• 3 months ago
Cryptocurrency kya hai I Bitcoing kYa hai I How and why you should invest12,868 views Premiered Jun 15, 2024 #ForexProfit #TradingPsychology #ForexTradingStrategy
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Transcript
00:00So guys, Cryptocurrency Decoded. Welcome to the new video.
00:03Hello everyone. Today we are going to talk about what is Cryptocurrency?
00:07How to trade? Everything from basic to advanced.
00:10So keep subscribing. I am making this video for you.
00:14Before investing in Cryptocurrency, let's know what is Cryptocurrency?
00:18Cryptocurrency is basically a digital currency.
00:20It is similar to the way we do transactions on the internet like UPI.
00:24But it is decentralized. No bank can control it.
00:27UPI has a limit of 1 lakh, but it doesn't have it.
00:30There is no bank or government here.
00:33How do we maintain it? We maintain it through blockchain.
00:36It is decentralized.
00:38How is blockchain maintained? It is basically a digital ledger.
00:41It records your transactions in a block.
00:44After that, it joins it. So it is like a blockchain.
00:48Now let's talk about Bitcoin.
00:50So come to the screen. Let's talk about Bitcoin.
00:54I will explain Bitcoin to you. Everything from basic to advanced.
00:56When we talk about Cryptocurrency, we can't talk about Bitcoin.
01:01Why is Bitcoin so famous?
01:03The first coin in Cryptocurrency is Bitcoin.
01:06The biggest thing is that it has a limited supply.
01:09More than 21 million Bitcoins can't be circulated.
01:13If the government needs it in the future, the Indian government will print the money.
01:19But here it can't happen.
01:21It can't happen with Bitcoin because it can't come in the market more than 21 million.
01:26Its asset supply is also limited.
01:28And it increases from time to time.
01:30You can pay anyone in Bitcoin all over the world.
01:33Like in India, banks are closed.
01:35It doesn't work like that. It works 24x7.
01:37Many people must have heard about Bitcoin.
01:39But why is Bitcoin so famous?
01:41Let me tell you. It is a digital currency.
01:44A virtual form of money.
01:46Just like we keep money in a wallet, Bitcoin is kept in a digital wallet.
01:50If we compare it, you will get more clarity.
01:55Let's compare 50-50 between gold and Bitcoin.
01:57Let's talk about investment.
01:59When we talk about investment, we should also see the asset class.
02:02Which has more returns and which doesn't.
02:04We will compare Bitcoin with gold.
02:06Gold has been a valuable asset for centuries.
02:08People store it, hedge it, use it like inflation to avoid inflation.
02:14But then comes Bitcoin.
02:16Digital gold, Bitcoin.
02:18All these things are such that you can store it in a digital form.
02:22And you don't have to carry it.
02:24If you take gold officially, you will carry it.
02:26It's not like that. You can put it in a digital wallet and leave it.
02:28Plus, Bitcoin's supply is fixed.
02:30If I talk about whether it can be made more or not.
02:34Gold can be mined and taken out.
02:36If the supply of gold increases, the rate will decrease.
02:39Now let's talk about inflation.
02:41What is volatility in this?
02:43There is a difference of 0.26% between Nifty and Bitcoin.
02:47I will also show you the returns of 10 years.
02:49If I see the return of Nifty for 10 years, it is around 285%.
02:54If we look at the return of gold, it is around 182%.
02:58But if we look at the return of Bitcoin from 2014,
03:01if you look at the return of 10 years,
03:03it is around 26,000%.
03:06And friends, do you know what is the big advantage of this?
03:09If you trade in Bitcoin and all this,
03:11then I will tell you a very big advantage of this.
03:15Accessibility and inclusiveness.
03:17Anyone can access Bitcoin from anywhere.
03:21There should only be an internet connection.
03:23We don't need any third-party approval.
03:26You can control it yourself.
03:28Recently, Bitcoin has crossed its all-time high of $70,000 for the second time.
03:34And big institutions like MicroStrategy and Tesla also invest in it.
03:39You must have heard about Elon Musk.
03:41And there is a simple way to store it.
03:43Put it in your digital wallet.
03:45Inflation is beating it.
03:47And the percentage gain is higher compared to Nifty, Bank Nifty and any other index.
03:51So you can also start investing in cryptocurrency.
03:55So guys, I will tell you a platform called Mudrex,
03:58which has been my personal platform.
04:00It has been my favorite platform.
04:01So I will record this screen for you.
04:03And I will tell you the whole login procedure.
04:05So as soon as you come to this,
04:07you will have to log in first.
04:09I will put my number here.
04:11For safety and privacy purposes,
04:13I am hiding this number.
04:15And here it is.
04:17Now as soon as I click on the continue button,
04:19you will see that OTP will ask for me.
04:23Now why is it asking for OTP?
04:25Because I have to verify that this is the right platform.
04:27And I am the right user.
04:29I am not a fake user.
04:31So it will take OTP from my number.
04:33And I have to put OTP here.
04:35And this platform is such that
04:37you will get more than 1 million investors here.
04:39And there are more than 350 coins.
04:41There are coin sets features.
04:43There are a lot of features.
04:45So I will log in and show you everything.
04:48See, I have logged in.
04:50Logged in successfully.
04:52After logging in successfully,
04:54I can invest in zero investment fees.
04:56As I told you.
04:58And after this,
05:00you can see the coin sets feature at the bottom.
05:02You can see it on the screen.
05:04Coin sets is such a feature
05:06where you get the option
05:08to diversify your portfolio
05:10and invest in index funds, crypto,
05:12and you can make a basket of crypto.
05:14You can invest in multiple places.
05:16For example, I want to invest in the meme basket.
05:18So you can directly invest in the meme coin basket.
05:20And here you can select
05:22whether you want to do one time or recurring.
05:24When you invest here,
05:26you also get insights.
05:28If I do it below,
05:30you will get all the insights.
05:32How much is the popularity,
05:34how much is the dominance,
05:36how much is the distribution of the market,
05:38what is the large cap, small cap, mid cap.
05:40After that, you will see
05:42how many coins are in this basket.
05:45Fees is 0, redemption is 0.
05:47You will see everything here.
05:49After that, the stocks or cryptos in the basket
05:51or whatever assets you have,
05:53if you see that there is a news
05:55then you will also see that.
05:57So this is all the feature.
05:59There is an invest button below.
06:01You can directly select which basket you want
06:03by going to the coin set.
06:05So here you will go to the coin set.
06:07There are a lot of coin sets.
06:09Coin sets means a set of a lot of coins.
06:11Here you will go,
06:13and you will just click on invest.
06:15And you will ask one time,
06:17like I invest in Bitcoin one time.
06:19Now it will ask if you can invest up to 25 lakhs.
06:21So let's say I invest 100 rupees.
06:23I confirm the investment.
06:25And you will see that it has been invested.
06:27You can see it on the side screen.
06:29And I have also seen
06:31that it has been invested.
06:33And friends, you can easily deposit on Mudrex.
06:35Like I show you on the screen.
06:37You clicked on the add fund.
06:39Whatever fund you want to add, put the number.
06:42You will get all the options on the screen.
06:46And friends, Mudrex has 350 plus tokens.
06:48In which you can easily invest.
06:50This has the feature of Mudrex Insights.
06:52Which gives you fundamental, technical,
06:54and sentimental analysis.
06:56You can easily decide
06:58in which coin you want to trade.
07:00If you want to know about this feature in detail,
07:02then tell us in the comment section.
07:04And with this, friends,
07:06if you open your account on Mudrex,
07:08then you will also get 25% bonus.
07:10With the minimum deposit of 2000 INR.
07:14So wait, the link is in the description.
07:16Keep commenting.
07:18See you in the next video.

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