Quote from: Analyst101 on April 04, 2018, 02:50:46 PM

Why do so many people think that ICOs are illegal in Korea? There have been several successful ICOs in or from Korea. For example, ICON (ICX) is led by a Korean team in Korea. HDAC which is sponsored by a large Korean company named Hyundai is of course from Korea as well. Proof Suite (PRFT) is also from Korea. There are actual ICOs that are still going on. For example, ICO for Hycon. So I am just shocked at how the western media and many people on Bitcointalk think that its illegal to have ICOs in Korea. Its not. 😊

It's simple: people are ignorant and lazy.

Unfortunately, crypto hype has attracted a large amount of the worst kind of "investor".
The kind that was like, "I'm doing Herbal Life and it's going to make me a millionare!" or "All I have to do is hit is big in the lottery and I can retire!" type people.
Although I was happy that they brought in money last december that pushed the market to crazy heights, we are now suffering because of it.

The very nature of these types of people spreads fud and misinformation.
So hearing some kind of "ban" in korea causes a lot of false information to be spread.

the thing is, basing investment and trading choices on very little information, hype, or rumor is terrible practice.
Informed choices will always make you more money.
Taking the time to double check information and using the correct, real information to guide your trades is way more effective.
Should make perfect sense but a lot of people don't do it.