This is somewhat a ridiculous plan by the Indian Government which is synonymous to banning the use of pirated movies and music which of course is very
difficult task to do! Even the U.S. Government recognizes it as a very difficult task to implement and only promotes it adoption over time.
Well, I think Indian government are really ridiculous, remember, in the previous year they confiscated gold from their citizen. I think the government is only up to enriching themselves disregarding its citizens hardwork in acquiring these assets. Lucky I am not from that country, and the one I am living is friendly to bitcoin so I guess, it does not concern me much about what OP is telling us.
So , should you sell or hold onto bitcoins .?
All I know is if we all held onto our bitcoins , they won't be able to send each and every one of us to jail .. the supporters are actually a lot more than you could imagine.
I am holding onto my coins , what are you gonna do ?
Well, depends on the situation, as long as there is no immediate need for money, I will keep on holding my Bitcoin.