Personally I as a crypto investor still love to trade cryptocurrencies. RBI asked banks to stop giving services to Exchanges because RBI was dissatisfied from the data provided by exchanges and it presumed Exchanges are doing malpractices. However, banning of Exchanges haven't impacted crypto trading in India much as expected.
People are still using P2P platforms to buy/sell cryptos. So even if Supreme Court gives negative verdict in September banning exchanges, there are still alternatives to trade cryptocurrencies because government so far hasn't announced banning of cryptocurrencies.

Agree. Until and unless, Ethereum community accepts Vitalik's EIP, Ethereum may never repeat history again. Who can forget the ultimate run of Ethereum in 2016-17 but if problem of inflation isn't solved it may never see $10,000.

One more thing, due to excessive daps development and ICO abuse, Ethereum blockchain is much more abused than Bitcoin's blockchain. So when comes to real world use as mode of payment, Bitcoin tends to overshadow Ethereum as ETH network is more prone to abuse and congestion.

Currently hardly 10M of the World population have invested in Bitcoin. Moreover among them big portion of total supply is owned by hardly 1-2K people. Other than those 1-2K people, rest are those who entered market via hearsay and don't own much Bitcoins. So Bitcoin market is still unpredictable as it could excessively fluctuate from the action of those Top 0.01% of the holders who hold more than 1-2K Bitcoins individually. So rather than estimating anything about future, we should sit back and enjoy the pumpy/dumpy game which these whales play and try to enjoy our profits through it.

PS: Everyone remembers how Roger Ver and team deployed flipping via Bitcoin Cash show last year using their 300K Bitcoins. The example is enough to prove what I am saying.

Maybe people finding the outlook of government to be negative for cryptocurrency in India due to recent ban from RBI but reality is different. Government is not planning to ban crypto at all. Owing to recent statements from Government executives, we can believe that government is supportive to cryptocurrency. It is sought to bring a detailed guidelines and regulations for crypto and it will be legalized to certain extent.

Source image: https://ibb.co/fm51m8

About fun, yes your theory is correct! But how you define fun? For me gambling is fun because you can win money without doing anything. In cinema we are offered content to watch for which we pay. But in gambling, there is no content, the sole medium of fun is seeing your bet winning.
For example, I bet a lot on Fifa World Cup ended few days back. It made my matches more entertaining and heart beating. But both in the event of winning and losing, I am not satisfied and still wanted to bet more. Hence even if we consider betting as fun, it still could lead to addiction because Fun is addictive on its own.

Using BTC/USDT could help you making small profits regularly from same amount of investment but there is one drawback. You couldn't get bigger return!
The most important reason why people invest in cryptocurrencies is dramatically high returns that people could earn. But stagnating investment by shifting it to USDT will make your investments idle for longer than you thought and you may miss bigger opportunities and settle for lower profits more often.

Although you expressed your thoughts in very weird manner but I do understand what you trying to say. Yes, I agree. 95% of the crypto market is nothing but the outcome of manipulation and speculation. Most of the crypto investors are nothing but the herders who start buying cryptocurrencies when price rise and start selling when price falls. It has given immense power to whales or big holders to drive market according to their wish. I strongly believe crypto market doesn't have maturity usually required by investment markets.

Let's evaluate the different options:


Bond is a form of commitment where a party using it commits to return fixed percentage of return to investor after a fixed period of time, usually issued by some reputed authority like Government and Banks. However, ROI is not 18% in most of the countries, it is usually around 5-6% and consider as Risk-free return. Considering inflation rate, investing in bonds is outdated form of investment in 21st century.


Gold is no longer as shiny investment as it used to be around 10-15 years back. In last 2-3 years, there is hardly 7-8% annual return from Gold. Also, due to its fluctuating behavior, always ready to expect losses.


Real Estate has a problem of divisibility. Not everyone is aiming to invest in hundred thousands. Although, real estate could give 200-300% return over the course of 4-5 years but still it is better to invest in this sector via Mutual Funds rather than investing whole of your own money.


Well, everyone here is smart enough for Bitcoin.

Bitcoin Rise is always due to some positive news in the market that creates hype and currently it is due to the proposal of Bitcoin ETF. But if we look previous trends, once Bitcoin shows such surge, it doesn't fall by similar percentage if news turned down. In other words, even if the proposal of ETF gets rejected, we can still hope that Bitcoin rally will continue. This is natural tendency of crypto market, once a coin rises, it takes 2-3 leaps without losing much in falls. So we can expect Bitcoin to cross $10,000 in next 10-12 days period.


Ethereum Classic is very safe coin. We can regard it as traditional security among dynamic crypto environment. Whenever BTC falls, other coins follow it and fall relatively equal or more. But on the other hand, ETC doesn't decline much, it has tendency to maintain its price both in USD and BTC.

There is no where written that person needs to hold Bitcoin if he is crypto enthusiast and earn via it. Everyone has his/her own needs and has to make up strategy accordingly. I personally don't enjoy keeping Bitcoin, I hardly hold between 0.05 - 0.40 for urgency. Other than that, I love to enjoy market risks by hedging, spreading, dividing my money into different securities. I am from Finance background and it is kinda fun tracking each of your security, estimating returns, shifting money from one security to another, etc etc. As of now, I have money in around 120-125 cryptocurrencies along with Mutual Funds and Stock Market. So every person is  independent to make his/her financial strategy. You shouldn't worry the present hike in BTC price, every coin shows similar roller-coaster ride throughout year, no wonder.

If any government believes that cryptocurrency could be regulated then consider it be Hoax! You may regulate a wallet, exchange, forum, chats and take data from them but you can't regulate blockchain.

Blockchain provides such invincible technology that no outer force can harness it. Every data on blockchain is Pseudo-Anonymous. Though it could be tracked upto certain degree using Hash or Transaction ID but real identity could be easily hidden in blockchain.

This is a half truth buddy. Banks aren't closing accounts of every trader. RBI had notified banks that they are no longer allowed to provide any service to individuals and firms engaged in the commercial business of crypto trading. This definition includes only exchanges and other allied service providers.

Individuals selling their holding or buying from another holder are not included in above definition and they can still continue to buy/sell cryptocurrencies without any restrictions except the fact that they can't use exchanges for that.

True! I tried margins many times and mostly the end results are negative. Following pump/dump groups, tracking news, investing prior to airdrops, etc etc are the example of hundred of cases where margin trading is nothing but just a gamble!

Alternatively, crypto investors should act smartly and should manage their money with diligence. We are blessed that we have thousands of coins to invest in hence there is no deficiency of choice. All one requires are   deep insights, thorough understanding, reasonable expectations and lengthy investing period. Coin will surely give you return, maybe not 3-4x but surely around 10-30%.

I came to know about Bitcoin for the first time 4 years ago but I was student back then and didn't get enough money to invest in it. It used to worth $300-500. Then I started earning and collecting some coins, mostly Bitcoin but my first break-through was Ethereum. Back in May 2016, ETH used to worth $8-12 and I was introduced to it by one of my friend. I am from India, there was a good Bitcoin exchange named btcx-india (not functional now) back in 2016. They started another site named as ethexindia from Ethereum and I bought 20 ETH  investing something around $215 in Indian Rupee. After few months ETH became rage and almost everyone was just talking about it. It rose to $80-90, I was very happy but it again took a dip to $20 and I sold somewhere near $25-26. But again after few months, it touched $300 which further steered up to $1200 last year. So yes, long holding do give results. However, you need to be unaffected from dips and remain patient. The moment you lose your patience, you may end up getting 100% profits like me instead of 4000% which could be life changing.

However, in these days it might not possible that any new coin can follow legacy of BTC or ETH but everything is possible in crypto world. You just need to find that gem and wait for it to season and shine bright!

World Top 5 Economies:

USA $20,400 Billions, China $14,000 Billions, Japan $5,100 Billions, Germany $4,200 Billions, UK $2,940 Billions
Total: $46640 Billions

Cryptocurrency MarketCap: $300 Billions (This is also fictitious data and real spread is too less than this.) 

So when we compare two, Worldwide Crypto Economy doesn't even contribute 1% of the Top 5 Economies. It is still too soon to predict any impact of cryptos on World Economy. In reality, cryptos are still not contributing anything to World except income alternatives to few thousands people and crowdfunding to few hundreds of project. On the same note, the most disruptive technology of 21st century 'Blockchain' is still underdeveloped and future is also not looking any good when most of the countries are against cryptocurrencies & blockchain. Even the insiders aren't much concerned about developing it, they are just aiming to make money and spamming blockchain rather than contributing anything to it.

Coinbase needs complete KYC verification before individual can start buying/selling cryptocurrencies. Moreover, anything bought on Coinbase is stored on web wallet which means individual has no control over assets, he is just representative owner.
Buying Bitcoins from acquaintances could be handy but it is not always possible to find person around you who is willing to sell exact amount what you are willing to buy at the same time. Hence this create problem of Double Coincidence of Want. Better solution is Peer-to-Peer Marketplace. LocalBitcoins is the oldest P2P platform however I never used it so can't give review. I occasionally use Remitano and can give thumbs up to it. Remitano doesn't require any kind of verification except email confirmation. It also provides various way in which fiat could be transfer so it is safe and quite anonymous at the same time.

True! I have seen many countries like Poland and India which are insisting exchanges to halt their operations instead of nationwide ban on crypto. Hence people are using other options like selling them on P2P platforms, buying commodity from other countries, etc. This enables them to escape any taxation imposed by such countries. We can say this is to be shortsightedness of the governments, instead of appointing committee of professionals which can prepare right regulations and reports for cryptocurrencies, they are taking arbitrary decisions and thus losing themselves.

What I think Zebpay is aiming to move its operations outside India and turn into International Exchange. Almost all the notable Indian Exchanges have given updates and future plans to counter fight ban. Few are turning into P2P platform, others are trying some other ways out. But Zebpay on the other hand didn't give any such updates since it closed Rupee withdrawals/deposits. Hints are clear, Zebpay is ready to leave Indian market and we may never exchange crypto to INR on Zebpay ever again. Pity!

If I talk my experience with Masternode coins so far, I won't recommend investing in them. Investing in ICOs and/or established coins are much better investment modes than buying PoS coins. The first and basic reason is market size. No PoS coin having masternode is among Top 50 cryptocurrencies according to market size hence the price of such coins fluctuate too much due to pump/dump. So on one side you think you making fixed income but on the other side you losing relatively bigger due to value loss. Secondly, the return on PoS coins is too low, earning 0.5-3% daily is too low if we compare to fluctuation in crypto world.

There are hundred of threads discussing this. You can search Economics section and get answer to it.


Even if everyone start using crypto, it is not possible that whole of your money could be tracked. You can send Bitcoin (let say) to someone and the other person can send you Bitcoins on your new wallet, whole money is revolved. This is what Bitcoin mixers do. It is impossible to track which address is owned by whom unless you using some centralized wallet service like Coinbase. As far as you create new address for receiving every payment and own private key of those addresses, no one can know how much you hold.