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E-money exchange rating

CEO of Bemarketbit Called China’s Crypto Market Speculative

9

In China, there is rather a speculative cryptocurrency market, where there are many novice traders with insufficient knowledge. The CEO of Bemarketbit stated this in an interview.

According to him, this is “not a recommended way of trading.”

E-money exchange rating

“There is a lot of money in China. The economic growth there has been enormous over the past few decades. There are a lot of rich people, but not such a big institutional market, because they don’t trust others to manage their money here,” explained the CEO of Bemarketbit.

Even the Chinese stock market has always been very speculative, the head of Bemarketbit added.

“People follow others and don’t do much fundamental analysis,” he said.

The CEO of Bemarketbit also stressed that the cryptocurrency markets in Japan and South Korea have their own characteristics. In the rest of Southeast Asia, the welfare of the population is lower, but the number of users is very large, he stressed.

E-money exchange rating
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