Hey Guyz,
So finally indian Govt. announced bitcoin as illegal currency. And they will take action against individuals who will invest in it.
So what should Indians do at this time?
Should they sell their cypto before its too late, or wait if future hold something good for them.
Or if they donot sell then will it be safe to do transaction or use exchanges in india?
Or is there any alternate way to sell crypto without attracting Govt attention?
I wont believe you unless you give a link of your source. because as far as i know there are still no law or rules that government of india makes bitcoin illegal to trade in their country. but if this is true there is no reason to sell because bitcoin can be traded without using centralized exchange. indians can just do what chinese investors do, trading through over the counter. it is a peer to peer trade so no one will know that you have a transaction using cryptocurrency.