800Cr Crypto Founder Reveals Inside Secrets of Crypto In India!
0:00 – Highlights
1:20 – Intro
2:40 – Crypto market cycles
4:50 – Crypto exchanges shutting down in India
5:51 – India introducing crypto taxes
7:15 – Registering with government as a crypto company
09:03 – Mudrex after Binance and Kraken shutdown
10:27 – Keeping crypto funds on local platforms
11:52 – Regulatory Bodies sued Binance
14:12 – Crypto as young asset class
15:31 – Bitcoin halving impact on price
16:30 – Crypto as an uncorrelated asset class
17:40 – Bitcoin ETF launch
19:46 – Institutional Crypto services by Mudrex
21:43 – Bitcoin and Crypto after ETF Launch
23:00 – India and crypto regulation
23:30 – Crypto enabling service exports for India
26:06 – CBDC as managing the country in better way
28:31 – Bitcoin Speculation
30:59 – Crypto market cycles
31:18 – How Mudrex Deals with hyped coins
33:55 – Mudrex’s research reports on crypto
34:26 – Mudrex’s Ratings for different cryptocurrencies
37:42 – Importance of doing own research in crypto
39:33 – Crypto taxation in India
41:49 – Mudrex’s vision for success
43:07 – Failure case for Mudrex
44:49 – How individuals can stay invested in long term
48:52 – Parting words for audience on understanding crypto before investing
by Varun Mayya
simple network management protocol
If they want to track a transaction, they can track it with a small fee of 0.01%. But they don't want Indians to invest in the crypto market. They just want to end crypto in India.
Every market has a cycle and people should understand the cycle and invest in it Just like there is a stock market cycle There is a bull season and a bearish season Similarly, there is a crypto market cycle So, if people understand the cycle and invest in it they will always be profiting in the long term
If the gov. does not change it's policies, does not reduce taxes and TDS, then crypto is known for decentralization. We have decentralized wallet, in which we can store our crypto, and no one in the world is going to know what funds we have, by whose name, and we can use decentralized exchanges. Why do we need to use Indian exchanges or any centralized exchanges? And the best option we have is peer-to-peer. We can do transactions person-to-person
India is only going to lose with such bad rules in the crypto and web3 industry. We should learn from our neighbors, Dubai, Malaysia & Singapore which are crypto hub, USA where Bitcoin ETFs have been approved by the SEC.
we should also move forward in this, otherwise we will fall behind and no one can stop crypto, it is decentralized, it will continue to run. No matter how many laws you bring, whatever you do, So it would be good if you introduce taxes slabs,good rules , so that people use your exchanges and you can track it.
Thanks for the continuous update! I am super excited about how my stock investment is going so far, making over 18k weekly is an amazing gain🥰🥰🎉🎉🎉
It's been quite a pump. But you know, with crypto, the big question is always when to enter and exit the market to make profits. What are your thoughts on that? I've been holding $250k since 2021 and seen it pump n dump.
I respect your work mate.
TA is good but I find it truly baffling that all major crypto youtubers just look at pure T.A and completely Ignore the bigger narrative of why BTC Is pumping and why the future outlook might not be as rosy as it seems.
It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major pump at the peaks of BTC..
We were already on shaky footing with historically low volume and almost pure whale pumps,
narrowly avoiding a long-term bear market.
more emphasis should be put into day trading as It is less affected by the unpredictable nature of the Market..
I have made over 11btc from day trading with Anthony Charles White, insights and signals in less than 3 weeks,
this is one of the Best medium to backup your assets incase it goes bearish
I’ve been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market.. Can anyone help me out or at least advise me on what to do?.
Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.
This was awesome 5🌟 interview
I am interested in crypto and technology but not convinced BTC is 5star crypto, sure it is currently most valuable but is not the one which is adding value to utility of this technology ( in fact BTC is worst in it )
This is hands down one of the best discussion about crypto for beginners. The guy explains everything as simply as possible
Doesn't matter all indian crypto exchanges are fraud. They close deposit and withdrawl at their will
mudrax koi use nehi karta tax kam karo chutiyo foreign exchange best indian exchange tatti
Registration & regulation are two different things. Registration is not buyer centric, it just leads to more scrutiny as a customer. Its like a market without SEBI, RBI , FED etc
Varun casually saying can you double click on that is my favorite take away from this show. 😅
One of the few people in India pushing srsly valuable stuff on ai and crypto. Keep going V
Indian Government has to do 3 things
1. 📊 Fair Tax: Like stocks, flexible tax slabs.
2. 🚫 No TDS hassle, or just 0.01%.
3. 📉 Allow loss carry-forward, just like stocks.
Mudrex is an absolute dogshit excunage
Great Session 😃🎉❤❤
Hey Varun, you should learn basis things about crypto then ask to someone for podcast.. 😅
Bitcoins is the future
web3 is joke and this man is hypocrite, crypto is trustless
I am a great supporter of Indian things and I use them a lot but in crypto I don't even take a chance on Indian companies . if you buy a crypto in Indian exchanges u will not be able to send them in your cold wallet then what's the point of owning a crypto ? if you can't transfer your cryptos and lastly its a perfect planning of Indian big players to force the gov or to lobby the gov (upcoming elections) so that they remove Binance , okx , and other big international exchanges so that Indian companies can take monopoly over that. I am strictly not in favour of these things .
This guy should go work on his shit exchange with low liquidity and high premium. There are way too many better people to bring on podcast to discuss crypto than someone who is running a shithole exchange with no withdrawls. Truth be told these people need to be called out for the scam they are running. Scums are exploiting users because of the limited options we have.
Also never trust crypto exchanges for storing money, any educated person in crypto would tell you to keep your money in hardware wallet but these guys do not let you withdraw your funds. Who knows what they do with user funds. Nobody expected FTX to do what they did so safety of user funds on exchanges like mudrex, wazirx, coindcx is a joke. On top of that compare their fees to international exchange it'll be around 5x of binance. Just exploiting users.
Amazing insights Edul 👏 Thanks & Good Luck
It is totally unethical in crypto to not let customers transfer assets to a self custodial wallet.
Research Kaspa. Thank me later. 🙏🏼
29:12
Exciting times in the crypto world! The latest analysis reveals a bullish trend for Bitcoin in the coming week, especially intriguing following its recent weekly closing patterns. The approval of a Bitcoin ETF adds to the buzz, presenting a prime opportunity for investors to strategize and potentially capitalize on these market movements. Definitely a moment for crypto enthusiasts and investors to watch closely and make informed decisions in this ever-evolving market…managed to grow a nest egg of around 100k to a decent 432k in the space of a few months… I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
32:00 This strategy won't work…Google search Invictus C20 coin…did the same sheet and blew up..trust only the OG, BTC..which no one can control
Jack Dorsey only endorses BTC….dump ETH..it is easily manipulated just like CBDC….talking abt which…Govt controls your money..Fertiliser toh bahut baad ka baat hai…they will make sure that the money is totally under their control..they might say one day that beef is anti-govt and close the account of such people…or rather disable their money..easy-peasy..
Sad part is that the Opposition also would want the same to happen, so that when they come into power..they can use it to their advantage
At present, the most prudent consideration for everyone should be diversifying their income sources, ones not reliant on government support, particularly given the ongoing global economic challenges. This remains an opportune moment to explore investments in assets like digital currencies such as Bitcoin, Ethereum, and XRP. thanks to Samuel Peter for his guidance in these fields, his proficiency is outstanding.
Yeaha definitely, lol indian exchanges are not even close to any international exchange, no one is happy on migration to Indian exchanges, gov forcing maybe most will just stop trading or investing, better to store in hardware wallets then using indian exchanges. Hopefully binance etc register with gov. Interestingly after us gov take over binance Indian gov banning it lol they not done that before wen maybe it was not safe but definitely it's safe now.
Varun is so surface level about crypto even though he calls himself techie, he has never sat down and tried to understand how crypto works
Timing of the video is interesting 😅
this video felt More like an extended advertisement of Mudrex…and very very less informative regarding crypto.
dude thing is banks won't like crypto and in india nifty would be impacted and with election in place seems far fetched to have this regulated in couple of months
40:36 people are (including me) are angry about crypto being taxed at highest slab rate where it can be taxed at the same rate as stocks..
Just FYI: Varun's exit coincided with the bottom of the market around 17-18k USD/Bitcoin
Now that the bull run bells are ringing, he's back 🫡
Strike 1- ETF are good thing. No it's not! Owning an Bitcoin ETF is like having a girlfriend who stays at BlackRock's apartment while you only keep a photo of her while you also pay blackrock maintenance fee so she can take care of herself. ETF are centralization of what was built to decentralize and free humanity from wallstreet and banking Mafia.
Strike 2. CBDC is a good thing. NO it's not. It's further centralization at its extreme that has the potential to strip people off of their privacy and self sovereignty. Very much like China's social credit system. Imagine your assets being freezed because you posted on social media to voice your speech. Imagine being imposed restrictions calling it as an excuse to reduce carbon footprint bla bla. It's a leash in your neck at the hands of the government.
Sorry sir, but he doesn't know about crypto but running and exchange…
How is that even possible???
Does mudrex allow to deposit and withdraw crypto to hardware wallet?
ye saala he gaya hoga govt k paas golbandi karke coinswitch and coindcx waalo k saath and binance ban karwa diya saalo ne
Watching the crypto market's ups and downs shows how quickly things can change. In crypto, strategic, informed trading isn't a choice; it's a must. Remember, caution is as crucial as ambition here. Stay alert, diversify, and let's ride this unpredictable market together. At the core is Silvia Macido,, whose deep understanding of crypto and traditional trading is key. Her all-encompassing investment approach and staying updated on trends make her a valuable ally in this crypto era.
Varun & Edul's chat = 🔥! Learned tons about India's crypto scene – the regulatory rollercoaster, Mudrex's mission, and Adel's (surprisingly) optimistic outlook. Great tips too – DYOR, hodl strong, sleep tight (even with crypto!) 😉 If you're curious about crypto in India, watch this!
Love from Chennai ♥
This year so many things will change soon . I'm so excited for future
Is it a bonus episode???
Nice one. It was informative.