NEO UPDATE!!! Don't lose hope.

NEO will thrive and go back up! If you've invested in some and were thinking of cutting your losses from the market crashes, then don't. 

I'm no expert in cryptomarket analysis, but I'd like to think that I do have great insight on China and it's people from the experience of all the years I've been here.

NEO is China's biggest coin and the Chinese people will not let it die out. Due to the ICO ban from the government which by the way wasn't intented to kill off all ICO's here but actually to protect the citizens from investing in pump and dumps so they wouldn't lose their investments on bad/fraudulant coins. Once all these new regulations have been met, NEO will jump back up at full force. Everything China does (whether negative or positive in our eyes) is for the sake of the country and it's people. This is their digital gold and it is going to go far, I say this because I believe in China and it's potential. The rate at which this place is developing is no joke, and NEO is part of their future. Allowing NEO to simply die off is completely out of the range of my reality.

"For its further development in the post-regulatory era, NEO said it will continue to develop under the existing legal framework and will also take the initiative to dock the international regulatory situation and establish a legal framework that meets the major national compliance requirements in the fourth quarter of this year." 

The above was taken from this chinese website which you can check out by yourself. It's basically an update of what happened to NEO recently and what's going to happen to it. 

Once these regulations have been met there's no where to go but up, so don't lose hope on it even if it's recently been one of the biggest losers in the market. Hold on to it and I dare even say invest right now while the price is still low!

Hold on to them, as tight as you'd hold on to the last piece of gold left on earth!

Thats my two cents on the matter, I could be wrong but then again who knows anything about the future? Everybody is entitled to their own opinion and I'd love to hear yours too so feel free to comment. We could always learn more from each other. And if I did make a mistake in translating what I got from the online source then please let me know.

Peace out and have a nice day!