What is portfolio rebalancing, and how to do it through our partner Passiv?

In this article, we’ll cover what is rebalancing and how you can easily do it using Passiv.

What Is Rebalancing?

Rebalancing is a common investing strategy used by many investors to manage risk. To manage risk, investors spread the amount of money they plan to invest across a variety of assets. This is known as diversification and, in order to rebalance, you must first have an idea of what your asset mix or allocation should be. Once you’ve determined your ideal asset allocation, you’ll want to make sure that your portfolio maintains your allocation by buying and selling assets as the market moves.

For example, you might decide that your ideal asset mix is 50% Bitcoin, 30% Ethereum and 20% Tether. However, some time passes and your portfolio’s asset mix is no longer at that 50/30/20 ratio and that Ethereum now makes up 50% of your portfolio, as opposed to your intended 30% target. To bring your portfolio back in line with your original target, you have to sell some of your Ethereum and buy some Bitcoin and Tether.

By not rebalancing, you can find yourself in a situation where you are bearing too much (or little) risk than what you’re comfortable with.

When it comes to rebalancing, some investors prefer to purchase the underweight assets in their portfolio, as opposed to selling the top-performing ones to purchase those that are underperforming. This is because these investors believe that those assets that are currently performing will continue to perform and so they’d like to maximize their profits. So they use new cash to purchase the underweight assets and bring their portfolio back in line.

Regardless of your rebalancing strategy, Unocoin has partnered with Passiv to make it easier for their clients to manage and rebalance their crypto assets.

What is Passiv?

Passiv is a portfolio management tool that makes it easy to maintain a balanced portfolio. Users can build a model portfolio allocation and Passiv does all the work to help you maintain it. By default, Passiv will display trades that will help you to bring your portfolio back in line by purchasing the underweight assets in your portfolio. If you’d like to sell your overweight assets to purchase underweight ones, you can adjust the settings to do this. With Passiv, you have more flexibility and control.

The best part is, Passiv supports both traditional and cryptocurrency assets so you can manage your entire portfolio in one convenient place.

With Passiv, you can

  • Set a target allocation for each asset in your portfolio
  • Create asset classes and set a target allocation for each of them*
  • Allocate cash and rebalance your portfolio in one-click*
  • Exclude assets from your target portfolio
  • Get notified whenever your portfolio drifts

*Available to Passiv Elite subscribers only.

As part of the integration, we’re giving you access to Passiv’s Elite tier for free for one year. Simply click here, sign up, and upgrade to Elite via the settings page.

Balancing your crypto portfolio just got easier

We’re happy to announce that Passiv has integrated with Unocoin to make portfolio rebalancing easier.

 

With Passiv, you can:

  • Set a target allocation for each coin in your portfolio
  • Allocate cash and rebalance your portfolio in one-click*
  • Exclude coins from your target portfolio
  • Get notified whenever your portfolio drifts

*Available to Passiv Elite subscribers only.

By default, Passiv will display the trades that are needed to keep your portfolio balanced by purchasing the underweight assets in your portfolio.  You can alter Passiv’s rebalancing engine to support other use cases such as dollar-cost averaging and enable selling for a full rebalance. 

As part of the integration, we’re giving you access to Passiv’s Elite tier for free for one year. Simply click on the link below, sign up and upgrade to Elite via the settings page. Give it a try!

Why is now the perfect opportunity to enter the market?

Why did the bitcoin value drop drastically this past week?

Seamless INR deposit to buy crypto on Unocoin.

If you are on the internet, chances are you have heard of bitcoin, cryptocurrency and dogecoin — the popular meme coin. And we are sure you have heard about them a lot more this month. Bitcoin and other cryptocurrencies have been trending every alternative day on Twitter since the beginning of 2021. Some people have joined the millionaires club (if not the billionaires’ club), in less than 45 days by intelligently investing in crypto coins.

The rise and rise of cryptocurrency have attracted many people, including notable personalities like Elon Musk who once wrote ‘In retrospect, it was inevitable.’ Bitcoin, in recent times, has proved to be the best store of value and has stood the test of time since the last decade.

Yet, there ought to be certain corrections along the way. Since the past two weeks, the crypto market has seen a huge wreck — throwing investors into chaos and, especially the fresh investors who are seeing this type of plunge for the first time. Some fear that the crypto bull market has come to an end like in 2017. However, on the other hand, the expert and the true crypto maximalist are making wise decisions and taking advantage.

Bitcoin price value.

From May 13 to May 23, 2021, bitcoin plunged more than 40%, ether more than 50%, and other cryptocurrencies followed suit. Two reasons caused this plunge:

1. Elon Musk and Tesla:

Elon Musk, the chief behind Tesla and SpaceX made a U-turn saying that Tesla has suspended vehicle purchases using bitcoin, citing the increasing use of fossil fuels for bitcoin mining. Early Ark Invest and Square had published that 76% of bitcoin mining energy comes from renewable energy sources. Nevertheless, an elite billionaire like Elon with his 45 million Twitter followers had a huge influence on the market. His influence is also seen in how he drove the price of Doge to a crazy ride.

2. FUD upon China’s report on banning Institution that deals with Cryptos:

On 19th May 2021, there was a report from China that the country is banning financial institutions and payment companies from providing any cryptocurrency-related services. Earlier, the People’s Bank of China stated that “virtual currencies are not supported by any real value”. Though they did not issue any statement regarding the ban on individuals for holding cryptocurrencies, with the massive population of the country, a sizable crypto market share, and the majority of the bitcoin mining centres operating in China, it did, hugely, affect the entire crypto market.

Kindly recall, China also released a similar statement back in 2017.

Despite the chaos going around in the crypto market, intelligent investors have already understood the true power of crypto and the monetary financial problem it has solved.

Crypto gives you three fundamental banking freedoms:

Freedom to send money from any part of the world,

Freedom to receive money from any part of the world,

Freedom to store value without worrying about inflation

Truly decentralized bitcoin is bringing the greatest wealth distribution in history, allowing anyone, anywhere around the world to participate in the world economy. At a time like today, the crypto maximalists who believe in its future are taking the opportunity to accumulate more of it. Corporations like MicroStrategy and hedge funds are buying the dip.

This is why you should buy the dip, as the market is offering you the best opportunity which you might not get again. Remember you are not delayed to buy bitcoin. You are still an early adopter if you buy today. To make it easier for you, Unocoin, India’s first and leading bitcoin and crypto exchange offers the most secure crypto wallet and also has instant and seamless INR deposit to buy Crypto.

Jab Unocoin de aapko #SeamlessDeposit toh #DepositKaro

If you are now eager to buy crypto and be ahead in the race, you can click on the link below to read the article about the steps that you need to take to acquire cryptocurrencies.

Unocoin is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can buy and sell bitcoin instantly using the Instant Buy and Sell feature. Not just this, you can also buy ETH and Sell ETH in no time. With more than eighty-seven coins listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your friends from any location. You can also know which cryptocurrency works best for you with the price ticker and notifications. The most popular cryptocurrencies like Bitcoin (BTC), Ether (ETH), USDT (Tether), BNB, Ripple (XRP), Cardano (ADA), Solana (SOL), Binance USD (BUSD), Dogecoin (DOGE), Polkadot (DOT) and other popular altcoins can be traded on the go. The new Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the Systematic Buying Plan, you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using SBP for as little as INR 10. With another exciting feature called Crypto Basket, you can diversify your crypto portfolio based on market capitalisation (Market Cap) or Volume. These two excellent features make Unocoin the best cryptocurrency platform.

Love Crypto Coins. Love Unocoin.

Please find the list of authentic Unocoin accounts for all your queries below:

Disclaimer:

Crypto products are unregulated as of this date in India. They could be highly volatile. At Unocoin, we understand that there is a need to protect consumer interests as this form of trading and investment has risks that consumers may not be aware of. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research).

https://blog.unocoin.com/how-to-buy-bitcoin-in-india-8365561785f1

NOTE: This is not financial advice, please do your own research before investing.

Four Fundamental Economic Problems Bitcoin solves

If you are a true believer in bitcoin, don’t listen to Elon Musk. Bitcoin is bigger than Elon or Tesla.

Four Fundamentals Economic Problems Bitcoin solves

On May 13th 2021, Elon Musk, the chief behind Tesla and SpaceX made a U-turn about bitcoin. He tweeted a post saying that Tesla has suspended the purchase of vehicle using Bitcoin, referring to the increasing use of fossil fuels for bitcoin mining. As a result, the price of BTC was down by 17% in less than three hours. A public figure like Elon Musk has a huge influence, considering

  1. the engineering challenges he has achieved so far in the making of Tesla and SpaceX
  2. he gives rise to memes and

3. he plays around with his nearly 55 million Twitter followers. We can also see how he is fiddling around with Dogecoin — a meme coin with no significant utility yet.

Nevertheless, if you are a true believer in bitcoin which is based on a decentralised and trustless network, you don’t have to care what influencers like Elon Musk are saying or twitting. Instead, focus on the core principle bitcoin has offered to us. Never in history has any technology given you so much power and freedom. People like Elon have nothing to do with altering the philosophy behind bitcoin. It is a decentralized virtual currency, which is not controlled by any government or corporation. At a time like this, you need to reflect on the core theory of bitcoin — being trustless, decentralized, scarce. Bitcoin’s blockchain technology is the best hedge against the corrupted monetary institution which has an infinite fiat money supply.

As we need to truly focus on the core value of bitcoin, let’s remind ourselves of the four fundamental economic problems bitcoin has solved.

  1. The economic value that is traded globally and freely

For the first time in human history, anybody can trade values globally and freely, without the interference of the government or regulatory agencies. When Satoshi Nakamoto created bitcoin, one of the core philosophies was to give freedom to anybody in the world to trade values peer-to-peer with anyone they wanted to do with. While in the traditional financial system, transferring values cost a huge sum of remittance in transaction fees and foreign exchange cost, with the bitcoin blockchain, every user has a digital wallet with public and private keys. Anyone can freely transact globally using the public keys. Today there are more than one million active bitcoin addresses. In a centralized finance institution like PayPal, every time a person sends money overseas, he/she exposes his/her identity, meaning, there is no censorship. This may not be a problem for everybody, but for people who don’t want their identity to be exposed every time they perform a transaction for whatsoever reason, it undermines their freedom and self-sovereign. With bitcoin, a person need not reveal his/her identity, or name or IP address. With the bitcoin public key, all this information will be censored. Anybody can send the values even being offline. This transfer of value can happen with anyone and anywhere. As of 2021, nearly 10 trillion values have been settled on the bitcoin blockchain.

Active bitcoin addresses.

2. The economic value that is fully protected and owned wholly.

In traditional financial institutions, once a person deposits his/her money, the bank can use the money for whatever purpose they want, and technically, it is no longer to the person, though he/she has the legal right to withdraw his/her money anytime. The person’s money in the bank is just the number that the centralized institution can manipulate if they wish. The same thing applies to nonfungible assets like a house or land. If a person did anything against the government, the government can seize the property anytime they wish and the legal system including the local authority enforce and define the ownership status. Here is the thing, under all these systems, a person doesn’t wholly own what they legally own. Their ownership status is always defined and enforced by the authority and legal system. In the case of bitcoin, a person’s private key defines their ownership. Every user has a unique private key. This private key can be stored anywhere, be it cold storage or a piece of paper. This private key proves that a person has full protection and owns wholly over their economic value.

3. The economic value that is reliable and predictable

“The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible.”

~Satoshi Nakamoto

It is no doubt that traditional financial institutions require trust to work, yet they misuse this trust. In August 1971, after the then-US President Nixon ended the convertibility of gold into dollars and vice versa, the central banks started printing unlimited fiat currency from the thin air. Amidst the COVID-19 pandemic, 35% of all US Dollars ever printed were printed in the last year. This made the traditional financial institution unreliable and unpredictable. In the case of bitcoin, the network itself is reliable because of its proof-of-work model. Every transaction is broadcasted across all nodes in the network. To make bitcoin predictable, by design, only 21 million bitcoin can ever be created, and anyone can know when and how all this bitcoin will be created.

4. The economic value that is verifiable

Banking is all about recording the transaction and maintaining those transactions in the form of a ledger. In a centralized financial institution, people don’t know whether these transactions are recorded as they ideally should be or are manipulated due to the lack of transparency. Thanks to blockchain technology, in the case of bitcoin, every transaction is recorded and verified in a distributed ledger that is available for anyone to see. You can download all the transactions that have ever happened since the first transaction in January 2009. A bitcoin user can validate and verify all the inbound transactions and also check whether bitcoin has been spent more than once. The network also allows users to verify the ownership of the economic value.

Conclusion

With the massive success of bitcoin over the last decade, it threatens traditional financial institutions. They will have to innovate and embrace bitcoin technology and make plans to co-exist with this impressive technology, otherwise, they will become irrelevant. Countries like Singapore and Japan are already making their way and attracting global investors to their pool. Bitcoin is here to stay. Though it may be hard to accept, it is changing the way we do banking. If governments and banks around the world make necessary friendly policies to welcome this technology, it will be a win-win for every human.

Note: This article is originally written and produce at Unocoin, India’s first and most secure Bitcoin and Crypto exchange.

Unocoin is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can buy and sell bitcoin instantly using the Instant Buy and Sell feature. Not just this, you can also buy ETH and Sell ETH in no time. With more than eighty-seven coins listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your friends from any location. You can also know which cryptocurrency works best for you with the price ticker and notifications. The most popular cryptocurrencies like Bitcoin (BTC), Ether (ETH), USDT (Tether), BNB, Ripple (XRP), Cardano (ADA), Solana (SOL), Binance USD (BUSD), Dogecoin (DOGE), Polkadot (DOT) and other popular altcoins can be traded on the go. The new Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the Systematic Buying Plan, you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using SBP for as little as INR 10. With another exciting feature called Crypto Basket, you can diversify your crypto portfolio based on market capitalisation (Market Cap) or Volume. These two excellent features make Unocoin the best cryptocurrency platform.

Love Crypto Coins. Love Unocoin.

Please find the list of authentic Unocoin accounts for all your queries below:

Disclaimer:

Crypto products are unregulated as of this date in India. They could be highly volatile. At Unocoin, we understand that there is a need to protect consumer interests as this form of trading and investment has risks that consumers may not be aware of. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research).

The future of cryptocurrency and government regulations

This article will explore in detail, the future of cryptocurrencies and how the prices fluctuate concerning government laws and policies. The reader will also learn about the various other types of cryptocurrencies that have been going around in the market and have a similar potential for growth as bitcoin.

Thanks to the $1.5 billion investment by Tesla, bitcoin is at an all-time high. The price levels have reached over $57,528 at the time of this writing. But what is bitcoin or cryptocurrency, for that matter, and why are the prices rising? When we use advanced encryption techniques, cryptography and decentralisation to manage and create a digital currency, it is known as cryptocurrency. In short, bitcoin is a virtual currency, which has all the powers and functions of currency, transaction processing and issuance. What’s more? All of this is carried out by the network itself.

Bitcoin changed the game of investing when it suddenly surged over ten folds during 2013, attracting a lot of attention from institutional investors. Subsequently, it crashed by 50% overnight and started a fiery debate about whether it can be successful in investing. The only thing that deters people from dealing with this currency is its inherent complexity as compared to the traditional form of currency.

Only the people who are adept with technology and can optimally understand the working of the cryptocurrencies are mostly willing to invest in it, while it is overlooked by many others. The complexity of understanding how it works must be reduced to facilitate increased participation while ensuring that proper steps are being taken to safeguard the interests of the masses. The future of cryptocurrency predictions is something that everyone has an eye on, as identifying this, cryptocurrency’s future will help investors make a wise choice.

About Unocoin

Unocoin is currently India’s most trusted crypto exchange, with over 1.5 million users. They provide the most attractive fees in the market, with variable fees for higher volume trading and a variety of digital assets for the users to trade with. The platform is highly secure, user friendly and very intuitive.

The future of cryptocurrency and government regulations

What is the future of cryptocurrency?

Kenneth Rogoff, a professor from Harvard University, had suggested due to the sentimentalism of the “crypto-evangelist”, the market capitalization of cryptocurrency might explode shortly. But he had suggested that the value of each unit will be around $100 and not around $100,000, as some might expect. As of 2021, the price of a bitcoin has surged over $50,000. It is expected that the market capitalization of this currency could be over $5 trillion shortly.

While some suggest that the future of cryptocurrency is a gold mine, others indicate that it is a bubble that might burst at any moment. Due to the transactional nature of the currency, it is more vulnerable. Also, the cryptocurrency market is vastly unregulated. That is why many people can still not understand its full potential.

While the number of traders who accept bitcoin as payment has been increasing steadily over the past couple of years, it is still a small number. Even though these cryptocurrencies can be bought and saved in high-security wallets, they are still vulnerable to hackers and other malware. Even a simple hardware malfunction could erase someone’s wealth.

The future of cryptocurrency is uncertain. Simple retail investors could never know about how the government is planning to regulate it. While some countries are treating bitcoin as “property”, others are treating them as a “commodity”.

The government should move towards the future, where cryptocurrencies are regulated and accounted for. They are innovative ways of raising funds for the public, which can help boost commercial activity in the nation.

How no government regulation impacts the future of cryptocurrency?

The future of cryptocurrency currently seems rosy because it is not strictly regulated by the government. Each time the prices reach a new high, government intervention brings down the prices. Since it is fundamentally a peer-to-peer network-controlled system of currency, it can only flourish without any harsh regulations.

Generally, no government intervention puts the general public who is buying the bitcoin, at risk. While in a technically regulated market, dumping of stocks or other securities can be a punishable offence, dumping bitcoin is not, as they have not been categorized. In 2019, when bitcoin peaked at around $13,000, there was massive dumping of the shares in the market to bring down the price significantly. Only a regulatory body has the power and the resources to counteract this.

The future of cryptocurrency in India is entirely dependent on how fast the country can react to changing volatility of the financial world. Most nations have started building a Central Bank Digital Currency (CBDC) structure. CBDC can be issued and controlled by the Central bank like RBI. It will also be trustworthy, and traders will be encouraged to buy/sell this since this will be backed by the Central Bank.

What is the impact of increased scrutiny on bitcoin?

The volatility of bitcoin has always been the cause of the questionable future of cryptocurrencies. Economists have always been left bemused by the rapid change in the prices of bitcoin and other cryptocurrencies. Since there are no fundamental or other technical factors that can account for these rapid changes in the price, one of the major factors that can be considered by the traders is government regulations.

Some notable investment banks have suggested that government acceptance of this new form of commodity is essential to accelerate the prices of bitcoin further up. There a few ways in which increased scrutiny by the government regulatory bodies can control the prices of the commodity-

  • They can regulate the price of the asset and break the trading circuits to prevent wealth errorsion during volatility times to prevent overinflation of the prices.
  • They can also curb the rising prices due to the enthusiasm of the traders and the investors, reducing the cost of doing the business.
  • Lastly, tax commodity and impose stricter regulations and can regulate the prices by making them scarce.

However, the chances of all these methods succeeding are pretty low due to the decentralized nature of the cryptocurrency. Bitcoin is extra-national, which means that the ledger accounts handling these are spread across multiple nations.

On the other hand, banning the entire band of cryptocurrencies by the government shows their inability to understand and accept the new way of trading and exchange that can be beneficial for the masses. After all this, the effect of the regulations on bitcoin is very limited. Also, not regulating it would make it difficult for the government to charge taxes on the gains one makes by buying and selling cryptocurrencies. The government should also educate the budding investors and make them aware of the risks that come along with trading with cryptocurrencies.

What is the future of Litecoin, Ripple?

  • Litecoins

Made and owned by the Litecoin Foundation, which was founded by a former Google employee, Litecoin has been gaining traction. Litecoin was the future of cryptocurrency for 2021 and followed the trend of bitcoin and increased beside it. In 2022, it is expected to do the same. Since they both work on the same principle, the price rises concurrently with bitcoin prices.

  • Ripple

Ripple, officially known as XRP, was found to disrupt the industry and provide one of the lowest transfer fees of any cryp
tocurrency assets. Ripple targets customers that aim to transfer huge amounts of money across the nation with minimal fees. XRP aims to become the new industry standard and replace the existing procedure of SWIFT, which has a slower speed and higher charges.

XRP seems to have the highest potential among its competitors as it is considered a new industry standard in many nations.

Unocoin is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can buy and sell bitcoin instantly using the Instant Buy and Sell feature. Not just this, you can also buy ETH and Sell ETH in no time. With more than eighty-seven coins listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your friends from any location. You can also know which cryptocurrency works best for you with the price ticker and notifications. The most popular cryptocurrencies like Bitcoin (BTC), Ether (ETH), USDT (Tether), BNB, Ripple (XRP), Cardano (ADA), Solana (SOL), Binance USD (BUSD), Dogecoin (DOGE), Polkadot (DOT) and other popular altcoins can be traded on the go. The new Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the Systematic Buying Plan, you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using SBP for as little as INR 10. With another exciting feature called Crypto Basket, you can diversify your crypto portfolio based on market capitalisation (Market Cap) or Volume. These two excellent features make Unocoin the best cryptocurrency platform.

Love Crypto Coins. Love Unocoin.

Please find the list of authentic Unocoin accounts for all your queries below:

Disclaimer:

Crypto products are unregulated as of this date in India. They could be highly volatile. At Unocoin, we understand that there is a need to protect consumer interests as this form of trading and investment has risks that consumers may not be aware of. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research).