Is It Possible To Invest A Small Number of Crypto Assets In Foreign Exchange Trading: The value of Bitcoin has continued to rise since the end of 2020, and in April 2021, 1 BTC temporarily exceeded 7 million.
In fact, crypto-assets (virtual currencies) represented by Bitcoin can be invested in small amounts.
In this article, for those who want to start investing in crypto assets (virtual currency), we will explain how easy it is to understand how much you can invest less.
We will also tell you the pros and cons of small investments and the services that allow small investments, so please contact them.
Can crypto assets be traded from a small amount in oreign Exchange Trading ?
Cryptocurrencies were exhibited in 2008 and have grown significantly since 2020.
With the emergence of people who have become “billionaires” in crypto assets (virtual currency), interest in crypto assets (virtual currency) is increasing worldwide.
For starters, crypto-assets (cryptocurrencies) may seem volatile, but they can be traded at a low cost.
The first investment, your investment wins in the product at least 100 per cent.
It depends on the product, but for the most part, it needs hundreds of thousands of INR. Depending on the company, it could be over 1 million INR.
On the other hand, in the case of crypto assets (virtual currency), there are many cases where the investment can start from approximately 5000 INR.
In addition to the peace of mind that you can start with a low price, it will be easy to penalize the investment.
For starters, spending hundreds of thousands of INR in an investment company is risky. If a company loses business or its value in stocks falls, its assets will be reduced.
With crypto assets (virtual money), it is initially possible to get started at a small price and buy more when watching the price move.
By investing in various crypto assets (virtual currencies), even if one currency is lost, it is still possible to balance it with other currencies.
Cryptographic assets (virtual currencies) that can be traded for small sums of money can be said to be investment goals that even beginners should worth trying.
What services are suitable for trading small amounts of crypto assets?
In order to invest in crypto assets (virtual currency), you must first open a bank of exchange.
After opening a bank, deposit money in India and exchange it for crypto assets (virtual money).
Alternatively, set up a dedicated service to purchase crypto assets (virtual currency) on a regular basis. Now you can start investing in crypto assets (virtual currency).
Advantages and disadvantages of trading crypto assets for a small amount
It gives you a sense of security that you can trade for a small amount, but it also has its disadvantages.
Next, I will explain the advantages and disadvantages of investing in crypto-assets (virtual currency) with a small amount.
Advantages of trading crypto assets (virtual currency) for a small amount
The advantage of trading small amounts is that even if the price drops a little, the impact on assets is small.
For example, suppose you invest in a crypto asset (virtual currency) of 500 INR and the price drops by 50%. In this case, the loss is 250 INR. For 250 INR, it wouldn’t hurt so much for many people.
On the other hand, what if you invest 500,000 INR in stock and the price drops by 50%? The loss is 250,000 INR. When this happens, there is mental damage.
In this way, even if the rate of price decrease is the same, the impression is completely different depending on the investment amount. Being able to invest from a small amount is a great relief for beginners.
Disadvantages of trading crypto assets (virtual currency) for a small amount
He explained that if you invest in a small amount, there will be less mental damage when the price drops. But what if you think about the price increase?
Suppose that the invested crypto assets (virtual currency) have tripled in price. If you have invested 500 INR, it will be 1500 INR, but if you have invested 500,000 INR, it will be 1.5 million INR.
In this way, investing in a small amount means that the expected return is also small.
By starting with a small investment, gaining experience, and gradually increasing the investment amount as you get used to it, you will be able to raise the expected return.
First of all, let’s start crypto assets (virtual currency) from a small amount. Some people may not be able to take action, thinking that they are concerned about crypto assets (virtual currency).
However, the price of crypto assets (virtual currency), which are volatile, may rise while you are worried.
In the five years from April 2016 to April 2021, the price of Bitcoin, which is a typical crypto asset (virtual currency), has increased about 120 times.
If you had invested 100,000 INR that time, it would have been 12 million INR now. With that in mind, crypto-assets (virtual currency) can be said to be a dream investment target.
By holding a crypto asset (virtual currency) from a small amount, you will be able to get rid of your weakness in investing in crypto assets (virtual currency) and take the first step as an investor.
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