Cryptocurrency future in India

[emutronofficial]

Hello Community,
I see many people from India getting involved into Cryptocurrencies recently.
However because of lack of knowledge and rumors, many people still prefer to stay away from Cryptocurrencies in India.
Government has not given green signal yet, that could be another reason.
what could be more reasons you people think?

[mulukey]

Hello Community,
I see many people from India getting involved into Cryptocurrencies recently.
However because of lack of knowledge and rumors, many people still prefer to stay away from Cryptocurrencies in India.
Government has not given green signal yet, that could be another reason.
what could be more reasons you people think?

Advise those who want to enter this market to study and learn the basics of the market before deciding to invest in anything in the cryptocurrency market. Remember you can only succeed when you have the knowledge that this market is not as easy as the successful people are leading you.

[Yaunfitda]

Hello Community,
I see many people from India getting involved into Cryptocurrencies recently.
However because of lack of knowledge and rumors, many people still prefer to stay away from Cryptocurrencies in India.
Government has not given green signal yet, that could be another reason.
what could be more reasons you people think?

Well if we could tap just a small percentage of that huge population, I think bitcoin will take off. However, it seems that the India government is still not decided whether to accept or ban or just put regulations. Too early to say.

But there's news that 2 trading exchanges ceases its activity because of pressure from the government. Good thing though is that its just a minor one and the big trading exchanges in India is still normal in its operation.

Yes, its not given the green signal but we are all hoping that they will listen to its people and accept bitcoin or crypto in the future.

[belyaevi]

Hello Community,
I see many people from India getting involved into Cryptocurrencies recently.
However because of lack of knowledge and rumors, many people still prefer to stay away from Cryptocurrencies in India.
Government has not given green signal yet, that could be another reason.
what could be more reasons you people think?

There had been a number of online scams in India in the recent past. Recently a man operating a click to get paid website was arrested and he made more than 30 crore INR through this scam. When Indian people hear about bitcoins, first thing that comes to their mind is that this is also a scam.They are trying to judge bitcoins based on those past experiences and are not ready to invest. Sometimes media also keeps releasing negative news related to bitcoins in India. Most of the news is fake just to get more viewers but it affects the future investors.

[RoftheN]

I think Indians are getting involved in cryptocurrency much faster now. I have many Indian friends who are in crypto. I hope government of India doesn't ban cryptocurrency.

[kirana08]

India crack down on cryptocurrency assets
The latest trigger of the wave of sales of cryptocurrency is the speech of Minister of Finance of India, Arun Jaitley,
i am pessimistic cryptocurrency will develop rapidly in india.