Is buying crypto profitable?

Is Buying Crypto Profitable?

Buying crypto can be profitable if the price goes up and you sell at a higher level than your cost. It can also lead to losses if the price falls. Crypto is volatile; past performance does not guarantee future results. Many people have made money, and many have lost. In India, any profit from selling or swapping crypto is taxable at 30%. So "profitable" means after tax and fees. Only invest what you can afford to lose, diversify if needed, and do not rely on crypto for essential goals.