Is Bitcoin Banned in India? Right or Wrong Interpretation?

in #bitcoin6 years ago

Wrong Interpretation : Bitcoin is Illegal.

Correct Interpretation :
Bitcoin can't be used as legal tender. Bitcoin can't be used for illegitimate activities!

Read Carefully and try to understand it perfectly. Example, if Bitcoin drops even to $8k or $6k levels, you don't need to panic and don't sell any of your Bitcoin or Altcoins, because when Bitcoin is done with its downtrend, Altcoins will rise & when Altcoins rise, your Bitcoin will get double/triple.This way you'll have more Bitcoins in coming weeks/months. Then again Bitcoin will rise. So you'll be in huge profits.
Remember Stock Trading and Crypto Trading should be done with Intelligence, smart Mind, wise thinking and not with emotions and distress!

Don't believe in Rumors. Beaware of media fud it always talk negative about Bitcoin for their own TRP'S.

image source

Sort:  

U5duCeSF2HZ7b9J76XaSeRjWWMeY6NE_1680x8400.jpeg

Nice post

I completely agree. No emotions.
These events are even beneficial for us. If bitcoin falls to $ 8000-6000, it will be reasonable for them to purchase.

Absolutely correct article. People should look behind the headlines.

Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.033
BTC 63745.68
ETH 3137.71
USDT 1.00
SBD 3.86