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Fear, uncertainty, doubt: The FUD reality of crypto users
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economictimes.indiatimes.comcrypto trader, spent Tuesday night desperately trying to sell a part of his cryptocurrency portfolio, but the trades wouldn't go through. He couldn't even buy some more coins because the wallet wouldn't add money.
The panic sell-off was triggered after a government bulletin announced that a crypto bill would be introduced in Parliament's winter session and that «all private cryptocurrencies would be prohibited». «It was a frustrating evening; the price was fluctuating so much.
I was trying to sell some coins and buy a few to average out but was unable to do so. There was a problem with the MobiKwik wallet and it lasted till Wednesday.
The prices went up the next day, and I lost out because I couldn't trade,» he said. The Wazir X app
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