The crypto market is vulnerable to turbulence caused by various negative news. Not only the negative impact of China, just like Musk’s tweets will also affect the market. Investors will panic because of news or certain events. China is a big country with 70% computing power. Suppressing the virtual currency field will certainly cause investors to panic and sell off the tokens in their hands, causing the price of Bitcoin to fall, but this is temporary. I hope investors can overcome their own psychology and insist on holding Bitcoin. Not affected by the market.
It is difficult for investors not to be affected by government policies. If the risk is greater than the benefit, they will choose to miss it. Maybe the investment amount is most of their assets, so they dare not take risks.
