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The Market Maven
@SSPanwar93
Skilled day trader with a keen eye for market trends and precision execution. Specializing in quick decisions and smart risk management for consistent returns.
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Bearish
$SOL Waiting for a Short Trade... May be Solana again touch 176-165 USDT... Waiting for a clear direction ...
$SOL Waiting for a Short Trade... May be Solana again touch 176-165 USDT...

Waiting for a clear direction ...
$SOL Hello Friends ... Please Suggest your opinion
$SOL Hello Friends ...

Please Suggest your opinion
Solana Rises to 210
60%
Solana Decline to 170
40%
278 votes • Voting closed
$SOL and $ETH Almost at Target 🎯... Follow Me for More Technical Analysis Update.
$SOL and $ETH Almost at Target 🎯... Follow Me for More Technical Analysis Update.
The Market Maven
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Bearish
$SOL Hello Friends .... I guess Another Probability of fresh Selling for $SOL and $ETH ... Place your Trading Orders carefully

Be aware! Trade with Stoploss or adjust your Position according to sharp Decline or Sharp Rise Possibilities..

#HappyNewYearBinance
#CristmasMarketAnalysis


Hello friends... How was your trade ..
Hello friends... How was your trade ..
The Market Maven
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Bearish
$SOL Hello Friends .... I guess Another Probability of fresh Selling for $SOL and $ETH ... Place your Trading Orders carefully

Be aware! Trade with Stoploss or adjust your Position according to sharp Decline or Sharp Rise Possibilities..

#HappyNewYearBinance
#CristmasMarketAnalysis


May Be you are Right...
May Be you are Right...
sumuas
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Bearish
$SOL its gonna be down in 4 hours seems whales 🐳 are diving deep
Due to huge taxation I deactivate my CoinDCX account and shifted to Binance and I working towards to accumulate Sufficient Funds to leave India..
Due to huge taxation I deactivate my CoinDCX account and shifted to Binance and I working towards to accumulate Sufficient Funds to leave India..
TheNewsCrypto
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India’s ₹6,000 Cr Crypto Tax Loss
India lost ₹6,000 crore in tax as crypto traders shifted to foreign platforms.

Offshore exchange activity by Indians rose 77% despite government restrictions.

Reducing TDS and amending tax laws could recover ₹9,169–₹18,338 crore in five years.

India is losing significant revenue due to its current crypto taxes policies, as revealed in a report by the Esya Centre. The country missed out on ₹6,000 crore in taxes as crypto traders moved to foreign platforms. If the policies remain unchanged, India could lose an additional ₹17,700 crore over the next five years.

Why Is India Losing Crypto Revenue?

In July 2022, India introduced a 1% TDS (Tax Deducted at Source) on crypto transactions. While the intention was to regulate trading and collect taxes, this policy backfired. Many traders have shifted to offshore platforms to avoid that.

Between December 2023 and October 2024, Indian investors traded over ₹2,63,000 crore on foreign exchanges. Although the government blocked nine major offshore platforms in January 2024, only one has complied with TDS rules. Traders have also found ways to bypass restrictions using VPNs and alternative apps, leading to a 77% rise in activity on foreign platforms, compared to just 21% growth on local exchanges.

Steps to Fix the Tax Problem

The Esya Centre has suggested changes to make crypto trading in India more attractive and retain tax revenue. These include:

Lowering the TDS Rate: Reducing the tax rate to 0.01% could ease the burden on traders and encourage them to use Indian platforms.

Amending Tax Laws: Updating Sections 194S and 115BBH of the Income Tax Act to enforce tax compliance from offshore platforms operating in India, even if they don’t have a physical presence.

Simplifying Regulations: Allowing foreign platforms to register and operate under local laws could boost compliance and revenue collection.

If these reforms are implemented in the next budget, India could generate ₹9,169 crore to ₹18,338 crore in tax revenue over five years. This would not only strengthen the domestic crypto ecosystem but also prevent traders from relying on foreign platforms.

Creating a balanced and trader-friendly tax policy is key to ensuring that India benefits from the growing crypto market. With better regulations, the government can boost investor trust, retain capital within the country, and unlock the full potential of the crypto economy.

Highlighted Crypto News Today

XRP Becomes December’s Most Traded Altcoin on Binance Despite Recent Price Drop
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Bullish
$SOL Whole day's gain gets cleared in one hour.....
$SOL Whole day's gain gets cleared in one hour.....
Buy Spot or low leverage.... 4X hold for 4 days...
Buy Spot or low leverage.... 4X hold for 4 days...
ItsDaud
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Who is buying $SOL in this dip?

$SOL May be at 240 or near about 240.......
$SOL May be at 240 or near about 240.......
Book Scalping Short Position near 182
Book Scalping Short Position near 182
The Market Maven
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Bearish
$SOL Ride the Trend With Strict Stoploss....

There are many bots are trading without any human emotions ...
$SOL Ride the Trend With Strict Stoploss.... There are many bots are trading without any human emotions ...
$SOL Ride the Trend With Strict Stoploss....

There are many bots are trading without any human emotions ...
The Market Maven
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Bearish
$SOL Sell Solana .... A clear down Trend 📈📈
$SOL Sell Solana .... A clear down Trend 📈📈
$SOL Sell Solana .... A clear down Trend 📈📈
$SOL It can fall even more..... Trading with high leverage in highly volatile coins can be very dangerous. Your entire portfolio and the profit earned so far can be wiped out in a few days. So trade carefully and be patient. Control your mind so that you can take better decisions....
$SOL It can fall even more.....

Trading with high leverage in highly volatile coins can be very dangerous. Your entire portfolio and the profit earned so far can be wiped out in a few days. So trade carefully and be patient. Control your mind so that you can take better decisions....
Hello friends.. $SOL May be Dropped 10% more or Reverse. Please Suggest !
Hello friends.. $SOL May be Dropped 10% more or Reverse.

Please Suggest !
$SOL $BTC $ETH What is happening with crypto coins? If selling continues like this, many people will go bankrupt soon...... I think Some Recovery possible after this selling pressure..
$SOL $BTC $ETH

What is happening with crypto coins? If selling continues like this, many people will go bankrupt soon......

I think Some Recovery possible after this selling pressure..
$SOL How Many times I Warned People .. But Ok Market should Punish your greed...
$SOL How Many times I Warned People .. But Ok Market should Punish your greed...
$SOL As of December 19, 2024, Solana (SOL) is trading at approximately $208.67, reflecting a 3.86% decrease from the previous close. Recent price movements have seen SOL reaching an intraday high of $218.58 and a low of $199.23 Technical Analysis suggest that if SOL maintains support around the $200 level, it could resume its upward trajectory, potentially targeting previous highs around $230. However, a breach below this support may lead to further declines, with the next significant support level around $190-184. Given this analysis, traders might consider setting a stop-loss order slightly below the $190 support to mitigate potential losses. For profit targets, aiming for the $230 resistance level could be prudent. As always, it's essential to conduct thorough research and consider market volatility when making trading decisions. #SolanaUSTD {future}(SOLUSDT)
$SOL As of December 19, 2024, Solana (SOL) is trading at approximately $208.67, reflecting a 3.86% decrease from the previous close.

Recent price movements have seen SOL reaching an intraday high of $218.58 and a low of $199.23

Technical Analysis suggest that if SOL maintains support around the $200 level, it could resume its upward trajectory, potentially targeting previous highs around $230.

However, a breach below this support may lead to further declines, with the next significant support level around $190-184.

Given this analysis, traders might consider setting a stop-loss order slightly below the $190 support to mitigate potential losses.

For profit targets, aiming for the $230 resistance level could be prudent.

As always, it's essential to conduct thorough research and consider market volatility when making trading decisions.
#SolanaUSTD
Where did you enter in this trade... If You enter long above 214 than Close your position at cost.. Or Adjust your Stop below 184..
Where did you enter in this trade... If You enter long above 214 than Close your position at cost.. Or Adjust your Stop below 184..
The Market Maven
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$SOL As I Predicted Target Achieved within 24Hr....... Follow Me For more Trading ideas..
$SOL As I Predicted Target Achieved within 24Hr....... Follow Me For more Trading ideas..
$SOL As I Predicted Target Achieved within 24Hr....... Follow Me For more Trading ideas..
The Market Maven
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Bearish
$SOL I think that Solana will drop to 200 again....
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