Topic: Why Bitcoin Price Going Down? - page 13. (Read 1406 times)
Today, the price of bitcoin is $ 7,421.03 (a 5.81% reduction). It is time for the cryptocurrency market to stabilize in price and assert itself. After this time I believe that not only the bitcoin but other coin altcoins in the cryptocurrency market will also turn to green graph lines and further develop.
Bitcoin price down is caused by several factors:
1. Due to google and facebook / other social media prohibits crypto to be marketed on their site
2. Many countries forbid the use of Bitcoin to transact
3. every year Bitcoin prices fall, and will rise again in the range of the month to 8-12
I only agree your 3rd reason: Bitcoin is usually dip in the first months of year and it will pump from 8th - 12th month of year.1. Due to google and facebook / other social media prohibits crypto to be marketed on their site
2. Many countries forbid the use of Bitcoin to transact
3. every year Bitcoin prices fall, and will rise again in the range of the month to 8-12
Google and Facebook / other social media ban all cryptocurrency-related advertising but i think this will better for the crypto market because now have too much scam ICOs which always take advantage advertising in social network to attractive investors who no have much experience and it's doing bad image of the Crypto market.
Your 2nd reason also isn't right because having many countries accepted Bitcoin and cryptocurrency at the moment.
So basically right now we are in a spiral of falling down due to people using BTC for gains and not for the true sense of what it was created for. People buy, hold and as soon as they see a good price they either sell or as soon as they see a dip they sell due to panic. This is a very volatile industry crypto is not for the faint of heart, where there is tons of money to make there is also tons of money to loose.
One main fact I will always like to point out is that we cannot rule out the idea of gain which is why the market is the way it is today. People are getting greedy, speculations, FOMO and FUD everywhere and when we combine all these, we always only end up having a speculative asset on our hands and nothing else. Maybe and just maybe until we start seeing the usage part as a currency popping up, people's idea will start changing, but until then, we just have to deal with what is at hand.
But now how I see it in the charts the price is to low, Its hit 7665$ from 20000$. Why?? What Happen??
You said that you've been an holder for so many years and now you don't know what happens? I'm sure that you have an idea on what's really happening.Can you Make an Advice When I should Buy Bitcoin?
After this green market, when it goes down again. Buy.In what price bitcoin price heading now, thus it goes down? or up?
No one knows if it will go down further or will recover soon.And how much money should I invest on it?
Invest only what you afford to lose.I agree with the above quotes. Learning these things will help you and guide you completely regarding how to invest more in bitcoin. Indeed invest only on what you afford to lose for this is the wisest thing to do. Since we don’t know if it will go down.
believe that from the popularity of bitcoin will bring a positive impact its value will increase if we can make as a form of long-term investment.
All the crypto currencies are extremely volatile and that their market values keep on fluctuating most of the time. So you just need to be patient at such times to avoid any mishap.
Because many countries have not accepted Bitcoin yet
It grows unstable, not a rule at all.
To control it, governments banned or restricted the Crypto market
But now there are so many countries that have legalize Crypto to collect taxes.
I believe this market is expanding in the future. Do not just look at Bitcoin or ETH but look at Blockchain technology for humans.
It grows unstable, not a rule at all.
To control it, governments banned or restricted the Crypto market
But now there are so many countries that have legalize Crypto to collect taxes.
I believe this market is expanding in the future. Do not just look at Bitcoin or ETH but look at Blockchain technology for humans.
Apart from the rich people who has the funds to regulate crypto market any time they wish, Bitcoin and the entire cryptocurrency is facing many challenges this days such as, Facebook, Twitter and Google planning to ban cryptocurrency adds which makes many top investors stop to invest on cryptocurrency now simply because they are watching what will happen next. Also many countries are accepting cryptocurrency why some are banning it, I believe those are some of the cause of instability of Bitcoin and Altcoins.
There are games of crypto whales. There are institutional investors, who use bitcoin futures, there is MTGOX case and so on. You know there are a lot of different factors which affect on the price. In my opinion you shoul have your own investment strategy and follow it.
I think crypto is a money game now and it's a tool for rich man. They've controlling market and do anything they want.
And finance is a cricle: down, up, down, up,...every year.
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And finance is a cricle: down, up, down, up,...every year.
. I read this thread and could not contain myself and I decided to comment
How the hell will someone know that? People may make assumptions about the possible causes of price falls, but it will not be a 100% correct answer
This is a risk that we are exposed to, but if you do not sell in the panic and you hold it for a few years, you will not have any losses. The secret of the crypto world is in keeping calm and hold for a long time and when I talk of a long time I am talking about hold for at least a year. if you buy some bitcoin or altcoin? you should hold for a year if you want to make a profit
if you buy bitcoin and expect that you will get quick profit? then you will be another person who will be in the social networks complaining about the fall of the price
just buy when it's in red and hold for more than a year. same day trade is very risky if you do with bitcoin and altcoins.
nobody knows that
But now how I see it in the charts the price is to low, Its hit 7665$ from 20000$. Why?? What Happen??
How the hell will someone know that? People may make assumptions about the possible causes of price falls, but it will not be a 100% correct answer
If you buy it at 20000$ for sure its a big upset on you side because you loss more that 50% of your capital.
This is a risk that we are exposed to, but if you do not sell in the panic and you hold it for a few years, you will not have any losses. The secret of the crypto world is in keeping calm and hold for a long time and when I talk of a long time I am talking about hold for at least a year. if you buy some bitcoin or altcoin? you should hold for a year if you want to make a profit
That is why even if Bitcoin Price is to low today many investor's are afraid to buy because bitcoin myth go down more and
the loss moeny.
the loss moeny.
if you buy bitcoin and expect that you will get quick profit? then you will be another person who will be in the social networks complaining about the fall of the price
I know there is a lot of expert traders out there
Can you Make an Advice When I should Buy Bitcoin?
Can you Make an Advice When I should Buy Bitcoin?
just buy when it's in red and hold for more than a year. same day trade is very risky if you do with bitcoin and altcoins.
In what price bitcoin price heading now, thus it goes down? or up?
nobody knows that
I agree with most, but the red part...I think there are people who can and do suppress BTC (and crypto in general) as they see it as threat to their fiat system.
They could probably outright ban it, but that can often backfire...its much better for them to frustrate ordinary people through keeping price down, and people
that panic sell are their best help...and it seems to me that timing correlate with BTC entering futures market...that seems like great tool to keep price down
I read this thread and could not contain myself and I decided to comment
How the hell will someone know that? People may make assumptions about the possible causes of price falls, but it will not be a 100% correct answer
This is a risk that we are exposed to, but if you do not sell in the panic and you hold it for a few years, you will not have any losses. The secret of the crypto world is in keeping calm and hold for a long time and when I talk of a long time I am talking about hold for at least a year. if you buy some bitcoin or altcoin? you should hold for a year if you want to make a profit
if you buy bitcoin and expect that you will get quick profit? then you will be another person who will be in the social networks complaining about the fall of the price
just buy when it's in red and hold for more than a year. same day trade is very risky if you do with bitcoin and altcoins.
nobody knows that
But now how I see it in the charts the price is to low, Its hit 7665$ from 20000$. Why?? What Happen??
How the hell will someone know that? People may make assumptions about the possible causes of price falls, but it will not be a 100% correct answer
If you buy it at 20000$ for sure its a big upset on you side because you loss more that 50% of your capital.
This is a risk that we are exposed to, but if you do not sell in the panic and you hold it for a few years, you will not have any losses. The secret of the crypto world is in keeping calm and hold for a long time and when I talk of a long time I am talking about hold for at least a year. if you buy some bitcoin or altcoin? you should hold for a year if you want to make a profit
That is why even if Bitcoin Price is to low today many investor's are afraid to buy because bitcoin myth go down more and
the loss moeny.
the loss moeny.
if you buy bitcoin and expect that you will get quick profit? then you will be another person who will be in the social networks complaining about the fall of the price
I know there is a lot of expert traders out there
Can you Make an Advice When I should Buy Bitcoin?
Can you Make an Advice When I should Buy Bitcoin?
just buy when it's in red and hold for more than a year. same day trade is very risky if you do with bitcoin and altcoins.
In what price bitcoin price heading now, thus it goes down? or up?
nobody knows that
So basically right now we are in a spiral of falling down due to people using BTC for gains and not for the true sense of what it was created for. People buy, hold and as soon as they see a good price they either sell or as soon as they see a dip they sell due to panic. This is a very volatile industry crypto is not for the faint of heart, where there is tons of money to make there is also tons of money to loose.
Can you Make an Advice When I should Buy Bitcoin?
You should buy when you have money and when bitcoin isn't that high and this time bitcoin is perfect for buying.In what price bitcoin price heading now, thus it goes down? or up?
This question is hard to answer for someone that isn't familiar yet with the market. As a holder and investor of course I'll say that bitcoin's price is heading up but not for now.And how much money should I invest on it?
Invest only what you afford to lose.
this happens because there is so much negative news about bitcoin, which causes bitcoin prices to drop. some time ago I once read an article that facebook and google will ban ads cryptocurrency. Maybe this could also be one cause of falling bitcoin prices.
People are frustrating with profit takers and panic sell also contribute to the recent bitcoin price cuts.
But when those people who are frustrated with these people who took profit started to take their own profit, you'll never any single complain to them.All they want to do is keep on taking profits without even thinking that in every move they do there's a definite opposite reaction that happens.
Price goes down with the impact from panic sellers + fake news + lesser demand.
every businness that we have thier a certain coming the prices become unstable so we dont expect that the price of bitcoin is always in higher...we should invest money that we can afford that is we spare....Don't try to take risk if you are unsure of what you are doing. There are people that already took their decision and decided to put their life savings to bitcoin. I'm not against with it but in your case since you don't know much so far...
Hello guys, I been holding crypto currency for many years now because I so one of many enthusiast person on crypto currency particularly on bitcoin. From its low to its highest price. But now how I see it in the charts the price is to low, Its hit 7665$ from 20000$. Why?? What Happen??
If you buy it at 20000$ for sure its a big upset on you side because you loss more that 50% of your capital.
That is why even if Bitcoin Price is to low today many investor's are afraid to buy because bitcoin myth go down more and
the loss moeny.
I know there is a lot of expert traders out there
Can you Make an Advice When I should Buy Bitcoin?
In what price bitcoin price heading now, thus it goes down? or up?
And how much money should I invest on it?
as for the amount you should invest i can't give you an exact amount but rather how much you can afford to invest without sacrificing your daily needs and future security for yourself in short don't invest all your savings into it.If you buy it at 20000$ for sure its a big upset on you side because you loss more that 50% of your capital.
That is why even if Bitcoin Price is to low today many investor's are afraid to buy because bitcoin myth go down more and
the loss moeny.
I know there is a lot of expert traders out there
Can you Make an Advice When I should Buy Bitcoin?
In what price bitcoin price heading now, thus it goes down? or up?
And how much money should I invest on it?
Right now if the market trend is right that this one is a bearish market, you can wait for another drop in price like below 6k and 5k but if you think the support at 9k is enough buy right now because it will soon pump and start a bullish run.
Once uncertainty on Bitcoin and alternative currencies are cleared up on the regulation, tax, and ICO. We will be in a much better place than at the moment. People are frustrating with profit takers and panic sell also contribute to the recent bitcoin price cuts. Just wait it out if you can.
Panic selling and profit s takers are those which add more pressure to the falling bitcoin price. Negative news is the first thing that brings crash in the market and second is the panic sellers which add more pressure to other investors to start selling as no body would like to make loss on their investment.
your question how much should I invest? answer how much your money is and how sure you invest your money. if you can afford to buy in large quantities then maybe you will be the next whale. and in better purchases in the price of 7000 $, this seems like a suitable price for being a whale.
Once uncertainty on Bitcoin and alternative currencies are cleared up on the regulation, tax, and ICO. We will be in a much better place than at the moment. People are frustrating with profit takers and panic sell also contribute to the recent bitcoin price cuts. Just wait it out if you can.
In my respect, i believe it is normal to go downwards as long as there is some uncertainty about cryptos regarding the goverment laws that may be implemented in some countries.
Maybe the price is going down but people's awareness goes up and this will make bitcoin go to the top again!
Maybe the price is going down but people's awareness goes up and this will make bitcoin go to the top again!
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