WE ARE PLANNING TO INVEST IN BITCOIN. BUT WE HAVE DOUBTS BECAUSE OF THE NEWS THAT CHINA WILL BAN BITCOIN EXCHANGE ON THEIR COUNTRY. DO YOU THINK IT IS STILL SAFE TO TRADE IN BITCOIN? IF WE BUY NOW AT CURRENT RATE OF $3600 WILL THE VALUE GO UP OR GO DOWN?
Although china has a huge population, chinese people are just a fraction of the total number of people that use bitcoin. So in theory, china doing something against bitcoin wouldn't affect its price that much. So don't worry anout china. Plus, why focus on the bad news? Thee are a lot of good news about bitcoin today. You should just focus with the good news instead of worrying about a few bad news. But then again, I ain't someone you can trust, so You will just have to look at the charts yourself to be sure.