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Cryptocurrency and Blockchain technologies are undeniably disrupting the technology landscape. Everyone is talking about leveraging blockchain and changing the course of their industry, from small businesses to giant multinationals, grocery stores to financial institutions.
Cryptocurrencies that were once thought to be evil and only associated with the dark web have captured the attention of almost everyone following the rise in Bitcoin prices last year. Everyone is now betting big on the success of the currencies as well as the underlying blockchain technology.
1. Indian Share Market
India today is brimming with potential, fuelled by millions of dreams, hopes, and aspirations. At Share Market, it is driven by the same ambition that propels India forward and elevates it to a more prominent position on the global stage.
By creating investment opportunities, enabling access, and empowering our stakeholders, Share Markets hope to catalyze India’s growth story. To have an impact across the investment ecosystem, it works harder, smarter, and faster. In a world that is changing by the second, we must constantly reinvent ourselves in order to redefine the future.
Our ambition steers us in the right direction. It pivots and propels us forward. It is the step we take from today to a better tomorrow.
2. Share Market Price History
The year 2020-21 was a whirlwind, but stock markets rose more than 80% from the lows in March 2020 to the end of FY21. Despite a pandemic, the upward momentum has come as a relief to some and a surprise to many, given the problems at the bottom of the pyramid.
Markets, on the other hand, made money for everyone who was invested prior to the pandemic. Fundamentally strong, risky, and cyclical – all themes have played out at some point in the last year, but fears of a second wave are now real, and with interest rates already at rock bottom, investors should look for stocks that are more resilient and can withstand difficult times if things start to get worse.
The emphasis should be on the stock selection of companies with efficient leverage, higher operating and free cash flows, a strong cash conversion cycle, and a solid track record of ROEs and Roces. Secular stocks are long-term investments, whereas cyclical stocks can be held for 1 to 3 years.
3. Indian Cryptocurrency Market
Until now, the INR was referred to and perceived as the national economy’s reserve currency; however, with the rise in the use of cryptocurrencies, this trend may be changing. The INR is at the heart of the national financial web.
The rise of cryptocurrencies is both challenging and disrupting this centralization and authority of the INR. With the introduction of the most popular cryptocurrency, Bitcoin, and approximately 1,000 other cryptocurrencies, financial transactions are becoming increasingly decentralized.
It appears that cryptocurrency is on its way to becoming more widely accepted. While there may be some changes and bumps along the way, cryptocurrencies and blockchain technology are likely to grow in popularity.
Major investment banks such as Goldman Sachs and JP Morgan are paying attention to it and supporting it. It’s not just some wacky internet meme for nerds. It’s a risky investment opportunity that’s gaining traction and attention around the world.
4. Cryptocurrency Market Price History
The total market capitalization of cryptocurrencies increased by around 300 percent in 2021, as digital coins became more popular as an investment tool. This was even higher than the market cap attained in 2017, which was, for many consumers, the breakout year for Bitcoin and its peers.
Bitcoin’s market capitalization accounted for the vast majority of total market capitalization. Bitcoin’s price has been volatile, and most other cryptocurrencies have followed its larger price swings.
This volatility attracts investors who hope to profit by buying at a low price and selling at a high price. However, this has little impact on price stability. As a result, only a few businesses accept cryptocurrency payments.
5. Comparison
Blockchain and cryptocurrency are all poised to disrupt the share market right now. While this is a lofty goal, it is not too far from reality. The fact that cryptocurrencies closely resembled the behavior of the traditional financial market astounded analysts and researchers.
The question of how the traditional finance market affects cryptocurrencies and vice versa arose at that point. Another question that arises as a result of this is how much correlation exists between these two markets.
6. Conclusion
Trading in the cryptocurrency market serves the same purpose for some people as trading in the traditional stock market. Profit, ownership, and motivation are the three simple reasons why people have been investing in the stock market for centuries, and the cryptocurrency market fulfills all of these requirements as well.
Cryptocurrencies allow investors who want to go global to do so easily. While investing in stocks outside of your home country is a time-consuming process, the alternative, crypto-trading, may be advantageous for truly global investors.
Initial Coin Offerings have gradually replaced Initial Public Offerings. Investing in companies that launch ICOs is so simple that it may soon be preferred over traditional methods by almost all investors.
It has been easy to dismiss cryptocurrencies in their entirety up until now, but that is about to change. The world will witness the continued existence of cryptocurrencies as alternative means of investing, or possibly as the primary means of making investments.
Cryptocurrencies are poised to have a significant impact on the real financial market!
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