Bitcoin has been in existence from 2009. May be more than that but what I am writing here depends on data available online. It was primarily developed to question the financial institutions as a payment system. Regardless of its short coming it has evolved as one of the favourite investment options among millennials. This is why everyone in India should invest in Bitcoin regardless of their age, gender and religion.
1. You never lose until you leave it.
2. Everyone from the middle class has money invested in MF or Stock market, why not in Bitcoin?
3. We spend so much money just for showoff, why not spend it for real gain?
4. We believe in savings, why not believe in risk taking?
5. Our lifestyle as a middle class support us to spend money. Why not support it to gain more?
Do you think these are a valid points to change our outlook? If yes then do comment if not then tell me the reason?
I don't think you need reasons to invest in bitcoin, today things have changed entirely, a person who is not investing in cryptocurrencies is actually losing on an opportunity for the lifetime that is how I put it, and eventually every Indian is realizing this, it's just the drama from the government that is creating some hindrances for the people and stopping them from investing into crypto, once these legal uncertainties around cryptos go away people would eventually flow in, moreover after some recent crashes in stock markets too people have realized that even stocks aren't that safe so if you are taking the risk then why not go for the ones that can give you higher return.