full of unexpected twists and turns, but some events are certain to happen—like getting married, buying a house, or planning for retirement. These major milestones require careful financial planning to ensure you're prepared for the future. In this guide, we will be discussing how to plan your finances for big life events and how financial planning in India can help you achieve your goals. We will also talk about the need to take professional advice from the best financial advisor in India.

Why Financial Planning is Important for Big Life Events

Wedding and home buying to having children- big life events come with large costs and long-term financial consequences. These may be costly in more ways than one without a plan in place. One must prepare with a strategy that makes sense with one's goals, but also allows for flexibility to account for unexpected situations.

How to Plan Your Finances for Major Life Events

Planning for major life events involves thoughtful budgeting, setting realistic goals, and making smart investments. For this reason, here are some of the main steps to get started:

1. Set Clear Financial Goals

Outline your particular objectives before you go into the specifics of your financial plan. For example, if you're getting married, outline how much within what range you're comfortable spending. If you're looking to buy a house, figure out the down payment, options for loans, and your monthly costs. This will give you a clear view so you can track how well you are doing or focus on getting there.

2. Create an Emergency Fund

Emergencies are inevitable during any life transition. Be it a new job, city migration, or bills from medical bills, an emergency fund can take you through financially without jeopardizing your financial security. The guideline is to put aside at least 3-6 months worth of living expense.

3. Debt and Loan Planning

Big life events often come with an increase in debt, such as a mortgage for a new home or student loans for further education. Be proactive in managing and repaying debt to avoid financial burden. Make a plan to pay off high-interest debts as soon as possible and try to avoid taking on new debt unless necessary.

4. Invest for the Future

Investing is a long-term strategy that can help you build wealth for retirement, education, or other big life events. Explore different investment options, such as mutual funds, stocks, and real estate, based on your risk tolerance and financial goals. The earlier you start, the better you can use the compounding returns to your advantage.

Financial Planning in India: Customized for Your Future

Financial planning is becoming increasingly popular in India, as people aim to achieve financial independence. However, the Indian financial landscape is unique, with diverse investment options and taxation policies. To make the most of your financial journey, it's essential to understand the best strategies for managing your money.

1. Use Tax-Advantaged Accounts

Invest in various tax-saving instruments that are available such as Public Provident Fund, National Pension Scheme, and tax-saving fixed deposits. This helps in reducing your taxable income, and simultaneously saving for the long-term goals.

2. Invest in a variety of assets.

Whether you are planning a wedding or preparing for retirement, diversification is the way to go. The Indian market has both traditional investment options such as fixed deposits and modern tools such as mutual funds and ETFs. Seek professional advice to balance your portfolio with the view of attaining your financial goals.

3. Be Mindful of Inflation and Currency Risks

Inflation is one of the major factors that eats away purchasing power over time. Plan for inflation by investing in assets that offer higher returns, such as equities or real estate. Currency risks are also a concern for those planning to move abroad. Ensure your financial plan accounts for these potential risks.

How the Best Financial Advisor in India Can Help You

When it comes to major life events, the right professional advice can be just what you need. The complexity of financial planning in India becomes much more navigable when aided by a good financial advisor - whether one seeks tax-saving solutions, investment strategies, or even retirement planning assistance.

1. Expertise and Knowledge

The best financial advisor in India brings with him a lot of knowledge and experience. He can tailor a plan based on your specific needs, guiding you through investment options, tax-saving instruments, and insurance requirements.

2. Holistic Financial Planning

A professional advisor considers your financial situation as a whole and creates a roadmap for you. They will ensure that every aspect of your financial life-from short-term goals to long-term ambitions-is aligned and well managed.

3. Mitigating Financial Risks

Having the right advisor on your side means having tools and strategies that can help mitigate risks associated with market fluctuations, health emergencies, and unexpected events. They also keep you updated with any changes in tax laws or investment opportunities.

Conclusion Financial planning in India is very important in navigating the major life events that shape your future. By setting clear goals, building an emergency fund, managing debt, and investing wisely, you can ensure that you're prepared for any milestone. In India, with the right financial planning tools and professional guidance, you can achieve your dreams and build long-term wealth. Seek the expertise of the best financial advisor in India to help you achieve your financial objectives and secure your financial future.

[agshares]

IPO Investment Opportunities and Online Trading in India

Online trading and investments in an IPO have shown India a much more dynamic approach to growing financial wealth. Most traders have shifted to investing their money in these initial public offers to benefit through the companies stepping into the stocks. However the world of traders and investors is not easy and they have years of experience and have access to the most precise tools, data, platforms, and knowledge. 

At AGSSL, we help traders and investors with our advanced trading technology and smooth access to India's top exchanges. Our platform enables investors to make informed decisions on whether it's an opportunity for an IPO or trading through the online route. Investment is a risky task and it is important to have state-of-the-art data analytics-driven decisions and avoid any guesswork and emotional decision-making, where investments are directed according to financial goals. Whether it is a seasoned trader or a beginner it is important to have a trusted partner to explore the top IPO investment India, optimize your trades, and achieve smart, confident investing.

The Convenience of Online Trading in India

The Internet has changed the way investors purchase and sell financial instruments. Trading has become now more smooth, efficient, and accessible to remote places. It only takes a few clicks for anyone to trade equities, bonds, stocks, ETFs, derivatives, and many more from the comfort of their home or on the go anytime, anywhere. 

The long, drawn-out calls with brokers and waiting for orders to get registered are no more. Investment in the old days was cumbersome, and it was slow. Today, AGS is simplifying trading through advanced tools and real-time data for informed decision-making. You can work with the best stock brokerage services and use modern technology, and direct market access without guesswork, paving the way for smarter, more confident investments. 

Unlocking IPO Investments in India

Investing in Initial Public Offerings (IPOs) is a way to access the growth of emerging companies and you as traders and investors can be a part of it. Once the preserve of the seasoned investor, the process is now accessible to all through online trading platforms. Investors who participate in IPOs can obtain shares at their launch price, resulting in good returns as the company grows.

We enable you to find the top IPO investment India with ease, confidence, and limited risk. AGSSL portal gives you real-time insights, advanced analytics, and seamless access to India's major exchanges. Which will help you to analyze the competitive financial market. Specifically for first-time investors or seasonal traders, we ensure you are equipped to make the best possible decision. 

Online Trading Working? 

Online trading has changed the way people buy and sell financial instruments with unprecedented speed and convenience. Its process is very important to reap the best of this technology-based approach. Here's a simplified explanation:

A buy or sell order automatically matches the best available price in the market. The trade is then executed within seconds, and a confirmation message is sent by stockbrokers or exchanges. Details of the trade are shared through a contract note by your stockbroker, ensuring transparency.

The executed trade enters the clearing process followed by settlement. In the case of equity trading, this usually follows the T+1 settlement cycle, which means that the transactions will take place within one or two days of business. 

To ensure smooth trading experiences, platforms such as AGSSL provide the best stock brokerage services guaranteeing faster, reliable, and high-quality support services.

Original Source:- https://medium.com/@marketing_68647/ipo-investment-opportunities-and-online-trading-in-india-6cfe7b865798

[fiydaax]

Best Gold Investment Schemes

Gold has been a trusted investment for centuries, not just for its financial value but also for its emotional and cultural significance, especially in countries like India. Whether it’s about safeguarding your wealth or planning for future milestones, investing in gold often feels like a safe bet. From weddings to investments, gold has always been a go-to choice for generations.

Why Should You Invest in Gold?

Stability: Gold has always been a haven during financial uncertainties.

Diversification: Adding gold to your portfolio spreads risk and balances your investments.

Hedge Against Inflation: When the value of money falls, gold usually retains or value increases.

But with so many gold-saving schemes available today, how do you choose the one that works best for you?

Sovereign Gold Bonds (SGBs): Issued by the government, SGBs are an excellent way to invest in gold without worrying about storage or purity. These bonds track the market value of gold and offer an annual interest rate of 2.5%.

Gold ETFs and Gold Mutual Funds: If you prefer investing digitally, Gold Exchange-Traded Funds (ETFs) and gold mutual funds are worth exploring. These options allow you to invest in gold without actually owning the physical asset. Gold ETF is like buying a slice of gold digitally. Each unit of the ETF represents a specific quantity of gold (usually 1 gram or less), and its value fluctuates with market gold prices.

FiydaaX: Provides the highest returns on gold with up to 17% returns on Gold. The Fiydaa gold app allows users to lease their gold to one of India’s biggest refineries and gives users monthly interest on their investment. Fiydaa makes it easy to invest in gold with just a few clicks. Your investments are insured and backed by real gold stored in secure vaults. Whether it’s digital gold, SIPs, or purchasing gold coins, Fiydaa offers multiple options tailored to your needs. It offers exclusive rewards and deals to make your gold investment journey even more rewarding.

Physical Gold: Gold coins combine the appeal of physical gold with the practicality of investment. They come with purity certification, are easy to sell, and are a fantastic way to save or gift. Purchase coins from reputable jewelers or banks, and keep them safe for future use. Traditional investors prefer having a physical asset over digital investments.

Whether you’re diversifying your portfolio, planning for the future, or simply looking for smart ways to grow your savings, there’s a gold-saving scheme tailored to your needs.

Conclusion

Digital Gold is revolutionizing the way people invest in gold. It’s affordable, safe, and convenient, making it an excellent choice for both new and experienced investors. Whether you’re saving for a big event or simply want to diversify your portfolio, digital gold offers flexibility and peace of mind. Ready to invest in digital gold? download the Fiydaa app start investing smartly. With digital gold, your journey to building wealth is now effortless and secure!

[cryptokid3]

What is Causing the Decline in the Crypto Market in 2024? – Forbes Advisor INDIA

The cryptocurrency market has recently experienced a significant downturn, with the total market capitalization dropping from $2.51 trillion in May 2024 to $1.95 trillion as of August 6, 2024. This represents a substantial decrease in value, indicating a challenging period for investors in the crypto space. The market volume has also fallen by 13.13% in the last 24 hours, reflecting a lack of confidence and increased selling pressure. Bitcoin, the largest cryptocurrency, is currently trading at $55,013, which is a 17.37% decrease over the past seven days. However, there was a slight increase of 8.04% in the last 24 hours. Ethereum, the second-largest cryptocurrency, is trading at $2,447, down by 26.53% in the last seven days. These price movements highlight the volatility and unpredictability of the cryptocurrency market. The recent plunge in the cryptocurrency market can be attributed to various factors, including political uncertainty, geopolitical tensions, economic data, and ETF performance. CoinSwitch Markets Desk reported that the market saw one of the biggest crashes in crypto history, with Bitcoin losing over $250 billion in market cap in a single day. This sharp decline was triggered by events such as the Middle East escalations and the Japanese stock market crash. Experts in the field, such as Sathvik Vishwanath, CEO of Unocoin, and Himanshu Maradiya, Founder of CIFDAQ Blockchain Ecosystem Ind Ltd, have pointed out that the recent decline in the crypto market is linked to the Bank of Japan’s decision to hike interest rates. This move has impacted carry trades, where traders borrow in low-interest-rate currencies and invest in higher-yielding assets like cryptocurrencies. The resulting sell-off in both stock and crypto markets has led to significant losses for investors. As of August 6, 2024, the Fear and Greed index stands at 34, indicating a fear state among investors. This sentiment is reflected in the price movements of major cryptocurrencies like Bitcoin and Ethereum, which have seen significant declines in value over the past week. Altcoins have also been affected, with many experiencing double-digit percentage drops. In light of these developments, investors are advised to proceed with caution when investing in cryptocurrencies. The market’s volatility and sensitivity to external factors make it a risky investment option. However, some experts suggest that investing a small portion of one’s portfolio in stable digital currencies like Bitcoin and Ethereum could be a safer approach. For those looking to invest in the Indian cryptocurrency market, there are specific steps to follow. These include selecting the best cryptocurrency, choosing a reputable crypto exchange, completing KYC formalities, selecting a payment mode, purchasing cryptocurrency, storing it securely, and selling it when necessary. By following these steps and staying informed about market trends, investors can navigate the crypto space more effectively. In conclusion, the recent downturn in the cryptocurrency market serves as a reminder of the risks involved in this volatile asset class. It is essential for investors to exercise caution, conduct thorough research, and diversify their portfolios to mitigate potential losses. By staying informed and following best practices, investors can navigate the crypto market more effectively and make informed decisions about their investments.

www.cifdaq.com

[cryptoenthu]

What is Causing the Decline in the Crypto Market in 2024? – Forbes Advisor INDIA

The cryptocurrency market has recently experienced a significant downturn, with the total market capitalization dropping from $2.51 trillion in May 2024 to $1.95 trillion as of August 6, 2024. This represents a substantial decrease in value, indicating a challenging period for investors in the crypto space. The market volume has also fallen by 13.13% in the last 24 hours, reflecting a lack of confidence and increased selling pressure.

Bitcoin, the largest cryptocurrency, is currently trading at $55,013, which is a 17.37% decrease over the past seven days. However, there was a slight increase of 8.04% in the last 24 hours. Ethereum, the second-largest cryptocurrency, is trading at $2,447, down by 26.53% in the last seven days. These price movements highlight the volatility and unpredictability of the cryptocurrency market.

The recent plunge in the cryptocurrency market can be attributed to various factors, including political uncertainty, geopolitical tensions, economic data, and ETF performance. CoinSwitch Markets Desk reported that the market saw one of the biggest crashes in crypto history, with Bitcoin losing over $250 billion in market cap in a single day. This sharp decline was triggered by events such as the Middle East escalations and the Japanese stock market crash.

Experts in the field, such as Sathvik Vishwanath, CEO of Unocoin, and Himanshu Maradiya, Founder of CIFDAQ Blockchain Ecosystem Ind Ltd, have pointed out that the recent decline in the crypto market is linked to the Bank of Japan’s decision to hike interest rates. This move has impacted carry trades, where traders borrow in low-interest-rate currencies and invest in higher-yielding assets like cryptocurrencies. The resulting sell-off in both stock and crypto markets has led to significant losses for investors.

As of August 6, 2024, the Fear and Greed index stands at 34, indicating a fear state among investors. This sentiment is reflected in the price movements of major cryptocurrencies like Bitcoin and Ethereum, which have seen significant declines in value over the past week. Altcoins have also been affected, with many experiencing double-digit percentage drops.

In light of these developments, investors are advised to proceed with caution when investing in cryptocurrencies. The market’s volatility and sensitivity to external factors make it a risky investment option. However, some experts suggest that investing a small portion of one’s portfolio in stable digital currencies like Bitcoin and Ethereum could be a safer approach.

For those looking to invest in the Indian cryptocurrency market, there are specific steps to follow. These include selecting the best cryptocurrency, choosing a reputable crypto exchange, completing KYC formalities, selecting a payment mode, purchasing cryptocurrency, storing it securely, and selling it when necessary. By following these steps and staying informed about market trends, investors can navigate the crypto space more effectively.

In conclusion, the recent downturn in the cryptocurrency market serves as a reminder of the risks involved in this volatile asset class. It is essential for investors to exercise caution, conduct thorough research, and diversify their portfolios to mitigate potential losses. By staying informed and following best practices, investors can navigate the crypto market more effectively and make informed decisions about their investments. www.cifdaq.com

[priyyyyyyaaasharma-21]

Why is the cryptocurrency market going down in 2024? – Forbes Advisor INDIA

The cryptocurrency market has seen a slowdown, with the total market cap falling from $2.51 trillion in May 2024 to $1.95 trillion as of August 6, 2024. The market volume in the last 24 hours has dropped by 13.13%. Bitcoin, the largest cryptocurrency, is currently trading at $55,013, down 17.37% in the last seven days and up 8.04% in the last 24 hours. Ethereum, the second-largest cryptocurrency, is trading at $2,447, down 26.53% in the last seven days.

The cryptocurrency market plunged yesterday, losing nearly $367 billion in 24 hours. Major cryptocurrencies like Bitcoin and Ethereum saw substantial declines as investors sold risky assets.

Let’s dig deep into this topic

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How is the cryptocurrency market performing?

The cryptocurrency market is going through a major pullback phase, with Ethereum and Bitcoin recording sharp declines. Key market drivers include political uncertainty, geopolitical tensions, economic data, and ETF performance.

CoinSwitch Marketplace Office said that after experiencing one of the biggest cryptocurrency crashes of all time – BTC lost over $250 billion in market cap in a single day – the world’s largest cryptocurrency found support just below $50,000 and rebounded over 14% to trade around the $56,000 mark. The crash was mainly triggered by the escalation of the war between Israel and Iran in the Middle East and the Japanese stock market recording the biggest single-day crash since 1987.

He added, however, that the Nikkei index jumped more than 10% today – after losing 12% yesterday – to recoup most of its losses, which could trigger a fresh rally in global stock markets. Given that this crash can be attributed to the Bank of Japan’s rate hike, it remains to be seen whether this surge will continue.

Mr. Sathvik Vishwanath, Co-Founder & CEO of Unocoinsays the cryptocurrency market is facing its biggest decline since the FTX exchange crash in November 2022, which is in line with the overall decline in the global market. One of the key factors behind this decline is the easing of the yen-dollar swap. Traders typically borrow in low-interest currencies like the yen and invest in higher-yielding assets.

He also added that the recent interest rate hike by the Bank of Japan made these trades less profitable, leading traders to close their positions. This caused a massive sell-off in both the stock and crypto markets. Over $1 billion was liquidated in the crypto sphere, mostly from long positions, further accelerating the market’s downward trajectory.

Mr. Himanshu Maradiya, Founder & Chairman, CIFDAQ Blockchain Ecosystem Ind Ltdsaid that “the recent sharp decline in the cryptocurrency market, with major assets like Bitcoin and Ethereum down more than 10%, can be largely attributed to the Bank of Japan’s decision to raise interest rates. This decision had a significant impact on carry trades, a strategy where traders borrow in low interest rate environments, such as in Japan, and invest in higher-yielding assets, including cryptocurrencies.

The Bank of Japan’s first interest rate hikes in 17 years have caused the yen to rise, leading to an “unwinding of carry trades.” In addition, rising geopolitical tensions and growing concerns about a potential recession in the United States have further exacerbated the decline in cryptocurrency markets. The combination of these factors has created a challenging environment for cryptocurrencies, which are particularly sensitive to changes in investor sentiment and macroeconomic conditions.

He added that the current correction phase, driven by the Bank of Japan’s monetary policy shift and the resulting appreciation of the yen, highlights the interconnected nature of global financial markets. Despite short-term volatility, the fundamental value propositions of cryptocurrencies remain strong. As the macroeconomic landscape stabilizes, we expect the cryptocurrency market to recover and grow steadily.

Bitcoin, the largest cryptocurrency by market cap, has fallen by nearly 17.38% in the last seven days and is trading at $55,004 as of August 6, 2024. On the other hand, Ethereum has fallen by nearly 26.85% and is trading at $2,447.

Bitcoin’s price has plummeted, dropping below $50,000 on Monday, while Ethereum has fallen by nearly a third to $2,340 over the past week. Altcoins haven’t escaped the rout: Cardano has plunged by about 27%, Solana by 36%, Dogecoin by 34%, XRP by 23%, Shiba Inu by 30%, and BNB by 25.7%.

The cryptocurrency massacre appears to be part of a broader flight to safety. After last week’s worse-than-expected unemployment report, the economy has entered a technical recession, according to a measure called the “Sahm Rule.” It marks the start of a recession when the three-month average of the unemployment rate increases by at least half a percentage point from its lowest point last year.

In response, the S&P 500 fell nearly 2%, the Nasdaq fell 2.5% and the Dow fell 1.5%. However, given the bloodbath that took place overseas on Monday, this could be just the beginning of a broader rout.

Is investing in cryptocurrencies safe?

The cryptocurrency market has seen the good and the bad of the market, whether it is the post-Russia-Ukraine effects, the Terra-Luna crash, the collapse of FTX or the tightening of tax regulations, it has witnessed the most violent storms in recent years.

The year 2023 has given a new beginning to the cryptocurrency world, showing positive signs of recovery. Cryptocurrency investors believe that in situations like this, investing in stable digital currencies like Bitcoin and Ethereum in SIP format is a safe choice. Cryptocurrency experts consider that in the overall portfolio, investors should simply consider investing only 5% exposure to cryptocurrencies. The most important thing is to invest only a tiny amount and not all your savings, as the market is very volatile and there are chances that you might lose all of it.

Steps to Invest in Indian Cryptocurrency Market

Step 1: Select the best cryptocurrency: Choose a cryptocurrency that you want to invest in. Like any other asset class, cryptocurrency has its own fundamentals and different blockchain networks supporting them, intrinsic value, and mining techniques. Make sure to do your research and analysis before investing as the cryptocurrency market is highly volatile. Choose an exchange that is registered with the FIU.

Step 2: Select a Cryptocurrency Exchange: After choosing a cryptocurrency, it is time for you to find a perfect cryptocurrency exchange for you. It is necessary to have a working account in a cryptocurrency exchange that will help you buy and sell cryptocurrencies. Check out our article on the best cryptocurrency exchanges in India.

Step 3: KYC: Once you have selected a cryptocurrency exchange platform, you need to register by providing personal information such as your name and address and complete all the KYC formalities. After creating your account, you are ready to invest in cryptocurrency.

Step 4: Choose your payment method: To buy cryptocurrency, you need to select a payment option that suits you. You can choose peer-to-peer payment method, bank transfer, online payment method, or a crypto wallet.

Step 5: Buy Cryptocurrency: After adding funds to your account, you can easily buy the cryptocurrency of your choice. Just tap on the “buy” tab and you can easily buy the cryptocurrency of your choice.

Step 6: Storage: After purchasing cryptocurrencies, remember to store your currencies safely as they are not regulated and you need to keep them in a safe place as there is always a risk of hacking or theft. You can check out the cryptocurrency storage options here.

Step 7: Selling cryptocurrencies: This is as important as buying them because it allows you to make money by investing. You can sell the cryptocurrency in the same way you bought it, just click on the “sell” tab in your wallet. You can sell your cryptocurrency investment completely or partially depending on your choice, but remember to account for your profits in due time.

Featured Partners

Legacy

Over 2 Million Investors Trust Mudrex for Their Cryptocurrency Investments

Security

Mudrex is a Government of India recognized platform with 100% insured deposits stored in crypto wallets

Costs

Enjoy zero cryptocurrency deposit fees and the best fee rates in the industry.

Multi-Award Winning Broker

Listed in Deloitte Fast 50 Index, Best Global FX Broker 2022 – ForexExpo Dubai October 2022 and more

Best in class investment offering

Trade over 26,000 assets with no minimum deposit

Customer Support

24/7 dedicated support and easy registration

Invest carefully, your capital is at risk

Conclusion

It is wise to observe the cryptocurrency market with caution in an uncertain environment and slow recovery of macroeconomic situations in the world. Do not make rash decisions as this is the right time to observe the market closely and analyze it.

We may never know, but observation will eventually help investors make smart decisions and might have a preferred digital asset at a fair value, once the chaos situation has completely subsided.

More Cryptocurrency Resources

Check out our top cryptocurrency picks

Learn more about cryptocurrency

Coin Prediction

Price Analysis Articles

Cryptocurrency Buying Guides

[tradingculture]

Why is the cryptocurrency market going down in 2024? – Forbes Advisor INDIA

The cryptocurrency market has seen a slowdown, with the total market cap falling from $2.51 trillion in May 2024 to $1.95 trillion as of August 6, 2024. The market volume in the last 24 hours has dropped by 13.13%. Bitcoin, the largest cryptocurrency, is currently trading at $55,013, down 17.37% in the last seven days and up 8.04% in the last 24 hours. Ethereum, the second-largest cryptocurrency, is trading at $2,447, down 26.53% in the last seven days.

The cryptocurrency market plunged yesterday, losing nearly $367 billion in 24 hours. Major cryptocurrencies like Bitcoin and Ethereum saw substantial declines as investors sold risky assets.

Let’s dig deep into this topic

Featured Partners

Legacy

Over 2 Million Investors Trust Mudrex for Their Cryptocurrency Investments

Security

Mudrex is a Government of India recognized platform with 100% insured deposits stored in crypto wallets

Costs

Enjoy zero cryptocurrency deposit fees and the best fee rates in the industry.

Multi-Award Winning Broker

Listed in Deloitte Fast 50 Index, Best Global FX Broker 2022 – ForexExpo Dubai October 2022 and more

Best in class investment offering

Trade over 26,000 assets with no minimum deposit

Customer Support

24/7 dedicated support and easy registration

Invest carefully, your capital is at risk

How is the cryptocurrency market performing?

The cryptocurrency market is going through a major pullback phase, with Ethereum and Bitcoin recording sharp declines. Key market drivers include political uncertainty, geopolitical tensions, economic data, and ETF performance.

CoinSwitch Marketplace Office said that after experiencing one of the biggest cryptocurrency crashes of all time – BTC lost over $250 billion in market cap in a single day – the world’s largest cryptocurrency found support just below $50,000 and rebounded over 14% to trade around the $56,000 mark. The crash was mainly triggered by the escalation of the war between Israel and Iran in the Middle East and the Japanese stock market recording the biggest single-day crash since 1987.

He added, however, that the Nikkei index jumped more than 10% today – after losing 12% yesterday – to recoup most of its losses, which could trigger a fresh rally in global stock markets. Given that this crash can be attributed to the Bank of Japan’s rate hike, it remains to be seen whether this surge will continue.

Mr. Sathvik Vishwanath, Co-Founder & CEO of Unocoinsays the cryptocurrency market is facing its biggest decline since the FTX exchange crash in November 2022, which is in line with the overall decline in the global market. One of the key factors behind this decline is the easing of the yen-dollar swap. Traders typically borrow in low-interest currencies like the yen and invest in higher-yielding assets.

He also added that the recent interest rate hike by the Bank of Japan made these trades less profitable, leading traders to close their positions. This caused a massive sell-off in both the stock and crypto markets. Over $1 billion was liquidated in the crypto sphere, mostly from long positions, further accelerating the market’s downward trajectory.

Mr. Himanshu Maradiya, Founder & Chairman, CIFDAQ Blockchain Ecosystem Ind Ltdsaid that “the recent sharp decline in the cryptocurrency market, with major assets like Bitcoin and Ethereum down more than 10%, can be largely attributed to the Bank of Japan’s decision to raise interest rates. This decision had a significant impact on carry trades, a strategy where traders borrow in low interest rate environments, such as in Japan, and invest in higher-yielding assets, including cryptocurrencies.

The Bank of Japan’s first interest rate hikes in 17 years have caused the yen to rise, leading to an “unwinding of carry trades.” In addition, rising geopolitical tensions and growing concerns about a potential recession in the United States have further exacerbated the decline in cryptocurrency markets. The combination of these factors has created a challenging environment for cryptocurrencies, which are particularly sensitive to changes in investor sentiment and macroeconomic conditions.

He added that the current correction phase, driven by the Bank of Japan’s monetary policy shift and the resulting appreciation of the yen, highlights the interconnected nature of global financial markets. Despite short-term volatility, the fundamental value propositions of cryptocurrencies remain strong. As the macroeconomic landscape stabilizes, we expect the cryptocurrency market to recover and grow steadily.

Bitcoin, the largest cryptocurrency by market cap, has fallen by nearly 17.38% in the last seven days and is trading at $55,004 as of August 6, 2024. On the other hand, Ethereum has fallen by nearly 26.85% and is trading at $2,447.

Bitcoin’s price has plummeted, dropping below $50,000 on Monday, while Ethereum has fallen by nearly a third to $2,340 over the past week. Altcoins haven’t escaped the rout: Cardano has plunged by about 27%, Solana by 36%, Dogecoin by 34%, XRP by 23%, Shiba Inu by 30%, and BNB by 25.7%.

The cryptocurrency massacre appears to be part of a broader flight to safety. After last week’s worse-than-expected unemployment report, the economy has entered a technical recession, according to a measure called the “Sahm Rule.” It marks the start of a recession when the three-month average of the unemployment rate increases by at least half a percentage point from its lowest point last year.

In response, the S&P 500 fell nearly 2%, the Nasdaq fell 2.5% and the Dow fell 1.5%. However, given the bloodbath that took place overseas on Monday, this could be just the beginning of a broader rout.

Is investing in cryptocurrencies safe?

The cryptocurrency market has seen the good and the bad of the market, whether it is the post-Russia-Ukraine effects, the Terra-Luna crash, the collapse of FTX or the tightening of tax regulations, it has witnessed the most violent storms in recent years.

The year 2023 has given a new beginning to the cryptocurrency world, showing positive signs of recovery. Cryptocurrency investors believe that in situations like this, investing in stable digital currencies like Bitcoin and Ethereum in SIP format is a safe choice. Cryptocurrency experts consider that in the overall portfolio, investors should simply consider investing only 5% exposure to cryptocurrencies. The most important thing is to invest only a tiny amount and not all your savings, as the market is very volatile and there are chances that you might lose all of it.

Steps to Invest in Indian Cryptocurrency Market

Step 1: Select the best cryptocurrency: Choose a cryptocurrency that you want to invest in. Like any other asset class, cryptocurrency has its own fundamentals and different blockchain networks supporting them, intrinsic value, and mining techniques. Make sure to do your research and analysis before investing as the cryptocurrency market is highly volatile. Choose an exchange that is registered with the FIU.

Step 2: Select a Cryptocurrency Exchange: After choosing a cryptocurrency, it is time for you to find a perfect cryptocurrency exchange for you. It is necessary to have a working account in a cryptocurrency exchange that will help you buy and sell cryptocurrencies. Check out our article on the best cryptocurrency exchanges in India.

Step 3: KYC: Once you have selected a cryptocurrency exchange platform, you need to register by providing personal information such as your name and address and complete all the KYC formalities. After creating your account, you are ready to invest in cryptocurrency.

Step 4: Choose your payment method: To buy cryptocurrency, you need to select a payment option that suits you. You can choose peer-to-peer payment method, bank transfer, online payment method, or a crypto wallet.

Step 5: Buy Cryptocurrency: After adding funds to your account, you can easily buy the cryptocurrency of your choice. Just tap on the “buy” tab and you can easily buy the cryptocurrency of your choice.

Step 6: Storage: After purchasing cryptocurrencies, remember to store your currencies safely as they are not regulated and you need to keep them in a safe place as there is always a risk of hacking or theft. You can check out the cryptocurrency storage options here.

Step 7: Selling cryptocurrencies: This is as important as buying them because it allows you to make money by investing. You can sell the cryptocurrency in the same way you bought it, just click on the “sell” tab in your wallet. You can sell your cryptocurrency investment completely or partially depending on your choice, but remember to account for your profits in due time.

Featured Partners

Legacy

Over 2 Million Investors Trust Mudrex for Their Cryptocurrency Investments

Security

Mudrex is a Government of India recognized platform with 100% insured deposits stored in crypto wallets

Costs

Enjoy zero cryptocurrency deposit fees and the best fee rates in the industry.

Multi-Award Winning Broker

Listed in Deloitte Fast 50 Index, Best Global FX Broker 2022 – ForexExpo Dubai October 2022 and more

Best in class investment offering

Trade over 26,000 assets with no minimum deposit

Customer Support

24/7 dedicated support and easy registration

Invest carefully, your capital is at risk

Conclusion

It is wise to observe the cryptocurrency market with caution in an uncertain environment and slow recovery of macroeconomic situations in the world. Do not make rash decisions as this is the right time to observe the market closely and analyze it.

We may never know, but observation will eventually help investors make smart decisions and might have a preferred digital asset at a fair value, once the chaos situation has completely subsided.

[sahilcidfaq]

Why is the cryptocurrency market going down in 2024? – Forbes Advisor INDIA

The cryptocurrency market has seen a slowdown, with the total market cap falling from $2.51 trillion in May 2024 to $1.95 trillion as of August 6, 2024. The market volume in the last 24 hours has dropped by 13.13%. Bitcoin, the largest cryptocurrency, is currently trading at $55,013, down 17.37% in the last seven days and up 8.04% in the last 24 hours. Ethereum, the second-largest cryptocurrency, is trading at $2,447, down 26.53% in the last seven days.

The cryptocurrency market plunged yesterday, losing nearly $367 billion in 24 hours. Major cryptocurrencies like Bitcoin and Ethereum saw substantial declines as investors sold risky assets.

Let’s dig deep into this topic

Featured Partners

Legacy

Over 2 Million Investors Trust Mudrex for Their Cryptocurrency Investments

Security

Mudrex is a Government of India recognized platform with 100% insured deposits stored in crypto wallets

Costs

Enjoy zero cryptocurrency deposit fees and the best fee rates in the industry.

Multi-Award Winning Broker

Listed in Deloitte Fast 50 Index, Best Global FX Broker 2022 – ForexExpo Dubai October 2022 and more

Best in class investment offering

Trade over 26,000 assets with no minimum deposit

Customer Support

24/7 dedicated support and easy registration

Invest carefully, your capital is at risk

How is the cryptocurrency market performing?

The cryptocurrency market is going through a major pullback phase, with Ethereum and Bitcoin recording sharp declines. Key market drivers include political uncertainty, geopolitical tensions, economic data, and ETF performance.

CoinSwitch Marketplace Office said that after experiencing one of the biggest cryptocurrency crashes of all time – BTC lost over $250 billion in market cap in a single day – the world’s largest cryptocurrency found support just below $50,000 and rebounded over 14% to trade around the $56,000 mark. The crash was mainly triggered by the escalation of the war between Israel and Iran in the Middle East and the Japanese stock market recording the biggest single-day crash since 1987.

He added, however, that the Nikkei index jumped more than 10% today – after losing 12% yesterday – to recoup most of its losses, which could trigger a fresh rally in global stock markets. Given that this crash can be attributed to the Bank of Japan’s rate hike, it remains to be seen whether this surge will continue.

Mr. Sathvik Vishwanath, Co-Founder & CEO of Unocoinsays the cryptocurrency market is facing its biggest decline since the FTX exchange crash in November 2022, which is in line with the overall decline in the global market. One of the key factors behind this decline is the easing of the yen-dollar swap. Traders typically borrow in low-interest currencies like the yen and invest in higher-yielding assets.

He also added that the recent interest rate hike by the Bank of Japan made these trades less profitable, leading traders to close their positions. This caused a massive sell-off in both the stock and crypto markets. Over $1 billion was liquidated in the crypto sphere, mostly from long positions, further accelerating the market’s downward trajectory.

Mr. Himanshu Maradiya, Founder & Chairman, CIFDAQ Blockchain Ecosystem Ind Ltdsaid that “the recent sharp decline in the cryptocurrency market, with major assets like Bitcoin and Ethereum down more than 10%, can be largely attributed to the Bank of Japan’s decision to raise interest rates. This decision had a significant impact on carry trades, a strategy where traders borrow in low interest rate environments, such as in Japan, and invest in higher-yielding assets, including cryptocurrencies.

The Bank of Japan’s first interest rate hikes in 17 years have caused the yen to rise, leading to an “unwinding of carry trades.” In addition, rising geopolitical tensions and growing concerns about a potential recession in the United States have further exacerbated the decline in cryptocurrency markets. The combination of these factors has created a challenging environment for cryptocurrencies, which are particularly sensitive to changes in investor sentiment and macroeconomic conditions.

He added that the current correction phase, driven by the Bank of Japan’s monetary policy shift and the resulting appreciation of the yen, highlights the interconnected nature of global financial markets. Despite short-term volatility, the fundamental value propositions of cryptocurrencies remain strong. As the macroeconomic landscape stabilizes, we expect the cryptocurrency market to recover and grow steadily.

Bitcoin, the largest cryptocurrency by market cap, has fallen by nearly 17.38% in the last seven days and is trading at $55,004 as of August 6, 2024. On the other hand, Ethereum has fallen by nearly 26.85% and is trading at $2,447.

Bitcoin’s price has plummeted, dropping below $50,000 on Monday, while Ethereum has fallen by nearly a third to $2,340 over the past week. Altcoins haven’t escaped the rout: Cardano has plunged by about 27%, Solana by 36%, Dogecoin by 34%, XRP by 23%, Shiba Inu by 30%, and BNB by 25.7%.

The cryptocurrency massacre appears to be part of a broader flight to safety. After last week’s worse-than-expected unemployment report, the economy has entered a technical recession, according to a measure called the “Sahm Rule.” It marks the start of a recession when the three-month average of the unemployment rate increases by at least half a percentage point from its lowest point last year.

In response, the S&P 500 fell nearly 2%, the Nasdaq fell 2.5% and the Dow fell 1.5%. However, given the bloodbath that took place overseas on Monday, this could be just the beginning of a broader rout.

Is investing in cryptocurrencies safe?

The cryptocurrency market has seen the good and the bad of the market, whether it is the post-Russia-Ukraine effects, the Terra-Luna crash, the collapse of FTX or the tightening of tax regulations, it has witnessed the most violent storms in recent years.

The year 2023 has given a new beginning to the cryptocurrency world, showing positive signs of recovery. Cryptocurrency investors believe that in situations like this, investing in stable digital currencies like Bitcoin and Ethereum in SIP format is a safe choice. Cryptocurrency experts consider that in the overall portfolio, investors should simply consider investing only 5% exposure to cryptocurrencies. The most important thing is to invest only a tiny amount and not all your savings, as the market is very volatile and there are chances that you might lose all of it.

Steps to Invest in Indian Cryptocurrency Market

Step 1: Select the best cryptocurrency: Choose a cryptocurrency that you want to invest in. Like any other asset class, cryptocurrency has its own fundamentals and different blockchain networks supporting them, intrinsic value, and mining techniques. Make sure to do your research and analysis before investing as the cryptocurrency market is highly volatile. Choose an exchange that is registered with the FIU.

Step 2: Select a Cryptocurrency Exchange: After choosing a cryptocurrency, it is time for you to find a perfect cryptocurrency exchange for you. It is necessary to have a working account in a cryptocurrency exchange that will help you buy and sell cryptocurrencies. Check out our article on the best cryptocurrency exchanges in India.

Step 3: KYC: Once you have selected a cryptocurrency exchange platform, you need to register by providing personal information such as your name and address and complete all the KYC formalities. After creating your account, you are ready to invest in cryptocurrency.

Step 4: Choose your payment method: To buy cryptocurrency, you need to select a payment option that suits you. You can choose peer-to-peer payment method, bank transfer, online payment method, or a crypto wallet.

Step 5: Buy Cryptocurrency: After adding funds to your account, you can easily buy the cryptocurrency of your choice. Just tap on the “buy” tab and you can easily buy the cryptocurrency of your choice.

Step 6: Storage: After purchasing cryptocurrencies, remember to store your currencies safely as they are not regulated and you need to keep them in a safe place as there is always a risk of hacking or theft. You can check out the cryptocurrency storage options here.

Step 7: Selling cryptocurrencies: This is as important as buying them because it allows you to make money by investing. You can sell the cryptocurrency in the same way you bought it, just click on the “sell” tab in your wallet. You can sell your cryptocurrency investment completely or partially depending on your choice, but remember to account for your profits in due time.

Featured Partners

Legacy

Over 2 Million Investors Trust Mudrex for Their Cryptocurrency Investments

Security

Mudrex is a Government of India recognized platform with 100% insured deposits stored in crypto wallets

Costs

Enjoy zero cryptocurrency deposit fees and the best fee rates in the industry.

Multi-Award Winning Broker

Listed in Deloitte Fast 50 Index, Best Global FX Broker 2022 – ForexExpo Dubai October 2022 and more

Best in class investment offering

Trade over 26,000 assets with no minimum deposit

Customer Support

24/7 dedicated support and easy registration

Invest carefully, your capital is at risk

Conclusion

It is wise to observe the cryptocurrency market with caution in an uncertain environment and slow recovery of macroeconomic situations in the world. Do not make rash decisions as this is the right time to observe the market closely and analyze it.

We may never know, but observation will eventually help investors make smart decisions and might have a preferred digital asset at a fair value, once the chaos situation has completely subsided.

[gclbroking2024]

Best Trading App in India for Beginners: Simplifying Investment for New Traders

Finding the best trading app in India for beginners can make a significant difference in the investing journey. These apps are designed to offer an easy-to-use interface, educational resources, and beginner-friendly features, making it simple for new traders to get started. Popular trading apps like Zerodha, Upstox, and Groww provide low fees, seamless trading experiences, and access to a variety of markets, including stocks, mutual funds, and ETFs. They offer tutorials, real-time market data, and advanced tools that help beginners understand trading strategies while minimizing risks. By choosing the best trading app, beginners can explore the world of investing with confidence, making informed decisions and gradually building their portfolio. These platforms help users start trading with ease, making investing accessible for everyone in India.

[universaldogemusk]

What is Causing the Decline in the Crypto Market in 2024? – Forbes Advisor INDIA

The cryptocurrency market has recently experienced a significant downturn, with the total market capitalization dropping from $2.51 trillion in May 2024 to $1.95 trillion as of August 6, 2024. This represents a substantial decrease in value, indicating a challenging period for investors in the crypto space. The market volume has also fallen by 13.13% in the last 24 hours, reflecting a lack of confidence and increased selling pressure.

Bitcoin, the largest cryptocurrency, is currently trading at $55,013, which is a 17.37% decrease over the past seven days. However, there was a slight increase of 8.04% in the last 24 hours. Ethereum, the second-largest cryptocurrency, is trading at $2,447, down by 26.53% in the last seven days. These price movements highlight the volatility and unpredictability of the cryptocurrency market.

The recent plunge in the cryptocurrency market can be attributed to various factors, including political uncertainty, geopolitical tensions, economic data, and ETF performance. CoinSwitch Markets Desk reported that the market saw one of the biggest crashes in crypto history, with Bitcoin losing over $250 billion in market cap in a single day. This sharp decline was triggered by events such as the Middle East escalations and the Japanese stock market crash.

Experts in the field, such as Sathvik Vishwanath, CEO of Unocoin, and Himanshu Maradiya, Founder of CIFDAQ Blockchain Ecosystem Ind Ltd, have pointed out that the recent decline in the crypto market is linked to the Bank of Japan’s decision to hike interest rates. This move has impacted carry trades, where traders borrow in low-interest-rate currencies and invest in higher-yielding assets like cryptocurrencies. The resulting sell-off in both stock and crypto markets has led to significant losses for investors.

As of August 6, 2024, the Fear and Greed index stands at 34, indicating a fear state among investors. This sentiment is reflected in the price movements of major cryptocurrencies like Bitcoin and Ethereum, which have seen significant declines in value over the past week. Altcoins have also been affected, with many experiencing double-digit percentage drops.

In light of these developments, investors are advised to proceed with caution when investing in cryptocurrencies. The market’s volatility and sensitivity to external factors make it a risky investment option. However, some experts suggest that investing a small portion of one’s portfolio in stable digital currencies like Bitcoin and Ethereum could be a safer approach.

For those looking to invest in the Indian cryptocurrency market, there are specific steps to follow. These include selecting the best cryptocurrency, choosing a reputable crypto exchange, completing KYC formalities, selecting a payment mode, purchasing cryptocurrency, storing it securely, and selling it when necessary. By following these steps and staying informed about market trends, investors can navigate the crypto space more effectively.

[claravestt]

NRI Investment in India: A Lucrative Opportunity for Global Investors

India is one of the fastest-growing economies in the world, offering a wide range of investment opportunities for non-resident Indians (NRIs). As the global economy continues to evolve, NRIs are increasingly looking towards India for investment prospects that offer high returns, stability, and long-term growth. In this blog, we’ll explore the benefits of NRI investment in India, the best sectors for investment, and how companies like Claravest can help NRIs navigate the investment landscape.

Why is NRI Investment in India Becoming Popular?

NRI investment in India has been gaining momentum over the years, and several factors contribute to this growing interest. The Indian government has introduced a series of favorable policies that encourage foreign investments, including those from NRIs. These policies, coupled with the country's strong economic performance and market potential, make India an attractive investment destination.

1. Strong Economic Growth

India is poised to become the world’s third-largest economy by 2030, with a GDP growth rate consistently outpacing global averages. This rapid growth offers abundant opportunities for investors looking to capitalize on expanding industries. The government’s focus on infrastructure development, digitalization, and manufacturing under initiatives like “Make in India” has further opened doors for NRIs.

2. Favorable Government Policies

The Indian government has introduced a number of policies that support NRI investments. Measures such as relaxed tax rules for NRIs, repatriation of funds, and the introduction of Investment Clearance Cell (ICC) are designed to make investment processes smoother and more transparent. The government's push for ease of doing business has also simplified the investment process for NRIs.

3. Robust Financial Markets

India’s financial markets, including the stock market, real estate sector, and mutual funds, offer a broad spectrum of opportunities for NRIs. The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) are among the largest and most liquid markets in the world, making it easier for investors to trade and invest. Additionally, mutual funds and bonds offer low-risk, stable returns for conservative investors.

Best Sectors for NRI Investment in India

India’s diverse economy presents several sectors that hold great promise for NRIs looking to invest. Some of the most lucrative sectors include:

1. Real Estate

Real estate is one of the most popular sectors for NRI investment in India. With the country’s urbanization rate increasing rapidly, demand for residential and commercial properties is on the rise. Whether investing in commercial spaces, residential projects, or real estate investment trusts (REITs), NRIs have various avenues to explore. The Indian real estate sector offers attractive capital appreciation along with rental income potential.

2. Stock Market and Equity Investments

The Indian stock market offers a wide range of opportunities for NRIs, from individual stocks to exchange-traded funds (ETFs) and mutual funds. With an increasing number of companies listing on Indian exchanges, there is ample scope for capitalizing on market movements. Moreover, India's young and growing middle class creates a favorable environment for consumer-driven companies to thrive.

3. Startups and Venture Capital

India’s vibrant startup ecosystem has made it one of the most attractive destinations for venture capital investment. With numerous tech startups and fintech companies raising significant capital, investing in India’s startup sector provides opportunities for high returns. NRIs interested in this sector can explore platforms that facilitate startup investments or invest directly in venture capital funds.

4. Bonds and Fixed Income Securities

For NRIs who prefer stable returns, India’s bond market is an appealing option. Indian government bonds and corporate bonds offer fixed returns, making them an attractive choice for conservative investors. Additionally, NRIs can explore long-term savings schemes such as Public Provident Fund (PPF) and National Savings Certificates (NSC) for guaranteed returns.

How Claravest Can Help with NRI Investment in India

While NRI investment in India presents significant opportunities, navigating the Indian investment landscape can be complex due to regulatory hurdles, tax implications, and a vast range of investment options. That’s where Claravest comes in.

Claravest is a leading investment advisory firm specializing in NRI investments in India. With a team of financial experts and a deep understanding of the Indian market, Claravest helps NRIs make informed investment decisions based on their financial goals. Whether you're looking to invest in real estate, stocks, or bonds, Claravest provides tailored solutions that ensure maximum returns with minimal risk.

Claravest also helps NRIs manage the tax implications of their investments and guides them through the repatriation process, making it easier to transfer funds back to their home country. The company’s expertise in Indian regulations, combined with its network of financial institutions, ensures that NRIs can invest securely and profitably.

Conclusion

NRI investment in India offers an array of opportunities across various sectors, from real estate to stocks and bonds. The country’s strong economic growth, favorable government policies, and diverse investment options make it an ideal destination for NRIs looking to grow their wealth. By partnering with a trusted advisory firm like Claravest, NRIs can make well-informed investment decisions, maximize returns, and minimize risk. If you're an NRI looking to invest in India, Claravest can help you navigate the complexities of the Indian market and achieve your financial goals.