2024-12-26T09:11:56+0000

SIP in Cryptos with ₹100 Crypto SIP is a disciplined approach to investing in cryptocurrencies on a regular basis, whether it's weekly, monthly, or quarterly. Benefits: 1. Low minimum investment. 2. Investors have the flexibility to choose the frequency of their investments like weekly, monthly, quarterly. 3. Rupee-Cost Averaging 4. Diversification 5. Compounding How to buy crypto? 1. Choose a Broker or Crypto Exchange: Choose from a well-known cryptocurrency exchange. 2. Create and Verify Your Account 3. Deposit Cash to Invest 4. Place Your Cryptocurrency Order 5. Select a Storage Method **This is not a promotion of any kind. Do your research before investing** Tax Implications: Gains from cryptocurrency are taxable in India. Gains made from trading cryptocurrencies are taxed at a rate of 30%. The tax rate is the same for short-term and long-term gains Risks: 1. Extreme Volatility 2. Regulatory Uncertainty 3. Security Risks 4. Limited Historical Data 5. Market Manipulation Disclaimer: The above content has been made for educational purposes only. Please do your own research or consult a SEBI registered investment adviser before making any financial decision. Past return is not a guarantee for future return. moneyvsme, cryptocurrency, bitcoin, investment, how to invest in bitcoin, Shiba Inu, Dogecoin, SIPJ