A new era of trading?

[Oneandpure]

I don't have problem with how many time United State try to make blood with cryptocurrencies, until tired and bored reading with bad news or announce by United State country every time how to make Bitcoin drop. Many people have trust and know what the advantage when investing their money in bitcoin exactly after United State Bank collapse last several months and they are realize right now better control my self with our money than save in the bank.

Not any impact yet with regulation from United State anymore, they want to give bad news or not Bitcoin still can stay behind many investor, seems United State have tired with how bitcoin progress keep move up every years with many people more interested with investing in bitcoin than other investment.

[fauzan Ichsan]

It doesn’t matter at all, if the US government interferes in the cryptos. If they make strict rules and regulations, it won’t affect a lot to be honest. Due to the decentralised nature of the cryptocurrencies, no governing body or person other than the investor can know how many digital assets or cryptos the trader is holding. So yes if they ban or put restrictions on exchanges in US, then the traders will completely shift to P2P trading. Yes we have seen these types of limitation in many places, so yes you can claim that this is a new era for all the traders.

Saying that it doesn't matter at all seem a bit of a stretch, US is still a big market and it's already proven that they have an effect on the market, remember when there was stimulus checks? It did have some effects on the market. Fanboys really think that being decentralized means that the world economy and market isn't going to affect the prices, people still buy goods and services with cash even if they use cryptocurrency most of the time.

the world economy does not have a significant impact on cryptocurrencies, such as the global economic crisis due to the Russian war, it does not seem to have an effect on crypto, although its influence is tentative. therefore what is issued by the US government does not make our negative view of cryptocurrency, on the contrary if it has influence and prices fall then it can be used as an opportunity to own crypto

[Huppercase]

Good time,ladies and gentlemen
So,what are your thoughts on the current market situation?
While the US is trying by all means to pull its economy from the bottom and introduce more and more regulations on cryptocurrencies,european banks are actively cooperating with cryptocurrency exchanges
Binance recently closed its business in Canada,which is a good indicator
The market is unstable,but like Rockefeller said,you have to buy when there is blood in the streets

-Regargs

The market doesn't look too bullish in my opinion because we have fully retraced 50% of what was already lost in 2022, it has been unidirectional and also consolidating from $25k and $29k repeatedly in the monh of  May, there is no much buying pressure and the sell pressures are quick to be filled, which means that only few are willing to sell, the majority still want us to go below $24k and those who luckily bought around $15k are pushing the price up, in few weeks to come, we will know the next step of the market by the demand and supply.

What is there that US will do than printing more money to save their inflation, for short term the price may soar little but we will be quick to come back down in price on where are again. Regarding Binance closing market in Canada, it is nothing serious, the regulations is not friendly to Binance and they have every right to live as fast as quickly before they tag them for breaking their laws and the fine is also what Binance is not ready for right now.

I think the market is not too volatile but we are down badly, there is no harm in buying and holding any of your favourite coins, many coins on the market are still more than 70% down, as you say that it is good to buy when things are bloody, buy and hold and save yourself from all these analysis.

[jeraldskie11]

Those news can really affect the market and sometimes these news was made for manipulation. It helps investors to buy at a very discounted price so that they can earn more profit in the future. That's why sometimes I agree to the saying that "buy Bitcoin when people are fear", but I will not buy directly when there's a lot of pressure in supply because I know that even whales and institutions are not willing to entry against this move, they waited for the price to consolidate first before doing so.