The impact of crypto in my life.
Namaskar / Hello to all hive users, who will reach this post. I hope you are doing great and having fun in your life and enjoying it with your loved ones.
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I did joined hive steemit in Jan 2018. It is a long time since then for sure. I am really grateful to my friends who introduced me to the crypto world, I was unknown from the treasure of crypto. They used to post here in the hive too but now they are earning a good income from their trading. I don't trade so the hive is best for me so far ๐
. I did learn many new things from here and did get a chance to get personal with many users. I do feel like the hive is my second world. I often say to my friends that I do live in two worlds the real one and the virtual one that is a hive ๐.
I want to do hive 24*7 but it is not possible right now but maybe in a few years. Let's see what will happen ๐ค
My Crypto Journey:
My journey was not that good, as per what I do remember this far. Didn't get anything that much but got a loss at the beginning of the investment. I did buy a cryptocurrency in its ATH. ๐. So it was not that good at the start but slowly I did learn new things and did invest again and did get profit. The beginning was not that good, but now it is going pretty well for me. I do think that Hive was a change for me (I am sure this is the case for many of us here ) I was not that active and actually not learning anything but after joining hive I was really curious to know more about crypto and did learn a lot of things from here. I did learn a lot of new things from here those are countless, to be honest. If you want to read my full you can say that is the full story of my hive then you can read my post My hive Journey Story ๐๐คต. I do think that hive is like back support to me ๐(I do have so much hope on hive we all do have for sure no doubt in that)
The crypto sectors right now:
the situations are not as good as they used to be in the past for sure we all do see how most of the coins did fall some stable coins did fall this is crypto. Not only in crypto, but the stocks are also pretty down now everything is recovering slowly for sure. ๐ If you are an Indian then I am sure you all are aware of that how things are here, I don't have to explain that to you. The 30 % tax is really insane for sure, I haven't thought that this will happen but now it is applied I haven't cashed out after that. I am a little bit afraid after the 30 % tax. But I do believe that everything happens for a reason in our life so let's accept it and just go with the flow right now. I will see when I will cash out ๐ . most Indians do say this line a lot "are jo hoga dekha jeyga " ( whatever will happen will be seen). Even after the crypto regulation bill was applied, I did invest in hives mostly in HBD indeed it is worth it by P2P of course.
Is taxation (crypto regulation) Good or not ?:
In my opinion, this is not a bad decision but still, 30 % is high ๐ But this is really bad news for those who do trade to get profit now things are not that good for them they have to pay 1% in each trade and 30 % in each profit they will cash out ๐. That is really hard for them but if you are Indian you will surely find a way to earn more and now many are shifting to the share market I was thinking deep down this was the plan of the government ๐ (Just an assumption). It is not going to affect the long-term investors, you can invest in without any tax but have to be careful with the withdrawal. I am sure there will be some changes in the law as time will pass let's hope for the best for now.
The Future of Crypto:
If we see how things are right now, most of the things are now digital and which are not yet are sure planning to be digital we are all used to the digital world so much and we can predict the future based on the current state but future is only predicted we will see what will happen after few years. I do think in less than 10 years most countries will start their own digital currency and should probably legalize crypto (just an opinion ). May country already did that but that did affect a small percentage of part only. Let's see what will happen if you can but your daily used times with your hive (directly without even converting.) That is giving me goosebumps just by the thing of that ๐.
Thanks, these are my thoughts, let me know what you think.
Thanks a lot for staying till the end ๐๐, let me know what you think.
*Never forget one thing you should be grateful for because what you have someone has a dream of that. So learn to be grateful. Be Thankful. ๐๐
Thanks a lot for being here, let me know what you think.
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