CoinDCX CEO: Indian investors are buying Bitcoin on dips, investment is becoming more rational

According to market news, CoinDCX CEO Sumit Gupta revealed that Indian crypto investors are buying Bitcoin and other L1 project tokens (such as Ethereum, Solana, and XRP) on dips and maintaining a diversified portfolio.

Unlike the speculative behavior in 2021 that chased high returns, current investors are more focused on fundamentals and long-term value, making more rational investments through systematic investment plans and limit orders. The Indian government takes a cautious regulatory approach to crypto assets, viewing them as taxable virtual digital assets (VDA). The 2026 budget continues to maintain a 30% tax on crypto gains and a 1% transaction source tax, while strengthening compliance requirements for transaction disclosures.