Posts

Bitcoin - 7 Reasons Why You Should Not BUY

Bitcoin has delivered a spectacular return in recent times. Any investment in bitcoin purely based on returns is not a right investment strategy. The RISK associated with Bitcoin is also equally high. The first and foremost point is that Bitcoin is not authorized by any Govt agency in India including e-wallet to store the virtual currency like Bitcoin. There is no underlying asset or backing of any asset against a virtual currency. The movement is purely speculative therefore volatility is high. In past, there is a movement of 20% during intra-day in international markets. Personally, i can compromise on the returns compared to the capital protection. This video on virtual currency highlights the 7 reasons why an investor should not buy bitcoins. This option is suitable only for the people with very high risk appetite. The exchanges dealing in trading of Bitcoin are not authorized by any statutory or legal body in India. Therefore, a very HIGH RISK is involved.

Stock Market Career - Earn 1 Crore in a Year Without Any Investment

Stock Market Career is very lucrative as it is considered to be one of the easiest ways to make money. Unfortunately, it is not correct. Here, Stock Market Career does not mean trading. To be very honest with you, trading cannot be a career. The best career in the stock market is to provide the paid services and especially running the mentee or trader programs. It can be called a business also because it takes advantage of the greed and fear of the investors and traders in the stock market. One of the critical success factors for any business is to provide products and service that take care of the greed and fear of the consumers. These type of businesses can command a premium. Similarly, if you are running a mentee or trader program then the investor is willing to pay a heavy premium. A trader or mentee program of 2 days can command fees of up to 50,000. A career to provide mentorship can help you earn more than a crore every year provided you are a known name in this field. I...