Here’s everything you need to know

Decades ago, when the first few revolutionaries invested in the stock market, there were more speculations and doubts than encouragement or even a fair understanding of how the industry or market works. Now, cryptocurrencies are seeing a similar trend. The world is inevitably divided into two groups – one that understands and cherishes cryptocurrencies for the decentralised future that they offer, and the others, who are unaware of the way they function & therefore are speculative. However, thanks to the internet and of course, a few key players in the crypto market, educating oneself about cryptocurrencies has become a lot easier.

A simple search would give you all the technical information you need to know about the works of cryptocurrencies, like the fact that a blockchain actually represents a literal blockchain of a series of transactions that is transcribed in a secure chain. However, there are still some questions— around reservations on investing in newer markets that appear volatile. The best way for new or hesitant investors to enter would be by hedging their returns and starting slow. Systematic Investment Plans have been helping people do just that. Thanks to the folks at Bitbns, it is now possible to systematically invest in cryptocurrencies – with BitDroplet.

What is Bitdroplet?

A systematic investment plan which allows you to invest in Bitcoins, Ethereum and more recently gold and silver, Bitdroplet offer ease and slow-paced entry into cryptocurrencies. With options of investing monthly, weekly or even daily, it has made it easier for investors to control how, where and when their money moves. A quick glance at the rate of returns shows the promising fruits that bitcoin investments can bear, and the option of anytime fund withdrawal adds a layer of trust to this transaction. Bitdroplet’s nominal charges of 0.25% in each transaction has further strengthened people’s trust and confidence in the company, and the returns that investors have witnessed speaks for itself.

Sukrit Dwivedi shares his story of 109% returns in 4 months!

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Sukrit Dwivedi is a Chartered Accountant by profession who has been keen on learning all that he possibly can about cryptocurrencies. A follower of crypto trading since 2017, Sukrit was initially reluctant about trading with Bitbns. But here’s how that changed. “I liked that you can communicate instantly with Bitbns for any issue you are facing and they do resolve it timely. They are also upgrading themselves by introducing more features and cryptos to their exchange, making it more exciting. One of the features they added was ‘Bitdroplet’. A more systematic way of investment into Bitcoin and Ethereum. It works on cost averaging principal. You can start SIP depending upon your goals. It minimises your risk of buying at higher prices.

Bitdroplet was the most rewarding investment I have ever made. My returns in just 4 months were 109% for Ethereum SIP and 76.57 % for Bitcoin SIP.”

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Habiba Pradhan has been invested in Bitbns since June 2019

Having stumbled upon Bitbns during personal research, Habiba Pradhan’s interest was tickled into the world of cryptocurrencies and Bitcoin in particular. She opened her account in June of 2019, with a nominal investment of Rs 2,500 and in just a few months she received a return of Rs 4,500. Here’s why she trusts the platform – “I am really impressed with Bitbns platform as this is a safe and convenient platform of investing. I did not feel fearful of investing as I received my money on time. Its service is really fast and safe. When you withdraw the money, you can get instant withdrawal in your bank account within a few minutes. I really appreciated about Bitbns team as they are really helpful and supportive.”

Kaushik has experienced the ups and downs of the crypto market and is here for it

An avid social media user, Kaushik stumbled upon cryptocurrencies by chance and was instantly intrigued. He not only researched about the avenues but also undertook internships and freelance opportunities that helped him understand cryptocurrencies while also creating a small corpus that he could invest.

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“All the money I earned from freelancing and mutual funds I invested in Bitdroplet. In the beginning, I started with 5$ per month that went well. I bought my share when the value was at its peak. However, when the pandemic hit India, there was a huge loss, but I made DCA. At that time, I was very new to the field, and I couldn’t digest the loss, but I didn’t lose hope. I continued to invest. As time went on, my account started running towards profit. My profit ratio (1:2) started to grow and started making money,” Kaushik said.

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The volatility in the crypto market is definitely high, but with a systematic investment option like Bitdroplet, this issue can be balanced carefully. In fact, this was the main motivation behind the development of a systematic investment plan for bitcoins. The smaller cap investments over a longer period tactfully counter the volatility of the market by averaging out the cost and ensuring better returns. Bitdroplet also offers real-time investment calculators that capture the returns you could have enjoyed, based on the fluctuations of rates in bitcoins. If you want to know more about investing in bitcoins and other cryptocurrencies,
click here.

Disclaimer: This above is non-editorial content and TIL hereby disclaims any and all warranties, express or implied, relating to the same. TIL does not guarantee, vouch for or necessarily endorse any of the above content nor is responsible for them in any manner whatsoever. The article does not constitute investment advice. Please take all steps necessary to ascertain that any information and content provided is correct, updated and verified.

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