I've taken a break from trading cryptocurrencies for a while as I focus on other things. Actually with the recent bear market bloodbath I realized I should just stop for a while, and it's doing that which allowed me to have more time to focus on other things, as a way to replace the addiction. In any case, I still have my Bitcoin which is never traded but rather held as a long-term investment. So from time to time I'll check the American and Korean markets to see how she's doing. Glancing at it today, it would appear she's doing very well indeed.
Right around $7,300 in the Korean market. I really love to see this; Despite all the forces who've been working tirelessly to manipulate and control bitcoin, it has prevailed, it is prevailing. Koreans are quickly learning about Bitcoin and buying in. There are several exchanges in South Korea, Korbit being the largest. Unfortunately there isn't that much information available to Koreans (in the Korean language) in regards to crypocurrency education. I would say most (nearly all?) Koreans hold their Bitcoin on the exchange from which they bought it. At least a couple exchanges I know of have recently been hacked and had Bitcoin stolen. I do believe though they paid back or are in the process of paying back those affected. A good lesson here for the wise: Never store your cryptocurrencies like Bitcoin on an exchange!
