My11Circle Vs Share Market NSE or BSE – Earning Target Daily Rs 1500 Online Best Work from Home
My11Circle and some of online fantasy gaming applications like MPL , myfab11 are becoming popular day by day . People are looking for smart and easy earning options to make money online from their home . Apart from fantasy gaming and investments , there are also different earning options with which you can invest small money and can easily make Rs 1000 to Rs 1500 every day from your mobile doing nothing .
Share Market investing and My11Circle fantasy gaming investment are both separate and requires skills to earn money . While most people don’t know which is the easiest option for them to make online every day . So , in this article we will be discussing whether you should invest earn online from fantasy gaming applications or start working in share market to make money online from home.
Making Money in My11Circle
My11Circle is a cricket or football based fantasy gaming application which ask people to deposit their money in order to compete with other players in real time and choose for their gaming players on the app to earn money . It is like bidding on the most outperforming to earn money . Considering view of many , it has become a popular earning app for those who love to watch sports and know every aspect of it .
Joining My11circle and earning on it requires depositing money on the application and investing that money in different tournaments. On winning the tournament , the winning prizes are announced and are provided in My11circle wallet of the player .
It can be withdrawn in bank or e-wallet online within 24 hours.
Share market is an alternative way of earning money online which is working since 90s as it is a trading market were people to invest their money for long term gains or and also find options to make money even on daily or hourly basis also.
Earning from share market online is an art which requires a demat account and one must have minimum some amount to buy shares , options or debt securities in the market to earn every day or monthly or yearly basis. One can start earning money from share market by choosing a stock or stocks and investing minimum Rs 1000 .
But in small investment less than 10000 , there are less chances to make money. In share market , for investment in stock for instance Rs 10000 invested in a stock of Rs 100 can provide 100 stocks . And for 1% increase in stock Rs 1 making it Rs 101, the profit can be earned within seconds or minutes for Rs 100 (100 stocks * Rs 1 profit ).
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There are limited requirements to join fanstasy gaming platform like My11Circle like doing KYC with Aadhaar based OTP and Pan card , while more documents are required to open a demat account in order to invest in stock market which includes pan card , bank statement and Aadhaar details .
It might take upto 10 to 20 minutes to open an account on MY11Circle , while it might take upto hours to open a demat account online. The only requirement by which you can start making money in share market and my11circle is minimum investment of Rs 10000.
Easier Option to Make Rs 1500 from Home Online – Fantasy Gaming or Investing
Compared to MY11Circle , share market earning can be considered as an easiest and less risky option for earning . This can be said in a way :
- In My11Circle once the amount is invested , there are less chances that you get your investment back . But in share market in return of your investment you receive stock holding of a stock of company which can be sold at anytime during your lifetime.
- In my11circle , there are more taxes and other charges involved including TDS deduction for earnings and winnings. While on share market earnings can be re-invested and can be taken home with demat account with no charges for withdrawl from demat account .
- My11Circle and the like fantasy apps are not supported by government , while share market trading and earning is regulated by SEBI which is a government body.
- With share market trading you can make Rs 1500 in a single day investing minimum Rs 5000 in a stock which is undervalued and going to boost in its price. But in My11circle.com you have to wait for winning the tournament.
There is high risk involved in investing your money in my11circle as on investing Rs 10000 , you might end up loosing your investment in case you loose the game . But in investing in share market even if you buy a stock and end up loosing , you can keep your investment intact for future growth .
In share market Rs 1500 target can be achieved in a day if you invest in stocks which are priced above Rs 100. While in My11Circle , you have to wait for the entire gameplay and their is no option to check your winnings or loosing or to predict in my11circle for your winning .
In My11Circle , you can witdraw your deposits and winnings in your bank account through e-wallets or UPI option .While in Share market , you can place a withdrawl request in demat account which can be received within 24 hours.
Share market trading and investing is one of the best way to make money online other than investing in fantasy gaming applications like My11circle . Also , applications like My11circle, puts you into bidding or prediction habbit which can make you loose money in long run .
Also read : How to Make Rs 1000 every day in MPL PRO Gaming Application On Mobile ?
So be smart and start investing or trading in stock market , rather than wasting time on fantasy gaming applications.
