Due to the media, it has been published that, there was a restriction by some countries in the Asian continent, this has affected several cryptocurrencies in recent days. It is inevitable not to feel the tension, fear and doubts about what happened with the fall of these cryptos For the dates in which we are, it is very common that such an event occurs, like at the end of the year this usually happens, because the economy is still based on dollars and the prices of the cryptocurrency are also based on dollars, It is clear that investors are going to withdraw profits. generally in forex it is also very often seen that some traders move away from the market the last days of December, due to the volatility that occurs, another fact that also influences is the prohibition of cryptocurrencies in some Asian countries as stated above, making obvious the decrease in market volume and thus we can expose ourselves to dangerous positions, that is to say in case of being trading in real time, and we could also suffer corrections but it is natural. Trading is totally ruled out when cryptocurrencies are in this state. Due to the high risk of losing, in other words if you are going to invest the best is to invest in a long-term cryptocurrency.
In recent days, most people have wondered what really happened with cryptocurrencies. Seeing in CoinMarkert that most of the cryptos had a very low value, shows that it is a shallow market, but what really happened was that CoinMarket decided that the prices he had in mind were from South Korea, and he will not take them in account, since South Korea is becoming one of the countries that most plays with the prices of a cryptocurrency, than in the rest of the exchanges.
While it is known that the news and decisions of countries affect the prices of digital currencies, undoubtedly, the most important factor is the manipulation that some exchanges make of the market, and thus they decided that they would not take into account the prices of exchanges.
Here we can see Bitcoin as an example.
We entered Bitcoin
Then we enter markets
And we noticed that the exchanges used to appear first, now the Korean upbit with force of 3 and bithumb with force of 11, have an asterisk, since you can see that in most countries they paid 10 and 11 dollars and here they pay between 13 and 14 and they even paid 22 dollars, what seemed to CoinMarket that that was not a real price. And so the same happened to Ripple and other cryptocurrencies.
Which means that there were no setbacks or the cryptos fell, we are only having prices a little more real, This is reflected in a constant fluctuation of cryptocurrencies, however. It is a brief phenomenon of decentralization, it is very likely that in a month all cryptocurrencies will normalize and could even rise twice as much as they were before, As is the case with onions, it is a good time to buy a large quantity of onions, taking advantage of this phenomenon occurred by the novices who sell all their cryptocurrencies for fear of losing, it is time to invest in cryptocurrencies, there is no need to fear, the value will return to normal in less than what a rooster sings, we must remember that the bitcoin came to raise approximately $ 4000 in just one day, and do you worry about this short break? It's time to expand the boat and have confidence in tomorrow.