Crypto Bloodbath

DerKaiser's picture
Rank: Baboon | 124

With the news that Korea and China (Europe as well) are considering or are implementing regulatory measures on crytpocurrencies and exchanges, cryptos are getting absolutely crushed. It seems as more and more central banks/governments seek to combat the surge in crypto popularity this blood bath will continue. The "value" is clearly based on whether governments will regulate the currency/exchanges. Any news that makes regulation seems likely crashes the coins. I've always been of the opinion to stay out of cryptos. I missed out on getting crypto-rich quick but I'm also not losing my rear right now either. Maybe there will be a good opportunity to buy the dip?

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Jan 16, 2018