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RE: Headlines for the world of Cryptocurrencies - September 12, 2017
Upvoted, good article! I think we are all still awaiting further clarity on Chinese ban. Not sure whether the current retraction and then again a gradual recovery will be sustained. Ideally, I would want to see one more big fall so I can buy some more before it rallies up again :)
Exactly! Same here fellow trader.
However, what I really do not want to hear is that the Chinese or any other whale/s is spreading all this FUD just to lower the prices down for entry. I cannot comment on this yet but I have heard news that the Sept. 4 ongoing event led to a lot of very big players moving some of their money from stocks and into cryptos. I'm still on the prowl though but this might be breaking research.
On the other side of the world, its a backbreaking hit to Chinese economy if they opt out of Bitcoins and cryptocurrencies. As being the richest people in the world, they also know that. The government is just protecting its assets and will be producing strict regulations for the next exchanges and ICOs to come.
It's a good thing to always act smart and not be loose handed especially when investing. :)