china make this news every week. same with south Korea.
big miners play to sell them bitcoin in high price.
wider ban on Crypto can happen as regulation.
china make this news every week, you said this. well, It means market is not running stable more than a week as China make this news every week continuously, I don't know whether they release this type of news weekly base. but I can see that Now they Crypto market has not been stable more than 1 week. if one week went going well which mean next week market gonna crash..
Crypto market is a very unstable market right now.
We need it to be stable more than this to deal in it.The market is what it is and we cannot change it you can choose to not participate if for you the risk is simply too high but if you decide to participate then you need to accept the risk, it is not rare to find people in the forum claiming how bitcoin is a fraud because they lost money, when in fact they lost money because they did not knew what they were getting into.
I agree with you. I got in to this knowing the risk. There is saying of Warren Buffet, If you don't know what you are doing you are risking your money, Crypto market's recent instability also occurred to due to this new uninformed traders, They came to the market hoping for quick profit as Bitcoin price were rising..and suddenly they became panic sellers due the fear.
Greedy invited them to be in, Fear asked them to exit from it. that's how it works,