Jump to content

The CryptoCurrency Thread


eddy4823
 Share

Recommended Posts

15 minutes ago, SpearHea:D said:



Solid choices, would add QNT, HBAR & DOT.

Also Catgirl token, high high high risk but potential for shiba, doge run. Put 15k into it, its a solid nft + anime waifu project. 

 

Been watching QNT & HBAR. HBAR looks like an impressive project.

I have a decent holding in DOT on which I took a leap of faith so big that I've locked them up for 2 years in slot auction for Acala & Moonbeam.

 

Meme & sh*t coins, I've invested in quite a few with small token amounts but the only one in big profit is Baby Doge :fear1:

Catgirl, I have & I'm down by approx 99% on it :rofl:

 

Reflecting back on my choices, I've turned quite conservative in this degen space (or so I assume) & spend more time watching than actually buying into projects. 

Link to comment
Share on other sites

31 minutes ago, Channu said:

 

Been watching QNT & HBAR. HBAR looks like an impressive project.

I have a decent holding in DOT on which I took a leap of faith so big that I've locked them up for 2 years in slot auction for Acala & Moonbeam.

 

Meme & sh*t coins, I've invested in quite a few with small token amounts but the only one in big profit is Baby Doge :fear1:

Catgirl, I have & I'm down by approx 99% on it :rofl:

 

Reflecting back on my choices, I've turned quite conservative in this degen space (or so I assume) & spend more time watching than actually buying into projects. 


Same here 50% down on cat.

I too Locked my DOT in acala and Moonbeam. Effinity didnt win.

Link to comment
Share on other sites

17 hours ago, KnackChap said:

 

Waiting for budget to see if anything regarding crypto is announced (taxation etc). Hopefully prices will remain the same or fall further. 

The Budget wont really affect the crypto market even if its gonna be a ban of sorts, unless people are trading and holding in Indian exchanges. 
As India has really less volume to affect the cryptosphere as a whole.

Link to comment
Share on other sites

  • 2 weeks later...

Digital Rupee, blockchain, FY22-23

 

Virtual digital assets: Gains taxed at 30%, no deduction.

Loss from transfer of such assets can't be set off with other income.

Gift of such assets taxable at the hand of recipient.

 

New form released for such transactions.

 

 

Link to comment
Share on other sites

2 minutes ago, Bird Bird Bird said:

Virtual Digital Assets taxed at 30% apparently ? So all cryptos hit with same ?

Damn! That is double of what was being done currently i.e STCG

Edit -  sorry it was 20% if more than 3 yrs and as per slab if less than that.

Edited by SuperT
Link to comment
Share on other sites

3 minutes ago, SuperT said:

Honestly if anything this is actually good news. All rumors of banning them/restricting them etc. put to rest. 

That's still not clear.

They didn't clear if it's for RBI backed cryptos but atleast it better than nothing. People can go on trying to get rich quick.

Now just open UPI transactions, no Mobikwik hacks.

  • Like 2
Link to comment
Share on other sites

4 minutes ago, KunjanPSD said:

That's still not clear.

They didn't clear if it's for RBI backed cryptos but atleast it better than nothing. People can go on trying to get rich quick.

Now just open UPI transactions, no Mobikwik hacks.

Honestly Indian platforms are a pain to use for crypto. They have UPI one day the next day UPI disappears. 

Vauld was pretty good but now UPI gone from there too. Same story with WazirX.

What is everyone using here and what hack are you guys using ? 

 

Edited by SuperT
Link to comment
Share on other sites

1 minute ago, SuperT said:

Honestly Indian platforms are a pain to use for crypto. They have UPI one day the next day UPI disappears. 

Vauld was pretty good but now UPI gone from there too. Same story with WazirX.

What is everyone using here and what hack are you guys using ? 

 

I am using nothing. HDFC has blocked off pretty much everything.

Link to comment
Share on other sites

1 hour ago, KunjanPSD said:

Loss from transfer of such assets can't be set off with other income.

Correct me if I'm wrong but the losses in crypto from 1 year aren't being allowed a set off next year too in the same category. I.e. You gain: pay tax, you lose: F*ck you and your losses.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...