Rise & Fall of Crypto, someone’s gain is someone’s loos

by ExpertBlogger 7. February 2018 10:22

It is not that long when I was shopping for holidays and cash counter the cashier were just having general conversation and he asked me that did you see bitcoin it is going to touch 20k, I said yes but “Isn’t that imaginary and very volatile” I said he said “yes” but he was looking happy, “Do you have any?” I asked, he said yes I have and I am going to buy more, I was imagining that he Is cashier and who earn his money working hard and he is putting that money into something probably he don’t understand. May be some has told him that this is good investment to grow your money. Now after 2 months when I saw bitcoin rate, it reminded me of that cashier and I was thinking that what would have happen to his hard earned money, does he sold in time or he was waiting for price to go up and now his investment is cut into half.

I was reading about cryptocurrency and I was bit skeptical that should go for it or not, one of my friend suggested that you should buy some but again I said I don’t have strong heart that I can stand if I lose all my money in just couple of hours. There might been some different point of view looking at it but if you apply fundamental of investment that if you are taking highest possible risk to make highest money in small time then you should be strong enough to handle any situation which you have to face may be this could be good or bad. But again when we look at crypto this not regulated if you have lot of money and you lose there is no one who can take responsibility of that. 

According to many analysts this is something driving by the speculation and interest of people in something new and everyone is looking for making quick bucks and run out of this , they still think that our economy is not mature enough to handle this type of alternative currency and trade in day todays activities , when someone say it is currency then it should have some fixed value which someone cash in but rather that everyone use it as some kind of equity stock where there is not actual value for buying but we are just investing on the speculated value.

We don’t know that in the long term this might pick up or stables but at this point analysts only saying that some people made lot of money overnight and some people lost lot of money those who earn they are happy they are keeping their profits and again betting for good time to come.

Crypto can go in any direction it not even advice that be away from that because you might lose something which will be great down the line after 5 years but analysts fair advice it don’t do over of anything and just like alternative word to this currency, your investment should be like yet another alternative. 

"Any Investment is good till you know what you are doing"

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New Year, What's Next!!

by ExpertBlogger 2. January 2018 10:52

New Year is already here and everyone has welcomed New Year with joy and fresh resolution for coming year, it is always amazing to welcome New Year with fresh attitude and new perspective, looking at what we have done wrong in past year and correcting those mistake and doing better in coming days.

We always take a resolution for yourself and at this new year when we entering into 2018 we wish that people should consider and take up things which are generally overlooked we should take resolution to take make this world a better place and think that how we can make our contribution to the society in term of helping those who are in need and giving them level field to compete in this competitive world.

So this New Year talk take up resolution to do some social work or community work. Spend you valuable time with people who do not have anybody around , visit places where humanity still exists and finally to some charity which will help those next generation for better tomorrow , and when you are doing this have you kids with you because that is most important thing because you need to pass these values to next generation and your kids will learn this great thing you are doing and encourage them to care about society and increase their social awareness which is most important thing to have.

We have seen that these days people are connected through digital media but in really they are socially so much apart that it is very difficult to do social interaction as everybody feels like it is the last thing they need to consider and believe me this gap is just going to increase in coming days and we have huge responsibility in our hand to teach our kids that , this is not just you matters , this is us , people around us makes us social and responsible. If we could not do this then we will be living in isolated world in crowded city.

This New Year let look around and try to do thing which we are missing in this digital world, give time to real people rather than phone calls and video call. Feel the real touch and hold the hand who need you hand because at the end you take nothing with you it is your memories and how people see you when you are gone.

And lastly have Great Year ahead!!

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Expert's View

Have you done your investment yet?

by ExpertBlogger 10. June 2017 10:54

In my last article I have wrote about the need for investment and how that is necessary for everyone. I know some people always wanted to see their money in the bank and it make them happy but the point is that money does not grow and even it is growing it is growing with very slow rate.

Now when we talk about stock market investment then people often get reluctant because of its high risk nature and the research goes around it. I know the stock market investment is away been at high risk but it is always seen has high profit bit to do that you have be on your those to do you reinvestment and follow market every single day along with that you to follow new for the companies which you own the stock and make a wise decision depend or every trend in market, yes it seems hard and it is but if you are good at it then you can make lot of money sitting at home and doing smart click

This article is not about telling you to trade stock but there is also another opportunity to invest which is combatively low risk it is called mutual fund, these are the type of investment according me everyone should be doing because mutual fund managers and companies does their own investment and research for investing in all the stock and along with that they do other investment apart from the equity investment. Over last few years people have made decent profit by investing in mutual funds. 

If you don’t have money on upfront then there is provision done by mutual funds where you can do systematic investment every month and you can take advantage of ups and down of volatile market. It has been seen is pervious year the if market is gone down there is very little effect on mutual funds because they will holding diversify portfolio where other means of investment give you support when stock market is not in your favor.

Now when we think of investment there and many brokerage account which allow you to buy /sell or trade stock and mutual funds but there is always fees attached with that and that can be overhead but now there are many free stock trading providers are in market which allow you to trade freely without any charge on trade transaction and that is huge pulse for new buyers which want to enter. We always think about secure investment but there is need for investment then you have to balance between high risk and low risk investment opportunity because you should feel that you have miss the bus in thinking and people have made smart money. 

So what you are waiting for go ahead and taste the water, it’s never too late for investment. 

 

Disclaimer:  Stock market investment are subject to market risk, please do you own research about your plan before investing.

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Expert's View | Finance