In this video, we analyze the company EBANG. EBANG is a Chinese company and an investment company is a holding company. is a blockchain company that aims to have a cryptocurrency exchange.<br /><br />China has been turning the blockchain world for the past three to four years. In the world of cryptocurrency. We have already made a video for SOS you can see it on the top right where we analyze why it is the next big thing in the world of crypto. It is also important to note that China has turned to cryptocurrency and intends to control the production of cryptocurrencies. We need to keep a close eye on developments in China because it affects the prices of cryptocurrencies.<br /><br />The company aims to become a pioneer and Leader in Crypto. The company's activities are mining, ie it deals with Bitcoin mining, which is very important. Remember I told you China wants to control the production of cryptocurrencies. To realize this purpose the company has whole facilities to deal exclusively with the mining of cryptocurrencies. It is vertically integrated, ie it has its own facilities, its own mechanical equipment, and power supply centers. Takes steps to become a leader in its field. <br /><br />The important news that boosted the share price is that there will be an exchange of cryptocurrencies, ie something like coinbase. It wants to have its own cryptocurrency exchange. And this is what will give a new impetus to the company's business. It is also not exclusively Bitcoin-oriented and you can see that since February 25 it has been dealing with both Lite coin and Dodge coin. It has caught all the hot trends in the world of cryptocurrencies.<br /><br />From the moment it announced that it will enter the field of cryptocurrencies as an exchange, there was a big increase in its price. You see it has a resistance point at $ 12.50. It has had an upward trend since the beginning of 21. However, I would not choose this company for many and varied reasons. Initially, her site is incomplete. There is no clarity regarding its activities. The Chinese government may also close Bitcoin mining facilities, as was done in an autonomous Upper Mongolia region. There is no transparency in both the company and the state. It can close their activities at any time. I would not choose this company, it is very high risk and has a lot of variabilities.<br /><br />Invest in crypto with Binance: <a href="https://www.binance.com/en/register?ref=U0ERY2UO" target="_blank" rel="nofollow">https://www.binance.com/en/register?ref=U0ERY2UO</a><br /><br />My investing & trading courses: <br /><br />Investing & Trading for beginners: <a href="https://www.investingwithterry.com/courses/investing" target="_blank" rel="nofollow">https://www.investingwithterry.com/courses/investing</a><br /><br />Investing and Trading Bible: under construction<br /><br />Trading Mastering: under construction<br />...<br /><a href="https://www.youtube.com/watch?v=YB4rEis74-I" target="_blank" rel="nofollow">https://www.youtube.com/watch?v=YB4rEis74-I</a>