There are always two sides to the crypto coin. One suggests that if the prices are sliding, you buy the dip because things will get better again. The other suggests cut your losses and get out. If you have been following the cryptocurrency markets off late, you’d have noticed what can only be described as carnage. Bitcoin and cryptocurrency prices have been fallen significantly, partly spooked by what Elon Musk keeps tweeting and China’s new guidelines that bar financial institutions and payment companies from trading in cryptocurrencies—while individuals aren’t within the purview of these new rules. In the midst of all this, memes galore on social media. Nevertheless, serious investors or those with some ability to absorb risks will be looking at this as a blip on the horizon that would likely see crypto prices spike again. And there are apps that let you invest easily.
If you want to take the plunge and invest in cryptocurrencies including Bitcoin, Ethereum, Litecoin, Cardano, Dogecoin, Shiba Inu and Polygon, in India you have apps that allow you to trade very easily in cryptocurrencies. Mind you, we are absolutely not giving any investment advice. The popular apps are CoinSwitch Kuber, CoinDCX, ZebPay and WazirX. CoinDCX specifically has two apps, the second being a simpler one for starters called CoinDCX Go which lists select crypto coins for investing in. These apps are available for Android phones as well as the Apple iPhone, the latter two platforms also let…
