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The CryptoCurrency Thread


eddy4823
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Just to make sure this thread is alive.

 

Guys just do not give upon crypto.

This is the moment which we used to wish for.

Back in april 2021 whenever I saw those crypto price charts I always think of that ,if i had invested in -January 2021, i would be richie rich rich

I think that time is back again and it would be a big mistake to decide not to invest now .

This is an opportunity. 

 

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4 minutes ago, Felix the cat said:

Just to make sure this thread is alive.

 

Guys just do not give upon crypto.

This is the moment which we used to wish for.

Back in april 2021 whenever I saw those crypto price charts I always think of that ,if i had invested in -January 2021, i would be richie rich rich

I think that time is back again and it would be a big mistake to decide not to invest now .

This is an opportunity. 

 

Which currencies you are investing in right now?

And via which platform?

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3 hours ago, Felix the cat said:

Just to make sure this thread is alive.

 

Guys just do not give upon crypto.

This is the moment which we used to wish for.

Back in april 2021 whenever I saw those crypto price charts I always think of that ,if i had invested in -January 2021, i would be richie rich rich

I think that time is back again and it would be a big mistake to decide not to invest now .

This is an opportunity. 

 

The problem is India. Imposing 30% tax and 1% TDS is huge blow for crypto in India. And also soon there will be 28% GST levied as well. Crypto is as good as dead in India now. 

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4 minutes ago, mohit9206 said:

The problem is India. Imposing 30% tax and 1% TDS is huge blow for crypto in India. And also soon there will be 28% GST levied as well. Crypto is as good as dead in India now. 

How GST will be levied?

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1 minute ago, mohit9206 said:

Currently there i no clarity whether 28% GST will be on services part or the entire crypto

But that would be applicable on Indian exchanges, right?

Anyway, looks like the good old stock market is the best for me.

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On 6/9/2022 at 10:44 AM, Felix the cat said:

Just to make sure this thread is alive.

 

Guys just do not give upon crypto.

This is the moment which we used to wish for.

Back in april 2021 whenever I saw those crypto price charts I always think of that ,if i had invested in -January 2021, i would be richie rich rich

I think that time is back again and it would be a big mistake to decide not to invest now .

This is an opportunity. 

 

True. A good strategy would be to invest a little from time to time and maintain a sheet where one can calculate the avg cost per unit. It's super easy to track the profit/loss.

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On 6/9/2022 at 10:49 AM, KunjanPSD said:

Which currencies you are investing in right now?

And via which platform?

I invested mostly through decentralised exchange.

I invested in SPIRIT,TAROT,JOE, and PYR,btw it proves bad to invest in PYR.it was a good coin to invest  but soon after i invested it got attacked by f**king hackers and it goes down like crazy.

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On 6/9/2022 at 2:36 PM, mohit9206 said:

The problem is India. Imposing 30% tax and 1% TDS is huge blow for crypto in India. And also soon there will be 28% GST levied as well. Crypto is as good as dead in India now. 

Is there any tax bracket.i mean gov would be imposing tax only after certain amount?

There would be no tax Under 2.5 lack .right?

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1 hour ago, eddy4823 said:

True. A good strategy would be to invest a little from time to time and maintain a sheet where one can calculate the avg cost per unit. It's super easy to track the profit/loss.

Yes,its easy. 

Im also maintaining a record with transactions date,invested money,and amounts of coins

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The purge has started again, many coins wont survive. 3-4 years of accumulation again. Every time the cycle has been longer than before. 



 

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On 6/9/2022 at 10:44 AM, Felix the cat said:

Just to make sure this thread is alive.

 

Guys just do not give upon crypto.

This is the moment which we used to wish for.

Back in april 2021 whenever I saw those crypto price charts I always think of that ,if i had invested in -January 2021, i would be richie rich rich

I think that time is back again and it would be a big mistake to decide not to invest now .

This is an opportunity. 

 

Look at the price now dude.

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1 hour ago, eddy4823 said:

What a sweet time to buy. High risk high reward time.

high risk means you think this the end of crypto.I dont think this is the end.

I know this the time when many are scared to gamble theire money on crypto and those people can never make fourtune for themselves.

I know its difficult to make such decission at this point of time but according to me people should back off if they think its over now,and others who still see future in crypto,they would be fool if they did  not invest right now.

 

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48 minutes ago, Felix the cat said:

 gamble theire money on crypto and those people can never make fourtune for themselves.

You call it gambling yourself and then you say people can't make a fortune. You might be fully behind crypto but that doesn't mean people who aren't can't make money.

You can make a fortune from stock market too, only difference is time taken.

Edited by KunjanPSD
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4 hours ago, KunjanPSD said:

You call it gambling yourself and then you say people can't make a fortune. You might be fully behind crypto but that doesn't mean people who aren't can't make money.

You can make a fortune from stock market too, only difference is time taken.

crypto is a gamble for me but i  believe in it .

By 'People who dosent believe',i mean to say the people who scared to invest right now.for them it would be an immature move.

 

Edited by Felix the cat
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