The power of SIP

Although nowadays there are many ways of investing, if you start any investment and if you are regular in it, then only you will get profit in the long term and this is how your portfolio will go and then if you leave it in the middle and expect that you will get a lot of profit, it is probably not possible, but sometimes profit is also made, many people make lump sum investments and if they have invested at the right time and the right place, then they may also get profit, if you talk about the last few years when BTC and Ethereum went to their all-time high, I still remember whenever eth was at 800 USD, many people were thinking that it would probably go to an even lower level if you had made the long investment at that time, then your money would have almost tripled right now and probably the same thing has happened with BTC as well if you see, BTC has given a return of about 110% in the last 1 year.

Many people do DCA and many people invest in different assets through SIP. They set up the shipments on a weekly, daily or monthly basis. I feel that weekly shipments are a good strategy. If you have money, you can also do daily shipments. In this way, you can earn a good profit in the long term. Some people also like to invest in a lump sum. If you are sure that an asset can give you a good profit in a few months, then you should invest. Nowadays, many investment options have opened up. Many people are investing in ETFs these days, which is also a good way to invest.

If you invest through SIP then it will give you good profit in the long term. Many people invest in mutual funds through SIP, but some invest in SIP with their favourite stocks. This is also a good way to invest. Nowadays such options are available. If you use any application like growww or Ind Money, you get a chance to invest in your favourite or any shares, that too with very little investment. You can select the shares of your choice and you can set your SIP accordingly. And if you want to increase this romance even more, then keep increasing the amount of SIP once a year, even if it is 5% or 10%. Gradually you will see that as your income increases, your investment will also increase and in the same way your portfolio will also grow.

Source

Translated with Google Translator, thanks

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