I used to use coinbase but they don't let you buy and no longer accept sign ups. What are my other reliable options.
Also thinking of buying a cold storage wallet because "Not your keys, No your Coins".
Don't. Crypto investments make zero sense especially with the 30% tax. Plus the amount of scams and frauds going around has basically destroyed its reputation. They are also easy to manipulate as they are unregulated.
I only do BTC/ETH & I believe post tax returns will still be still very good & also Because I believe in it. My crypto portfolio is only 3% of my overall portfolio.But Thank you for your concern.
Well 3% shouldn't put a dent in your investments. But how are you going to send crypto to a new exchange or a cold storage? Don't the transaction charges eat up a lot of your investments?
The majority of coins are facing pump and dump schemes, recent bounce in bitcoin was because of a tweet from a hacked SEC account. After the SEC clarified whatever the tweet was, was fake, the market is going downwards since then. As for platform, I am trying wazirx these days and tried coinswitch. Coinswitch is not good enough to do regular trading. Also their exchange fee is high. And if you are into owning coins, wazirx allows withdrawing and depositing coins.
Time to invest in Cryptos is coming in next 3-5 months as we go near to Bitcoin Halfing. Wanted to ask these questions from the operational standpoint.
I used to invest in cryptos using wazix. But they stopped taking investment directly from bank account so switched to Coinswitch recently. Is it safe to invest using it? Thoughts.
I am investing 3% of my salary every month.
As an Indian what options do you have now? Especially if you don’t have such a large portfolio
What would you do after India bans International crypto exchanges? #crypto #advice
