Shift towards Stock market π°ππΉπΊ
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.
Everyone wants to earn, money and there are sure there are a lot
of opportunities to do that for sure. Crypto and the stock market are the best and easiest ways to do that for sure. we do have to spend some time learning the basics for sure and the rest we do learn as time pass. I am sure you do know what you I am talking about for sure π.
We all do learn from mistakes, some do learn from others' mistakes and some don't. βΊοΈ Not all are the same most of us do learn from our own mistakes and those are the lessons for a lifetime.
After the covid pandemic thing started people started to invest in online platforms. That would be the best option for that. The most popular are crypto and the Stock market for sure. There are sure many other ways to do that but I do think these are the most used ways to earn money.
There was a massive increase in crypto and stock accounts for sure but in my country, the rates did increase by a massive number from the year 2020. There are around 10 crores Demat accounts that were opened after 2020 and that is really a great achievement for sure what do you think?
6 croere accounts are opned after march 2022.
After the crypto regulation bill has passed many peoples shifted from crypto to the stock market. That is really a good thing for sure (for the government to be honest). I am sure none of us want to pay 30% +18 % tax (in the profit )in there each withdrawal that would be insane for sure, what do you think?
I do think that tax is the reason why people are shifting the Demat account for trading stocks for sure. The Tax on stocks is not that much as compared to the crypto tax. Sure the earing the really good crypto for sure.
But still, no one wants to pay that much amount in tax for sure, will you?
I do hope the tax will be reduced so it would be easier to earn from the crypto market too.
Thanks a lot for staying till the end ππ, let me know what you think.
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@bhattg
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Hello chote bhai
Yeah we all learn from our mistakes.
And 48% tax is just insane... Lol I thought it just 30%. Even 30% is very high rate... I do not what is our government thinking.. there moto is to band crypto...lol..Do you remember when computer comes in west bengal , the longest service chief minister of West Bengal said that they had no need of computer and see now what future says..I think for crypto the scenario will be the same.
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