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RE: China To Ban Cryptocurrency Exchanges Once Again - Don't Make Me Laugh!

in #china7 years ago

problem is altcoins are exchanges with btc mostly and some to etherium, so if bitcoin drop they drop too, we need more exchange pairs like altcoin to altocoin not to btc, so then this swings not be so huge to altcoins.

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You can divert ressourced into smaller no name coins, but that does not help you and exposes you to volatility.

You'll just have to endure the manipulaiton because the big player (BTC, ETH etc.) will be the target of the manipulators.

However, you should appreciate that you are not falling into the trap (that is selling out of FUD aka fear, uncertainty, doubt).
According to the Pareto distribution that already makes you better than 80% of investors so cheers to you :D