Skip to main content

Posts

Showing posts with the label Markets

Why You Shouldn't Invest in Cryptocurrencies in 2018

You have probably heard of cryptocurrencies by now. Then you are most likely wondering whether you should invest in cryptocurrencies or not? Well, let me tell you the untold story of cryptocurrencies. The story starts in South Korea. The world of cryptocurrencies has been shaken on Friday by news that regulators are preparing for a ban on cryptocurrency trading in South Korea, as evidenced by the raid on UpBit (the country's largest crypto exchange). The fight against money laundering in cryptocurrency markets is being taken seriously by South Korean regulators who intend to bring an end to the cryptocurrency El Dorado. Picture taken from IQ Option Should you invest in cryptocurrencies? The answer is a big No, at least not now. The recent events in South Korea are going to trigger regulatory interventions worldwide which will certainly lead to a sell-off by investors. The irrational frenzy behind cryptocurrencies will benefit investors who entered the crypto market e...