Although asset management is an old practice, digital currency management is a newer practice gaining importance in the age of cryptocurrencies. Cryptocurrency portfolio management has gained popularity in recent years, thanks to the adoption and use of these assets worldwide.
The high yields have made more individual, professional and institutional investors join this profitable business that represents a new form of investment.
Crypto asset management is about the purchase and sale of digital currencies (Bitcoin and altcoins). These valuable assets used as investments by large and small investors require efficient management to maintain a diversified and healthy portfolio.
Cryptocurrencies are a form of virtual money created through computer code. It consists of a chain of encrypted data representing a monetary unit, a Bitcoin.
They are said to be decentralized currencies because they are not dependent on, supervised or controlled by a government, unlike fiat money like the Indian rupees, the dollar, the euro or the British pound, created by a central bank, often without any backing.
The technology behind cryptocurrencies is the Blockchain. This versatile net offers many possibilities due to its multiple uses and benefits. Today, almost all industry sectors are investigating how to incorporate the Blockchain into their respective areas of work.
Banks can use the Blockchain to improve the financial sector. Likewise, in the electrical industry and any other area, optimize processes, manage records, reduce workloads, save costs, billing, contracts, etc.
On the other hand, cryptocurrencies are assets used as a store of value. They represent a transactional means of payment; they serve as an instrument of exchange. They have unique characteristics or properties such as irreversibility, confidentiality, speed, global reach, security, and operation without restrictions.
Some cryptocurrencies tend to be deflationary regarding their monetary properties; this is something that can be coded in by the cryptocurrency team or be a part of the initial code that cannot be changed. They maintain a controlled and limited supply (Bitcoin is only 21 million units). In addition, they represent themselves and do not generate debts when they are issued (mined).
The most used platforms to buy cryptocurrencies are crypto exchanges. These legally established companies operate in India and almost all the countries around the world.
Exchanges work like an exchange house, where it is possible to buy or sell cryptocurrencies or exchange them for fiat money. Knowing how to choose the best cryptocurrency exchange in India is vital in digital currency management to raise returns and invest safely.
Cryptocurrencies can also be purchased through other similar financial platforms. Even some traditional banks in the United States and other countries offer this service with large exchange platforms.
Today cryptocurrencies, like other virtual assets, can be easily acquired. To start managing digital currency, you need to open an account on the exchange platform of your choice and select a digital wallet compatible with that platform to start buying or selling cryptocurrencies. You can also create your digital currency management by purchasing a hardware wallet from a well-known company like Ledger or Trezor and managing your wallet.
Part of digital currency management is its storage. Digital currencies are stored in digital wallets. There are several types of them whose characteristics and uses we explain later.
Being a decentralized network, the Blockchain offers the possibility of creating addresses or accounts for the owner or administrator of digital assets. Each account in a digital wallet needs a password to access it securely. The storage and the management of digital currencies can be done through a professional investor/trader or by the end-user themselves.
Control of cryptocurrency accounts is done through digital wallets. These resources are software that facilitates the management of digital currency. They allow you to send or receive digital money from anywhere in a short time.
Various types of digital wallets make it easy and safe to store crypto. Of course, you must keep the keys of your wallet in a safe place because if you lose them, your cryptos disappear too.
Below we will briefly explain the different types of digital wallets that exist:
They allow downloading the entire chain of blocks of the associated cryptocurrency. That makes the user become a non-mining node of the network. To download the whole Blockchain requires a large amount of space on a computer. That of Bitcoin, for example, exceeds 300 GB. They are very secure wallets.
To access these wallets, the intervention of a third party is necessary. They take up much less space than full wallets and store private keys locally. They are less secure and non-anonymous wallets.
They are considered to be the safest wallets for cryptocurrency storage. These are hard drives where the user can store their private keys. Its function is to offer the most significant possible security since the access to the funds is cryptographically signed on the hardware wallet. Hardware wallets can be connected to the internet or computers without any significant cyber threat, as the role of the hardware wallet is to isolate its key generation from any easily hackable system like a phone or a laptop.
Unlike the ‘hot wallet’ that we often use to monitor our crypto funds through phones or PCs, cold wallets are used less frequently. They serve to store cryptocurrencies with a high degree of security.
They are called cold wallets because they are disconnected from the internet. Therefore, no hacker can access them remotely. These wallets are developed using quite complex technology (software and hardware). That prevents stored funds from being exposed to theft.
It is a system used only to store keys, so it is a wallet without a direct connection to the Bitcoin network since it is a piece of paper. This wallet contains a printed private key, which can be encrypted under another key or placed there directly.
In digital currency management, many recommend this because it is also free from cyberattacks and other cybercrimes. It is a perfect “Cold Wallets”, but there is a risk of losing the paper wallet.
Digital currency management consists of monitoring digital assets in the market in search of opportunities to obtain returns in the short, medium and long term. The purchase, sale and storage are part of the management of digital currencies.
Good management of digital currencies seeks to optimize operations every day. This is achieved by diversifying an investment portfolio and balancing it to reduce risk and increase return.
Currently, there is a rush from investors to add more crypto assets to their portfolios. Not only cryptocurrencies like Bitcoin, Ether, Solana or stablecoins, but also NFTs (Non-Fungible Tokens) and other digital assets, which offer potential financial advantages as investment instruments.
Some of the most notable advantages that the investor has when managing digital currencies:
Global acceptance. They are used by many countries, and it is expected that after a few years, their acceptance will grow more throughout the world. As they are not regulated by states/governments, companies, or any other entity, their use is global.
Security. They are assets created under a secure and inviolable technology, preventing their falsification or duplication. In order to carry out an operation in the blockchain network, a series of security protocols must be complied with, and all functions are recorded there.
Deflationary nature. Some cryptocurrencies, such as Bitcoin or Litecoin, are subject to limited issuance. Litecoin is 84 million; after this figure, it is not possible to create more units of this crypto. That makes them a scarce asset.
Irreversible transactions. The condition of irreversibility that accompanies cryptocurrencies is another important feature in terms of their security. It is not possible for a third party to modify or cancel a transaction after it has been made.
Speed / immediacy. International payments are immediate, especially when transactions are made between companies or people in different regions of the planet. It helps the financial system facilitate commercial payments, especially between countries without commercial or monetary agreements for the compensation of payments.
Transparency. Since all transactions carried out through the Blockchain are public, a record remains. That file, which all users can read, remains stored in thousands of computers that make up the network. The possibility of being scrutinized and, at the same time, not altered makes cryptocurrencies very transparent assets.
Everything is not rosy in digital currency management. There are some disadvantages that the investor must also weigh before starting to invest in this rapidly developing industry.
Loss of money. If the trader forgets the passwords to his accounts, he runs the risk of losing all his funds. The cryptos stored in a private wallet are not recoverable without the access key.
Unless a third party manages the digital currency with access to the account, that is why it is essential to remember the access codes very well, have a backup copy that only you know, or keep them in a paper wallet.
Exposure to theft and fraud. Those who have their money stored in an exchange should know that cybercriminals can steal those funds. Although many of these platforms are pretty secure, there are no 100% guarantees of inviolability. The important thing is that the company is responsible for any loss.
Lack of regulation. The lack of local law and, even worse, standard regulatory guidelines at a global level could make cryptocurrencies not very safe to operate in certain places. However, this situation will not be for long as each jurisdiction will evolve its own rules.
Distrust. There are still people who distrust cryptocurrencies. Just as there are very safe and serious projects, there are also quite deficient ones. There is still a long way to go before they are entirely accepted. But, it is believed that its adoption and acceptance will tend to be universal with the regulatory frameworks in place.
Conclusion. There is much to learn about digital currency management; the important thing is that you begin to understand what cryptocurrencies are and what they are for to see a more apparent investment horizon regarding this type of growing asset.
What are a fact and the irrefutable truth is that digital assets are here to stay?
Cryptocurrencies are digital assets that allow investors to profit by buying and selling them, just like any other currency, commodity or digital asset. While mutual funds, as their name indicates, are investment vehicles funded by shareholders that trade in diversified holdings and are professionally managed.
This article will cover the investment options in cryptocurrency & mutual funds in India and see what challenges to investing in these financial vehicles. We will also comment on mutual funds investing in cryptocurrency and mutual funds in India.
Cryptocurrency investments have become very popular in recent years. People and companies that trade digital assets such as Bitcoin, Ethereum, Cardano, Litecoin and thousands of other cryptocurrencies in the crypto market.
The price of these tradable assets depends on a series of factors but, basically, on supply and demand. Unlike fiat money, cryptocurrencies do not rely on a centralized financial system governed by the country’s central bank.
Cryptocurrencies are a new type of tradable asset in the market, gaining more and more popularity and acceptance globally. The acceptance of cryptocurrencies in India has grown exponentially.
The country ranks second globally in cryptocurrency adoption, according to the global Chainalysis index. The report considers the use of digital assets by ordinary people who save or transact with crypto.
If you want to learn more about this topic, read our article Why you should invest in cryptocurrencies.
Investments in mutual funds are made in various assets such as stocks, debt, commodities, metals and others. The firms that manage these funds are in charge of carrying out the necessary technical analyses on the most attractive investment areas and negotiating the securities themselves.
Mutual fund managers are a service for investors who don’t have time or don’t know how to manage their money. In exchange for a percentage or service fee, these professional firms manage investments with the promise of potential returns.
Being legally established and regulated companies, they offer possibly higher guarantees to the investor regarding the safety of their money. It is a service based on expert knowledge of the market, transparency, liquidity and the possibility of diversifying the investment portfolio.
In addition to these factors, there are other reasons to invest in mutual funds, such as:
Convenience. Investments in mutual funds are easy to do. Less paperwork is required, and investors can buy most mutual funds online. Financial advisors also sell mutual funds to their clients.
Changes in fund schemes and portfolio rebalancing can be done frequently. This serves to keep returns within the investment strategy and expectations.
Low initial investment. If you adopt a SIP plan (Systematic Investment Plan), it is possible to start with a meagre investment of 500 rupees.
Lesser taxes. A great deal of money can be saved on taxes through these investment instruments, as mutual funds are tax favourable structures.
Optimal fund management. The investor has the security of placing his money in the hands of professional administrators. The investments are based on an investment plan on values carefully selected by experts, which guarantees greater possibilities of returns.
You will also find all these advantages in mutual funds investing in cryptocurrency.
Here are some of the differences between these two investment options:
As with any financial product, experts recommend that you need to keep some factors on the top of your mind for selecting a mutual fund.
You will need to consider these things when investing in any cryptocurrency mutual fund in India or any other jurisdiction.
Both have associated risks. Cryptocurrencies have high volatility and lack regulation, and various frauds and cybercrimes have increased in the crypto space. Mutual funds can generate low volatility returns and also lower returns.
However, some consider mutual funds, in general, to be less risky to invest in, including the mutual fund investing in cryptocurrency. Risk factors and portfolio management have to play a vital role in deciding if you will be investing in cryptocurrencies or mutual funds.
Crypto mutual funds aren’t possible in India at the moment. However, cryptocurrency mutual funds will likely be approved in the future.
For a bold investor who prefers a diverse portfolio of low-risk, medium-risk, and high-risk/return assets to not miss out on massive returns in this new asset class like cryptocurrencies, the mix of both investment options is well suited. That is, you can invest in cryptocurrencies and crypto mutual funds at the same time when it launches as such in India, mainly under SEBI’s approval.
The bad news is that SEBI has banned crypto mutual funds in India until there is a law to regulate virtual assets. If SEBI gives the go-ahead, a crypto mutual fund might operate similarly to a traditional mutual fund. Instead of stocks and bonds, it has different classes of crypto assets in its portfolio.
As long as cryptocurrency trading is unregulated in India, the options for Indian investors in crypto mutual funds will be limited or non-existent. Bringing the SIP-like features of a mutual fund to crypto might provide exposure to crypto an entirely new set of people and help build the nation’s wealth. If crypto mutual funds get approved in India, we will see a massive spike in the uptake and acceptability of these digital assets. Over the last couple of decades, mutual funds in India have made stock market investing extremely accessible to people and similarly cryptocurrency mutual funds in India have the potential to open up crypto asset investment opportunities to the masses
Cryptocurrency exchanges generally allow traders to buy, sell, and trade digital currencies. They are the most appropriate sites for this type of financial transaction.
When investing in cryptos, choosing the best cryptocurrency exchange in India is essential. Since there are more than a few of them, you must be very careful and take your time to choose.
There are several necessary elements that the crypto investor needs to consider when choosing the best cryptocurrency exchange in India. They are mainly: the security it offers, its liquidity and history, the fees, the markets where it operates and the user experience. At every point, you need to decide on the features, fees and security aspects of an exchange before you can identify the best platform for crypto trading in India for your needs
Another critical point is distinguishing between exchanges that operate only with cryptocurrencies and those that allow crypto to be exchanged for fiat money. Crypto to crypto-only includes cryptocurrency pairs. In comparison, fiat-crypto is ideal for buying or selling digital assets and currencies (Indian rupee, euro, dollars and others).
Once you have established these essential criteria, you can move on to a second phase. To do this, review the following aspects of the exchange in detail:
It is the determining factor when choosing the best cryptocurrency exchange in India. You do not want to leave your money in the hands of an insecure platform with a questionable reputation. Otherwise, you risk losing your funds through fraud, theft, or other cause. The best platform for crypto trading in India will require to have extremely resilient technology and hacker-proof security.
Security criteria include:
In addition, it meets the following standards:
o Login using a two-step authentication method. That is username – password and something you own (phone/laptop).
o “Cold storage” (offline) of warehouses.
o Exchange permanent audit programs (24 hours a day, 7 days a week). Send login and transaction alerts via SMS and email for added security.
o Whitelist the IP address of the account owner or withdrawal wallet addresses for additional security.
o Exchanges are notorious for getting hacked; even Binance – the world’s largest exchange, was hacked. Beyond security, you might want to see if the exchange has insurance against theft/loss of cryptocurrencies.
Note. It does not mean that you cannot operate on exchanges domiciled in other countries that offer high levels of security. Exchanges usually indicate the countries they support in their operations.
An exchange with a high trading volume has higher levels of liquidity. This is a critical factor because the more liquid the exchange and the cryptos it trades, trades become cheaper and faster to trade on and reduce the price volatility by offering lower spreads. Those exchanges with “fixed” prices of cryptocurrencies offer the crypto trader the guarantee of not changing the transaction price. One thing to remember is that liquidity varies across different trading pairs.
It is imperative to compare the service fees that crypto exchanges charge. They are generally 1% or less per trade and sometimes decrease as trading volume increases.
Another thing you should not forget is to check the withdrawal and deposit fees. Some exchanges set very high withdrawal fees for certain altcoins.
Likewise, some platforms offer the facility to buy digital assets with transfers and credit or debit cards. The problem arises when paying, as deposit fees can be 5% or more.
The ease of use of the exchange is no less critical, especially for those novice crypto investors. A versatile user interface (for mobiles and PCs), friendly, simple and easy to use, is always better valued.
Those who prefer to remain anonymous will probably not want to choose a cryptocurrency exchange in India that requires a lot of user identity data. Neither is a platform that does not offer 24/7 customer service with support and virtual assistance.
Last but not least is the history of the exchange. Investors should not choose one with problems with its users or that the government authorities are looking to stop/control.
All the popular exchanges and their pros and cons
Cryptocurrency exchanges are divided into three types or classes: centralized (CEX), decentralized (DEX), and hybrid. Each one has its pros and cons.
Centrally controlled exchanges serve as intermediaries between buyers and sellers. They are more reliable trading platforms when owned and managed by a company.
Centralized markets on the blockchain network offer the following advantages:
But they also have their disadvantages:
Decentralized or distributed exchanges instead have the following advantages:
The disadvantages of decentralized cryptocurrency platforms are several:
They are a combination of the previous two. They use smart contracts to guarantee the client the independence of the business without a central figure to govern it. Its disadvantage is that the client’s funds are placed on a blockchain, reducing security risks. So there is no one to claim for any problem that arises along the way.
Brokers and centralized trading platforms operate as legal firms and are regulated by the country’s laws.
So when choosing the best cryptocurrency exchange in India, you should also consider whether or not it complies with local regulations (or is legal)
The best cryptocurrency exchange in India will be the one that best suits your needs as an investor/trader. If you are starting to operate in the cryptocurrency market, it is convenient to get excellent advice from an expert on which of all these is the best for you.
As you can see, exchanges operate differently. Consequently, weighing its pros and cons before investing in crypto is essential. They all have varying degrees of ease of use. They also offer different levels of security, performance, and user experience. No one platform can be called the best platform for crypto trading in India because of the feature list, liquidity and security – are all variable factors
Go to the link below to know which is the best cryptocurrency platform in India for beginners. There you will be able to choose the best cryptocurrency exchange for you to start trading safely and more profitably. Conclusion: When deciding on an exchange, you need to consider various factors such as ease of use, security, fee structure, insurance, trading volume, and others mentioned above.
A cryptocurrency portfolio is a set of digital assets the investor has chosen as a part of their holdings for short, medium or long-term returns. It can be anything from a diverse group of cryptos to Bitcoin ETFs, NFTs, or real estate in the metaverse.
Before investing in crypto-assets and creating an investment portfolio, the investor should have studied the market in which he wishes to operate. Then you need to choose the best Crypto Asset Management Company and understand their performances and strategies.
This plan will depend fundamentally on the preferences of the Crypto Portfolio Management firm and its key fund manager. All investors must establish a plan, whether a beginner or an expert. A written plan with clear objectives helps avoid deviations along the way.
The strategic investment plan created by the crypto fund manager will indicate what you want to trade, how you will do it and at what points you will enter and exit if you sell.
A Crypto Portfolio Management firm needs to manage an investment portfolio correctly. Some Crypto Asset Management companies offer Crypto Portfolio Management and Crypto Wealth Management services.
Cryptocurrency portfolio management is all about creating and managing a basket of digital assets. Suppose the crypto portfolio manager operates exclusively with cryptocurrencies. In that case, he may have Bitcoin, Ethereum, Link, DOT, BNB, Solana, or any other digital currency of his preference with which he hopes to achieve returns.
Crypto portfolio managers must be clear about their assets’ return expectations. Are you looking for a basket of investments with less exposure to volatility? Or are you a more aggressive investor and take more risks to raise your bet for higher returns in the short term? Or do you prefer to buy and hold blue chips and not worry about short-term volatility?
They are two very different investment approaches. One follows a strategy with a very active system, and the other uses a passive system. The latter has the advantage that your portfolio will have much lower operating costs and commissions and reduce risk.
Instead, Crypto Asset Management firms who opt for the active approach must constantly keep an eye on the market. They are traders who trade crypto assets, perform technical analysis and track signals for profit opportunities.
Behind the crypto portfolio management process is usually a crypto wealth manager. A professional manager who is competent with the financial and operational knowledge of the market can help you make your investment achieve its objectives. Their function is to guarantee that the cryptocurrency portfolio is managed in the most profitable way possible while reducing investor risk.
Investments in crypto portfolios are not entirely risk-free. There will always be black swans (unexpected events) or situations that generate ups and downs in the price and performance of assets.
It is even more so when it comes to volatile assets that they generate higher returns than any other on the market, precisely because of their nature. In addition, cryptocurrencies are part of a rapidly developing industry sector.
Risk tolerance is simply the risk of loss you are willing to take. Measuring it is not easy because it involves the experience of the investor or crypto wealth manager operating in the market and their profile.
Experts affirm that without losing a certain amount of money in losses, it is tough for an investor to identify their risk tolerances. That is why most brokers or exchanges offer beginner training by carrying out operations on their platforms without real money in paper trading.
Although the truth is that when we invest real money in a trade or investment, we feel the emotion of the game. Once the person has determined their level of risk tolerance, it is essential to have clear objectives so as not to despair or make mistakes that can be costly.
When investors can accurately measure their risk limits and invest in a cryptocurrency portfolio that accurately reflects their risk tolerance, time horizon, and personal goals, they will better achieve their financial goals.
As you look to identify the best among the crypto portfolio management companies, you will need to ask the portfolio manager questions about risk mitigation strategies, the risk tolerance level at the portfolio levels, understand how they manage their crypto portfolio and get a good sense of the mental make-up of the fund manager. A good crypto portfolio management company will help you assuage your fears and show a deeper understanding of the market, along with sharing their strategies and temperament, which are essential in helping you make the right choice.
Some Crypto Portfolio Management companies believe that managing a portfolio means only going long on cryptocurrencies. One of the principles that the crypto portfolio manager should keep in mind is diversity. In maintaining a balanced portfolio, it is necessary to select a diverse group of digital currencies. A diverse portfolio also gives the investor the advantage of choosing a better-performing currency. Just as they don’t all rise simultaneously, they don’t fall together. Each of the 17000 existing cryptocurrencies is trying to outdo itself to compete, and it’s the role of the portfolio manager to ascertain and identify asymmetric risk and uncorrelated assets. Rebalancing portfolios and managing asset weights is a crucial responsibility of any Crypto Asset Management co.
Many Crypto wealth management firms use a wide range of portfolio trackers that allow you to gather all the assets in one place. This makes it easier for crypto portfolio managers to track investments more efficiently. When the investment portfolio is extensive, it becomes more challenging to track investment gains and losses.
Here are some of the best crypto portfolio tracking tools that top crypto asset management firms use worldwide.
It serves to track more than 300 crypto exchange platforms and multiple cryptocurrencies. It is a very secure platform that shows market fluctuations in real time. It offers performance charts and has a unique built-in tax function.
It is a handy free crypto portfolio tracker to monitor transactions. It allows you to create multiple portfolios but lacks certain premium features like other paid tracking platforms.
This premium tracker, available for PC and mobile devices, provides personalized crypto market news. It offers analysis and graphs on the growth of a particular asset or the entire portfolio. It also shows which cryptocurrencies are the most profitable and generates the most losses and exchange fees.
This investment tracker provides a bird’s eye view of the cryptocurrency investment portfolio. The tool is designed for diverse portfolios, including digital assets and other securities. It also has a news section that allows analysis of the transaction history.
It is considered one of the best tools for tracking free crypto portfolios, especially for crypto wealth managers whose trading frequency in the market is lower. You can make manual entries, and you can also set up multiple portfolios.
These four easy steps will help the crypto wealth manager to set up their crypto investment portfolio hassle-free:
1. Study and master the basics of investing in cryptocurrencies. Dip your toe and invest in cryptocurrencies based on your research. Investing in a business, you don’t know well or understand is an easy mistake. So, better get good advice on cryptocurrencies and how the crypto market works.
2. Analyze various types of crypto assets. In addition to Bitcoin and Ethereum, there are hundreds of altcoins. Many of them are projects with innovative proposals and very high growth prospects.
3. Choose cryptocurrencies according to their performance and investment prospects. Many start with known assets that have proven to be mature and safer investments over time. You can then move on to other newer cryptos, monitoring their performance, updates, and market capitalization.
4. Choose a popular cryptocurrency platform to store your assets and track your investment portfolio. Remember that the exchange is your bank of crypto funds. You know you have them because you trust them. If you trade with a professional crypto portfolio manager, he will tell you which one is the most suitable.
5. Divide your portfolio according to investment risk (high, medium and low). Whenever you invest in cryptocurrencies, let your risk tolerance be your guide. To help balance your portfolio, you can add stablecoins mixed with higher-risk emerging projects.
Since the crypto market is so volatile, it is advisable to rebalance the investment portfolio from time to time. Crypto wealth management firms have wealth managers whose sole function is to manage your crypto portfolio to deal with the volatility and asset allocation of each cryptocurrency in the basket. The modification or rebalancing of the portfolio is nothing more than the realignment of risks with the financial strategy by weighing the assets the investment portfolio holds. According to the risk objective and the investment goals set, it consists of buying or selling assets. Portfolio rebalancing allows the investor to average a better price when in losing positions—at the same time, preventing market movements from affecting the crypto wealth management firm’s strategy.
Knowing your investment style and understanding your risk tolerance levels are essential in the area of crypto investments. Knowing both can help you identify the right crypto portfolio management companies that can help manage your crypto portfolio.
Crypto assets are among the investments that need more frequent portfolio rebalancing. Trusting and working with the right expert and crypto wealth management firm will allow you to sleep better, knowing that your funds are safe in the right hands.
Saying which is the best cryptocurrency platform in India for beginners could be risky for the simple reason. Instead of there being one that is good at everything, we have a situation where some features are available only with specific cryptocurrency platforms and not the others. However, in this article, we offer a review of the top five crypto exchanges in the country to start trading digital assets.
India is one of the largest growing cryptocurrency markets in the world. Therefore, all the industry giants have pointed out their plans and strategies to attract new clients to the services.
You need to determine their reliability and services if you want to enter the crypto universe through any of these cryptocurrency platforms in India.
Company 1: WazirX
WazirX is one of the earliest cryptocurrency companies in India. It describes itself as “India’s most trusted Bitcoin and cryptocurrency exchange.” The user can buy, sell and exchange Bitcoin, Ethereum, Ripple, Litecoin and other cryptocurrencies. Its launch occurred in March 2018, promoted by Nischal Shetty, Siddharth Menon and Sameer Mhatre.
WazirX.com is headquartered in India and offers a simplified cryptocurrency trading platform for the beginning player. Users can access the site through PCs, tablets and smartphones. In addition, it has robust security features that make it a very reliable platform.
After being acquired by the global cryptocurrency giant Binance, its prestige, popularity, and adoption have grown tremendously. To the point that some analysts consider it to be the best cryptocurrency company in India. While, being acquired by Binance provided a lot of legitimacy to the platform, we also feel that WazirX hasn’t launched new features in a long time and other cryptocurrency platforms in India have taken over in terms of feature set and new product launches. While this is the case, it continues to remain one of the top cryptocurrency platforms in India.
The platform offers the user several key elements and services. Its innovative crypto exchange, WazirX P2P, is the “world’s first P2P auto-match engine.” This tool converts fiat money into crypto instantly. Its recently introduced utility token WRX is a native token that benefits clients of the Indian cryptocurrency platform by getting discounts on service fees and giving them access to new token airdrops.
“If you are a new trader looking for the best cryptocurrency app for beginners in 2022, WazirX can be your go-to option,” the company website notes.
The platform allows UPI, IMPS, NEFT and RTGS deposits, although it prohibits credit card deposits. The user must pay either of the two fees, one for the taker of 0.20% and the one for the maker equivalent to 0.20% for each of the commercial transactions carried out.
Some of its utilities for the beginner are that:
WazirX doesn’t have a yield or a cryptocurrency loan function that some of the other cryptocurrency companies in India are providing
Company 2: CoinDCX
It bills itself as “India’s largest and safest cryptocurrency exchange” for easy buying and selling cryptocurrencies. This leading startup, launched in 2018, is currently working on its expansion by offering various products and services. CoinDCX is one of the most feature rich cryptocurrency platform in India and the team seems to be focussed on developing and launching new features that are relevant to users
Its successful scaling and strategy have earned it a good reputation in the market. The company has raised funds from marque investors worldwide, and it was not for nothing that it was ranked as the first Indian crypto unicorn company in 2021. CoinDCX raised $135 million USD in 2022 and its valuation exceeded USD $2 Billion and it firmly placed itself as one of the top cryptocurrency companies in India
The Indian cryptocurrency platform, with offices in Mumbai and Singapore, has a significant number of users that already exceeds 10 million. Any novice trader can buy tokens there with a minimum investment of just 100 Indian rupees.
Additionally, the cryptocurrency company offers the option to perform margin operations and bet on certain digital assets. It has a straightforward interface where users need to provide some information to sign up.
Like other cryptocurrency companies in India, CoinDCX was impacted by the tax measures taken by the government. Especially the 1% tax for each operation has affected the most active traders.
Investors can invest in a disciplined way, thanks to the new investment plan recently introduced by the company from time to time.
These are some of its main features:
Company 3: Coinswitch Kuber
It is one of the leading cryptocurrency companies in India which was founded in 2017. They had to slow down during the RBI Ban, however they sped up their operations in mid-2020, when the Supreme Court of India lifted the ban on cryptocurrencies.
This company claims to have 7.5 million users and monthly transactions valued at approximately $300 million.
Its simplified platform is ideal for beginners because it has a simple registration process. After completing the KYC/AML verification, users can choose from various exchanges and get more favourable trading rates.
It supports payment methods such as UPI and is compatible with fiat money, including the Indian Rupee (INR). Deposits can be made for a minimum amount of Rs. 100. Likewise, it has around a hundred different cryptocurrencies to exchange, including Bitcoin, Ethereum, Dogecoin, and Matic.
Coinswitch Kuber has a unique approach that helps users spot more and better crypto trading opportunities. It also offers uniqueness with respect to other platforms for connecting its clients to many exchanges and digital wallets.
Some of its greatest advantages are the following:
Reward system for completing milestones (verifying the account, for example) and referring other customers. Some traders consider Coinswitch Kuber to be the best cryptocurrency platform in India. But it has the following disadvantages:
Unlike other cryptocurrency companies in India, Coinswitch Kuber’s not focussing on a web based product has kept traders away from this platform
Company 4: Zebpay
This Singapore-based Indian cryptocurrency company with global operations boasts of having 3 million members attached to its platform in the country and the rest of the world. It started its operations in 2014 and is one of the oldest cryptocurrency companies in India. Since it was one of the earliest cryptocurrency platforms in India, it received a fair amount of goodwill amongst the early cryptocurrency users in the country.
The platform, available on iOS and Android and the Web, allows its users to buy, sell, store and use cryptocurrencies. With fiat currency transactions over $2 billion and cryptocurrency transactions in the order of $3 billion in some 160 countries, it is one of the best-known companies in the industry.
It is an exchange whose application offers a straightforward and easy to use interface. It’s equipped with several quite advanced trading features. To help the novice user, ZebPay has various videos available on YouTube in various regional languages and an e-book.
Through Zebpay, it’s possible to buy a vast basket of cryptocurrencies such as Bitcoin, Bitcoin Cash, Ripple Bitcoin, Ether, Litecoin, XRP and others. 98% of the crypto storage it offers its users is “cold”, making it a very secure platform.
It would be best to trade on it at least once a month; otherwise, the platform charges an extra membership fee. But users receive up to 6% interest for depositing cryptocurrencies. For loans, in cryptos, the interest rises to 12%.
The storage services of purchased cryptocurrencies offered by the company are available on the platform and in a digital wallet. Some of the most significant advantages of this Indian cryptocurrency platform are these:
Company 5: Unocoin
It is one of the largest BTC and blockchain exchange companies in the country, with more than a million users. Unocoin was one of the earliest cryptocurrency platforms in India since its launch in 2013. It was funded by Blume Ventures and later received funding from multiple VC firms across the world. From that position, Unocoin wants to continue advancing and growing into other world regions. The wallet offers its users a peculiar, reliable and simplified platform for trading Bitcoin (BTC) – INR. This Indian cryptocurrency platform started operations in 2013. Since then, it has substantially improved its Bitcoin Cash services by adding various elements to its exchange system.
The cryptocurrency company wants to be at the forefront and currently offers a unique feature for BTC POS processing on its platform, which is very attractive to offline traders.
Through the Unocoin Wallet, investors can buy, sell orders and trade Bitcoin trades. Regarding cryptocurrency trading, the platform has participation tokens of BTC, ETH and USDT (US Dollar Tether).
Traders who are just starting out and still in doubt can choose the amount of fiat money (INR) they want to fund.
Here are its main advantages as an Indian cryptocurrency company:
The disadvantages of the encryption platform are several:
So these are the best cryptocurrency platforms in India for beginners. As you can see, each one has its pros and cons. When choosing, you will have to analyze the services, rates, and technology carefully.
Please also note that any investment using these cryptocurrency companies in India will always carry certain risks. Therefore, it is advisable to get good advice from a trusted financial planner before investing in cryptos or any other crypto asset available in the market.
Exchange traded funds or Exchange Trade Funds (ETFs) are among the newest investment instruments with cryptocurrencies today. They offer multiple advantages, among them, and perhaps the fundamental one, the possibility of capitalizing on this type of investment in highly liquid markets such as The Wall Street.
The ease they offer for their purchase or sale and their low transaction costs make cryptocurrency ETFs very attractive and efficient investment instruments to diversify the portfolio of any investor.
Like traditional ETFs, these funds require registration with the United States Securities and Exchange Commission (SEC), as open investment companies, in accordance with the provisions of the Investment Company Act of 1940.
Since its release on the market, with the approval of the product presented by ProSahares (Bitcoin Strategy Fund – BITO), on October 19, 2021 in the United States, Bitcoin futures ETFs have become increasingly popular tools among institutional and retail investors.
The supply of cryptocurrency ETFs continues to grow and there are high expectations regarding their future value and contributions to the growth of the crypto industry. As regulators approve ongoing projects, the market will continue to diversify and grow.
In this article we explain everything you need to know about Bitcoin ETFs and other cryptocurrencies to start trading in the market of your choice.
What are cryptocurrency ETFs?
They are one of the most anticipated financial tools in the crypto industry. Cryptocurrency ETFs are making it easier for traditional investors and Bitcoin enthusiasts to access the digital currency market.
This is because they are less complex to understand than cryptocurrencies themselves and are well established financial products that the markets understand. This allows investors to have access to the asset class in a form that they already understand.
The first antecedent of cryptocurrency ETFs was presented in 2013. That year, the Winklevoss brothers filed an application for approval of this type of financial product before the SEC. The SEC refused their application at that time.
Multiple benefits with potential risks
According to experts, both the benefits and the potential risks involved in cryptocurrency ETFs are multiple. While on one hand, ETFs are well understood, the underlying asset aren’t always well known and understood. The absence of a strong regulatory framework for cryptocurrencies is also an area of concern globally.
Currently, in addition to the US, ETFs are listed on several markets such as Germany, Liechtenstein, the Jersey Islands and Brazil. But they are not yet available in India, although they can be purchased in global markets through mutual fund companies.
Until there is a law regulating them, it is very likely that Indian asset management companies will not launch crypto ETF projects, industry experts say.
How do they work?
For the new investor it is important to know how cryptocurrency ETFs work. These investment instruments facilitate the process of exchanging securities on the stock market. They operate like any other type of listed asset, for example shares. The fundamental characteristic of ETFs is that they are traded on secondary stock markets. Cryptocurrency ETFs, like other mutual funds, track the performance of one asset or a group of assets.
You don’t buy the asset but its value
In other words, the investor does not buy the asset or token itself, but the value that marks its price. We can exemplify as follows. A Bitcoin ETF will track the price of the cryptocurrency which is worth $40,000 at the time.
By buying a part of it, the investor makes a profit when its price rises to $42,000. Or it loses when it trades below the purchase price. The investor does not need to buy bitcoins themselves but to play with the volatility of its price.
In simpler terms, Bitcoin ETFs allow traditional investors to integrate into the cryptocurrency markets and the reverse is happening as well. Crypto is becoming main stream and becoming a part of the traditional financial asset class.
No wallets required
Another advantage of cryptocurrency ETFs is that their holders do not require a wallet to store these digital assets. They also don’t have the worry that their funds might be hacked or stolen. The security aspects of cryptocurrencies must be covered by crypto exchanges.
Regarding the legality of operation of an ETF, it is imperative that the company that issues it is legally established. That is, it must have an operating license issued by the country’s regulatory authorities. For example, the United States Securities and Exchange Commission (SEC).
Difference Between Cryptocurrency ETFs and Cryptocurrency Index Funds
Although it is true that both tools are very similar with respect to their objectives, there are also clear differences. The main difference between cryptocurrency ETFs and index funds is in the way they perform this task. Let’s see:
How are ETF prices determined?
Exchange-traded mutual funds sell futures contracts. They are basically agreements between two parties to exchange a contract unit of the cryptocurrency, in this case bitcoin.
These funds, in turn, create stocks whose prices are based on the current price of a contract unit. It then offers them on an exchange platform where they are traded.
For the purposes of the investor, the calculation of the price of ETFs is not very different from certain purchases that we make in daily life. There are two concepts that the investor must keep in mind when investing: the Market Price and the Theoretical Value.
For example, imagine buying a late-model car that you’ve wanted all your life. The first thing you will surely ask the seller is how much it costs. That is the market price that the seller has established according to a series of marketing parameters.
You may find that the value of the car is a bit high and you want to determine with certainty it’s true price. Then get an appraisal of the vehicle. Several values come into consideration there: engine, assembly, seat materials, technology, etc.
After doing this analysis and comparing prices, you will have a price that you can consider fair to pay for the car. The same happens with the determination of the Theoretical Value of an ETF or NAV (Net Asset Value), which clearly indicates what the approximate fair value of an ETF is in the market.
How to buy and sell cryptocurrency ETFs
Investing in cryptocurrency ETFs requires consultation with a stockbroker that offers them or an expert financial advisor. Don’t forget that Bitcoin ETFs are traded on traditional exchanges not cryptocurrency exchanges.
There are several Bitcoin ETFs available that are listed on the ARCA New York Stock Exchange and on Nasdaq such as:
Other ETFs listed on stock exchanges in Europe and America are:
The latest Bitcoin ETF was approved by the SEC on April 6. This is the Teucrium Bitcoin Futures Fund (BCFU) project, presented by the Teucrium Trading firm. But there are many more similar companies and projects that will surely be added to this growing list this year.
The composition of these ETFs is not only Bitcoin futures. These funds also invest in traditional securities and hold BTC futures contracts as part of their strategy and when they are profitable, as is the case with the Proshares ETF.
The companies that manage these crypto assets and many investors still dream that an ETF for bitcoin and other spot cryptocurrencies will soon be approved, which would provide direct exposure to the cryptocurrency and not indirect as is currently the case.
Before investing in these instruments, investors are advised to fully understand the tax consequences of ETFs so that they can be proactive with their strategies. Also, talk to a trusted financial advisor who allows you to navigate the pros and cons of these instruments.
Since its launch six years ago, Ethereum (ETH) and its network have emerged as the most important project on the blockchain. From the beginning, Ethereum introduced a series of innovations and solutions to the industry that Bitcoin had not been able to solve.
Its native coin is the second largest in market capitalization. ETH has remained the leading altcoin in the market despite the emergence of rival projects, some of which have made interesting tradeoffs in search of scale and/or speed and/or security – the holy trinity of the decentralized ledger world.
This article delves into its potential as an alternative digital currency to BTC. We discuss its features and benefits and explain why a killer has yet to emerge to dethrone ETH from its leading position in the crypto market.
Ethereum is a very versatile digital platform that uses blockchain-based technology. Its use extends to a wide variety of applications. So much so that Ether (ETH), its native cryptocurrency, is the second-largest in market capitalization. It can be used in transactions that use this open-source software.
This platform was launched in 2015, although its development began in 2013. The purpose of the creator of Ethereum, Vitalik Buterin, was to create a protocol that would support decentralization and computing applications for the first time on the blockchain.
Like Bitcoin (BTC), Ether is part of a peer-to-peer decentralized financial system. It means that it is autonomous and does not depend on any government, unlike fiat or traditional money (dollar, euro, yen). However, the Ethereum protocol is transitioning to a proof of stake, while the bitcoin protocol is based on a proof of work.
From its birth to the present, the price of Ether has grown exponentially. In just six years, it skyrocketed from 0.66 cents (September 2015) to $4,426 in September 2021. Its rise in the market came after proving that its protocol is faster and more efficient than bitcoin.
Like all cryptos, Ether is very volatile; its fluctuations are heavy and volatile in the intraday timeframe. But its market capitalization places it in the Top Ten cryptocurrencies, rivalling BTC and the other existing digital tokens.
The crypto uses a shared ‘digital ledger’ in which all operations are recorded. This book, called blockchain, guarantees the transparency of each of the transactions. It is freely accessible to the public, but at the same time, it is very secure since it is impossible to modify later.
The Ethereum blockchain that supports Ether is built through the data mining process. Miners are responsible for verifying entire groups of Ether transactions to form “blocks” and encrypt them using complex algorithms.
These algorithms are mathematical problems that involve a certain difficulty. This makes the block processing time (one every 14 seconds approximately) long.
As new blocks are created and processed, they are linked to the previous blockchain (they are like train cars), and the miner receives a reward for his work. The system rewards the miner with a fixed amount of Ether tokens each time a block is completed.
Usually, the reward is 5 units of ETH. However, this number may decrease if the cryptocurrency continues to increase. Currently, the supply of ETH in circulation stands at 118.6 million, while that of BTC is 21 million.
Competition in the crypto industry has grown as new cryptocurrency projects emerge. Although it is considered the queen of altcoins (alternative currencies), Ether has strong competition.
Experts claim that among its main rivals (killers) could be Cardano (ADA), Solana (SOL) and Polkadot (DOT), which occupy the first places in the crypto ranking. Furthermore, a JPMorgan report published in January warned that ETH was losing ground in the NFT market to its competitor Solana.
This network is among the fastest-growing today. It is capable of processing up to 50,000 transactions per second (TPS), according to its own developers. Instead, Ethereum can only process 15 and 45 TPS. The Solana ecosystem has more than 400 diverse projects currently running, including stablecoins, Defi projects, and portfolio management.
On the other hand, there is the Cardano project, which promotes its development by adopting a very research-intensive approach to its network. Cardano has extraordinary smart contract capabilities, although it has not yet launched none of them. Cardano not only has remarkable smart contract capabilities. The third generation of this network is considered more scalable than the Ethereum blockchain.
Polkadot is another potential Ether killer. To compete with ETH, this blockchain network is trying to solve problems related to the scalability and cost of Ethereum. Polkadot has strong interoperability capabilities by allowing blockchains to communicate effectively.
The increased congestion of the ETH network, along with its high fees, could eventually dethrone the crypto that has most revolutionized the industry. Likewise, Ethereum has lost market capitalization share with respect to Solana, as the volume of NTFS traded has decreased.
According to JP Morgan, “crypto markets continue to evolve, and so-called ‘Ethereum killers’ are gaining popularity based on their improvements made versus Ethereum.” The US investment bank also warned that Ethereum’s dominance over Defi platforms was at risk due to the scalability of the network.
Other alternative blockchains such as Binance Smart Chain, Avalanche, Terra, Polygon and Fantom are also making inroads in Defi market share. These would-be ETH killers have received heavy funding and are promoting the use of their networks through significant incentives.
With all the dangers that lie in wait for the Ethereum blockchain and its native digital currency, the project maintains its leadership. This is why there is no ETH killer yet, and perhaps; there will be none in the immediate future.
ETH and the other rival cryptocurrency projects can continue to coexist without the need for one to become obsolete per se. With each chain having its advantages and disadvantages, may the best ones ride to the top of the market cap and make the decentralized world faster and safer to transact in
Many crypto market analysts do not believe that ETH can be killed. Even less so with its POS upgrades that will make it greener by reducing energy consumption.
ETH has become deflationary after the enhancement proposal (EIP-1559), according to a report by a group of Australian academics. The pace of innovation and growth in developers accepting solidity and their core language of programming and the Ethereum network as the core network for building their applications has outpaced most of the smaller projects.
Although it costs more, for now, Ethereum is still considered the best blockchain in terms of work. In addition, to compensate for the delay in transactions, there is Polygon (MATIC), which offers scalability solutions to projects that operate within the Ethereum network.
Major NFTs are still sold in ETH and not on sidechains or other chains because they are created and managed on this blockchain. Therefore, the payment requirements for NFTs are also on Ethereum.
These decentralized applications can run with increased speed, interoperability with the network, and lower fees.
Despite the drop in the price of ETH along with the other cryptos, there is no doubt that the project is still going strong. Some experts even predict that crypto will surpass Bitcoin, thanks to the boom in NFTs, its versatility and the intensive use of the blockchain network.
They consider that it will be able to overcome the downward trend that has accompanied it in recent months. Ether surged 504% in just one year, rising from $730 in January 2021 to $3,680, where it hit in late December, according to CoinMarketCap records.
As of mid-March 2022, its market capitalization reached $355.187 million. Only NFT projects developed on the Ethereum blockchain currently bring in a total value of $156 billion. This is by far almost double the value of the other 10 networks combined.
Ether has how and with what to defend itself in the market. Its advantages are many compared to other cryptos. One of the main ones, being a decentralized network, is its hacker-proof security. Consequently, users’ personal information and funds are safe. Any barrier of mistrust between the parties is eliminated.
It has its own design that allows it to prevent fraud and adulteration. Ethereum has become a multipurpose network, offering various solutions to everyday industry problems. The network allows developers to adapt blockchain technology to different applications.
For this reason, it has become the preferred infrastructure for the development of multiple decentralized projects. In other words, financial services are created and hosted on a decentralized platform like public blockchains and smart contracts.
Such contracts operate automatically, depending on how they have been programmed. For example, they can be used to send a certain amount of Ether to a third party at a future date or store debt records without the need for intermediation.
The network and smart contracts offer a diversity of uses and applications. Ethereum simplifies administrative processes by dispensing with intermediation, with the additional benefit that it lowers costs and is totally reliable.
These are just some uses of smart contracts through the blockchain:
In conclusion, ETH is one of the most innovative cryptocurrencies ever created, and there is still a lot of room for improvement. This is a very safe and reliable bet for those who are just starting to operate in the crypto market. Compared to some of the ETH ‘killers’, we feel that ETH will maintain its dominance, but we also look carefully into each of the competitors to spot areas of growth that can outstrip the pace of ETH in the short run. Long live ETH.
This guide to investing in cryptocurrencies and other digital assets will help you successfully enter the crypto space and progressively develop the ability to understand this growing global market better.
The first thing we must say is that cryptocurrencies are the new form of money. Digital money entered the scene in 2009 with the launch of Bitcoin (BTC). This was the first cryptocurrency created by someone under the pseudonym Satoshi Nakamoto.
Since the dawn of the crypto age, the price of cryptos, despite the characteristic ups and downs due to their volatility, have gone up substantially over a 10-year horizon. Cryptos, at this point, represent an unavoidable investment option.
Among the well-known cryptocurrencies of the almost 1700 projects that currently exist are Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Tether (USDT), Cardano (ADA), Solana (SOL), Ripple (XRP), Terra, Dogecoin (DOGE) and Shiba Inu.
Cryptocurrencies are currently considered an essential asset in the investment portfolios of many investors. Big and small investors are betting on the success of blockchain technology. Its multiple uses are entirely changing the financial system of the countries.
For about three years, investments in cryptocurrencies have grown at the level of oil, gold and any other stock market asset. Today, the crypto market is already well over $3 trillion, according to data from Statista. This puts digital assets on a par with Apple, Google, Meta, Amazon, and every other tech giant.
So now is the time to jump on this fast-moving bandwagon of progress. But, to invest, you need first to learn how to do it to avoid costly mistakes.
Basic Crypto Investment Methods
To start investing in Crypto, you first need to adopt one of the four investment methods.
1. Buy cryptocurrencies
Through centralized cryptocurrency exchanges, P2P shopping sites, decentralized exchanges, and ATMs, you can do this. You will need to get your KYC done, then you will need to link your bank account to your crypto exchange, and you can get started. This is the easiest and most recommended method to invest in cryptocurrencies as long as you take the proper precautions since the purchase is direct.
To do this, you must create an account with a crypto exchange. These are some of the biggest in the world: Binance, Coinbase, Gemini & Kraken . In India, you can look at WazirX & CoinDCX Although there are many more that offer excellent services, security and important returns for your investments.
2. Invest as you would in a SIP
The crypto asset space is more volatile compared to the stock market and the mutual fund space. Therefore, it makes a lot of sense to make monthly purchases of your favourite basket of your Crypto digital assets. This would allow you to average out your price and ride out the volatilities in the short run, which could significantly help you improve your long term returns.
3. Invest via a fund
Investing in a fund is good if you want a nuanced entry into the crypto asset space. Funds perform their due diligence work, filter assets, and have early access to deals that others may not have. These can help in generating good returns for your capital. A fund allows you to be hands-off and allows experts to focus on their expertise in generating returns via their understanding of the crypto space and fund management insights. /
Crypto is here to stay and your consistency and thoughtfulness of choices will play a very important role in the returns you will generate. With over 17,000 cryptocurrencies available, it is imperative to both know which ones to buy, when to buy and also how to buy and secure these assets. Start with a small amount to build your confidence in the space and you could be on your way to generating generational wealth
Investor sentiment towards cryptocurrencies is changing fast at both retail and institutional levels. Across the spectrum, both individuals and corporations are either contemplating or are deeply investing in digital assets like cryptocurrencies, NFTs, the metaverse, crypto ETFs like BTCC, and crypto-focused companies, including Coinbase.
At first, the ROI appeal of these digital assets was the key factor drawing in investors.
Today, however, rising inflation and the threat of global instability have exposed the fickleness of traditional investments. These give everyone yet another reason to consider investing in crypto.
Most individual investors and entities understand the potential digital virtual assets present to their investment portfolios. Many of the world’s wealthy like Tim Cook, Mark Cuban, Tim O’ Leary, Jack Dorsey and Elon Musk now own significant cryptocurrencies. Corporations like Tesla, KPMG Canada, and multiple US University Endowments have, on the other hand, have exposure to billions worth of cryptocurrencies.
Even historically conservative investment gurus like Warren Buffet reduce their exposure to traditional stocks and increase their exposure to crypto-focused companies. His conglomerate holding company, Berkshire Hathaway, dumped $2.1 billion in Visa and Mastercard to load up on $1 billion worth of NuBank stock (a crypto-focused bank in Brazil), as per the SEC filing in February 2022.
Through Fortuna Digital Assets Fund, we present you with an onramp that you can use to ease your transition to crypto investing.
But why invest in the Fortuna Digital Assets fund? Here are our top three reasons:
Missing the next big thing is hazardous to your wealth. Investing in Amazon, Google, eBay or in Flipkart, Lenskart, or Ola, each of these could have, over some time, set you up for significant success. However, the internet companies as an asset class were missed by most of the investors because Venture Capitalists and Private Equity Funds controlled the access to these companies.
The Digital Crypto Assets promise to be the next big thing in the investment industry. The bulk of these has posted massive gains over the past few years, as evidenced by the total crypto market cap, which grew by over 10000% between Jan 2017 and March 2022. Future fundamentals indicate that these virtual assets are poised for more significant value gains. We, therefore, cannot afford to wish away their promise to the investment industry.
If this revolutionary wave presented by the crypto industry persists, digital assets will be the most sought-after investments. The Fortuna Digital Asset Fund offers you access to this asset class safely and early to tap the potential of the market and get more comfortable with the Digital Asset space while making sure your hard-earned money is invested in high-quality digital assets.
First-generation cryptocurrencies like Bitcoin and Ethereum are moderate income-generators and quintessential stores of value. On the other hand, second and third-generation digital assets like Solana, Avalanche, and NFTs promise to catapult your portfolio to more considerable heights. In 2021, for instance, a snowballing demand for virtual assets, community support, and scaled crypto adoption helped some tier-2 digital assets like SOL and MATIC gain 3400%+ and 2800%+, respectively. However, in a market flooded with 17000+ digital assets, finding the right crypto to invest in can be rather challenging.
Fortuna Digital Asset Fund has a team of crypto and investing experts dedicated to vetting these cryptocurrencies. The group constantly researches the crypto market, finds high-value coins and tokens, vets their fundamentals, and verifies their sustainability. The team then handpick promising crypto assets and only include the few that exhibit the highest potential for future growth in the Fortuna Fund.
While you are late to Bitcoin (to generate a 100x return), there are numerous other virtual assets that you can use to create generational wealth. You, however, have to identify them before launch or as soon as they hit the market and be part of their early adopters. That is the methodology used by leading crypto venture capitalists like Coinbase Ventures, AU21, a16z, Pantera, and Paradigm Capital, who injected a combined $30+ Billion in crypto start-ups in 2021. They identify and invest in massively potent but undervalued and upcoming digital assets.
Like these VCs and hedge fund executives, our team of experienced crypto experts and analysts are constantly scouting the crypto markets to identify such crypto projects. Through their rich experience in the blockchain space, they are quick to spot potent digital assets before they bloom and lock them into the fund.
It’s an exciting opportunity to invest in digital assets and diversify your portfolio to create generational wealth. To help you get started, we have created the Fortuna Digital Assets Fund that brings the power of world-class research, advice and security to you and enables you to grow your portfolio by investing in world-changing technological assets.