Post
Topic
Board Altcoin Discussion
Re: The current news in China is just a fud or something more?
by
cryptothreads
on 25/11/2019, 01:32:15 UTC
I saw many posts regarding the recent China news or police raid fact. Nothing is real in that case? What's the thing Chinese Gov is going to do in next? Sometime, it seems to me that the Gov is with blockchain, sometimes, they aren't. Feeling confused.
I think this is FUD news affecting the psychology of investors and after this time the market will continue to fluctuate. I'm not sure what will happen next but the bear market will continue to last until this year so there won't be many good opportunities for people to make money. However, if you consider buying Bitcoin at $6900 today, this is the safest option for investors.

Of course, China will make the market worse and whales will buy very cheap prices so don't sell at this stage.