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RE: Making Sense of Indian Finance Minister's Statement in Parliament—Cryptocurrencies Aren't Banned In India!

in #bitcoin6 years ago

The problem isn't that media is making a mess for crypto world. But people themselves are. Most of us are trading/investing in it emotionally so no amount of technical analysis will fruit. Few tweets about india banning crypto we all were in a rush to sell and that caused a massive panic selling making Bitcoin go around 2.5L or 4000USD in matter of minutes.
Many don't even bother to find the reason why it happened.
We need to be smart to avoid such FUD in the future.
As Crypto future in india is concerned i can bet it won't be banned.