News w/ Fred - Go shopping! It's sales time! (Original)
Not yet! Be careful! China announced an immediate ban on ICO funding on concern that some ICOs are financial scams and pyramid schemes, but we all know they just want some taxes. Just in July Chinese companies had raised $383 million from 105,000 investors during the first half of the year and offcourse, we are talking about China and alot of companies use this method to scam people, so maybe the chinese government have serious concerns, after all, it´s $383 million dollares going to some rich guy, who can decide to take the money from China and not even pay taxes for that and this was only a month.
Off course, after the news people go crazy and start to sell really cheap and paraphraseing Rothschild "The time to buy is when there´s blood on the streets".
So guys be carreful, dont sell and wait, lets see if this crash it's something related with China news or is just a correction that is supposed to happen due to the large increase in the last months.
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My main language is not English, if I have grammatical errors, please feel free to correct me :)
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