Will crypto market be better after China's ban?

[Freemind]

The problem is not just that Elon Musk talks too much, the problem is that the entire zombie army that follows him sells their coins/tokens when Elon says something. The statements of the Chinese government is something that we have been hearing for many years, what Elon Musk and his minions have done is the first time that has happened.

It's only natural that many of Elon Musk's followers follow everything he says on Twitter about crypto, because Elon is a very rich and famous person, pal. maybe for them following everything Elon Musk said could make more money.

Doing what a rich man does does not make much sense if you are not rich, surely Elon Musk does not mind losing $100,000 for example, but whoever follows him does care, I hope you understand me. We can ask that question of people who bought Doge for $0.7 and now only have half their investment. To earn as much money as a rich man you have to be rich.

[piqulhdt28]

Doing what a rich man does does not make much sense if you are not rich, surely Elon Musk does not mind losing $100,000 for example, but whoever follows him does care, I hope you understand me. We can ask that question of people who bought Doge for $0.7 and now only have half their investment. To earn as much money as a rich man you have to be rich.

I agree with you, but everyone has their own choice. Of course it's different buddy, if all Elon Musk's followers have thoughts like you, of course every Elon Musk tweet will not affect the price of crypto.

[Vx1]

Let me say the market will be best self, because crypto market is a world market, not a single country can influence it, even now that Indian has legalize it. so more will be achieved, so that is it.

The Cryptocurrency Market is indeed a World market, but in reality big countries always have a big influence on Crypto prices. And this has been proven, can not be denied. Big countries such as the United States and China if they have announced news about Bitcoin and Cryptocurrencies must have had a big impact.

[Freemind]

I agree with you, but everyone has their own choice. Of course it's different buddy, if all Elon Musk's followers have thoughts like you, of course every Elon Musk tweet will not affect the price of crypto.

For that reason, Elon Musk shouldn't have any influence on the market. What people who follow Elon must learn is that they can't play the same game as him, it could be the fastest way to bankruptcy. And yes, it is those people who make their own decisions, but that does not imply that they are correct or good decisions.

[piqulhdt28]

For that reason, Elon Musk shouldn't have any influence on the market. What people who follow Elon must learn is that they can't play the same game as him, it could be the fastest way to bankruptcy. And yes, it is those people who make their own decisions, but that does not imply that they are correct or good decisions.

I don't mind the decisions that other people make, because in life we ​​all have our own ways and beliefs. maybe they think that following Elon's invitation is something that can change their financial situation. Of course we can't prevent and forbid them, because no matter how strong we are, we certainly can't change their minds.

[Freemind]

I don't mind the decisions that other people make, because in life we ​​all have our own ways and beliefs. maybe they think that following Elon's invitation is something that can change their financial situation. Of course we can't prevent and forbid them, because no matter how strong we are, we certainly can't change their minds.

I am not trying to get people to change their thinking, what I would like is that the actions of those people (usually without knowledge of crypto or blockchain) do not negatively affect the market. And for that to happen, each person should make their own decisions, not those of a rich man. I know it may sound crazy, but I assure you it's not crazy.

[Limabd]

 I think that everything will be ok.The Chinese government's attacks and bans on Bitcoin is something we have seen multiple times a year since 2013.It comes back every year. The whole time they buy the dips.But after a while the cryptocurrency market anyway was recovering, so I am sure that everything will be fine with the cryptocurrency market.

[rizqillah]

I think that everything will be ok.The Chinese government's attacks and bans on Bitcoin is something we have seen multiple times a year since 2013.It comes back every year. The whole time they buy the dips.But after a while the cryptocurrency market anyway was recovering, so I am sure that everything will be fine with the cryptocurrency market.

I think bitcoin will be more popular and will accept in Chinese..
Don't worry I about this.
Bitcoin is the future currency and will have brighter future than now.
I see bitcoin market starting to go up again, I believe It will recover again..
Believe it.

[gunhell16]

Every time there is something that China will do something bad about in Bitcoin or cryptocurrency it always affects the market,
but even is like that the cryptocurrency, in the end, recovered this was what I saw for a couple of years since 2017. Therefore we don't have to worry about what China did about banning cryptocurrency and bitcoin. Let's still hold for it of course.

[piqulhdt28]

I am not trying to get people to change their thinking, what I would like is that the actions of those people (usually without knowledge of crypto or blockchain) do not negatively affect the market. And for that to happen, each person should make their own decisions, not those of a rich man. I know it may sound crazy, but I assure you it's not crazy.

Then how can they change their minds so they don't follow Elon's invitation? and not make the market go down? i need a solution for this, or should we just sit down and follow it all?

Every time there is something that China will do something bad about in Bitcoin or cryptocurrency it always affects the market,
but even is like that the cryptocurrency, in the end, recovered this was what I saw for a couple of years since 2017. Therefore we don't have to worry about what China did about banning cryptocurrency and bitcoin. Let's still hold for it of course.

yes indeed news like this has often happened in various countries not only China, for now the best solution is to keep your coins in your wallet, don't sell them.

[Freemind]

Then how can they change their minds so they don't follow Elon's invitation? and not make the market go down? i need a solution for this, or should we just sit down and follow it all?

No, everyone must make their own decisions, I think I made it quite clear in my previous post. It does not seem strange to me that each one decides for himself. Questioning everything not only makes us think and be smarter, I think it also makes us better people. Thanks to that we can look for many more possible points of view.

[aiviaa485]

Now this news from China is gone and all cryptocurrencies are back in the green and I'm getting a little profit.
Of course after the bad news there will be good news because the good news will change the price of all cryptocurrencies.
When cryptocurrencies are planned to be dumped, there will usually be a price change coming down from bad news, such as China banning Bitcoin mining.

[DAMKAR]

Now this news from China is gone and all cryptocurrencies are back in the green and I'm getting a little profit.
Of course after the bad news there will be good news because the good news will change the price of all cryptocurrencies.
When cryptocurrencies are planned to be dumped, there will usually be a price change coming down from bad news, such as China banning Bitcoin mining.

I think Chinese government several time announced to ban bitcoin mining.
And several time, bitcoin dumped and be bounce back to grow.
I believe We will see bitcoin improve again and we can do daily trading in bitcoin.
I see bitcoin back to green.
So let's see the bullish season will happen soon.

[pealr12]

From what we have seen since the time btc was first launch till now, i would say btc by 2025 would probably worth more than 100k, past experience has shown that btc will do well in years to come, as more people discover btc so will the price increase, i believe crypto in general will be on a much higher level by then.

[vegasus]

Actually, there are some other negative issues, and FUD always spreading about cryptocurrency. This is bad enough of course, but as time flows by, I am sure that the market will be better soon.
This may be not easy, but, the crypto community is very big and I am sure that many whales also really expect to have another bullish reason again this year.
Hopefully, $100k price of BTC will be really happened this year