Quote from: the1arty on February 04, 2018, 09:01:17 PM

Quote from: huffer2100 on February 03, 2018, 08:24:18 PM

With the Chinese New year coming, who believes that the crypto market with go down again? Speculating on whether to hold out to purchase more of some altcoins such as VIB, XVG, and looking at other possibilities

I am more interested if Chinese New Year will affect any volumes of trading and will the market consider Chinese been off, as they are really celebrating and do not do any business.

I think there is no direct relationship between china new year with the change price of cryptocurrency. but when viewed from the user side. if users from china celebrate the new year maybe they will sell some of their coins to earn money and celebrate the new year. maybe the price will go down because of that ? but that would be a good opportunity for us to buy. because of course users from China will buy back their coins because the celebration of the new year is over and they will resume trading again.