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CrypG

Journalist, Web3, blockchain and crypto enthusiast, content writer
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How to lose your life savings in 10 days?In this fast-moving world of profits and heartbreaks, patience is overrated. Why wait for years investing the boring way, when a little overconfidence, some ignorance, and a Telegram guru can wipe out your life savings in just 10 days? Here’s your 10-day guide to financial self-destruction for dummies. Warning: May cause regret, emotional damage, and unexpected hobbies like giving advice on X or stand-up financial comedy. Let’s begin: Day 1: Follow vibes, ignore expert financial advice Who believes in research when we have vibes? Economists and financial experts are outdated. Don’t you find YouTube/Instagram thumbnails with Lamborghinis and fire emojis amazing? Day 2: Ignore red flags in whitepapers FUD is for cowards. Grammar mistakes? Dream-world tokenomics? Dev team has no second names. Chill. Day 3: Enter a project with a celebrity endorsement Your favorite movie star just tweeted about it. They’re learned and must have read the whitepaper, right? Day 4: Join a DAO without knowing what DAO means Decentralized Autonomous Organization? Great! Now, vote on proposals like “Should we buy a colony on Mars?” Day 5: Use your credit card on a shady exchange What could go wrong? Other than getting your bank account frozen. Day 6: Go for ‘Guaranteed daily returns’ on an unknown website Scam for sure! But my inner voice says, “What if it’s not?” Day 7: Invest in a meme coin you can’t pronounce Meme coins have made people millionaires worldwide. Extra points if it’s named after a dog, a food item, or a bodily function. Above all, I like the logo! Best if it was launched just 15 minutes ago. Day 8: Margin trading without knowing what it is A little leverage never hurts anyone. One cannot know everything. Progress over perfection, right? Day 9: Sell all your real-world assets to buy the dip Your gold, your mutual funds, your wedding ring? Gone. For a coin that was launched and peaked during the elections. Day 10: Take out a loan to invest more Now that all is lost, we sit in a no-risk situation. A smart investor never plays with his own money and assets. Nothing wrong in applying for a loan. Final words: So, now that you know how to have a rock-bottom portfolio, here, we just tried to keep your investment lessons green. Absolutely, pun intended!

How to lose your life savings in 10 days?

In this fast-moving world of profits and heartbreaks, patience is overrated. Why wait for years investing the boring way, when a little overconfidence, some ignorance, and a Telegram guru can wipe out your life savings in just 10 days?
Here’s your 10-day guide to financial self-destruction for dummies.
Warning: May cause regret, emotional damage, and unexpected hobbies like giving advice on X or stand-up financial comedy.
Let’s begin:
Day 1: Follow vibes, ignore expert financial advice
Who believes in research when we have vibes? Economists and financial experts are outdated. Don’t you find YouTube/Instagram thumbnails with Lamborghinis and fire emojis amazing?
Day 2: Ignore red flags in whitepapers
FUD is for cowards. Grammar mistakes? Dream-world tokenomics? Dev team has no second names. Chill.
Day 3: Enter a project with a celebrity endorsement
Your favorite movie star just tweeted about it. They’re learned and must have read the whitepaper, right?
Day 4: Join a DAO without knowing what DAO means
Decentralized Autonomous Organization? Great! Now, vote on proposals like “Should we buy a colony on Mars?”
Day 5: Use your credit card on a shady exchange
What could go wrong? Other than getting your bank account frozen.
Day 6: Go for ‘Guaranteed daily returns’ on an unknown website
Scam for sure! But my inner voice says, “What if it’s not?”
Day 7: Invest in a meme coin you can’t pronounce
Meme coins have made people millionaires worldwide. Extra points if it’s named after a dog, a food item, or a bodily function. Above all, I like the logo! Best if it was launched just 15 minutes ago.
Day 8: Margin trading without knowing what it is
A little leverage never hurts anyone. One cannot know everything. Progress over perfection, right?
Day 9: Sell all your real-world assets to buy the dip
Your gold, your mutual funds, your wedding ring? Gone. For a coin that was launched and peaked during the elections.
Day 10: Take out a loan to invest more
Now that all is lost, we sit in a no-risk situation. A smart investor never plays with his own money and assets. Nothing wrong in applying for a loan.
Final words:
So, now that you know how to have a rock-bottom portfolio, here, we just tried to keep your investment lessons green. Absolutely, pun intended!
Look for US Core PCE, manufacturing, and jobs reports this week. It may have cues for future course of BTC.
Look for US Core PCE, manufacturing, and jobs reports this week. It may have cues for future course of BTC.
Will new SEC chair end crypto’s struggles? Find out hereHope is the only constant amid the volatile market movements. Paul Atkins was sworn in as the new chairman of the U.S. Securities and Exchange Commission (SEC) last week. Considering his previous experience with crypto firms, market participants expect him to be soft on the industry. Gensler’s impact on crypto Previous chairman Gary Gensler had launched investigations into many crypto firms, stating their tokens were securities and needed to be registered. The uncertainty surrounding this forced many crypto firms to move their businesses overseas. The crypto industry participants hope for better from Atkins. Recently, his statement at the SEC's crypto roundtable was considered positive by many. "Market participants in this technology deserve clear regulatory rules," said Paul Atkins in his first remarks after being sworn in as chairman of the agency. Optimism fuels gains Optimism prevails in the crypto industry, and traders see this as the main reason behind the gains in recent days. BTC crossed the $95k mark before the market turned neutral on Sunday. Investors also showed interest in altcoins, which had been bearish for a long time. Participants feel that despite a pro-crypto SEC chair, market sentiments will be dominated by how the U.S. President, Donald Trump, behaves in the coming days. “Markets witnessed restrictive regulations in the past five years but still flourished. Broader issues rule the market,” said a trader on a crypto forum. Trump’s trade decisions Recently, Trump’s decision to impose a 10% flat tariff on the world and reciprocal tariffs made headlines and adversely affected all major world markets. Currently, there is a 90-day pause on all the recently imposed tariffs except the ones on China. The pause helped most markets recover and reach new highs. The sentiment will depend on broader trade and tariff decisions. American decisions and their reciprocations are likely to keep the crypto market volatile.

Will new SEC chair end crypto’s struggles? Find out here

Hope is the only constant amid the volatile market movements.
Paul Atkins was sworn in as the new chairman of the U.S. Securities and Exchange Commission (SEC) last week. Considering his previous experience with crypto firms, market participants expect him to be soft on the industry.
Gensler’s impact on crypto
Previous chairman Gary Gensler had launched investigations into many crypto firms, stating their tokens were securities and needed to be registered. The uncertainty surrounding this forced many crypto firms to move their businesses overseas.
The crypto industry participants hope for better from Atkins. Recently, his statement at the SEC's crypto roundtable was considered positive by many.
"Market participants in this technology deserve clear regulatory rules," said Paul Atkins in his first remarks after being sworn in as chairman of the agency.
Optimism fuels gains
Optimism prevails in the crypto industry, and traders see this as the main reason behind the gains in recent days.
BTC crossed the $95k mark before the market turned neutral on Sunday. Investors also showed interest in altcoins, which had been bearish for a long time.
Participants feel that despite a pro-crypto SEC chair, market sentiments will be dominated by how the U.S. President, Donald Trump, behaves in the coming days.
“Markets witnessed restrictive regulations in the past five years but still flourished. Broader issues rule the market,” said a trader on a crypto forum.
Trump’s trade decisions
Recently, Trump’s decision to impose a 10% flat tariff on the world and reciprocal tariffs made headlines and adversely affected all major world markets.
Currently, there is a 90-day pause on all the recently imposed tariffs except the ones on China.
The pause helped most markets recover and reach new highs.
The sentiment will depend on broader trade and tariff decisions. American decisions and their reciprocations are likely to keep the crypto market volatile.
Crypto: Threats are perceptional, need is realDespite 10–15 years of a proven track record, many influential nations still doubt cryptocurrencies. Their concerns often revolve around illegal activities, money laundering, and terror financing. Here are some countries that are not so friendly and their policies: China The country does not believe in decentralisation. It has imposed an extensive ban on crypto trading, mining, and transactions. India Although India ranks among the top in cryptocurrency adoption, the government is actively discouraging its use through restrictive tax laws. Russia Russia officially banned cryptocurrency in 2022, with its president publicly supporting the decision. Qatar Qatar has prohibited banks and financial institutions from dealing in cryptocurrencies. Egypt Egypt banned crypto mining in 2018 and remains extremely cautious about decentralised digital assets. Are crypto threats real or perceived? These concerns are potential risks—there has been no substantial evidence proving their claimed extent. Issues such as money flight, laundering, and illicit funding are not exclusive to crypto; they exist within traditional financial systems too. Experts believe that although no major case has definitively demonstrated the harm, crypto could expedite such activities if misused. Some risks—such as volatility, capital flight, and environmental impact—are well documented. But other concerns like terror financing and national security may be more perception than reality. “In reality, governments are more worried about the decentralised nature of these assets,” said an expert. Crypto was born as a solution, not a problem Don’t be surprised to learn that cryptocurrency emerged as a solution. In 2008, during a time of global financial crisis, trust in traditional systems collapsed. Major banks went bankrupt, and transparency disappeared. Governments were unable to protect citizens or control the situation. Those who sought control failed you. Multiple times. That’s when Bitcoin came into existence—not as an experiment, but as a well-thought-out strategy to return control to individuals. It aimed to bridge the transparency and security gap left by traditional systems. Today, the crypto industry is booming—not despite the challenges, but because of them. De-Dollarization: A growing global shift Crypto's relevance is growing amid rising global tensions and trade wars. The USA appears to be waging a trade war against the world, and the fear of instability could pressure nations to adopt alternatives. Given the option, many countries would choose to de-dollazise. Some current examples include: India–UAE rupee-based oil trade China–Brazil Yuan–Real settlements BRICS push for local currency trade CBDCs (Central Bank Digital Currencies) gaining traction Globally accepted cryptocurrency In such a scenario, what could be a better solution than a globally accepted cryptocurrency? It provided an alternative in 2008. It can do the same again.

Crypto: Threats are perceptional, need is real

Despite 10–15 years of a proven track record, many influential nations still doubt cryptocurrencies. Their concerns often revolve around illegal activities, money laundering, and terror financing.
Here are some countries that are not so friendly and their policies:
China
The country does not believe in decentralisation. It has imposed an extensive ban on crypto trading, mining, and transactions.
India
Although India ranks among the top in cryptocurrency adoption, the government is actively discouraging its use through restrictive tax laws.
Russia
Russia officially banned cryptocurrency in 2022, with its president publicly supporting the decision.
Qatar
Qatar has prohibited banks and financial institutions from dealing in cryptocurrencies.
Egypt
Egypt banned crypto mining in 2018 and remains extremely cautious about decentralised digital assets.
Are crypto threats real or perceived?
These concerns are potential risks—there has been no substantial evidence proving their claimed extent. Issues such as money flight, laundering, and illicit funding are not exclusive to crypto; they exist within traditional financial systems too.
Experts believe that although no major case has definitively demonstrated the harm, crypto could expedite such activities if misused.
Some risks—such as volatility, capital flight, and environmental impact—are well documented. But other concerns like terror financing and national security may be more perception than reality.
“In reality, governments are more worried about the decentralised nature of these assets,” said an expert.
Crypto was born as a solution, not a problem
Don’t be surprised to learn that cryptocurrency emerged as a solution. In 2008, during a time of global financial crisis, trust in traditional systems collapsed. Major banks went bankrupt, and transparency disappeared. Governments were unable to protect citizens or control the situation.
Those who sought control failed you. Multiple times.
That’s when Bitcoin came into existence—not as an experiment, but as a well-thought-out strategy to return control to individuals. It aimed to bridge the transparency and security gap left by traditional systems.
Today, the crypto industry is booming—not despite the challenges, but because of them.
De-Dollarization: A growing global shift
Crypto's relevance is growing amid rising global tensions and trade wars. The USA appears to be waging a trade war against the world, and the fear of instability could pressure nations to adopt alternatives.
Given the option, many countries would choose to de-dollazise.
Some current examples include:
India–UAE rupee-based oil trade

China–Brazil Yuan–Real settlements

BRICS push for local currency trade

CBDCs (Central Bank Digital Currencies) gaining traction

Globally accepted cryptocurrency
In such a scenario, what could be a better solution than a globally accepted cryptocurrency?
It provided an alternative in 2008.
It can do the same again.
Indian regulations harsh on crypto despite 103 million usersIf there was an aerial view of the crypto market in India, it would show a blooming ecosystem in the country.  A recent report by Triple-A, shows that India has approximately 103 million cryptocurrency owners, nearly 7.23% of its population. The future, too, offers promises. According to the Grant Thornton Bharat (2024), the market size may expand from $2.5 billion in 2024 to more than $15 billion by 2035, indicating a CAGR of approximately 18.5%. Also, Chainalysis 2023 Global Crypto Adoption Index puts India at number one, based on grassroots crypto adoption. But a closer look reveals that the picture is not so rosy at all. The Indian government backs Web3 and blockchain with visible confidence — yet simultaneously imposes vague and overly harsh regulations. Noticeably, India does not recognise crypto as a currency. In 2018, The Reserve Bank of India (RBI) issued a circular banning banks for dealing with crypto businesses. This was revoked in 2020 by the Supreme Court of India. For almost 2 years, the crypto exchanges were kept away from the traditional banking channels. Another blow came in 2022, when the government announced a 30% flat tax on all crypto gains and 1% TDS on every crypto trade. This includes no relief even if the investor suffers a loss. Many budding blockchain and Web3 entrepreneurs help people invest in their projects and in turn give them crypto rewards. Taxation also applies to these rewards. It also includes staking rewards, airdrops, referral bonuses, interest/yield from DeFi platforms, tokens by DAOs or crypto projects. These reward-based methods are especially popular among non-traders in the crypto space. Taxation and crypto experts believe that the regulations are stringent with a lot of ambiguity such as double taxation, tax on notional income and no clarity and support from the government and authorities. “Such regulations are harsh for honest investors, discourage innovation, and punish the risk-takers. This is not good for any market,” said an expert. Also, experts feel the government is not against innovations and latest technologies and its pro-regulation approach is good for the public. It wants to save the common man from scams and losses. Also, the threats of money-laundering and terror funding cannot be overruled. In the recent developments, Enforcement Directorate (ED) has started probing major exchanges and other platforms over alleged money laundering. ED officials are closely working with some major world exchanges in tracking down the money launderers. While the government feels such moves can save retail and small investors from major losses and the country from threats, the fear may force market participants to move to decentralised exchanges, international apps and P2P transactions, feel the market experts. India is not the only country with regulations. China, Egypt, Algeria and others have strict anti-crypto laws. Final thoughts: Regulations may make or break a system. Depending on the nature of the regulation, it can help, hurt or reshape crypto. In the case of countries such as India, over-regulations come from fear and may force developed exchanges to not enter the country, investors to turn towards unregulated platforms, and talented developers to leave the country. Decentralisation is the need of the hour. Clarity in taxation and laws and an open outlook towards new technologies will not only boost investor confidence but also attract overseas funds.

Indian regulations harsh on crypto despite 103 million users

If there was an aerial view of the crypto market in India, it would show a blooming ecosystem in the country.  A recent report by Triple-A, shows that India has approximately 103 million cryptocurrency owners, nearly 7.23% of its population.
The future, too, offers promises. According to the Grant Thornton Bharat (2024), the market size may expand from $2.5 billion in 2024 to more than $15 billion by 2035, indicating a CAGR of approximately 18.5%.
Also, Chainalysis 2023 Global Crypto Adoption Index puts India at number one, based on grassroots crypto adoption.
But a closer look reveals that the picture is not so rosy at all. The Indian government backs Web3 and blockchain with visible confidence — yet simultaneously imposes vague and overly harsh regulations.
Noticeably, India does not recognise crypto as a currency. In 2018, The Reserve Bank of India (RBI) issued a circular banning banks for dealing with crypto businesses. This was revoked in 2020 by the Supreme Court of India.
For almost 2 years, the crypto exchanges were kept away from the traditional banking channels.
Another blow came in 2022, when the government announced a 30% flat tax on all crypto gains and 1% TDS on every crypto trade. This includes no relief even if the investor suffers a loss.
Many budding blockchain and Web3 entrepreneurs help people invest in their projects and in turn give them crypto rewards.
Taxation also applies to these rewards. It also includes staking rewards, airdrops, referral bonuses, interest/yield from DeFi platforms, tokens by DAOs or crypto projects. These reward-based methods are especially popular among non-traders in the crypto space.
Taxation and crypto experts believe that the regulations are stringent with a lot of ambiguity such as double taxation, tax on notional income and no clarity and support from the government and authorities.
“Such regulations are harsh for honest investors, discourage innovation, and punish the risk-takers. This is not good for any market,” said an expert.
Also, experts feel the government is not against innovations and latest technologies and its pro-regulation approach is good for the public. It wants to save the common man from scams and losses. Also, the threats of money-laundering and terror funding cannot be overruled.
In the recent developments, Enforcement Directorate (ED) has started probing major exchanges and other platforms over alleged money laundering.
ED officials are closely working with some major world exchanges in tracking down the money launderers.
While the government feels such moves can save retail and small investors from major losses and the country from threats, the fear may force market participants to move to decentralised exchanges, international apps and P2P transactions, feel the market experts.
India is not the only country with regulations. China, Egypt, Algeria and others have strict anti-crypto laws.
Final thoughts: Regulations may make or break a system. Depending on the nature of the regulation, it can help, hurt or reshape crypto. In the case of countries such as India, over-regulations come from fear and may force developed exchanges to not enter the country, investors to turn towards unregulated platforms, and talented developers to leave the country.
Decentralisation is the need of the hour. Clarity in taxation and laws and an open outlook towards new technologies will not only boost investor confidence but also attract overseas funds.
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