Due to the borderless nature of blockchain technology,  Stewart Crown Crypto offers its services globally! Through virtual conferencing and screen sharing My Crypto Advisor can provide walkthroughs and demonstrations to any location in the world.

Stewart Crown Crypto offers a free 30 Minute MasterClass Session over the phone or video conference to identify the services you require, determine if our consulting services fit your needs, and strategize for a second session.

Most people don’t understand how the internet works, but still use the technology daily. Blockchain is referred to as Web 3 which represents the third generation of the internet. In the next few decades, blockchain will revolutionize all of finance and enterprise; governments, institutions, and companies are getting involved in the crypto business. Stewart Crown Crypto will simplify complex concepts and walk you through the basics you need to invest.

An economics Professor at Yale University published a research paper in 2018 suggesting that regardless of opinion, Bitcoin should comprise a minimum of 1% of your portfolio for diversification purposes. As with any nascent industry, there is a degree of volatility due to small market capitalization. Stewart Crown Crypto recommends not investing anything you don’t want to lose. If cryptocurrency is not your forte, then let us assist you with buying Stablecoins – digital assets tied to the value of fiat currencies.

Stewart Crown Crypto is not a licensed financial advisor or brokerage. We offer individual and group consultations to teach people how to invest in the cryptocurrency space. You are the sole owner of your funds – let Stewart Crown teach you how to “become your own bank”.

Let’s look at a national currency like the rupee. It can be deposited in your name at a bank, or privately stuffed into a mattress at home far away from anyone’s eyes. Similarly, a cryptocurrency can be held on your behalf by a company, usually in your wallet at a crypto exchange online. You could also hold it in without being affiliated to anybody, in a private cryptocurrency wallet.

There are three things to be aware of when one is ready to take profits on investment. Like all business, trading in crypto has additional expenses to keep in mind. First of all, exchange transaction fees that apply to all actions between infusing cash and exiting investments at a profit. Secondly, unexpected movements in price could mean holding onto crypto for longer than initially expected. Thirdly, taxes that fall due at the end of the year. Depending on income tax bracket, people may have differing minimum profit targets. Frequently forgotten until the end of the financial year, keeping this factor in mind could help one enjoy their gains in moderation.

Fundamentally, a seller sells their currency to gain cash and a buyer buys expecting to hold the currency until its value increases in dollar/rupee terms. In mid-August 2021, the total market value of all cryptocurrency exceeded $2 trillion, with Bitcoin alone making up 44% of that. As the graph above shows, a currency can start small and reach very high – but with a number of bumps along the way. People with a lot of faith in the future of cryptocurrencies subscribe to a ‘HODL’ mindset, meaning ‘hold on for dear life’ to the roller-coaster they expect to ride. They buy and do not intend to sell anytime soon, even claiming that the value of one Bitcoin could rise from $50,000 today to $288,000 in a few years. Others choose the day trading route – buy a currency, target a profit percentage as low as 2% and sell as soon as that target is reached – sometimes within hours.

The first question one may have to address is which currency to buy. The biggest one, Bitcoin, would be a good starting point to begin investing right away. One could later branch into other coins and tokens as per observations/confidence. As with stocks, researching the cryptocurrency of choice is always helpful. The second question is adopting a safe trading method. To begin with, a simple ‘buy and hold’ may be preferable. Long term investors could carry over the ‘rupee cost averaging’ (RCA) low-risk strategy from the stock market. An example of RCA would be setting a budget of ₹1000 a month, and buying crypto for exactly that much regularly each month, regardless of price dips or peaks. After gaining confidence, many more strategies could be used. The third question would be choosing a crypto exchange. Picking a well-known exchange backed by big names internationally, one that is likely to still be growing 2-3 years later could allow peace of mind that one’s investment is safe. CoinDCX and WazirX are both good starting points for Indian investors. After gaining confidence, one could consider comparing exchanges on factors such as currency pairs offered, transaction costs, ease of transaction, security, leverage availability, futures, NFT purchases, earnings from DeFi lending, and so on.

For beginners in the crypto market, experts advise investing only as much money as you’re willing to lose. The reason is, crypto trading marries the ‘irrational exuberance potential’ of a conventional stock market to the regulatory uncertainty of crypto. Also, hackers have shown that anything financially valuable on the internet is a juicy target. However, crypto exchanges that hold user wallets try to stay safe by employing armies of security experts and paying ‘bug bounties’ to external consultants who identify vulnerabilities.