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Understanding the Basics of Blockchain, Cryptocurrency, and Wallets.
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#Write2Earn #TrendingTopic #BTC #CryptoForetelling #Step-by-step Crypto investing: 5 highly effective strategies for your portfolio  Reuters Synopsis Investing in cryptocurrencies, like in other forms of investment needs to be done strategically, linking back to the financial goals of the investor. Given that this form of investment is still very nascent, there are several strategies that investors can choose from, but the ones given are not just popular but also successfully tried and tested. By Roshan Aslam, ET CONTRIBUTOR Investments are the key piece of any financial planning puzzle. These investments could be in market-related instruments like shares, stocks, and bonds or financial institution-related savings and fixed deposit accounts or in gold, real estate, or avenues like art, fine wine, cigars, antiques, and other artifacts. A new entrant to this group is investment through cryptocurrencies. ADVERTISEMENT Multiple reasons have contributed to cryptocurrencies outshining the more traditional forms of investment in recent times. Irrespective of which cryptocurrency or token a person invests in, some inherent characteristics of all cryptocurrencies have made them a darling of all, especially new-age investors. For starters, any transactions involving crypto are extremely low risk because all crypto is devoid of control of any monetary authority or central bank. A big plus for crypto is that changing economic factors play no role in its rise or fall. Its decentralized position, reliability, and efficiency have made it one of the best and fastest options to increase your investment very quickly. ADVERTISEMENT While a set of regulatory guidelines are yet to be established in India to follow when transacting in cryptocurrencies, the advantages and benefits cannot be disputed. Over the last decade or so, the mindset of investors has been changing, with many leaning more towards adopting cryptocurrency as their primary source of investment to gain significant returns. The skyrocketing advancement in the world of blockchain technology and
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