A government bill on cryptocurrencies is causing jitters, but several investors in India are confident of the digital tokens' potential. People still have not sold off their holdings, reckoning the bill will give them time to sell off their holdings in a manner that does not affect the market.
Business Standard asked a bunch of retail investors about how much they hold and what is their plan for government policy. Comments below:
Amit Kumar Dash, advertising professional in Delhi
Crypto holding: Rs 7,500
Preferred platform: Coinswitch Kuber
For Dash, it was the lure of the unknown. Bitcoin prices would