Crypto craze: Should you join the party?

Bitcoin prices recently crossed $1,20,000 which translates to almost 90% year on year return! No wonder investor interest in cryptocurrencies is back roaring. A recent report points to Gen Z under 35 years making up 71% of India’s cryptocurrency investors. Investors are pumping more money into cryptocurrencies driven by quick returns and favourable global trends. But investors mustn’t forget that in India, cryptocurrencies are not regulated nor a legal tender.