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RE: Will Steem and other cryptocurrencies Die without China support?

in #crypto7 years ago

Very good point @gduran very rich speculators move all these prices and make a lot of money doing some. Some people will just sell off out of fear after buying high and endup as losers ...best strategy is to buy low and sell high even if you have to wait isnt it?

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Yes, the problem is if you don't have enough liquidity, I mean if you have say 100 grand laying around doing nothing you couldn't do better than buy some crypto, problem is not many people have more than the necessary for daily basics.

Good point, I agree with you.