Post
Topic
Board Economics
Re: Chinese New Year - Effect On Crypto
by
Kidmat
on 12/03/2018, 22:34:22 UTC
Hi everyone, as it was Chinese NY on tbe last Friday I was wandering what peoples thoughts were on its possible effect if any on the market place. This holiday obviously effects a number of countries in Sth East Asia not just China; I would think that this period could potentially see a huge number of individuals cashing in for the festivities.

What are peoples thoughts on what to expect !?! could be a lowering or market cap & another / even better buy position for your Onions..


often a big day or a particular religious event becomes the cause of the rise or fall of the value of a stock. this of course also applies to crypto currency that could be affected, but that's just my opinion alone
On that day we could really expect price is fluctuating that affects always the market. Price drops down because of that event it is also a good to buy or invest in crypto.