How can Indians take advantage of international exchanges?

For reference, I will use BTC as the basis of trading.
Below is the strategy to trade BTC successfully without downtimes.
  • Buy BTC on Koinex. This purchase will be in INR.
  • Move it to international exchanges like Bittrex or Kraken.
  • All your trading should be on these international exchanges. As the mode of transaction is in US dollars, do not think in INR. Here your intention should be to increase the quantity of your BTC holding. E.g. if you have say 0.5 BTC, over trades your intention should be to increase it to 0.55 or 0.58 or 0.6 BTC. Any reduction (no matter how small) should be taken as a loss and any increments should be taken as profit.
  • Just want to point out that even if you lose some portion of the BTC, you might still be making money but this is due to increase in the value of the BTC rather than your trading acumen. So, all your efforts should be to increase your holding.
  • If you want to better understand how good you are on trading, check the total number BTC that you purchased from Cash (money that you transferred into your trading accounts). That is the total BTCs you started with. Now check your current BTC holdings and see if there is any change. If it has increased then your trading strategy is good, if not it would have been a better choice just holding the coins rather than trading. If your holdings have actually reduced than what you had initially invested in the system, do not bother transferring it into international exchanges. Just move it to a paper wallet and hold the coins for say a year and check the public address occasionally (once a month or every 3 months) on https://blockchain.info/ site.
  • Once you are done trading your BTC on international exchanges (in case you have a successful trading strategy) or holding your BTC on a paper wallet (in case you are not good at trading), you can move your BTCs to Indian exchanges like Koinex or Unocoin and encash your coins. However, do this only when you are ready to book profit. Moving coins across address will waste valuable resources as fee.

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