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Anonymous

Hey I am on Medial • 1y

Crypto Tax on gains is 30% in india. Incase of emergency what will you choose? Take loan on crypto and repay loan later or just sell crypto and pay tax or any other options you have?

Anonymous 1

Hey I am on Medial • 1y

Not to invest in crypto in the first place. Who the f wants to pay 30% on gains.

Anonymous

Hey I am on Medial • 1y

Do you know what? not investing crypto means being a slave to government. I can understand who you are. I too agree 99% cryptocurrency are scams but you can choose in 1% to invest.

Harsh Gupta

Digital Marketer (Me... • 1y

Bro don't you think this will come out as gambling and all your money will be at sake of your luck , taking this much high risk , if you want to take risk then take it in calculated way , invest in stocks , it will better option

Anonymous

Hey I am on Medial • 1y

We are already living in high risky society. The money you held in your bank is not your(case study - cyprus bailout). Land you own can be taken away at any time (Case study - India land reform) Gold you held can be forcely take away from you (1930-33 gold confiscation) Even user rights can be suspended(emergency) Thank you crypto it can be volatile but it can't be taken away. Crypto can be banned but can't be stopped from spreading. It can risky but it is the future (Uday kotak and sebi chairperson already recognised it)

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Replies (1)

Harsh Gupta

Digital Marketer (Me... • 1y

Uday Kotak sir talked about it because sebi has been taking harsh steps in the equity market . And bro why I am feeling like you are think too extreme . Gold confiscation was happen because of several economic development and don't forget at that time trade were executed in gold , but now the time had changed . Lastly , I am not totally against buying bit coin , I am against buying the Bitcoin , when you have not that much ability take risk , for example if you earn 10K month then you can't take risk on 4-5K , but if earn 1 lack a month then its sound good , then you should expose some portion of your portfolio in bit coin. Hope you got my point

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Hey I am on Medial • 1y

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3 Replies