Post
Topic
Board Speculation
Re: bitcoin and chines new year
by
FH Hussin
on 06/02/2018, 07:19:20 UTC
Today bitcoin shocked me, dropped so drastically to the amount of $ 6000. making some people worried. and some call this condition is a good crushing.

and within a few days we will be facing Chines new year, how do you speculate when bitcoin meets a chinese new years? will they sell more bitcoin or will they buy more bitcoin with angpao?

In my opinion, most of the people who celebrating Chinese New Year will be selling more even if the price go down, but the other people who not celebrating officailly the "CNY" will be buying it more. I will buy more for myself for sure. Wink