These are difficult time for crypto market!
What do you think about Korean's news? Will crypto prices rise up again? Or this is the beginning of the end?
Is they totally banned crypto currencies.I don't think so they are just regulating the crypto currency exchanges on their country and they may create their own cryto currency soon.
Yes, it is more likely about some regulations just as it was before. And besides, people are signing the petition for the government to stop their actions anyway. I really think we now experience the repeated version of this September. The prices might go down even more but that's the greatest time to invest in coins when we still can. We already saw which coin can do what and so now we can just buy them and low prices and wait for about a month till we earn our profits.
Moreover, in a way it's even good that Korea is making the market drop, because then some other people will buy them low and thus the market will become more independent from Koreans and thus more stable and natural.
But there are other sections of the forum says crypto currency was totally banned in South Korea and added to that China also banned all the exchanges in their countries which is causing the huge downfall in crypto currency prices.We can hope that this ban maybe temporary ans soon they will find the regulation of crypto currencies.
So it maybe an golden opportunity to buy some crypto currencies,I will buy more BTC because the price is really digging under $12K maybe there is further decrease in bitcoin price for some more days so we can buy more coins for cheaper prices now.