Asian market is pulling millions off the crypto currency market as South Korea Bans the currency.

in #bitcoin7 years ago

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South Korea has just banned cryptocurrency from its country and its citizens, destablizing much of the market and causing the recent plunge in market value.

Whats worse news, Japan and China could possibly follow suit. Those in the northern states of USA wont be the only ones waiting for the storm to blow over. could be a few days an weeks before we see the market finally stablize.
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Always buy the weak price. Lots of people selling, lots to buy, everything on discount. My favorite times of the market if I'm being honest, because when you buy in is when you make your money.

Briggsy! heck yess, you know where the money and the excitement is at. buying weak stocks that are all garunteed to rise and x10 what you invested when the market re emerges

Crisis over, it is now news that its only regulation, not under strict ban

This is when to be ready to buy the dip. Even when central Govt's "ban" crypto, enterprising people will find a way to circumvent these efforts. Its possible that this just gives cryptos more exposure and sends us to the moon!

exactly, and redistributing into the slowest dropping currency while everyone calms the F down will help save as much of your profits in this dip.

I hope thats the outcome, more exposure jacks the cryptos out of abnormal proportions

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