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Bitcoin ( Crypto) Is Not Tulip
By STE's Stocks Investing Journey  •  June 19, 2021
Different Attitude Towards The World Of Crypto: China vs the US

 

It is quite obvious that China ( or even India and some other countries ) has a different approach towards Crypto vs the US. Those countries are imposing a ban or restricting crypto trading and mining while the US is just trying to regulate Crypto. Why?

"水很深"

 

Just look at the trading volume and value of Crypto daily and remember most of the trading is done in the US market and transacted in USD.

At the highest point, total market capitalization for Crypto was more than $ 2 Trillion in Apr 2021 and represent about 17%  of the global total Gold value.

Again, if you look at the below chart, the highest daily trading value for crypto could reach as high as $3.18 Billion, even at this moment, the daily trading value is more than $450

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By STE's Stocks Investing Journey
Hi Everyone ! is me STE, I would like to start a blog to pen down and document my thoughts on stocks investing and also “talking to myself “ on some issues relating to investing ideas / world . I will try not to mention any particular stock in my blog post as it is very hard to do any “prediction or forecast “ of future or stock's movement and also this may attract unnecessary dispute / incident if anything goes wrong .. I will be using more graphic / chart / table / quotes to explain my thought and ideas as “ pictures worth more than thousand words “ ,, the most important things is …I don’t really good in explaining things in words.. haha .
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