Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
We want to connect the people who have knowledge to the people who need it, to bring together people with different perspectives so they can understand each other better, and to empower everyone to share their knowledge.
it's not all bad, but it’s wild out there. no rules, lots of hype, and way too many rug pulls. unless you're careful or deep in the game, it’s easy to get burned.
it’s not all bad, but it’s wild out there. no rules, lots of hype, and way too many rug pulls. unless you’re careful or deep in the game, it’s easy to get burned.
See less
Okay, so cryptocurrency is basically digital money, but way cooler than the cash in your wallet. It lives online and uses something called blockchain tech to keep things safe and secure—no banks, no middlemen, just straight-up peer-to-peer vibes. Think Bitcoin, Ethereum, or even Doge (yes, the memeRead more
Okay, so cryptocurrency is basically digital money, but way cooler than the cash in your wallet. It lives online and uses something called blockchain tech to keep things safe and secure—no banks, no middlemen, just straight-up peer-to-peer vibes. Think Bitcoin, Ethereum, or even Doge (yes, the meme one). You can buy stuff, invest, or just HODL and hope it moons 🚀. Just remember, it’s wild out here—prices go up, down, sideways—so do your homework before diving in.
It’s money for the internet generation—decentralized, encrypted, and kinda revolutionary.
See less
So like, if you took an L on your crypto bags... sorry, but the Indian tax dude ain’t gonna let you write that off 😬. They got this rule—Section 115BBH or whatever—that straight up says nope to using your losses to cancel out any gains. You can’t even carry that loss forward to future years. It’s baRead more
So like, if you took an L on your crypto bags… sorry, but the Indian tax dude ain’t gonna let you write that off 😬.
They got this rule—Section 115BBH or whatever—that straight up says nope to using your losses to cancel out any gains. You can’t even carry that loss forward to future years. It’s basically ‘you win, we tax you; you lose, that’s on you’. Wild, right?
Also, there’s this 30% flat tax on any gains, no matter how small. And they’re taking 1% TDS on every trade too, even if you’re down bad. So yeah, it’s kinda brutal out here in crypto-land if you’re in India.
Big gains? Pay up. Big loss? Cry in silence 💀.
See less