If you see on rbi's thought,it has already banned the crypto but supreme court of India has lifted this ban earlier this year and now government is planning to ban all crypto's and bring its own cryptocurrency, which will not give expected returns but let me tell you why government is planning to do so, it's because of government is thinking that it's protecting its population from unknown risk but let me tell you that government is protecting none but trying to fulfill its own interests. Let me tell you some losses which india is going to face by banning the crypto-
First,it will not be able to understand Blockchain technology which is future of digital transactions.
Second,if we see return on investment ratio of crypto compare to other sectors such as stock market and banks FD,are in a higher side.
The most common argument, you will find against crypto is that it is highly volatile and deregulated, I mean what the fuck,the answer to this question is simple. If one is unable to take higher risks then please maintain a distance from ingesting in these coins,let me tell you about my example, I have also not a lot of money but I am interested in these coins so I invested in a series but I never invested more than 10% of money in my portfolio concerning about Risk and maybe in future situation will change. Government is defending its steps in such a way that it is thinking all Indians are fools and can't take their decision.
This is a major setback of government in the direction of digital India where are we going?
Good decision would be when government doesn't ban crypto coin but releases its own crypto coin then we can see real position.