Home / PF / News / Investments / Planning to invest money? Don't enter cryptocoin trade for quick gains

Planning to invest money? Don't enter cryptocoin trade for quick gains

Invest for the long term via SIP, and limit allocation to 5-10% of the portfolio

Bindisha Sarang |Business Standard | Mumbai
Premium
Planning to invest money? Don't enter cryptocoin trade for quick gains

3 min read Last Updated : Dec 31 2020 | 12:37 AM IST
Follow Us

Listen to This Article

Bitcoin crossed the $28,000-mark on December 27. It has rewarded investors with a return of about 280 per cent over the past year. With the rally expected to continue, interest in cryptocurrencies has

Topics :Investment strategiescryptocurrency and blockchain technologyInvestorsInvestment

First Published: Dec 31 2020 | 12:37 AM IST

Also Read

Equity mutual funds sell bluechip financial firms aggressively in Nov

Investors can look at dynamic asset allocation funds: DSP Mutual Fund Prez

Mutual funds huddle to play Sebi's googly on multi-cap schemes

What is a passive fund and is it a safe investment option? Things to know

Decoded: How Sebi's 'risk-o-meter' grading of MF schemes helps investors

For high equity exposure, investors should select aggressive hybrid funds

Direct exposure to equities is fraught with risks for unseasoned investors

Consider well-diversified credit risk funds with limited exposure

Pulling out from equity funds: When is it okay and when it isn't?

What will a 'Yes' or 'No' vote mean for Franklin Templeton investors

Next Story