Higher volatility followed by correction in the crypto market is just as common (but more frequent) as in the other asset classes.
Using the same trading principles and learning more about how the crypto market functions is the right way forward.
Thank you @RBI for issuing this clarifications and completely in line with @IndiatechO recommendations as well. A good start for those in #cryptocurrency space
https://t.co/69RYZkVyf8
There seems to be widespread withdrawal of support to #cryptocurrency transactions by banks citing the old order of #RBI which stood nullified after the #SupremeCourtofIndia order
@smtgpt Banning has never worked, it has given rise to more illicit activities. Regulating Crypto will bring better fruits for the Indian government and economy. Exchanges have a great role to play in this. They are the flag bearer of making crypto safe, secure, and compliant.
This is one of the positive news for the entire Indian crypto industry. 🇮🇳
According to sources, the Indian government is looking to form a new panel to regulate crypto. Regulating crypto is the right way forward. 💪
RT and share it with everyone
Positive crypto regulations will boost crypto space in India
They will open the doors to even more crypto startups, companies to build, eventually generating millions of job opportunities
There is a good chance that digital artists will bring a huge influx of people into the crypto space.
While NFTs is at a nascent stage, few digital artists are creating their art, and it is helping in garnering a great deal of attention.
There are 340+ crypto startups in India.
With smart crypto regulations, many of them will gain million and billion-dollar valuation in coming years.
They will build world-class competitive products and create high skilled jobs.
#IndiaWantsBitcoin
BTC y-o-y growth at 300pc
BTC is 21million unit a definite number
Unlike gold, easy to store
BTC doesn't lose value as it changes hand
BTC's % correlation to other asset classes is less 0.5%
Investing only 1-5% of your disposable income goes a long way.
Glad to see R Gandhi, former Deputy RBI Governor advocating the need to regulate crypto as an asset class, and not as a currency in @moneycontrolcom Masterclass event.
We as an industry believe that regulating crypto as an asset is the right way forward.
#IndiaWantsBitcoin
Countries that win the technological race will stay ahead and firm in their stance.
In the wake of developed economies embracing crypto assets, resistance from regulators will result in India losing out on the global technological race. #IndiaWantsBitcoin
Support and contribute by emailing directly to MPs - https://t.co/gYXg8drmKa.
Share it with your friends, family members in your circle #IndiaWantsBitcoin
Today, Crypto is a trillion dollar industry and it is expected to grow multifold in coming years and decades.
Billions of Indians can contribute to the crypto space and it will help in contributing to India's growth story.
#TryCrypto
We stand united. Indian crypto industry is coming together to support #IndiaWantsBitcoin where everyone can contribute and responses will be directly emailed to MPs.
Let's show our strength 💪
https://t.co/3Ly4kcnURi
#TryCrypto
'If India wants to foster the blockchain ecosystem, it is imperative for them to recognise and regulate crypto assets'
- Our CEO, @smtgpt's views on the proposed cryptocurrency bill on @CNBCTV18News#TryCrypto
📢 Our analysis of RBI’s proposed bill to ban private cryptocurrencies is out: Crypto Safe Hai!
Read more: https://t.co/VDPhmlWynp
#TryCrypto#KeepCalmAndHODL#Bitcoin