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RE: China To Ban Cryptocurrency Exchanges Once Again - Don't Make Me Laugh!

in #china7 years ago

Hi @thecryptofiend, like most people on steemit I'm trying to open a dialog and to get people to engage on my post.

But I respectfully beg to differ on the irrelevance of my post: I selected few posts where I posted this, I read them in full (usually upvoted them as well) and posted only on those that mentioned an idiosyncratic risk.

In your post you are discussing issues related to government intervention and bans which in turn disrupt the normal functioning of the market and create a mark-to-market loss in the accounts of those holding the specific security (or the security that is traded on the specific exchange).

My suggestion was simply to keep a diversified pool of assets so that these shocks have the smallest possible impact.

With this answer I don't want to make any polemical post and if you still think that my comment should not be under this post I will remove it.

Thanks for your consideration!

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My suggestion was simply to keep a diversified pool of assets so that these shocks have the smallest possible impact.

The suggestion itself does not require a list of your posts. It is a pretty blatant attempt at self promotion so please don't play coy about it.