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Technology has a massive impact on businesses and how they are done, due to the advanced user experience capacity of the web. In this contemporary world, Everyone is familiar with the term Crypto and NFTs. Digital currencies are becoming extremely tumultuous and hardly stable to invest in. Bitcoin, Ethereum, and other Cryptocurrencies are popular for being volatile in the digital industry. People have feared the crypto market's boosted volatility for the past year, which became highly a harsh reality, however, it is now rapidly recovering in these updated times. The sudden decline in the value of crypto is known as volatility, a dip in the digital currency market that results in the depreciation of the market, taking down every individual who has staked their money in it. The Saleem Nawaz Mandi Shaikh is one such digipreneur who is also a crypto expert and talks about the volatility with the discussion on how to assist new and mature investors with it. 

For now, investors must deeply understand what a cryptocurrency dip is and why it is important to avoid it? People are insanely investing in the crypto market without any know-how which is due to the hyped term. Without any pre-research and knowledge, many youngsters are buying plentiful NFTs and virtual currencies with an aim to fetch rich dividends. The crypto market crash is a 10-20 percent downfall in the market that takes place gradually within days. A hasty purchase of bitcoin or other crypto tokens can lead to major financial damage and there needs to be a safe ecosystem to support aspiring financiers who are now dreading such investments. The new ecosystem is dedicated to bringing an end to such ignorant losses by stabilising the market. This presumption is entrusted by the big forte in the Internet sector known as Web 3.0, a greater upcoming version of Web 2.0. 

The netizens are already looking forward to Web 3.0 which will be a huge leap from Web 2.0 that we are living in. The advanced technical sphere has already experienced many inventions that will redefine our lifestyle after Web 3.0 enters our doorstep. Hence, the future holds the invention of decentralised platforms that will help everyone to invest securely in bitcoin or other cryptos. Additionally, it will also guide fresh minds towards profitable earnings in the industry, as a part of Web 3.0. There is a significant shift in the data strategy especially after the buzz about Web 3.0, it is presumed to be the next big phase of the internet and data analytics world. With Web 2.0, businesses have always engaged with consumers in innovative ways, but the introduction of Web 3.0’s completely different user experience is going to change the game. 

While cryptocurrency correction is a short-term problem, many people lose their money within seconds. In the industry, it is considered a temporary injury to the assets of companies but a market crash is definitely something to worry about. Although 70 to 80 percent of the correction has been diffused, 5 to 15 percent of it is still applicable due to the nature of digital financing and lots of Ponzi schemes and untrue marketing techniques. The upcoming economic systems platforms built inside Web 3.0 will safeguard an investor and will try to acquire ethical users after prohibiting all the unethical ones, so as to empower the real-time dealers who believe in transparent trading. These much-anticipated platforms will be dedicated to developing an ecosystem that will initiate mature trading and promote new buyers in the market with a ‘Learn and earn’ motto. There will definitely be a lesser number of false valuation projects for coins, exchanges, and improper media hubs looking to gain returns. 

Resilience in crypto and other currencies will be attained after the emergence of Web 3.0 and it will become more compatible with consumers who can fully partake in the process. There are talks about some amazing blockchain developments taking place as well. So, the next time the bitcoin rates drop, you will know if it’s a correction or crisis. With more investments in the metaverse, Web 3.0 is on our shoulders. It is well known that cryptocurrency corrections are notoriously hard to explain and even harder to predict but all those issues are anticipated to be resolved in no time. 

Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.

The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.

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