China-based bitcoin holders scramble to safeguard their crypto assets

China-based bitcoin holders scramble to safeguard their crypto assets




CNBC’s MacKenzie Sigalos reports on China’s latest move to curtail its domestic crypto market.

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24 Comments

  1. I feel there are more to this market than we know. Ask for a proper guidance before
    !nvesting in this pretty much complicated market. I've made over 38 b tc from an allocation of 15 b tc over the last 8 months using David Wong help. Things might get worse so just make the smarter move πŸ‘‡πŸ‘‡

  2. Iϝ there is one thing I have learned in recent months it is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses.The market is very unstable and you can not tell if it's going bearish or bullish.While myself and others are trad! N without fear of making a loss others are being patient for the price to skyrocket. It all depends on the pattern you follow. I was able to make 6.5BTC from 2.4 BTC in just August from implementing trades with tips and info from Eugene Leon β˜… TELEGRAM @ [ Egleon4 ] Cheers……..

  3. ”Bitcoin and Ethereum appear bound for high volatility as several on-chain metrics suggest that buying pressure is accelerating. Still, these cryptocurrencies must overcome one obstacle to resume the uptrend. Bitcoin and Ethereum could be ready for a bullish move. Whales behavior suggests that the incoming spike in volatility could be to the upside. In the last 24 hours, wallets on the network with 100 to 10,000 BTC have added more than 80,000 BTC to their holdings.”

  4. China is not banning Crypto repeatedly. Each rule is different. They are squeezing out crypto like toothpaste. Starting with less common crpyto functions, moving to common function, to basically an all out ban now. This gives Chinese people time to figure out how to unload BTC and sell in a timely manner but still banning it over the long term.

  5. lol such fud much wow. This attorney claims to be getting calls from people wanting to protect coins on cold storage? do you even know what you just said?

  6. I have been investing in stock since 2013 , but I must confess that since I started trading and buying crypto I have made more , this is the FOMO September for incoming dip in October . It is manipulated but that can be a good thing if you understand it . We should all know that when these reports are bullish take some off to the side lines , when news gets bearish start buying . " Keep it simple simple " that bear / correction was the best thing that happened me. but all thanks to Daniel Wright for his amazing skills for help me to earn 17 BTC through trading chart. I believe we are in the spring phase, y’all can contect to stack up more in this period

  7. <I respect your work mate, because you are pointing people in the right direction, this is the FOMO September for the incoming dip in October. It is manipulated but that can be a good thing if you understand it. We should all know that when these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that happened me. but all thanks to Expert James Crown for his amazing skills for help me to earn 20 BTC through trading chart. I believe we are in the spring phase………………………..

  8. china is going to fall. Cryptos are blocks of money that can increase in value good for swing trading, great for international transanctions, low interest borrowing, high interest payments to lenders

  9. They can talk negatively as much as they want but banning sh*tcoin is a great step against black money, environmental harm and financial inequality. Currency should be owned and backed by govt. of the people not those doing bogus activities.

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