Bitcoin , Etherum ....so on..are the buzzwords in today's economy ..We here many rag to riches stories on how they have become millionaires in short time ..Now do we join the bandwagon ..is it the correct value of these coins and what lies ahead . Some short info on what do they mean and how it started Its a digital asset to work as a medium of exchange to secure transactions and create additional unit of currency . Bitcoin was the first currency in 2009 ..after that many were created which are also called altcoins . Their legal status still remains a question as it varies from country to country and in some countries its used as a barter system also . Retail investors have jumped in to the bubble ..hoping that they will be rich soon ..but a word of caution ..even i am not sure on how will it be going forward .. Some points to think be fore you invest . 1. Its not regulated ..i meant there is no regulatory system ..like we have central bank in each country which decide on t...
S&P currently trading 2532 as i write this post , Its being bullish for long with no signs of tiring off , global stocks overall are on a ride for the past 2-3 months and still going strong . Nifty touched 10000 mark before sliding down , I am still bullish India but needs a pullback to go long . I will be scanning specific stocks as well so that i stay invested in the short term . Macroeconomic indicators are not favorable in the current scenario , we need to watch for RBI delivers tomorrow. With demonetization and GST the economy is still not stabilized at the moment and may take some time to be on track Watching Sun Pharma at the moment to enter into a buy position Not doing anything on the Index as of now : into sidelines Gold is a good buy at the moment and i am going long at 1271 , if you have noticed commodities overall are firming up and they will give you good returns over the period of time Nothing on the currency markets , i am scanning through and I may take...
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