Cryptocurrency SIP | Cryptocurrency Market Watch Tool | Recurring Buy Plan RBP Coinswitch Kuber | recurring crypto purchase

Cryptocurrency Market & Recurring Buy Plan

Cryptocurrency SIP or RBP. This tool will assist you in making the most of the cryptocurrency market without having to worry about timing.

Any crypto investor or spectator will agree that the cryptocurrency market’s volatility fluctuates throughout the year. Volatility, on the other hand, is a natural and evident aspect of market activity, and it is impossible to anticipate the crypto price trend without putting up some effort.

Any crypto investor or spectator will agree that the cryptocurrency market’s volatility fluctuates throughout the year. Volatility, on the other hand, is a natural and evident aspect of market activity, and it is impossible to anticipate the crypto price trend without putting up some effort.

cryptocurrency sip
cryptocurrency sip

When it comes to investing in crypto, most crypto traders use one of three forms of analysis: technical, fundamental, or sentimental. Although you may master one of them and make a fortune, the three should be utilized together. But, in today’s world, who has time to grasp and understand the crypto market’s factors? And it’s for this reason that CoinSwitch Kuber, an Indian crypto exchange platform, has made a step forward to assist investors in entering the crypto market without fear of volatility.

Today, we’ll talk about CoinSwitch’s Recurring Buy Plan (RBP), which is a great way to build wealth with a consistent, systematic approach.

CoinSwitch’s Recurring Buy Plan – A cryptocurrency SIP?

CoinSwitch has released a Recurring Buy Plan (RBP) investing platform that allows you to participate in the crypto market on a monthly basis, similar to a SIP. You don’t have to timing the market or make rash purchases, sells, or holds. RBP allows you to stay invested during market highs and lows, allowing you to profit over time.

What are the advantages of RBP?

1) You may simply combat market volatility by investing a predetermined amount of money every month in the asset of your choosing, rather than depositing a significant quantity of money in different intervals of time.

2) RBP’s systematic investing strategy makes you persistent, disciplined, and dependable, so you may build money steadily.

3) As previously said, RBP will spare you the time and effort of monitoring the market and worrying about potential losses. Simply by being a consistent and persistent investor, RBP’s methodical investment every month may allow you to sit on large earnings.

cryptocurrency rbp
cryptocurrency rbp

How is RBP beneficial to both new and experienced crypto investors?

If you’re a novice investor looking to get started in the crypto world, or if you’ve been investing for a while and want to play it safe, CoinSwitch’s RBP is something you should look into. The amazing thing about RBP is that it protects you from any market storm, which means you won’t make any decisions that will cost you a lot of money.

Related: How to Invest in Cryptocurrency in India

When should you use RBPs and when should you avoid them?

Possess a poor appetite for risk.

By determining the average buy price, which may still be lower than the final selling price, RBPs will protect you from the enormous risks associated with the crypto market. So, if you invest while the market is at its peak, you won’t have to worry.

Looking for a way to protect yourself against the effects of market volatility?

RBPs are immune to market volatility since they follow predetermined purchase cycles. Many traders and industry bigwigs have the ability to swing the crypto market with a single tweet or comment. RBPs ensure that the investor is protected against such actions.

Prepare to be exposed for a long time.

Due to recurrent investments made into certain crypto assets, RBPs tend to provide greater returns than short-term purchasing and selling. Short-term price changes or hasty decisions do not cause losses in the market while using RBPs.

Less to be concerned about

It’s difficult to keep track of crypto pricing. Technical, fundamental, and emotive study of crypto charts are all required. With RBPs, you may skip the lengthy brainstorming sessions and just pick the most promising asset and begin investing in crypto with a set monthly amount.

cryptocurrency market
cryptocurrency market

Related: How to invest in Bitcoin in India | Buy & Sell Bitcoin | Bitcoin Investment in India

You should have a limited corpus.

Your favorite crypto asset may be purchased for as little as $100 every month. This means you don’t have to put a large sum of money into it all at once. You don’t have to worry about the highs and lows with RBPs since they help you achieve the average purchasing price, which reduces volatility risk.

You should be aware of a few disadvantages of RBPs.

The RBP does not allow for quick crypto token purchase and trading. It’s possible that because it’s a systematic investment strategy, the funds will be blocked and day-to-day trading would be prohibited. They may also fail to alert you to significant market dips.

RBPs in crypto, on the other hand, are a more long-term trustworthy instrument. So, how long are you going to wait? Install CoinSwitch right now and place your first RBP!

Often Asked Questions

Q) Is it possible to set up a SIP in cryptocurrency?

Cryptocurrency exchanges have begun to offer the Systematic Investment Plan (SIP) as a way to invest in cryptocurrencies like bitcoin, ethereum, and others. As virtual digital currency have finally received legal status in our nation, the crypto business is gearing up to provide additional goods to investors.

Q) What is the SIP strategy in the crypto world?

SIPs (Systematic Investment Plans) are a popular approach to invest in mutual funds since they average the purchase price and lessen the impact of volatility. SIPs in cryptocurrencies are now possible through exchanges such as Bitbns, Unocoin, Vauld and Zebpay, Coinswitch Kuber, and others.

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