China Banning Crypto Doesn't Matter

Why, you ask? Well, just look at Facebook, Google, YouTube and even Wikipedia. All things that China has banned yet are doing perfectly fine. Heck, I'd even say that they are thriving.

So, the next time you see the headline that China's banning crypto, remember that crypto has some good company. Ultimately, it comes down to disliking what they aren't able to control.

There'll be a competing Chinese crypto ecosystem with cryptocurrencies that can be controlled. Kind of defeats the purpose, I know.

Anyway, my point is that all this China banning crypto FUD presents great buying opportunities for the rest of us. Personally, I bought a couple of alt-coin projects in the top 20 that I like and I think can still go up from here.

They probably won't be 100 baggers but I think their returns will still exceed that of stocks and probably have more upside than BTC so that's why I bought them.