![]() ![]() Ideally, you should invest a maximum of 10% percent of your money in Bitcoins. ![]() The technology is yet to get mainstream, meaning very few merchants accept Bitcoin payments in day-to-day transactions. Go for a Bitcoin investment if you have a long-term investment period, usually over a year or more than that. If you are investing in Bitcoin for a short period of time like for 4 months to 6 months time period, then you may incur losses.īitcoin is a high-risk, high-return asset suited if you are invested for a long-term horizon.įor example, if you would have bought Bitcoins last year somewhere around $10,000 and sold for $50,000 then only you would be profitable. Investment Time Periodįrom the historical Bitcoin price chart, you can see the fluctuations – In the last year alone the Bitcoin prices have moved significantly from around $9000 to $64,000 and back to $35,000. If you are comfortable seeing a capital loss in the short term due to Bitcoin price swings then it means you have a risk-taking capacity than people who invest in bonds to grow money safely.īitcoins are risky investments with the possibility of very high returns and subject to wide price movements. Conceptually, this is similar to stock investment and also applies to Bitcoin investment. ![]() Risk-taking is your capacity to bear market fluctuations. Do your own research and consult a crypto investment adviser for proper Bitcoin investment. And should not be treated as financial advice for investment in Bitcoin or any other cryptocurrencies. Minimum last 1-year price (as of 5th June 2021)ĭisclaimer – The article is a means to provide educational information on starting Bitcoin investment from India. Maximum last 1-year price (as of 5th June 2021) $669 billion (41.3% of the total crypto market capitalization) Market capitalization as of 5th June 2021 You need to take the following steps to Investment in Bitcoin in Indiaīefore moving to details of each step, let’s check a few Bitcoin related stats that you should know –ġ8.73 million (89% of the maximum supply) If you are ready to bear the investment risk and legally pay taxes on the profits earned then you can invest in Bitcoins. It indicates that the government has no plans to ban the cryptocurrency again like 2017. Supreme court judgment of March 2020 and recent RBI clarification regarding virtual/cryptocurrency currencies clearly says that – there is no regulation stopping you from investing in Bitcoins in India. ![]()
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