Ashish Nagose, a flower-shop owner from Nagpur, India, is among a growing number of Indians turning to cryptocurrency trading. He’s been attending daily classes for two months, seeking to understand the complexities of the crypto market.
Nagose previously traded stock options but is now drawn to cryptocurrencies due to tightening regulations on equity derivatives in India. He sees crypto as a potential hedge against economic downturns that could impact his family business. He hopes his new skills will help safeguard his flower shop and provide financial stability for his family. This shift reflects a wider trend of Indians exploring cryptocurrencies as alternative investments.
Source link
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.