Cryptocurrency in India

 As we all know how the acceptance of crypto coins in India has been flourishing since Last year . Numbers of investors has many fold approximately 10 crores investors are there in india  who are active in any one of the exchanges that facilitates to trade crypto. Most important question that arise when we talking about crypto is its  craziness among people is that its good returns and speculation of being a future assets?

But no one knows how it is far valid all this happening with speculation and real time data which shows the profitability .....one must be aware of its risk involved before making any decision of investment  of his hard earned money .

Indian government is going to bring a crypto regulation bill in upcoming winter session of parliament which commence on 29th of November  . The Bill may contain the regulation and laws on which cryptocurrency meant to be valid . After publishing the news of crypto on Zee news investers falls  in trouble because the prices of all crypto coin has been dumped to 20-30% in just few minutes. Nobody wants to hold their position in crypto due to uncertainty regarding crypto regulation ...but what should investers can do is only to remain calm and wait for that bill which will answers their all questions .

What i can predict about bill is that it will only regulate the crypto exchanges by leving some norms like data sharing of transaction .....which curtain the all illegitimate transaction like terrorist fundings, narcotic drugs smuggling, unregulated gaming, betting market etc.








Comments

Post a Comment

Popular posts from this blog

Why traders are shifting to Dubai?

Image
  Dubai : Attractive Financial Hub There are several reasons why some traders are shifting to Dubai as a destination for stock market trading. Here are some possible factors: Tax incentives : Dubai offers tax incentives for foreign investors, including a zero percent tax on capital gains, which can be attractive to traders seeking to maximize profits. Geopolitical stability: Dubai is considered a relatively stable and safe country, with a low crime rate and a well-developed infrastructure. This can be reassuring for traders looking for a stable trading environment. Regional hub : Dubai serves as a regional hub for finance, trade, and commerce, with a strategic location between Asia, Europe, and Africa. This can make it an attractive location for traders looking to access markets in these regions. Diversification : Some traders may be looking to diversify their portfolios by investing in emerging markets, and Dubai offers exposure to a range of industries and sectors, including re...
Read more

Why only 10% of people are rich worldwide?

Image
  There are many factors that contribute to the unequal distribution of wealth globally, and it is a complex issue that cannot be attributed to any one single cause. Here are a few factors that may contribute to the statistic that only 10% of people are considered rich worldwide ♦️ Unequal distribution of resource s : The world's resources, including land, natural resources, and capital, are not distributed equally among all countries and individuals. Some countries and individuals have access to more resources than others, which can impact their ability to accumulate wealth. ♦️ Historical legacies : The legacy of colonialism, slavery, and other forms of exploitation has left some countries and regions at a disadvantage in terms of economic development and wealth creation. This has created a long-lasting impact that continues to affect these areas to this day. ♦️ Economic policies : Economic policies, such as tax policies, trade policies, a...
Read more

Money can buy happiness 💸is it true?

Image
What do you think 💬 having lot of money is a guarantee of happiness in life❓   T he relationship between money💸💵 and happiness is a complex and debated topic. While it is true that money can provide individuals with access to resources and experiences that can increase their happiness, it is not a guarantee of happiness. Research has shown that while money can increase happiness up to a certain point, beyond that threshold, the relationship between money and happiness becomes weaker. 🧘🧘🧘🧘🧘🧘🧘 F urthermore, happiness is a subjective experience that varies from person to person. What makes one person happy may not necessarily make another person happy, even if they both have access to the same resources and experiences. Therefore, it is important to recognize that happiness cannot be bought solely through money, and that other factors such as personal values, relationships, and life circumstances play a significant role in determining an individual's level of happiness. 🏄?...
Read more