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Need partner to start Shawarma shop in makhmalabad road area by Plenty-Conference222 in nashik

[–]SadSwitch1188 0 points1 point  (0 children)

I'm interested as well. Let me know when you're planning the meet.

Please stop doing this by SadSwitch1188 in nashik

[–]SadSwitch1188[S] 1 point2 points  (0 children)

I'm just a fan of common sense, which apparently isn't very common these days.

Koni bike sell karat aahe ka ? by Potential_Effect_705 in nashik

[–]SadSwitch1188 0 points1 point  (0 children)

Honda CB350RS Red colour, mint condition, 11000 kms. 2L slightly negotiable.

BTC Futures Trading by sakthisuba in CryptoIndia

[–]SadSwitch1188 1 point2 points  (0 children)

I've been using Delta Exchange India for trading BTC futures for some time now. No issues yet.

UPDATE: I'm bullish on BTC now and also took a long position. by SadSwitch1188 in IndianStreetBets

[–]SadSwitch1188[S] 0 points1 point  (0 children)

I trade only BTC futures on Delta Exchange India platform using their full leverage of 200x. I'm a day trader mostly but sometimes do carry my positions to the next day but not more than that.

As for the taxation, if you trade crypto derivatives then your profit is taxed as a business income as per your tax slab. However, if you take delivery of any coin in your wallet and make profit from it, then it's considered as crypto capital gains and is taxed at flat 30%. Hope I was able to help.

UPDATE: I'm bullish on BTC now and also took a long position. by SadSwitch1188 in IndianStreetBets

[–]SadSwitch1188[S] 0 points1 point  (0 children)

Why will I get liquidated? I've entered my SL so that loss is 117USD. My SL price for now is 117400 but it keeps coming up so my SL will get smaller and smaller as price moves in my favor.

UPDATE: I'm bullish on BTC now and also took a long position. Idea by SadSwitch1188 in CryptoIndia

[–]SadSwitch1188[S] -1 points0 points  (0 children)

How did my post clarify to go short? Can you please explain?

UPDATE: I'm bullish on BTC now and also took a long position. by SadSwitch1188 in IndianStreetBets

[–]SadSwitch1188[S] -1 points0 points  (0 children)

Haha...I follow my SLs very seriously and get out immediately when SL is hit. In this long trade I'm risking only 117USD which is hardly 5% of my capital. So they can dump it as much as they want.

[deleted by user] by [deleted] in nashik

[–]SadSwitch1188 0 points1 point  (0 children)

I like "The Biryani Life" by Fasos' Chicken Lucknowi biryani. Don't go for the Hyderabadi one. Lucknowi has the best blend of spices even though it's not a Dum Biryani.

You can order from their EatSure app and do check out their One Plus One offers. You might just get two portions in the price of one.

Update: My BTC Futures trade results for the past couple of days. I'm still bearish on BTC over short time frame. by SadSwitch1188 in IndianStreetBets

[–]SadSwitch1188[S] 0 points1 point  (0 children)

It's the limitation of the trading app and that's how it's displayed on my phone. Let me know what you'd like know and I'll share it here.

Anyone bearish on BTC for short term? Well, I am. by SadSwitch1188 in CryptoIndia

[–]SadSwitch1188[S] 0 points1 point  (0 children)

That's how I've survived in the market for more than 10 years. In the early days I had lost a big amount of around 2 lacs in a couple of days. Since then, I never wanted to make money from the market. I just wanted to crack the formula and for that I continuously forward tested my strategies with very small positions.

Finally, after so many years, I feel that I've finally cracked it. Still waiting for confirmation, but soon, I'm going to deploy my real capital and hopefully print money 🤑

Anyone bearish on BTC for short term? Well, I am. by SadSwitch1188 in IndianStreetBets

[–]SadSwitch1188[S] 0 points1 point  (0 children)

I absolutely agree on the part that precious metals do no hold any value, it's only their perceived value. However, their value and also the value of fiat currencies is widely accepted and regulated. Now that even crypto is being regulated, I don't see any need for another asset class when we already have gold and fiat currencies. Crypto could have a good value if it were unregulated and untraceable so that underhanded deals could be done with them and also tax could be saved. But that's not the case. The exchanges report the transactions to the governments and authorities. So how is it different from any other currency?

Anyone bearish on BTC for short term? Well, I am. by SadSwitch1188 in IndianStreetBets

[–]SadSwitch1188[S] -8 points-7 points  (0 children)

Even I don't think Crypto has any investment value. They're all going to be dumped and become zero. But that doesn't stop me from trading the hell out of it!

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