Dream Archives - TODAY INDIA

Has Cryptocurrency Become Every Indian’s Dream Investment?

Rich rewards often entail great risks, and the same is true with the highly volatile cryptocurrency market. The uncertainties in 2020 globally led to a heightened interest of masses and large institutional investors in trading cryptocurrencies, a new-age asset class. Increasing digitization, flexible regulatory framework, and supreme court lifting ban on banks dealing with crypto-based companies have parked investments of more than 10 million Indians in the last year. Several major global cryptocurrency exchanges are actively scouting the Indian crypto market, which has been showing a sustained surge in daily trading volume over the past year amid a big drop in prices as many investors looked at value buying. As the cryptocurrency frenzy continues, many new cryptocurrency exchanges have come up in the country that enables buying, selling, and trading by offering functionality through user-friendly applications. WazirX, India’s biggest cryptocurrency trading platform doubled its users from one million to two million between January and March 2021.

What’s Driving World’s Largest Crypto Exchanges to the Indian market?

In 2019, the world’s largest cryptocurrency exchange by trade volume, Binance acquired the Indian trade platform, WazirX. Another crypto start up, Coin DCX secured investment from Seychelles-based BitMEX and San-Francisco based-giant Coinbase. The crypto and blockchain start-ups in India have attracted investment of USD99.7 million by June 15, 2021, which totaled around USD95.4 million in 2020. In the last five years, global investment in the Indian crypto market has increased by a whopping 1487%.

Despite India’s unclear policy, global investors are making huge bets on the country’s digital coin ecosystem due to a variety of factors such as

• Tech-savvy Indian Population

The predominant population of 1.39 billion are young (median age between 28 and 29 years) and tech-savvy. While the older generation still prefers to invest in gold, real estate, patents, or equities, the newer ones are embracing the high-risk cryptocurrency exchanges as they are more adaptable to them. India ranks 11th on Chainalysis’s 2020 report listing for global adoption of crypto, which shows the excitement about crypto among the Indian population. Nor does the less-than-friendly attitude of the government towards crypto or rumors swirling around the crypto are able to shake the confidence of the youth population in the digital coin market.

India offers the cheapest internet in the world, where one gigabyte of mobile data costs around $0.26 while the global average is $8.53. So, almost half the billion users are taking advantage of affordable internet access, which enhances India’s potential to become one of the largest crypto economies in the world. According to SimilarWeb, the country is the second-largest source of web traffic to peer-to-peer bitcoin trading platform, Paxful. While the mainstream economy is still struggling from the “pandemic effect”, cryptocurrency is gaining momentum in the country as it provides the young generation a new and fast way of earning money.

It is safe to say that cryptocurrency might become Indian millennials what gold is for their parents!

• Rise of Fintech Start ups

The cryptocurrency craze led to the emergence of multiple trading platforms such as WazirX, CoinSwitch, CoinDCX, ZebPay, Unocoin, and many others. These cryptocurrency exchange platforms are highly secured, accessible across various platforms, and allow instant transactions, providing a friendly interface for crypto enthusiasts to buy, sell, or trade digital assets limitlessly. Many of these platforms accept INR for purchases and trading fees as low as 0.1% so simple, fast, and secure platforms present a lucrative opportunity for both first-time investors and local traders.

WazirX is one of the leading cryptocurrency exchange platforms with over 900,000 users that provides customers with peer-to-peer transaction capabilities. CoinSwitch Kuber provides the best cryptocurrency exchange platform for Indians and is ideal for beginners as well as daily doers. Unocoin is one of the oldest cryptocurrency exchange platforms in India that account for over a million traders through mobile applications. CoinDCX provides users with 100+ cryptocurrencies as an option to make exchanges and even provides investors with insurance to cover losses in case of a security breach. So, global investors are eyeing the plethora of cryptocurrency exchange platforms in India to take advantage of the emerging market.

• Mixed Government Response

The legislative bill regarding a ban against a virtual currency that would criminalize anyone engaged in possession, issuance, mining, trading, and transferring crypto assets might get enacted into law. However, Finance and Corporate Affair Minister Nirmala Sitharaman eased some investor’s concerns saying that the government has not planned to completely bar cryptocurrency use. In a statement given to a leading English newspaper, Deccan Herald, the Finance Minister said, “From our side, we are very clear that we are not shutting all options. We will allow certain windows for people to do experiments on the blockchain, bitcoins, or cryptocurrency.” It is evident that the government is still scrutinizing the national security risks posed by cryptocurrencies before deciding on putting a complete ban.

In March 2020, the Supreme court overturned the central bank’s decision to ban financial institutions from dealing in cryptocurrencies, which prompted investors to pile into the cryptocurrency market. Despite the lingering fear of ban, transaction volumes continued to swell, and user registration and money inflows at local crypto-exchange became 30-fold from a year ago. One of India’s oldest exchanges, Unocoin added 20,000 users in January and February of 2021. The total volume of Zebpay per day of Feb 2021 got equivalent to the volume generated in the whole month of Feb 2020. Addressing the cryptocurrency scenario in India, the Finance Minister said in a CNBC-TV18 interview, “I can only give you this clue that we are not closing our minds, we are looking at ways in which experiments can happen in the digital world and cryptocurrency.”

Rather than sitting on the side-lines, investors and stakeholders want to make the best of proliferating the digital coin ecosystem until the government introduces the ban on “private” cryptocurrency and announced sovereign digital currency.

Is India Heading Towards Financial Inclusivity with Cryptocurrency?

Once considered a “Boys club” due to predominant male population engagement in the cryptocurrency market, the steadily rising number of women investors and traders has led to more gender neutrality in the new and digital form of investment methods. Earlier, women used to stick to traditional investments but now they are becoming risk-takers and venturing into the crypto space in India. After the apex court clarified the legality of “virtual currency”, the Indian cryptocurrency platform, CoinSwitch witnessed an exponential 1000% increase in its women users. Although women investors still make up a small percentage of the crypto community, they are putting up fierce competition in the Indian market. Women tend to save a lot more than their male counterparts and more savings means more diversity in investments such as high-return assets like cryptocurrencies. Also, women are more analytical and better at evaluating risks before making the right investment choices, so they are more successful investors.

Increasing Mainstream Institutional Adoption of Cryptocurrencies

Uncertainty and panic aroused by SARS-Covid 19 led to a liquidity crisis even before the economic crisis set off. Many investors converted their holdings into cash to safeguard their finances, which resulted in the collapsed prices of bitcoin and altcoin. But even though crypto suffered a major crash, it still managed to be the best performing asset class of the year 2020. With the increased vulnerability of the system and loss of trust in the policies of the central bank and money in its current design, people have an increased appetite for digital currencies which resulted in the rebound of cryptocurrency. Due to the stellar performance of cryptocurrency in the middle of the global financial crisis, the uptrend has strengthened interest in the virtual currency market in Asia and the rest of the world.

Furthermore, to fuel society’s demand for convenient and reliable transaction solutions, digital payment gateways such as PayPal have also shown their support towards cryptocurrencies that can enable consumers to hold, buy, or sell with virtual assets. Recently, Tesla CEO Elon Musk made an announcement of investment in the cryptocurrency market worth USD1.5 billion, and that the electric company would accept bitcoin from buyers, which led to an international bitcoin price jump from USD40,000 to USD48,000 within two days. Two of the biggest platforms for making payments across the world, Visa and Mastercard are also endorsing cryptocurrencies by introducing them as a medium to make transactions. While Visa has already made the announcement of allowing transactions with stable coins on the Ethereum blockchain, Mastercard would begin transactions with crypto sometime in 2021.

What does the future hold for the Cryptocurrency market in India?

The Indian cryptocurrency market is not immune to the terrible crypto crashes. Despite humongous investment from global counterparts, local investors are still maintaining distance from crypto investments due to uncertainty about the legality of the digital coin ecosystem in India as well as the high volatility of the market. Although the cryptocurrency market is booming since last year, Indians own less than 1% of the world’s bitcoin, which creates a strategic disadvantage for the Indian economy. The Indian government is planning to appoint a new panel to study the possibility of regulating digital currencies in the country as well as focus on blockchain technology and propose it for technological enhancements.

The capability of blockchain technology to provide a safe and immutable infrastructure has been realized by various industries to instill transparency in transactions. For a country with over 15 million crypto adopters, the new recommendation from the committee could hold great value to determine the future of cryptocurrency in India. However, the stakeholders believe that the technical and economic power will make India a key player in the crypto and blockchain market. Gradually, the cryptocurrency is gaining mainstream acceptance, which could lead to higher adoption of digital currency.

According to another TechSci Research report on “India Cryptocurrency Market By Offering (Hardware & Software), By Process (Mining & Transaction), By Type (Bitcoin, Etgereum, Bitcoin Cash, Ripple, Dashcoin, Litecoin, Others), By End User (Banking, Real Estate, Stock Market & Virtual Currency), By Region, Forecast & Opportunities, 2026″, India cryptocurrency is anticipated to grow at a significant CAGR owing to increasing requirement for transparency and reduction in transaction costs. Additionally, rising adoption of digital currency and growing blockchain technology are fuelling India cryptocurrency market.

Tips to Write a Good CV for Your Dream Job

Introduction: Occasionally, you may find yourself wanting to apply for a job, but the question you should ask yourself is, does my CV provide all the required information? Probably your CV has been doing you a disservice because it is shallow and the only question ringing in your mind is ‘How to write a good CV?’ Well, worry no more as I take you step by step and giving you some tips that will add some spice to your CV. These tips will make potential employers impressed and they will take note of your CV. You should keep in mind that your CV is your first line of defense when it comes to employment, therefore, you should take ample time to write down your CV to perfection.

Attributes of a Good CV: Before I talk about how to use the correct format, it is important that you note your CV should be able to sell your strong attributes. Therefore, as you put down your information make sure you know your strengths and use them to your advantage. Some good pointers that indicate a good CV include:

Accuracy
Truthfulness
It should be concise

The Format and Layout: First of all, you start by writing your name. Below your name write your email address which should be professional, avoid nicknames. Note that an email address should not have capitalized letters. Once you are done with this step you can start entering your personal information. Such information will include:

Your ID number
Date of Birth
Nationality
Language(s)
Drivers’ license code

Next, step involves giving your CV an objective. This will enable a reader to Know exactly what you are looking for and if you are a good candidate for the position being advertised.

Once this is done you can then proceed to step number four. This is where you shall offer information on your educational background. It is Important that you indicate all your educational achievements. You will be required to fill in all the names of the institutions you have attended alongside with the years. Another important point to note is that, as you write down your educational background, write it in an ascending order. Start with the lowest to the highest.

For example:

Primary School
High school
University
Postgraduate studies

You could also note any other relevant information regarding your educational background.

In step five, you will give all the relevant information pertaining to your previous work experience. You will give the job title as well as the period you did a particular job. You should also offer information on what your roles were and the skills you are perfected at your previous job. You can also list a number of accomplishments you achieved at your previous workplace. Remember to also give the name of your previous employer and where the firm you worked for is located. It is the most important section of a good CV.

In step six, you can go ahead and illustrate that you are up to the task for the job being advertised. Demonstrate that you understand the job you have applied for and justify why you should get that job. You can talk about your leadership skills, computer skills as well as any information regarding community involvement. You can list any community projects you have been involved in.

In step seven, you can talk about your conference papers and presentation as well as any publications that you may have, However, it is of great importance that you distinguish any published work from your presentations and conference papers. This step only applies where it is necessary.

In step eight, talk about your interests. This step solely depends on your preferences. However, do not overdo it. Just give a few points.

In step nine, this being your final step, offer a list of three people at most that will act as your referees. Before naming anyone to make sure to get their consent to use them as your referees. Your referees will provide reference letters. These letters will accompany your application.

Conclusion: Once you have followed these vital steps and points you will be able to come up with a formidable CV. You will be able to eliminate common mistakes that tarnish your CV. You will finally be able to answer that ringing question in your mind on,’How to write a good CV?’ Remember to take your time, do not rush. If you rush the more mistakes you are prone to make.

You Need a Dream Team

During WW1 Henry Ford sued a Chicago newspaper for libeling him when they called him “an ignorant pacifist.” At the ensuing trial, the defense lawyers grilled with Mr. Ford with a line of questioning regarding general knowledge in an effort to prove to the jury that he was, as they said, ignorant.

Mr. Ford’s response, “If I should really want to answer the foolish question you have just asked, or any of the other questions you have been asking me, let me remind you that I have a row of electric push-buttons on my desk, and by pushing the right button, I can summon to my aid men who can answer any question I desire to ask concerning the business to which I am devoting most of my efforts. Now, will you kindly tell me, why I should clutter up my mind with general knowledge, for the purpose of being able to answer questions, when I have men around me who can supply any knowledge I require?”

The lawyers did not succeed in their intent to prove Mr. Ford an ignorant man. Every person in the court realized that it was the answer of a man of education.

This story, related in Napolean Hill’s Think and Grow Rich, brilliantly illustrates, “It was not essential that he have this knowledge in his own mind.” Rather he relied on the assistance of those who worked in his organization.

This is exactly why you should be building your dream team – starting with a professional virtual assistant. Think about it. You decided to take the entrepreneurial plunge because you were passionate about your vision of what you could offer the world. It may have been inspiring others to live abundantly through life coaching services or assisting your fellow entrepreneur in reaching their goals through business coaching. Most likely it was NOT doing administrative tasks, technical work, internet marketing or any of the other multitude of back-office business tasks that must be done in any business! (Unless of course, you ARE in a virtual assistant!) So, you need to be able “summon to your aid” a team who can answer your questions and supply the knowledge you require.

One of the questions I often get from the business and life coaches I consult with is how do I decide what to delegate to a virtual assistant? A great way to start is to put keep a pen and paper (okay, or your iPad) with you as you go through your day and every time you find yourself thinking ‘I don’t like doing this’ or ‘This is not my expertise’ or similar thought, write down what you are doing. The resulting list is what you need to delegate! That list could include:

– Scheduling appointments

– Responding to routine emails

– Creating opt in, sales and web pages

– Social Media Marketing

– Blog posting

– Newsletter creation and publication

– Content marketing

I’m sure you may come up with many more! The key is that you do not have to have all the “general knowledge” in your own mind when you have a dream team to assist. Mr. Ford had a row of electric push buttons. You have email, phone and internet to contact the right people to supply the knowledge and skills you need!

Create Your Own Top Home Based Business – Own the Home Based Internet Business You Dream About

Building a Top Home Based Business has never been easier! If you’re honestly looking to become a successful online business entrepreneur, take heed to my opening statement. There’s no hype, no half-truths, no lies, no misleading anything in that statement–simply fact! The Internet has become the place where people come for the majority of their daily needs, such as:

research projects
general directions and mapping
cooking recipes
investment advise
social interactions and networking
online shopping

And that list could go on and on and on…you know what I’m getting at right? That’s the point I’m trying to make, the Internet has become the global meeting place of the world.

Gettin’ Back to Building Your Online Business

Let’s get one thing clear so there are no gray areas–if I’m going out on a limb to say something is the top home based business it’s not going to be working for someone else doing menial computing tasks. No way! It’s going to be all about starting Your own successful home based Internet business and making Your business dreams come true. Your days of making someone else rich from the hard work you perform could be over starting today.

Building a top home based business is not easy and it’s certainly not for everybody. Nor is it a get-rich-quick solution by any means. It’s a real home based business that you own and operate. It’s all about you, your dreams and ambitions, and your commitment to building a top home business and succeeding as an online Internet business owner.

Do You Think You have What it Takes?

This business offering I’m speaking about has some of the most totally outrageous claims about business successes from all kinds of people from all over the world!

Guess what?

All the claims are made by the business owner’s themselves currently succeeding in their own top home based business. They’re proud of their accomplishments and happy to share their success stories for the inspiration of others. You can see and hear the pride in each of them as they discuss their online business success and how they were able to do it.

An All-in-One Home Based Business Package

They’ve thought of everything so you don’t have to. All you have to do is concentrate on doing what it is you love. All the complicated tools, technologies, processes, hosting services, storage requirements, email campaign generators, research tools, are all included and made as simple as worldly possible.

I mean they’ve even got ways for your future visitors and customers to create content to build your online business stronger and more successful with minimal effort from you. There’s no better way to go from Internet novice to successful online business entrepreneur in one incredible offering.

Make Money With an Online Businesses – The Entrepreneurs Dream

Making money online is the dream of many entrepreneurs. For those people who are tired of the 9 – 5 drag or for those who have lost their jobs in this tough economy, the dream of being able to consistently generate enough income from an online business is what keeps them getting out of bed day after day. Online businesses promise flexibility and the great opportunity to make money.

Making mistakes can cost you a lot of money and cause you to fail. There are a lot of people out there making a lot of money with an internet business working at home in their pajamas. The sad reality is that only about 5% of all people running an internet business are actually successful and are making money. This is a hard business to get into and succeed at. Mistakes can be very costly, especially if you go the PPC route. Mistakes are inevitable and beginners make a lot of mistakes which will almost always lead to failure. The problem is that we all make mistakes. It’s just the nature of the beast. Let’s go over some of the things that you need to watch out for.

There are thousands of programs available online to help the beginner. Most of them promise step by step instructions and great success if you only follow their methods for a low one time cost. I myself have purchased a lot of products over the years and most of them have failed to live up to the hype. I was usually able to get something out of each of them, but not the “complete system” that I was promised. Be wary of any systems that promise that you will “get rich quick”. Grab your wallet and run because they are scams at worst and not something that a beginner can effectively use at best. Anything that sounds too good to be true is too good to be true.

There are systems that you can use like CPA and PPC. These types of systems can be very profitable but are best avoided until you have made some sales and have some experience under your belt. They can be very costly if you don’t know how to do good keyword research and it can be financially devastating if you don’t have the money to spend. You could easily run up thousands of dollars in costs and not make a single penny.

There are a lot of multi-level marketing schemes out there. Basically you get a website on their domain and start selling products on it. This type of scheme benefits them and brings customers to them. You usually make very little or nothing. Avoid these types of things at all costs.

One popular and costly method that you will encounter is where you are convinced to shop and earn money. They promise great things and in the end all it ends up doing is costing you a lot of time and money. Avoid these types of things like the plague.

There are some good programs out there but they can be hard to find. If you get lucky and actually find a system that is easy to implement and works for you, then follow the directions and stick with it. Don’t try and reinvent the wheel when you have a proven system that works. In this business, there is a lot of money to be made but you have to work at it consistently to see a payoff.

When I was first getting into internet businesses, I started signing up for newsletters and free products and before long, I was completely overwhelmed. I was spending half of my day or more looking at new products, buying some of them and then never even looking at them again. I was completely overwhelmed!! It was awful. I finally had to unsubscribe from most of them, get a plan of action and follow it. I found that I just couldn’t look at the promotions because some of the sales letters were actually quiet good! I found myself getting sucked into reading these great sales letters and I was spending a lot of money buying products that I couldn’t use. Don’t let this happen to you.

Getting into an internet business can be a great way to make money. But it is hard work and is not easy to be successful at. I’ve only listed some of the most common pitfalls that you will encounter. Remember that without a clear, written plan, you will be wandering aimlessly down the cyber road and you will probably fail. Get a plan, stick to it and don’t let yourself get distracted by promises of the easy way to make millions!

CLICK HERE to check out a great book called “Internet Wealth”.

Small Home Business Ideas to Help You Live Your Dream

There are countless small home business ideas, probably more than you could ever imagine. The funny thing is that nearly anyone can make money from home if they could just come up with a profitable idea. This is the hardest part for most people. Here are some ideas for starting your own small home business.

For most people, the hardest part is figuring out how to come up with small home business ideas. Here is the easiest way to do it – just think of your hobbies, interests and passions. You can build a home business on nearly any topic. Millions of people make money from home, and you can too.

Here are some examples. Many peoples hobbies include cooking, photography, making crafts or jewelry, or playing video games. Just think of the opportunities here! A catering or photography business, selling your crafts or jewelry online, getting paid to test video games by the gaming companies. These are just a few of the thousands of small home business ideas that are out there for the taking.

Is online or computer work more to your liking? No problem. There are tons of different ways to make money online. Affiliate marketing is the most common and easy way to make a living at home on your computer. Bookkeeping, medical coding, secretarial work – you can see it goes on and on.

Some other ideas for a small home business that include using your computer may include online surveys, blogging, freelance writing and web design. If you truly want to work at home and have the motivation and drive, you can make it work. Perseverance is the key to success when starting a home based business.

There are even a few strange small home business ideas that you may never have thought of. Did you know that you can get paid to submit digital photos online? Home assembly work is another great opportunity, especially for people who are disabled and can’t work outside of the home.

Are you ready to learn more about how you can live your dream of working for yourself and set your own hours? To browse dozens of unique small home business ideas, visit the links below!