An old man is already enough to give people a headache, and the whole family is sucking blood from the cryptocurrency world.
Now another little guy comes along! He also wants to take a share of the pie; it seems that money in the crypto world is truly easy to make.
Everyone knows that South Korea is one of the most active countries in cryptocurrency trading globally, with a mature blockchain technology ecosystem and a large number of retail investors.
However, the current regulations in South Korea impose strict restrictions on cryptocurrency trading and ICOs (Initial Coin Offerings), and Hong Jun-pyo's promise may signify a push for regulatory reform to embrace virtual assets in a more open manner.
This news seems favorable at first glance, but in reality, it's still a favorable outlook that turns into a negative impact when realized, following a script just like Trump; although it may not have as significant an influence as the Americans, one cannot underestimate the enthusiasm of these guys for trading cryptocurrencies, which is still quite fierce!
The scale of cryptocurrencies will continue to expand under the influence of these people, and more people will keep joining in.
All coins can be wildly pumped as long as they are on the Korean side!
What Jinbao wants to say is that the current market no longer relies on technical aspects but is entirely controlled by the impact of news.
In the future, we need to pay more attention to news information and market sentiment, and then combine it with certain technical aspects for operation.
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