Hello,
I assume you have all seen the fall of Bitcoin Under 10 000 $.
A FUD about India banning cryptocurrency and/of Bitcoin has been launched and people believed it so much.
Bitcoin in India fall Under 4 000 $ !
But do not worry, it is false!
What happened really then ?
The finance minister of India simply said that BTC is not a legal tender and that they will work towards curbing the use of BTC for illegal activities. In the same time, gouvenment will keep exploring blockchain technology.
So BTC and cryptocurrencies are not going to be banned, and if you are trading and paying your taxes, you are totally protected !
Don't forget the 3 rules :
- Do never panic sell !
- Don't invest all your money in 1 or 2 coins !
- Enter sell order immediately after you bought a coin !
Please use my referral link if you are not registered on Binance yet to support me!
Binance : https://www.binance.com/?ref=16986951
If you want to support, you can also donate :
BTC: 1Q8B6gjnQn5HKPUr2xT9khwjWHqr7V7UT8
ETH: 0x356f15d57f3d22c0323dae5179dca9e758887a82
agreed with you about the 3 rules but but authorities should continue to monitor for any violations of foreign exchange rules or of money laundering activities.
Yes I agree that authurities should continue to monitor!
We all want the world to change in a positive way, and blockchain may be a tool for that change.. So it got to stay as clear as possible !
This post has received a 8.70 % upvote from @moneymatchgaming thanks to: @rambino. Upvote this Post to Support the MMG Community on Steemit! :)
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