I FELT THIS COULD HELP THE CRYPTO COMMUNITY
A lot of people are traumatized and dismayed just for the reason that their numerous investment in cryptos and ICOs have grown by time to turn into a nightmare as opposed to the illogical and inability for the fulfillment of promises that lured them into it. The trauma was already enough for the community I thought until I read on BBC news that google is planning a move to ban crypto-currency advertising from their platform and the said notice mentioned that the policy would be introduced in June 2018. As to the 'whys' and 'reasons' for this sudden action, google withheld all explanations. The value of Bitcoin, Ethereum and ripple all dipped after the news begun trending.
DON'T SELL IN LOSES AND CURSE YOURSELF LATER. GOOGLE WILL ALLOW CRYPTO ADS AGAIN IN KNOWN TIME.
THE GOOGLE CERTIFICATION SYSTEM
Earlier before the announcement, some users of Google's adwords service had reported a drop off in the performance of their crypto-currency campaigns, and the tech gurus' denied having made any policy changes at that time.
Google has also said it will tighten its rules for ads relating to other financial products including spread betting and contracts-for-difference-in which sellers promise to provide compensation for an asset gain in value over a set period of time, and buyers to cover a loss.
It also said that Adwords users would have to be licensed by the relevant regulators in the countries they are targeting and be certified by google itself.
TURNING LEMONS TO LEMONADE
Can I tell you again that google and Facebook will allow crypto ads again? Let just give it time.
"this is all a good move" commented crypto currency septic David Gerard, author of attack of the 50ft block chain. It's about tackling the kinds of risky investments that verge on gambling.
Owing to the depression that a lot of crypto enthusiasts are going through it sounds off to opine that those young men; Nick Finman, Ad Ani and Co. who became BTC millionaires are not just lucky dudes but deserve to be applauded and hailed for their resilience and dedication to holding onto their positions in cryptos. Do you know that because of this decision they made, they had to deal with mockery all around the world and were considered unreasonable because they sacrificed to let go all their life savings into crypto when it was at it tender stages but against all odds these men were optimistic I believe. This is just to make you recall your comment that you made some time ago that "hey those guys were just lucky" when you saw them in their lambos. Luck doesn't do this but it takes courage and understanding.
Some crypto beginners are just some few months old in cryptos and they would like to physically abuse those who introduced them into it. To beginners, please relax...there's light at the end of the tunnel, it is just the dark days we seem to be facing and not the end of the world. All the regulations and upcoming G20 are only signs that cryptos have become too important to be ignored by authorities. Thank your stars that you're already in the era. These regulations will only bring BTC and crypto to the realm of a world class financial asset.
As I end this piece, let me tell you this "what's happening is not the first of it kind". The biggest tragic crush of BTC was back in the year 2013 and it lasted for almost a year. Don't forget those people you called milloniares in cryptos never sold in lose. I can't predict for you how long this calamity we're experinecing will last but I can assure you it will not be permanent. The whales are waiting for you to panic-sell-cheap-your-crypto so they buy. Hold onto your dear life...don't sell in loses and curse yourself later...wait for a little while. If you gonna survive in this journey then you've to detach all emotions and sentiments, fasten your seat belt and let's enjoy this bumpy ride to the moon.
Buy more cryptos this time instead and I wish to see you in the few years among the few crypto billionaires' sharing their success story. Don't forget to get your travelling passport ready because the upcoming google policies will enforce the KYC agenda(Know your customer) on various exchanges and crypto platforms.
Thanks for reading to this point. Don't lose hope. All the best in your endeavours.