PANews reported on February 5th that, according to CoinDCX CEO Sumit Gupta, Indian crypto investors are buying Bitcoin and other Level 1 tokens (such as EthereumPANews reported on February 5th that, according to CoinDCX CEO Sumit Gupta, Indian crypto investors are buying Bitcoin and other Level 1 tokens (such as Ethereum

CoinDCX CEO: Indian investors are buying Bitcoin on dips, indicating a more rational investment approach.

2026/02/05 08:27
1 min read

PANews reported on February 5th that, according to CoinDCX CEO Sumit Gupta, Indian crypto investors are buying Bitcoin and other Level 1 tokens (such as Ethereum, Solana, and XRP) on dips and maintaining diversified portfolios. Unlike the speculative behavior of chasing high returns in 2021, investors are now focusing more on fundamentals and long-term value, making more rational investments through dollar-cost averaging (DCA) plans, limit orders, and other methods.

The Indian government adopts a cautious approach to regulating crypto assets, classifying them as taxable virtual digital assets (VDAs). The 2026 budget maintains the 30% crypto income tax and the 1% transaction source tax, while strengthening transaction disclosure compliance requirements.

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