How to store and HODL Cryptocurrencies?
Welcome to Part 5 of 6-video course called Cryptocurrency Investing with Nischal Shetty, founder of @WazirX
0:00 Introduction
03:30 Cryptocurrency storage and security
05:15 Disadvantage of non-custodial wallets
06:25 Are your coins safe in a custodial exchange?
07:20 What is HODLing?
08:50 My criteria for using an exchange
10:00 Conclusion
What we have covered so far:
1. Why was bitcoin invented? https://youtu.be/isx07mGFYW8
2. Types of Cryptocurrencies: https://www.youtube.com/watch?v=XkL37kTun1M&t=8s
3. How to buy and sell them: https://youtu.be/1j8X26aka-I
4. Investment Strategies: https://www.youtube.com/watch?v=S_ApIO17UA0&t=1s
What we will cover next:
5. Storing and HODLing Cryptocurrencies
6. Future of Crypto in India
#IndiaWantsCrypto #Warikoo #HODL
This fifth part covers the two mechanisms of storing crypto coins – and the challenges that come along with them.
How to decide which option to opt for? How to choose the right platform?
Did you know of the very interesting story about how the term HODL was coined?
All of this, in tonight’s video!
I would love to clear any doubts you may have, so keep your questions coming in, in the comments section below.
Click here to subscribe to my YouTube channel: http://shorturl.at/bizNX
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Ankur Warikoo is an entrepreneur, an angel investor, a mentor and an active public speaker.
For the past 4 years, Warikoo has been actively sharing content on YouTube, LinkedIn, Instagram, Facebook and Twitter amassing a following of 3 Million+ people.
He posts 3 Hindi and English videos every week on his YouTube channel, where he talks about entrepreneurship, how to grow in life, personal finance and failure.
Warikoo started his entrepreneurial journey in 2008. His most recent startup is nearbuy.com where he was the founder and CEO from 2015 until 2019.
Prior to that, Ankur started Groupon’s India business in 2011 and acted as the Country CEO from 2011-15, and Head of Groupon APAC from 2013-15.
An alumnus of the Indian School of Business, Ankur is an active Angel investor and mentor to several startups.
Ankur has been part of Fortune Magazine’s 40 under 40 List for India, LinkedIn India’s PowerProfiles List, LinkedIn India’s Spotlight List and India’s Top Executives under 40 list.
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49 Comments
Pls ask Nischal about crypto-staking and crypto-lending.
waiting for the next one
@ankurwarikoo
No Mention on Hardware Wallets which are so far considered safest.
Hi Warikoo,
I have a question on taxes applied on stocks.
But firstly, very impressed with your ideas and the information you provide on investing and ways of investment. I have been following you for weeks now and I can surely say I have learnt a lot about stock market and also fundamentals on how to manage finances.
So coming back to my question, can you tell us the taxes applied on stocks. I did read online about 15% tax on short term investment and 10% on long term investment.
I would like to know if this tax can be applied for returns in any way like you have mentioned a few ways to reduce income tax in one of your videos. Can this be done on taxes on stocks as well. I would really appreciate it if you could make a small video on this topic or answer my confusion on this topic.
Thanks man! Appreciate your work and keep doing more amazing videos.
Hello Sir … how can I connect with you ?
HODL – Holding ON for Dear LIFE
Portfolio 300% up after hodlin and I am not even a old trader
I'm 19 and invested around 1 lakh in crypto current portfolio is 50k. 50 percent down . but I will hodl till last .
Maine time management Course ka payment kiya tha abhi tak mujhe link nahi mila hai or aapko mail bhi kiya pr koi reply nahi aya hai plz help me
I thought you misspelt HOLD in the thumbnail 😂😂
Sir please make video on LIC policy holders what to do,surrender or convert to paid up policy,plenty people struck with LIC including me
No notes for this one? 🙁
Spelling of Hold is incorrect in thumbnail
Make a video on US Stocks!
I will choose trading instead of holding the crypto. i get daily profit from crypto. I lost around 2 lks when holding. now i am earning daily income by trading..Any one do the crypto trading here?
100 Bitcoins …kaash 💙
Does Wazirx offer Systematic Investment in Cryptocurrency? Like a monthly SIP?
If so, what is the minimum amount in INR?
Also, does it have an option to set aside the purchased coins like Blockfi platform does and pays interest against the coins?
It was a wrong explanation of HODL, it was not a mispelled word, it is a Crypto slang meaning – Hold On for Dear Life-HODL.
One day no one will know who is rich and who is poor.That day this world will become truly democratic.
Jai Gurudev!
Can you review Vauld?
Hi Ankur! Love your videos on investment strategies but I guess its high time now that you should really come out with a video clarifying the products/apps that you recommend in your videos are sponsored (be it in form money or any other favour) or not. This way your audience will have better understanding if they should go ahead with that product/services or not. You owe it to your audience 🙂
R there physical cryptex coins in this world, if they are then how to trade them
Sir, please Make a video on nbfc and their products .
Dear Ankur Sir,
I was following this series from the playlist. The episode 5 (this one) is not there in the playlist
I am starting my content carrer journey by subscribing u .wish me to full my journey
Be aware of the scamers im the comment section
We don't have notes for the 5th episode of Crypto Investing?
Kindly put this video in the Playlist as well
Ankur pl make video on NFT knowledge
This video is left out of Cryptocurrency Playlist (only 5 videos out of total 6 videos series).
this episode isn't in the playlist.
Sir plz add part 5 in playlist 😊 in crypto currency
Notes for episode 5 & 6??
Thank you sir for providing this information
Coin pe video banaye sir
Add this to the Playlist. Part 5 is missing there
Online gold kahan se Khele
Nice session ❤️
HELLO, I'M NEW TO CRPT0 AND FOREX TRADING AND I HAVE BEEN MAKING HUGE LOSES TRADING ON MY OWN BUT RECENTLY I SEE A LOT OF PEOPLE EARNING FROM IT. CAN SOMEONE PLEASE GIVE ME A NEW STRATEGY OR AT LEAST TELL ME WHAT I'M DOING WRONG?..
Sir a question, suppose a crypto exchange runaway with all the coins they have. What will happen to then.
@warikoo, Last 2 videos have been swapped in Playlist – "Cryptocurrency Investing Masterclass". Please rectify the same.
5-mar
love from pakistan
Please correct the order of 5th and 6th videos
Tu ghanta inspiring. Sabke fd break karvake Vauld mai invest karvake hum sabko dubaya. Scammer sala
Just wanna ask one question: when you knew the safest way to HODL crypto in private wallets or cold wallets 11 months before then why you had holded your worth 30 lakhs crypto in vauld exchange while knowing the fact: Not your private key, not your crypto. Crypto assets are to be holded in cold wallets only and u knew that. Right??? Also you promoted that exchange to HODL crypto
bus promote karke paisa kamao aaj kya haal hai wazir x
sidhe sidhe bol kyn nai paate k actually hardware wallet me rakho waha se buy sell karo
konse konse exchange hay in India
Sir pdf of this ?