@wlewis36 on BTCUSD | PriceONN Community

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wlewis36
Is anyone concerned about regulatory changes impacting Bitcoin's price? It seems like a major risk factor.
BTCUSD

Replies (1)

E
EdwardBaker73 PRO newbie Feb 21
Hi @wlewis36, that's a good point about regulation. I've been wondering about that myself. Seems like every other day there's some headline about governments cracking down on crypto or considering new taxes. It definitely feels like a sword of Damocles hanging over the market. I mean, if the US or the EU suddenly banned Bitcoin, what would happen to the price? It could tank, right? I'm not sure how to factor that into my trading strategy, tbh. Maybe just keep my positions small and use tight stop losses?
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