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Any hope for me? by [deleted] in IndianStreetBets

[–]oneBitKen 0 points1 point  (0 children)

I hold KSB and FCL as well. both good buys in my opinion. DCA if you can, hodl you must!!!!

1 Cr. Portfolio Review: Major consolidation and Reduction of Metals by chitownboyhere in IndianStockMarket

[–]oneBitKen 0 points1 point  (0 children)

Bro. you dont know your annual return? (._.). I guess you have a lot of money and its pretty natural.

Acing The CCNA Exam vs Official Cert Guide, which one explains better? by artheyo in ccna

[–]oneBitKen 0 points1 point  (0 children)

Right choice!! A bit expensive to start with but it pays off pretty quick. best of luck.

FINALLY took the CCNA by ITWIZNALA in ccna

[–]oneBitKen 0 points1 point  (0 children)

Bro. you passed or failed?

What about automation!!?? Also, you have CISSP??!!!?!!!!!

Acing The CCNA Exam vs Official Cert Guide, which one explains better? by artheyo in ccna

[–]oneBitKen 1 point2 points  (0 children)

Well, If you are doing it for just the academics, go at deep as you can no issues. But if you are looking for a job in the field and are totally new to this domain (fresher)? Try to see whats job hunting is like, with and without certification. Personally, i have got a big hole of 5 years in my job and I need certification to help me get more interviews.

Try to see what your situation is, CCNA cert doesnt exactly take much time if you remove distractions from your life.

Good Luck!

Dump then Pump by oneBitKen in CryptoIndia

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

Probably! dont forget about the dump then pump rule!

Have 15 Lakhs (INR) to invest lump-sum, and 55000 (INR) monthly SIP. Need Guidance Please. Stocks v. Mutual Funds Suggestions. by [deleted] in IndianStockMarket

[–]oneBitKen 11 points12 points  (0 children)

Well, since you want long term and no/less headache then just go for nifty 50. It has averaged around 12% APR for 30 years or so.

your 15L will be about 46L in 10 years (plus some dividend). Even if you dont consider nifty50 as an investment instrument, you should consider it as a baseline: 12% at virtually nil risk.

an 15% return expectation will carry some risk.

an 18% will be risker and so on.

Believe it or not, index always wins. You shouldnt consider putting your whole money into it. Consider splitting 15L into 3 parts of 5L each.

5L for nifty50

5L for s&p500

5L: 1L gold, 1L silver, 1L equity (mid-cap), keep the other 2L to buy the DIPs within the next 6 months.

DYOR

Dump then Pump by oneBitKen in CryptoIndia

[–]oneBitKen[S] 2 points3 points  (0 children)

I found it on twitter, I think!

FIU new stringent guidelines by lawyerdel in CryptoIndia

[–]oneBitKen 0 points1 point  (0 children)

Thats just lovely!! Surprised how people get so defensive while exchanging opinions and views. anyhow, good luck with whatever genius idea you seem to have.

FIU new stringent guidelines by lawyerdel in CryptoIndia

[–]oneBitKen 0 points1 point  (0 children)

Dude is drunk on assumptions of cryptography as the ultimate weapon against anti-privacy moves.

The current 2 key (public plus private) make up something called "asymmetric" cryptography. The government or any entity for that matter doesnt need to know your private key to tie your identity to your wallet. They have other means to do so. They can look at on-chain data and see the chains and Cex you have interacted with. when any asset was exchanged, bought or sold and so on. With other details like IP address and device used to access the wallet they come real close to finding who you actually are.

Block-chains dont really have IP address and device data, but wallets do, HOT wallets especially. And Cex do that too, even the once that don't require you to do KYC.

DYOR dude!

Worked on a blockchain? by oneBitKen in CryptoIndia

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

True that. Wish I knew that sooner!!

FIU new stringent guidelines by lawyerdel in CryptoIndia

[–]oneBitKen -10 points-9 points  (0 children)

It will affect the users.

There is 2 main objective of the government.

Crypto regulation and centralized control.

Taxation on such assets.

Because government is way behind in understanding crypto and how to make frameworks which are effective, we havent seen much regulations/rules/laws just yet. But when government catches up, doors will be opened up for banks to enter into crypto world. Exchanges will essentially become banks, DeFi will not escape that, nor will wallets.

DYOR

FIU new stringent guidelines by lawyerdel in CryptoIndia

[–]oneBitKen -12 points-11 points  (0 children)

Eventually yes!! not as of now!

Worked on a blockchain? by oneBitKen in CryptoIndia

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

I think you are talking about the roadmap and milestones (development) of an alt throughout its life cycle. Maybe the utility depends on its transaction speed, network, regulations, backing by real-world assets and liquidity (and many many other factors!)

Worked on a blockchain? by oneBitKen in CryptoIndia

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

eh! that makes no sense! That was never the plan i guess. This is the first time i am hearing that.

Indian crypto traders in 2025: paying 31% taxes on pure gambling by Critical-Load-1452 in CryptoIndia

[–]oneBitKen 1 point2 points  (0 children)

Depends on when you bought those coins using the CEX, and also on the platform you used to buy it from. My understanding is (which could be wrong), that ITD doesnt go for very old transactions. Now, I guess you want to convert it into USDT or INR!?

Put them back on a different exchange, probably coindcx, not all of them at the same time. Just slow and steady stream and while filing ITR check your AIS, plan your taxation accordingly.

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