JoE

China banning bitcoin again, what do we do?

Short
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Here's the simple setup for the current situation. China is still a major player in this field, if all Chinese exchanges gets shutdown will certainly bring further panic. Here I have 2 short ideas, both are low risk high return.

Cheers! HAPPY TRADING!

Comments

Great entry.
+1 Reply
china is not closing any exchange and banning BTC. that was just fake news. they just banning ICO´s.
Reply
JoE TraderSD09
@TraderSD09, I am a native Chinese speaker, I can dig into things. Are you even Chinese? Probably not. I'm not here to argue though, don't call it fake just yet unless you really know how things work in China.
Reply
@JoE, can you not relieve of us all this angst then by revealing what is it is that makes you so sure the China news was not fake? Simply saying "I can dig into things cuz i speak Chinese" is not only vague and unhelpful but also provocative.

I get that you're not here to argue but it's as if you're trying to be helpful on the one hand with TA and then staying tight lipped on the other. Are you in mortal danger? If not, do share! :)
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out