On Thursday Jan. 11th South Korea publicly stated that they were preparing to ban all Cryptocurrency. As South Korea is one of the biggest market movers in the Crypto industry this news sent shock waves through the markets and prices were in the red and dropping severely. We have seen fun like this on one more than one occasion with China making similar statements as well as Jamie Dimond of JP Morgan Chase stating that Bitcoin was a fraud! What we all can learn from this as Cryptocurrency Investors is that any bad news shall pass like a small rainstorm and the sun will soon shine on crypto's even better than the week before.
HODL = Hold on for dear life, were going long and were going to the moon!
FUD = FEAR, UNCERTAINTY AND DOUBT. We ignore this B.S and Buy the Dips!!!!
MEME Courtesy of www.bestcryptowallet.com