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Tag: Cryptocurrency

Explore cryptocurrency topics including Bitcoin, Ethereum, blockchain technology, altcoins, trading strategies, wallets, security, DeFi, and market trends. Learn how digital currencies work and how to invest safely in the crypto ecosystem.

Shiraverse Latest Questions

Shiraverse
Shiraverse
Asked: 3 years agoIn: ,

CryptocurrencyTax
  1. Cryptocurrency
    Best Answer
    Cryptocurrency
    This answer was edited.

    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 💀.

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Raju Kumar
Raju Kumar
Asked: 3 years agoIn: ,

BuyCryptocurrency
  1. Cryptocurrency
    Cryptocurrency

    As of January 20, 2025, the cryptocurrency market is experiencing significant activity, influenced by recent political developments in the United States. Notably, Bitcoin (BTC) reached an all-time high of $109,299.00 earlier today, currently trading at $104,608.00. Ethereum (ETH) is trading at $3,29Read more

    As of January 20, 2025, the cryptocurrency market is experiencing significant activity, influenced by recent political developments in the United States. Notably, Bitcoin (BTC) reached an all-time high of $109,299.00 earlier today, currently trading at $104,608.00.

    Ethereum (ETH) is trading at $3,299.33, with an intraday high of $3,452.70.

    XRP (XRP) has seen a notable increase, currently at $3.25, with an intraday high of $3.34.

    Additionally, new meme coins like $TRUMP and $MELANIA have emerged, with $TRUMP reaching a market capitalization of nearly $11 billion.

    When considering cryptocurrency investments, it’s essential to assess your risk tolerance and conduct thorough research. Established cryptocurrencies like Bitcoin and Ethereum offer relatively more stability, while newer tokens such as $TRUMP and $MELANIA carry higher volatility and risk. Always stay informed about market trends and consult financial advisors to align investments with your financial goals.

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