Why people buy crypto?
In present economic scenario, there aren’t many attractive investment options. Interest rates have fallen sharply across segments, bank deposits have turned unattractive to the investors. Similarly, high volatility and a dull economic environment have made real estate, equity and mutual fund investments unattractive for HNI investors.
All these factors have prompted many investors to dabble in crypto markets.
What if crytocurrencies are banned tomorrow?
Unlike many European countries, India doesn’t have any regulation for trade and investment in cryptocurrencies. Rather, the Reserve Bank had banned all the banks from dealing in cryptocurrencies in 2018, however, the order was overturned by Supreme Court.
Lack of any regulation would mean that crypto investors are at high risk, if the government decides against cryptocurrencies in India. Tomorrow, if the government decides to ban cryptocurrency market and assets in India, all those holding it will get a sudden shocker.
I want this bag ,if it quality good ,i will refer to others also
When i will get