Set up the cornhole boards

Looking back at a year ago, the Chinese market controlled and accounted for around 90% of all bitcoin trading. After the ban on initial coin offerings and the regulatory moves to shut down local coin exchanges, the market on cryptocurrency in China  hit a stark decline. What was once a giant powerhouse of currency exchange, suddenly dried up into a small piece of the large market.CLICK HERE

After the market was somewhat quarantined, many of those involved decided to go to a friendlier place to the business, and that ended up being Japan. Earlier this year, Japan legalized bitcoin and recognized it as a valid currency in the country. Japanese bitcoin trading now accounts for around half of the volume of trading of the currency around the world, with around 25% coming from the U.S.

After the market was somewhat quarantined, many of those involved decided to go to a friendlier place to the business, and that ended up being Japan. Earlier this year, Japan legalized bitcoin and recognized it as a valid currency in the country. Japanese bitcoin trading now accounts for around half of the volume of trading of the currency around the world, with around 25% coming from the U.S.

But the question now is, “How?” Some of the biggest risks right now besides the volatility within the space, have a lot to do with the exchanges and massive breaches in security. Not to mention the extreme volatility that the market for cryptocurrency itself has right now.

To the novice crypto trader, you would presume that any exchange would be good to throw your money into but then again, the people who thought that same thing with Bithumb got a rude awakening after tens of thousands of accounts were hacked!

Outside of that, you also have instances where 10%, 30%, or even 50% of the value of things like Bitcoin or Ether can be lost in the blink of an eye. For average crypto traders, there is no real hedge against something like that… but that is starting to change and in a very big way.
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