Cryptocurrencies such as bitcoin and altcoins suffered a huge setback with a whooping decrease of 40% in market value on Tuesday, January 16th which is believed to be as a results of regulatory pressure from countries like south Korea >and China.
Data analysis; reports reaching us has shown that, its as a result of the increase trading sanctions from Beijing and seoul.
Do you think this is the time to invest in cryptos?
When I first heard this news, a lot of questions came to mind . First I thought it was a hard fork for bitcoin and other cryptos , and then also, I thought there was going to be another bitcoin bubbling. As a newbie who wouldn't love to see another bitcoin bubble. But then I realised that I haven't invest much into cryptos yet so there is no cause for alarm. And to all those who invested it is up to them to decide their faith
But I always have the believe that all crypros has come to stay and even take away the power of traditional banking that is why I always believe that most of the cryptos has a future and their prices will rise and keep rising from time to time so it worth it when you invest in cryptos.
Disclaimer: I am not a financial adviser nor an expert in this, so do not take my words and decides to invest without any thorough research on that.
Ups and downs come in the way. But i thing this the best time to investment. As the day pass the digital cash rise on its way.
Yh
you are on point @acrossmind