The fall in value of these Cryptocurrencies is alarming and it has brought great fear to the heart of Investors. The fear of, if it's gonna rise again or not.
So many countries, including China are gradually cleaning up trade platform over-the-counter, peer-to-peer network where large trade exchange occurs and firms that allow Chinese to trade overseas in the country.
China is preparing for a new crackdown in Cryptocurrency, planning to stamp out remaining trading in the country, according to state media.
Anonymous sources have being cited to regulate the risks of online finance risks.
Beijing also have shut down bitcoin exchange and other initial coin offerings have been ban.
No matter how these countries tries to put an end to Cryptocurrency exchange, alternative channels of trading always comes up; these include on Social media platform like WeChat, QQ and Telegram. This online group encourages large scale peer-to-peer transactions may suffer high scrutiny in months to come.
The International value of BitCoin and other Cryptocurrencies has fallen greatly and it fear a crackdown in Asia.
For some days now, the price of Cryptocurrencies has tumbled more than 50% of it's value as at November 2017.
This is just the beginning of crypto my man.
It will rise again
And this time
It will surpass the previous value
Bro, nothing is happening, this isn't the first time and it will definitely wont be the last. So just buckle up tight hang on for the bumpy ride
It is definitely heart-wrenching to watch the price continuously drop the way it has over the last few days. Every one keeps saying just hodl, but it is just hard to see the light in the darkness with so many people governments trying to play the books against the crypto world.
I feel one of the biggest issues was that the cryptocurrency market became more mainstream known too fast with a lack of knowledge, this in turn created a sort of chaos from people.
People treat it as if it were a savings account, then get surprised when it doesn't act like they expected.
Its a market bro, there is always a rise and fall.....This is just the beginning of crypto.Its here to stay
A wise man once said that investing in cryptos is only for the brave. With every great revolution there have been neighsayers, make sure you find youreself on the right side if this revolution fahm. You'll regret it if you dont.