my take on the crash today

in #cryptocurrency7 years ago

I am not a crypto expert but as all coins on my portfolio(ven,nebl,ada...) took some knock,I did some research....
As I figured out most of the crash was due to South korea bvanning cryptos news and some china news and hack news.
The hack thing is usual in crypto....thats not worrying.
The china news is true but China is not banning cryptos...they are just putting some regulations,thats not that bad.
And about the South korea news I researched deeply.One of their ministers want to ban cryptos but I have got something for you here.Regarding the banning attempt 200000 petition has been signed in South korea to stop the process and 30,000 signed in favour of dismissing the minister himself from his position.
And something secret,the Russian President Putin is planning to launch a crypto or helping to launch a crypto to effet the dollar value which is good for the cryptos....
The most important thing here is to hold,they will all come back.

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