Greetings to all,
I am here with a blog where people will get to answer a particular question to win some free upvotes. The idea is to increase interaction, i don't know how it will go but i am here with this idea and i will practice it as long as i can.
This is the 58th Quiz blog for everyone, let us get familiar with how this will go like.
To the people who don't know me, i am a normal person who started writing here on blurt three years back. I have had a mix of journey here where i got consistent and vice versa.
So let me come to the point, i will be sharing a question here everyday and that will be related to crypto, life, relationship, games, wrestling, etc.
There will be alot of varieties and so everyone should visit the blog to know what the quiz is about for a particular day.
Question :
Rules
Write your answer in the comments and do not write more than one comment.
Don't edit your comments even if you answer wrongly.
Top 3 user to answer fastly will win 100% upvotes from me.
Other users will get random upvotes.
Upvote atleast one of the participants.
So far powerclub agreed to sponsor us with upvotes for my contest and for that i will like to thank them.
Still, it will be very difficult to attract people as my vote value is quite low so more sponsors will be welcomed.
We do not need liquid blurt in sponsorship and even upvotes are welcomed.
Do let us know if you want to sponsor us with upvotes for our contest/quiz being shared here regularly.
I will now like to thank everyone who read the blog till here, do participate and don't forgret to support each other with upvotes as well.
Together we can win more and more as bull run is coming closer day by day.
PS : Bull Run is close and for that we all must start preparing, i am not a financial advisor but above is one of the channels i follow that has helped me get some good projects in my knowledge.
Cryptocurrency markets often experience panic due to several factors. First, extreme price volatility causes rapid and substantial value fluctuations, triggering fear of significant investment losses. Second, regulatory uncertainty contributes to panic as governments worldwide contemplate various regulations, creating uncertainty about the legality and future of cryptocurrencies. Third, security breaches like exchange hacks or wallet vulnerabilities erode trust, causing panic among investors worried about the safety of their assets. Additionally, market manipulation, often fueled by influential figures' comments or sudden policy changes, can induce panic by impacting prices or market trends unexpectedly. Overall, the combination of volatility, regulatory ambiguity, security concerns, and market manipulation fosters an environment of uncertainty and fear, leading to panic reactions within the cryptocurrency space.
A perfect answer to my question and if we talk about the continuous change in policies and new regulations like in India people are now in panic as there is a 30% tax on profit earned from crypto. That is not acceptable by the people, this is not promoting web3 but rather killing it.
We need reforms, the proper reforms to make it all worth for people living in India. Hardware wallet is the option for long term holding but at the end of the day we pay 30% of our earned profit, that is actually sad. ( be it 100 inr or 100k inr you pay 30%).