Then I am like how the hell someone claim as crypto investor without even knowing what is bitcoin, then he said he bought some memecoins that is popular with the tap trend.
This is why we need this section to be strong enough to teach the next generations of Indian crypto adopters that bitcoin is the one and only and that any other coins other than bitcoin is a farce and will lead to losses no matter what the owners of that coin say.
We have been on this train for years and have gained that experience through observation and for some of us by investing and losing money on such things.
Bitcoin till date, has never given us any loss whatever be the price we got in at. But the Indian exchanges are not making things easier but making them more difficult to trade crypto - taxation and KYC.
I think that our state is doing everything to make us pay taxes on our capital gains as happens in most countries, I don't mean that only India tries to make money but it knows well that we Indians are very capable of making money on new things and He also knows that many of us have been in the crypto world for years