Buy and sell cryptocurrency ,Bitcoin in India, cryptocurrency India Blog

  With the likes of Elon Musk endorsing and embracing cryptocurrency, the year 2021 is all set to become a milestone for the cryptocurrency trade. If you are wondering what currency to buy and sell, here is a sneak peek of the popular cryptocurrencies comprising insightful and actionable data about their rank, dominance, market worth, and growth. Bitcoin (BTC) Global Rank#1 Out of the total market capitalization of cryptocurrency, 63.80% is dominated by Bitcoin (BTC), and its current value stands at $47,684.24 , circulating supply at 18,623,718 BTC . The circulating supply is the number of bitcoins or any cryptocurrencies that are in the public hands. The credit goes to its exponentially growing asset value. With Bitcoin (BTC) being endorsed by the world’s richest person on the planet, it deserves to be on the top of the list.  The current value of Bitcoin (BTC), market capitalization, and other metrics are shown above. In the below chart, you can see its growth from April 30...

  From USD Zero in January 2014 to USD 37,937 on February 04, 2021 – Bitcoin’s price has increased exponentially, particularly after the worldwide lockdown conditions triggered by COVID-19. See the Bitcoin’s price surge after August 2020.  Leaving behind the few exceptions between November 2018 to February 2019, the growth trend has remained consistent. Its growth remained unaffected due to international factors like the US-China tension and Brexit. Even the Covid-19 pandemic couldn’t slow its growth when the entire economy has come to a standstill due to the freezing of economic activities. Source Let’s observe the key period and factors that influenced its price.  Bitcoin Vs USD 2010 The bitcoin network came into existence on 3 January 2009, when Satoshi Nakamoto, its creator mined the first genesis block of bitcoin (block number 0). It became noticeable in 2010 when the value of a single Bitcoin jumped from around $0.0008 to $0.08. Due to its peer-to-peer network witho...

  What is Day Trading? Day trading concludes on the same day. Profit or loss – no matter what’s in the store, but the report card comes on the same trading day. It’s similar to a 20-20 cricket match where you don’t have much time to think and plan. In fact, it demands prior planning and strategy making. Sometimes, this strategy is also referred to as intraday trading. The goal of day traders is to use intraday trading strategies to benefit from the intraday price changes of the stock or any other asset. It demands objective decision-making keeping facts and figures on the table. How do Day Traders Make Profit? Before putting their money into this crypto trading instrument, here is what every successful day trader does to ensure maximum profit and minimum risk: Technical Analysis: Day traders learn the market sentiment using descriptive and diagnostic analytics. They perform an analysis of how the market performed in the past, and what caused it to behave like that. Thereafter, keep...