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🇮🇳 INDIA Crypto Developments (2013-2024) ➜ 2013: RBI issues an advisory against cryptocurrency ➜ 2017: The finance ministry said that #crypto is a Ponzi. ➜ 2018: RBI issues a circular banning crypto ➜ 2020: The Supreme Court overturns the RBI's crypto ban. ➜ 2021: The government reiterated its plan for banning and prohibiting cryptocurrencies. ➜ 2022: The Finance Minister announced a 30% tax and 1% TDS on crypto assets. ➜ 2023: The Finance Minister calls for global crypto regulation. ➜ 2024: The Indian government banned foreign exchange URLs and removed them from the App Store. ➜ 2024: #Binance became FIU-compliant. If you compare this with US crypto developments, India is still where the US was in 2013. India needs to act quickly; otherwise, they'll be left behind. #reducecryptotax
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Crypto is not only about technologies. But also about the attention. To be a good investor/trader, you should know how to identify narratives And predict where the focus will go in the next week, month, or year. Those who already have this skill might have caught these waves: ➬ Memecoins(the best performer - Bonk, +3,072%) ➬ AI(Render, +3,560%) ➬ RWA(Quant, +3,567%) ➬ DePIN(Bittensor, +108,521%) ➬ Gaming Not all of them got +1000%, but for sure they made x2-x3 of their portfolio. So, what's the next step we can take after understanding the importance of narratives? LOOK FOR THEM. ➬ Check in Twitter, about what token people talk the most ➬ Look at categories in CoinMarketCap ➬ Watch some YouTube videos ➬ Check about what crypto news websites write Just be in this space, talk about it, and always be updated on the current market situation. That way you won't miss the next huge narrative 📢Disclaimer: The information provided here is for general informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments are subject to market risks, including the potential loss of principal. Past performance is not indicative of future results. 🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. #Binance #bitcoin #Web3 #ETF
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Breaking 🚨🚨 The EU’s securities watchdog is considering adding #Crypto assets to investment products. The mutual fund framework UCITS is worth €12 trillion, or $𝟭𝟮.𝟴𝟴 𝘁𝗿𝗶𝗹𝗹𝗶𝗼𝗻. This is so bullish, and the #BTC price didn't pump even a bit. This shows the state of the market.
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Exactly 2 years ago, UST depeg started. 2 cryptos out of the top 10 with a combined market cap of $60 billion went to zero. $BTC, $ETH, and every other altcoin crashed by 20% or more. I was still here and saw people's generational wealth evaporate. I lost over 7 digits too in this crash because of greed. People called it the death of crypto, but it's still here. Bad actors and projects got flushed out, new ones emerged, and BTC went on to make a new ATH two years later. The lesson here is that Never become too greedy. Believe in crypto, as it'll always rebound.
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