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Showing posts from December, 2017

Strategy of Investment

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Cryptocurrency ////////////////////\\\\\\\\\\\\\\\\\\\\ Strategy of Investment Vivek Nair | Risk Management | 30 th Nov 2017 Thought There is an old saying, “Do not keep all your eggs in the same basket”. Diversification is the key. It is the same strategy followed in the traditional logic from Mutual fund investments. −        Just like there are Big Cap, Mid Cap and Small Cap for Mutual funds, we can also categorize Market Capitalization of Cryptocurrencies into Big, Mid and Small. −        Keep this in mind while investing will help us plan better. −        There is no guarantee that a particular cryptocurrency will be successful. −        Also the returns on Investment is different from different Cryptocurrencies 60-20-20 Rule Only the Bitcoin (BTC) is considered the Big Cap (Big Market Capitalization). So, 60% of the invest...

Understanding the Logic Behind Bitcoin’s Private Key and Public Key

Bitcoin operates on cryptographic principles that enable secure transactions without relying on a central authority. At the core of this system are two essential components: the Private Key and the Public Key . To understand their roles, let’s break down their logic using a relatable analogy of locks and keys. What Are the Private Key and Public Key? Private Key (The Key): This is a randomly generated secret number that acts as the master key to access and control your Bitcoin. It is your most guarded possession, as anyone with your private key can spend or transfer your Bitcoin. Public Key (The Lock): Derived from the private key through complex mathematical calculations, the public key is used to create your Bitcoin address. It functions like a lock —something you can share with others so they can "lock" Bitcoin in your address. How Do These Keys Work Together? Receiving Bitcoin: To receive funds, you provide your Public Key (or Bitcoin address, which is derived from it)...

How Indians Can Take Advantage of International Crypto Exchanges

Cryptocurrency trading offers Indians unique opportunities to profit from the global markets. By leveraging international exchanges, you can explore better trading options, liquidity, and strategies that local platforms may not provide. Here’s a refined guide to successfully trade Bitcoin (BTC) with minimal downtime and maximize your gains. Step-by-Step Strategy for Trading BTC Internationally 1. Buy Bitcoin (BTC) on an Indian Exchange Start by purchasing BTC on a trusted Indian exchange like Koinex , WazirX , or CoinDCX . This transaction will be in Indian Rupees (INR). 2. Transfer BTC to an International Exchange After buying BTC, transfer your holdings to a well-known international exchange like Bittrex , Kraken , or Binance . These platforms offer greater liquidity, a wide range of trading pairs, and advanced trading tools. Key Trading Mindset: Think in BTC, Not INR Once your funds are on an international exchange, it’s essential to shift your mindset: Do not track your profits in...