Everything is Red - China What will be with you?

in bitcoin •  7 years ago 

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Coindesk News
News from China has sent us into the depths, usually, such news should no longer affect the market value, but after the shuffle of the market and good planning, such things can happen. China wants to ban all cryptocurrency exchange in the country, From what I understand trade between people is still legal and possible.

In addition, South Korea is testing the possibility of stopping Cryptocurrency exchange because of the great arbitrage that was there on two stock exchanges which are now investigating.

This is not the first or last time there are such declines.
The good side of the story is that every time China took us down the Bitcoin went higher after that. In such period the best thing to do is to be calm and not make mistakes of beginners and sell.

Good luck to all and for more greener days :)


@KingDavidHarp
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I will hodl some coins but also get rid of some. These things gives me a reason to go over my portfolio again and decide which coins do deserve to be in there. The one who will be missing the cut will all get a price tag and will be ditched if the time is there!

"to go over my portfolio again and decide which coins do deserve to be in there."
Exactly! This is one of the most important things in building a strong Portoflio.

It was the same before the China Party Congress and the ban applied at this time but after that there was a boom for all crypto. Let's hope for the same thing again, even that this time the correction seems very strong with two digit decrease for all coins. You have to go very down at 78 place on the list to find Neblio in green (expect USDT and GAS that is normal to be in green). By the way do anyone know something more for Neblio expect whitepaper and roadmap published on their site?

i resteem you please resteem my post also any my post plz

stop this or you will be blocked in the group, if you paid using our group that's not allow you to spam !

Panic it's on the way ,
People just can wait for to see the currencyes growning again

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i wish that btc will down more that i effort to buy some