That is the beauty of digital coin market. It is volatile and somehow unpredictable. The main reason behind this is bitcoin. All digital currencies depend on bitcoin which is a way too fluctuating and makes it a tough job to predict the price changes. For now, we all know that halving is expected in 2020 and that event basically pumps the value of bitcoin. However, before that prices will face a decrease.

China has taken the right step looking at the future! The Chinese government is aware of the risks related to cryptos and decentralization! They are aware that serious financial frauds can be organized using cryptos and hence they want to roll out strict regulations to prevent such misconducts from happening! That makes sense!

However, don't link the current downfall with this announcement! Such news may have affected botcoin's price to a certain extent but not entirely! There are other things that might have played their part as well! Don't forget about upcoming black friday and Christmas!

It's only a matter of time before they start enforcing kyc verification throughout their whole set of services. First important sign of them squeezing out non kyc users is them lowering the daily withdrawal limits (currently people can withdraw 2BTC per day). Other exchanges have followed the exact same route.

I'm quite sure that Binance already roughly knows when it will start doing so. Everything they have done thus far was planned well ahead. It will be a surprise to those using Binance, not the exchange itself.

Crypto is already booming. The price of Bitcoin does not need to be near 20k USD for the coin to be considered booming. Considering we struggled to even break 1k in the past, where we are right now is definitely a healthy place. We were at one point on the verge of mainstream adoption and then the giant crash happened when the bubble popped. This turned away the general public but not necessarily to the point where crypto isn't booming. Large financial firms are using Bitcoin, trade volumes are high, and the price is in a decent place so we're doing perfectly fine.

I do not find any such real reason as of now that market will not rise back again . Though it is a temporary phase of being down and we can see that it has happened in the past as well and rose above too after the fall . So good time to buy again some coins .

There is a lot of knowledge on the internet, be it facebook, youtube, and here. You can learn a lot from experienced people, but the most important thing is that you need to synthesize and draw experience for yourself. All the successful traders I know have learned from their mistakes. And the important thing to remember is that not everyone can become a trader in the cryptocurrency market, if you are not able to become the best trader, you should never try.

To be exact, not only videos will able to help you on what we should learn first about trading. Inforgraphics is another way on making it easier for us to learn to trade. It is also important to know terminologies and know exactly what it means. I'm sure you know about infographics and how it helps many users understand easily even if it's not a video that you can play.

Those are nothing but accessories, what you need is skill, and if you don't believe me then you should read about the lives of the traders that lived many years ago, before the advent of computers traders needed to draw their own charts and they needed to calculate their own indicators by hand and then draw them by hand as well, and yet many of the theories of those using those very rudimentary tools are still used by people using the most advanced computers available today.

They've announced that they officially support the Turkish lira yesterday as well. So for now, the supported currencies are Kazakhstani tenge (KZT), Russian ruble (RUB), Nigerian naira, Ukrainian hryvnia (UAH) and the Turkish Lira. Even though I'm not a big supporter of centralized fiat platforms and the enforced KYC, what Binance is doing is definitely admirable, because by supporting more currencies (other than the USD, EUR & GBP), they are actually helping to spread crypto and making it easier to access.

Is it another term for stable coins? I think stable coins solve this already like USDT and some others which have equivalent to fiat. If this happens this is good, more pair option for traders and hopefully easy bashing out direct to bank account if ever. Good for binance they continue to innovate.