A big no for any Bitcoin investment broker, rather learn trading or buy at low and sell at high because Bitcoin and crypto market are not share markets and regardless of predictions from the experts market goes the other way around hence it's better to manage our portfolio on our own, there cannot be a proxy for crypto currency ever due to its highly unpredictable and volatile nature.

This is not new as there will always be correction periods and fluctuations when it comes to crypto/Bitcoin market. We cannot term this as end of bull run or start of bearish market. We have seen numerous such fluctuations wherein it hardly takes few days of week for bitcoin to recover the value, I would request you to remain calm and don't be a panic seller and keep yourself updated with all the price alerts to make sure atleast you don't lose further money from your daughter's savings. Bitcoin will pump up and achieve $20k by the end of this month.

Yes, had it been a reasonable amount of tax it would be fine but 30% is way too much and this will definitely put the investors at vulnerable situation and slow down the adaptability rate of bitcoin in India. If India successfully imposes tax on Bitcoin then other countries will follow the same and cause huge damage to Bitcoin.

This will be a huge loss for centralized exchanges as people will stop using centralized exchange as KYC is the only way to track Bitcoin investment which government would use to track the users.

Yes, I am aligned with you about the observation which you have shared because it's really risky to trade at peaks because there are higher chances of losing capital investment if the market drops down. This should not be bothering you if you are a long term investor but for a day trader or average investor this will be a major blow to deal with, Bitcoin has to cross the mark of $20k by breaking the barrier of $19000 to $19750. Once Bitcoin crosses the mark of $20k we will have more investors pouring money.

It's better to monitor the live market and make decisions about trade within fraction of seconds while reading at peak to avoid shocking loss.

Yes Bitcoin is indeed digital currency but the most important thing about Bitcoin and any crypto is the fact that the users have complete control over their funds and there is no third party involved (like bank and financial institutions) unlink fiat, we don't have to pay huge commision or fees for tranfer of funds across the border. But some noobs think Bitcoin is like gambling which is not true as it requires lot of research and market insight to earn in bitcoin.

It's absolutely ridiculous to tax people on their profits out of bitcoin investment and how can they do it as it stalemate sort of think for crypto in India wherein nether they have termed it legal nor illegal, even if they want to tax then on what basis they are going to decide the tax amount as investors might not just store his fund idle, whether profit or loss the user will keep reading or shifting to different coins wherein they cannot accurately decide a taxable figure and this will lead to chaos.

If the source is true then Indian investors have to find an alternative or just switch to DEX as Indian government might impose tax of 30% on gaina from Bitcoin investment. I don't think this will work and even if there is a tax bracket it should be much lesser because Bitcoin and crypto are not like any other business as people might end up losing their capital in crypto investment. I think government shouldn't be rushing to tax on crypto without understanding the concept of crypto as taxing on gains would be like a planned extortion.

I don't have any doubts about the family transacting only in bitcoin for 4 years if they got lucky during 2017 bullrun and they took risk of liquidating their asset including some of basic stuffs which paid them back. But I don't think it's possible due to the current price of bitcoin. There are so many other individuals who have been benefited in similar way so there is not even a bit of doubt which could cross my mind.

I have always earned my Bitcoin by working on this forum through signature campaigns, offering services like telegram management or bounty management as most of the bitcoin's I hold are result of daily investment made towards gold. It's better to earn Bitcoin rather than buying.

You might find 100 different article about this case hence don't be quick to judge crypto market with just one article, try to get into the crypto domain gradually as knowledge is everything here but unfortunately most us go by few article and get carried away to follow the same instead of doing a proper market research as crypto is the future.

A single article cannot decicide your llan azû

Even I have noticed that the value of Bitcoin has only increased in last few months and we should consider $25k as bitcoin's new landmark and if it achieves $25k before end of this year then we may assume further growth of Bitcoin because last bullrun started to decline during January 2018 post massive pump during December 2017 but this time the driving factors are different than last bullrun. We might see less panic this year and altcoin might or might not see a bullrun looking at the current market condition.

Thats horrible, which country you are talking about because now Bitcoin restrictions on Bitcoin has been relaxed in most of the countries, I would advice you to use a trusted VPN to avoid your government from tracking you but it's really sad to see how some governement are behind Bitcoin and harassing their own tax payers. Using VPN might not give you immunity from government's crackdown hence if you really wanna use Bitcoin or crypto and fully committed then shift your base to a crypto friendly nations like Malta or Estonia.

I don't think they would be someone who work 9 to 6 or from working class people but rather they would be rich businessmen who are already settled in life but wants to be ultra rich and control the market thus they cash ina nd out a huge amount of money to change th market flow as per their benefit. Mostly whales would be politicans and businessmen but sometimes it might be someone anonymous who has massive wealth.

Everyone will think of same but it's not as simple as it looks because market doesn't go as per our wish or prediction because most of the bull run and bear market have taken place when it was least expected, it's really difficult to guess the breaking point or rock bottom to cash in or cash out. We can just go with the flow and make multiple trades based on market situation.

This proves that a corporate or institutions can never be a well wisher of bitcoin and they will never get into it unless it's profitable for them, what's the point of having Bitcoin when you cannot transfer it to any other walletas this will make Bitcoin just like any gift voucher which cannot be used anywhere apart from one site or source. I think we should be really careful atleast from now o warda as we might see some other organization might try similar step while we will be lost in broadcasting about their news stating it would benefit Bitcoin but it's the organization which will be the real winner.

Bitcoin will either have more surprises for us wherein might reach unexpected figure which we might have only seen in predictive posts which we consider impossible ad of now, or else Bitcoin will go through one kore bearish market without further growth as only market situation will decide that.

I have come to s conclusion that the market cannot go on at current pace as Bitcoin and crypto are volatile here would be much more to witness once Bitcoin breaks $20k or else drop down below the resistance figure of $16k.

What's your opinions?

Honestly, this is not the right time to buy, you might have to wait for couple of more weeks in order to see how the market fluctuates. This is a very crucial stage where an buying or selling is not recommended but if you ask someone who has already invested in Bitcoin then the value was under $10k or $15k and your someone who is in desperate need of money then it's advisable to sell off before he market turns bearish but buying bitcoin at this moment would prove fatal.

We shouldn't use VPN while accessing out wallet or any other important data like private keys, pasword and all because there is no guarantee that they would not store your data since all your data wand inputs will be passed through VPN instead of service provider directly. Unfortunately, people from some country has to use VPN due to restrictions on crypto by the relevant authorities as user are scared they will be tracked if they don't use VPN but VPN poses a greater threat to your data which which you access through VPN.

We have a decentralised VPN project named JACS which would possibly be better and relatively safer compared to other VPNs

I have been aware of bitcoin from past 6 years and I would say it has been a passive income as well as a boon for me at the time of need even though I missed out early investments but I had bitcoin's earned through signature campaigns which I couldn't exchange at that point if time due to inferior value which laster turned out to be a very profitable during 2017 bull run. I wish I would have invested into Bitcoin when it was new, but nevertheless it has improved my standard of living and now I don't need to pay huge fees for money exchangers if I have to make cross border payments.

This is just my experience which might vary from those who invested at peak and did panic selling as they Amy either consider it as a lesson or curse.

There is a reason rich elites invest into Bitcoin and it's because of anonymity and moreover we cannot track users whoever invest in bitcoin regardless of rich or poor which is not the same case for fiat. It may be some famous personalities like celebrities or sportsperson, business tycoons, politicians or else bankers themselves, but we cannot track them as this is the advantage of decentralisation as regulators cannot indulge in your crypto assets.