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Cryptocurrency is not like Indian stocks which fluctuate only 2-4 percent up or down. Keep in mind that if you invest in crypto, you can lose up to 50% of your investment in a single day.
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The future of cryptocurrency is certain, but no one can say for how long, so make sure you do your research before investing.
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Keep in mind that due to Finance Minister Nirmala Sitharaman's favor, crypto is treated like gambling in India. So if you earn 50 rupees, you will have to pay 30% tax on your earnings.
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There are currently over 5000 cryptocurrencies, but only 50 or 100 of them may be useful to you, so make sure you thoroughly research the project before investing.
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