Hey Steemit,

Today EVERYONE in the ALT coin game, whether you day trade or hodl, can feel the pain of the prices drops on the charts. I wanted to first of say KEEP HOLDING, it is gonna be fine. The storm is almost over. I would like bring some peace of mind and let you know why there is such a drop in price on your crypto.

-South Korea False Flag Crypto Ban

Last week as I was hanging out, I pulled up my ALTfolio. I was astonished after seeing the price was steadily falling. After doing a quick google search I saw the headline, CRYPTO BAN IN KOREA!... The coinmarketcap had taken the korean markets off their average.. and of course this induced panic. Of course I knew it was a panic sell happening. Today the Korean Ministry announced there WILL NOT BE A BAN ON CRYPTO IN SOUTH KOREA.

-SEC denies the Wall Street bitcoin ETF's and ETP

The SEC Denied a second application for a product for tracking bitcoin. The SEC claims the markets are "Too unregulated"... Which shouldnt surprise us to hear from these people. There is one more ETP proposal on the SEC's desk awaiting its fate. We shall see what happens.

-Brokerages Overwhelmed

I have been trying to get as many friends into crypto as possible. With that being said a ton of the exchanges and brokers arent taking new people. The overwhleming amount of traffic is hard to keep up with and the brokers are scrambling to piece together a system that can take the influx of people. I think in a short amount of time these problems will be handled. I dont see the exchanges missing out on these opportunities for too long. It benefits them as much as the consumer.

I hope this helped to bring you some comfort in hodling your crypto. It will have a nice boom in 2018,

SO LETS GO TO THE MOON TOGETHER!!!