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Bull run in India?Hi,
Fellow Crypto Enthusiast, what are your Plan for this Bull Run? Any price targets for selling or buying? Also how are you planning to sell if you are?
Or could be Vice versaDate: 16-06-2025
Time: 12:15:30 PM IST
1 BTC = USD 47510.00.
Hail Bull Run..... Those who think Trump will bring it to higher side are living in fool's paradise. Even if it becomes 2L USD, all you get is 2X return while in some stocks you can easily 2X-5X you investment if you identity with full conviction and also without that much volatality although from stock markets I am out since Sept and will remain out till next year March 2025.
P.S: Never invested in Crypto. Never will. If you think crypto is future then trust me your future is dark. A currency that is not backed by a phsyical enitity like Gold or per say USD is not a currency. As I always says, Bitcoin is the biggest Ponzi scheme ran in this 21st century. In year 2050, people will talk about BTC scam that ran between 2010-2035 and there will be lessons in business school that will teach the same old saga because whether 18th, 19th, 20th century we will have stupid in all times.
There are methods to save taxes.Bull run in India?
Everything is taxed, I think at 33%. So it should first breakeven and then go above it to be called a bull run
There are ways to save taxes especially if amount is big, like buy Gift cards such as Amazon pay and use for everythingFor crypo investors in India, it's more of a bull (s**t) run due to the taxation involved.
Bro, DM exactly howThere are ways to save taxes especially if amount is big, like buy Gift cards such as Amazon pay and use for everything
Biggest Ponzi scheme of 19th and 20th century are Banks.Date: 16-06-2025
Time: 12:15:30 PM IST
1 BTC = USD 47510.00.
Hail Bull Run..... Those who think Trump will bring it to higher side are living in fool's paradise. Even if it becomes 2L USD, all you get is 2X return while in some stocks you can easily 2X-5X you investment if you identity with full conviction and also without that much volatality although from stock markets I am out since Sept and will remain out till next year March 2025.
P.S: Never invested in Crypto. Never will. If you think crypto is future then trust me your future is dark. A currency that is not backed by a phsyical enitity like Gold or per say USD is not a currency. As I always says, Bitcoin is the biggest Ponzi scheme ran in this 21st century. In year 2050, people will talk about BTC scam that ran between 2010-2035 and there will be lessons in business school that will teach the same old saga because whether 18th, 19th, 20th century we will have stupid in all times.
People kinnda love and trust the Printing machines that Govt hold.Biggest Ponzi scheme of 19th and 20th century are Banks.
Without its million regulations and a sovereign guarantee, they are just that, a well run Ponzi scheme.
But I get the most important point.. BC can go may be 2x or 3x. Many stocks can and will go much higher to the moon.
Use Bitrefill and kinds, nothing secret about it, they have quite a collection of GC for India, do not go over board and you are good to go until you have enough for a year(6 months plus one day) needed in dubai to cash out.Bro, DM exactly how
What?Use Bitrefill and kinds, nothing secret about it, they have quite a collection of GC for India, do not go over board and you are good to go until you have enough for a year(6 months plus one day) needed in dubai to cash out.
Right bro.Biggest Ponzi scheme of 19th and 20th century are Banks.
Without its million regulations and a sovereign guarantee, they are just that, a well run Ponzi scheme.
But I get the most important point.. BC can go may be 2x or 3x. Many stocks can and will go much higher to the moon.
Yeah seems like someone got rugged pull by investing in a Shitcoin.Right bro.
You may not have read my previous posts regarding bank. I always call BANKS - The Biggest Legal Scam of previous centuries ever pulled. But atleast our money is backed by some kind of Sovereign guarantee here although upto 5L in insured. Then you have Govt schemes that are 100% backed by sovereign guarantee and no matter how big time it will take you won't lose anything there as atleast you have papers to prove and get your right.
But with crypto you have nothing being backed up. Nothing to show as proof. It's like they shut their PC or server and all you have is CRY in your life and left with PTO i.e please turn over to next chapter of life without money. Banks can make a thousand poor but this crypto will make millions penniless. If you think of it as a stock market even then you are wrong as stock are backed by promoters and something material although it can become zero but atleast you always get time to exit. Stocks can't be stolen like crypto.
Apne life ke 2 hi Funda. 65% in FDs/Govt schemes like PPF, SCSS, PostOffice FDs etc. and 30-35% investment assets incl. stock markets, gold, bonds, land.
Well if you got 10 crore plus to cash out, go get a company setup in Dubai, sell your crypto, transfer to Indian accounts and you got tax free income, only condition is you should ve out of Indian for at least past 6 month plus 1 day.What?
I need to go to Dubai to cash out?
No Mandal babu can deal 🤝 this. See his profile postWhat?
I need to go to Dubai to cash out?
I know you didn't ask, but you need to put bonds with FDs/PPF etc,Apne life ke 2 hi Funda. 65% in FDs/Govt schemes like PPF, SCSS, PostOffice FDs etc. and 30-35% investment assets incl. stock markets, gold, bonds, land.
Yeah those who never invested in crypto got their rug pulled. Very nice. I shared my prespective. Didn't even cared to reply to you specifically. A reply to your topic doesn't necessararily meant it was for you. @HumorSimpson tagged me and I shared my view with him. Anyways, I never expect sane voice from Gen Z craps.Yeah seems like someone got rugged pull by investing in a Shitcoin.