Because this is the future of everything.
->this will be the future currency of the world including your country. Payment of all category viz. e-commerce, fee, education, travel, medicine and others done by using these. It tends to bring a DECENTRALIZATION in the world.
these will be the currency of every different projects, ideas and other businesses. Ex- if you want to go to mars, there will be different currency for this, you can swap into these currency if you have other currency instead, for internet of things, memes projects, internet projects, metaverse projects and many others. The team of a particular currency always trying to boost project aim for which a certain crypto currency came into existence.
->provide more freedom of making money. Up till what is happening, in share market, commodity, mutual fund or other kind of market, its only up to small possibility of getting four to ten times or more in a big span of time. But its the crypto currency made it possible, five lakh times of return in so small span of time.
if you are interested a bit into cryptocurrency affair, you must heard of people becoming rich because of crypto. Alone bitcoin can say itself many stories, another one is shiba inu.
->Due to India’s affair over crypto, the value of most of the coin has gone down from last some days which offer you the right time to invest into it.
India not going to bring any hard regulation against crypto and showed many supportive hints toward crypto market. Some of the regulation may against it but nevertheless it would be beneficial to Indian exchanges. That is , regulation will be either more favorable to the international exchanges or to the Indian exchanges. There is a possibility also these regulation would be favorable to both kind of exchanges.
Finally we reach to point of tax imposed on crypto transaction. Tax is like 1% charge over each transaction as TDS and 30% flat cut over profit earned. It can not be said right and good for crypto traders and investors. This can be said an open loot through tax regime imposed over crypto. Nevertheless, I can say, this regime will not work for them.
If they think, people now avoid investing, trading in crypto, this is not possible. Youths know the importance of crypto and role of crypto in future world’s economy.
What will the youths do, they do, leave the trading, start investing in it, and would out of their investment until this regime changed as it is certain absolutely to change this tax regime in future.
Note : this is my opinion not an advice, so if you find it suitable for you, before investing, make your own research over it and also invest as low as you are ready to loss. Because investment in crypto currency is very risky.
The way I would like to invest : –
- taking this investment for long time i.e for 5 years to 10 years, assume you are ready to invest about Rs. 10000~$125-usdt
- Half of it, invest into your local exchanges and the other half into the international. Ex-> Half into the Indian exchanges like wazirx, coinDcx, coinSwitch etc. and the other half into the international exchanges like hotbit, bianace etc.
- Over the international exchanges, you will find easily the smaller coins with huge possibility of gains. The coins like eCash, lovely inu, bbeth,lol, obrok, dogezilla,shinnoshouke and other are as small as in price, you can buy crores of them by investing $1 only. Thus you can buy hundreds of cryptos with small investment. The number hundreds may fetch high possibility of gain along with low possibility of loss.
- If you want to increase your investment in some selected cryptocurrency, on each dip you can add investment to your favorite cryptocurrency.
Before using this strategy, make an analysis yourself. It covers more number of coins, high possibility of getting a pump in coin by the next 10 years. Not all but few of them can make a huge profit.
Go and Register with WaziX a Indian Exchange.
Go and Register with Hotbit a International Exchange.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been posted. For those who have not already read our disclaimer on safety in the jobedu it is crucial to reference the following items, On BSC Guide and fund management guide on bsc.
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