Cryptocurrency continues to grow in importance in India and with it come cryptocurrency influencers.
According to a report by Knight Frank, 18% of India’s Ultra High Net Worth Individuals (UHNWI) invested in cryptocurrencies and relevant assets in 2021.
UHNWIs are those with a net worth of $ 30 million or more.
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In his wealth report, Knight Frank said that 18% of the richest Indians now own cryptocurrencies.
A statement states: “In the case of India, 18% of the ultra rich have invested in cryptocurrencies. 10% are invested in cryptocurrencies / tokens and 8% are invested in NFTs.
When The Wealth Report first explored the potential of blockchains in 2018, one-third of respondents said they doubted their customers had heard of it.
There are now over 8,000 cryptocurrencies in circulation.
However, some people are reluctant to invest in cryptocurrency due to a lack of market understanding and security concerns.
Cryptocurrency is also a risky market, with the potential for huge losses for investors.
But the rise of cryptocurrency has led to a simultaneous increase in the number of cryptocurrency influencers.
They use their social media presence to advise and educate those looking to invest in cryptocurrency.
Let’s take a look at some of the top cryptocurrency influencers in India.
Aditya Singh is one of India’s most popular cryptocurrency influencers.
Drive the Crypto India YouTube channel, which has over 280,000 subscribers. In videos of him, Aditya talks about the pros and cons of cryptocurrency.
When he started trading, Aditya said he was shocked by the number of pyramid schemes in India. He now helps investors identify and avoid scams.
When a 30% tax on cryptocurrencies was announced in India in early 2022, Aditya posted an online petition, asking the government to consider it.
Aditya has also helped financially “play to win,” many of whom have begun to depend on their cryptocurrency earnings for a living.
It is part of a joint initiative that funds the initial play cost of Axie Infinity, a popular blockchain-based monster fighting game, in exchange for a share of the winnings.
Sapna Singh started investing in cryptocurrencies while still in college.
At 24, she is one of the best female cryptocurrency YouTubers, with over 250,000 subscribers.
Its channel, called Win with Sapnacryptocurrency reviews, how-to guides and price predictions.
He also wrote a book called The basics of the cryptocurrency marketreleased in July 2022.
Sapna advises potential investors to do extensive cryptocurrency research before investing their money.
The influencer also says:
“Try to learn technical analysis and be active on social media platforms to identify current trends and news.”
“Trust yourself and the sky is the limit.”
Shivam Chhuenja opened his YouTube channel when he was only 21 years old. Since then, he has been a major educational cryptocurrency influencer.
She says, “I am in contact with many single mothers who make money trading cryptocurrencies in India which is encouraging as we need more women in the crypto and blockchain space.”
Describing the Indian cryptocurrency market as the Wild West, Shivam often warns his followers of how easy it is to be scammed.
Its other two channels, Financial fund And Stoic wealthfocus on blockchain technology and personal finance.
Shivam is currently building Zionverse, a metaverse dedicated to Indian culture and history.
Cryptocurrency influencer Pankaj Tanwar teaches people about cryptocurrency after making a mistake in 2015.
He fell victim to a Bitcoin mining scam that promised 180% returns.
Later, he started learning about the cryptocurrency industry and now has a YouTube channel called Bitcoin expert of India.
It also has BEI24, an online platform that focuses on crypto education.
“We are in the golden age of technology and globalization and Indians shouldn’t be left behind.”
Highlighting the growing need for IT crypto experts, Pankaj says young Indians should be aware that blockchain developers are among the highest paid in India.
His “Advanced Bitcoin Cryptocurrency and Blockchain” course is available on Udemy.
Kashif Raza first entered cryptocurrency when he mistakenly took out a personal loan to fund his first Bitcoin purchase. He ended up losing everything in a fake Ponzi scheme.
It is now helping to prevent others from making the same mistake.
In 2018, Kashif co-founded Crypto Kanona YouTube and Twitter platform for news and regulatory analysis.
When the central bank cracked down on cryptocurrency trading that year, Kashif was among the first to provide real-time updates.
He is active on Bitinning, a platform dedicated to educating cryptocurrency traders of all levels.
Kashif also provides advice and training on NFTs.
Budhil Vyas began his cryptocurrency journey by sharing his investment advice with those interested.
Its recommendations are based on technical and fundamental analysis. Profits were often derived from it, and his reputation began to spread.
In 2020 Budhil launched his YouTube channel Cryptography Discussionsproviding market updates and education on cryptocurrencies.
Cryptography Discussions is also available as an app, which offers courses.
Budhil believes that the Metaverse SAND and MANA tokens will increase in value over the next decade.
But Budhil cautions against relying solely on crypto ads or YouTubers.
It says, “Only a handful understand the power of holding cryptocurrencies as a long-term investment.”
Fintech expert Ajeet Khurana was one of the first people to highlight the potential of cryptocurrency in India.
He is the former CEO of ZebPay, India’s oldest global cryptocurrency exchange, which began operations in 2014.
Ajeet also headed the Blockchain and Crypto Assets Council, a national advisory body.
Ajeet is now a leading cryptocurrency influencer, helping startups in the field through his company Genezis Network.
He conducts seminars and is often the cryptocurrency expert for Indian TV channels.
These cryptocurrency influencers are some of the biggest names in India.
They use their social media presence to help people with all their crypto needs.
In many cases, these influencers have suffered financial losses due to mistakes. They are now working to make sure investors don’t make the same mistakes.
So, for those who need cryptocurrency advice or want to invest, check out these influencers. But be sure to research the topic thoroughly before thinking about investing.