Topic: Why Bitcoin Price Going Down? - page 8. (Read 1406 times)
Bitcoin price crash or fluctuations is a common thing with cryptocurrency. After price drops there will be assured price pumping. It is our goodness to predict in the right manner and benefit through it, because on price drop users easily get into panic and sell their holdings which.
The price always crashes after a big uptrend when it enters a new year mostly the price fluctuate's in the 1st quarter but eventually recovers and have another bullish run in the mid year. There is a pattern that has been explained about this in this forum. I think this is how the whales makes money.
Bitcoin is very volatile indeed. We have to be clever as we move the graph. If if the price drops then we can buy the affordable price for maybe we need to be patient because we need to hold it for the price back up. This is a game of big investors
All I can blame is the taxes. I'm sure that traders and investors are very reluctant now to spend anything to crypto because all they can think of is the computation that they need to pay and that put the market down everyday.
You might right that taxes are also the cause of the fall in the price. I think that most governments banned bitcoin in their respective countries because they think that mostly criminals put their money in bitcoin which has no records and use this money in illegal activities, therefore they banned bitcoin. And the other reason is that the price is too much volatile and due to this people are not investing in bitcoin.This is the crypto market and that in this market, the market value of all the crypto coins keeps on changing and that it is not a surprising thing. The only thing about which you need to care is that your reaction at time when the market is falling. You need to stay patient and that you need to keep your nerves under your control so that you may be able to hold all your coins and can go for buying more coins.
Not even in just crypto market as this is the normal thing that happens in every market and as long as you are able to understand that, you will not even blink an eye with respect to whatever happens in the market. The market cannot keep moving upward and vice versa, but the thing to always look out for is usually the aftermath of a recovery which most people are always eager to see anyway.Some people get worry about rise and fall of price of bitcoin, whenever it get high people use to sell but some people get issue on the falling price, but it is not good to panic your bitcoin
One thing is that any market driven by FOMO and greed will never last and that is how market always ends up playing out which a lot of people usually do not understand. As long as you understand that any price that is not sustainable in the long run or look too good to be true is actually popping up, then it is about time to take some U-turn because the aftermath is usually not good. Steady and good growth is always better.This game is for those who have money. Swim with them, then live, swimming is off the island 
In my own opinion I believe one of the causes why bitcoin price is going down is due many speculations that pointing bitcoin market to crash again.
even if they hear about the speculations of bitcoin, as long as they have their own opinion about bitcoin, the price will not go down especially down too deep. the bitcoin price is only going down because of many people getting panic because of one or more bad news is launch by some people that don't want to see the bitcoin price increase high. and people attracted to sell their bitcoin before it's too late to sell and they don't even think that bitcoin will still survive for a long time.
There are so many reasons out of it. Some experts in the articles that i read is that some countries are having a problem and issue in some cryptocurrency they are not accepted in that specific countries so they banned it. The panic selling of people also it is one of the most main reason why bitcoin decreases.
If you are holding crypto currency for a many years then why you don't know about it that what is happening with bitcoin? And Why bitcoin price is going down?
But I guess some investor feel panic in this situation, may be it is happening with you. Bitcoin has come back from a highest price of $20000 then a huge people sold their bitcoins in a highest price who hold their bitcoins for a long time and wait for a good time, then definitely bitcoin has a big fall, it is the main reason. But now again bitcoin will come in high price so just wait it.
But I guess some investor feel panic in this situation, may be it is happening with you. Bitcoin has come back from a highest price of $20000 then a huge people sold their bitcoins in a highest price who hold their bitcoins for a long time and wait for a good time, then definitely bitcoin has a big fall, it is the main reason. But now again bitcoin will come in high price so just wait it.
Yes, right now it is in a positive phase. But as many people envisaged, it is not growing quickly.
Others call it correction, others see's it as a lost. What i see is a perfect time to buy.
Bitcoin manage to bounce back and is now at $9300 plus. While the market is volatile due to that pump and dump it still continues to move upward.
Bitcoin manage to bounce back and is now at $9300 plus. While the market is volatile due to that pump and dump it still continues to move upward.
Don’t you know that Bitcoin is sometimes a bubble? That’s what we call pump and dump, cause whales we come in and manipulate the price, making it go up to a higher rate and then fall whenever they withdraw their money.
So if you invested when the price was around the rate of $20,000 you have no other options than to have patience and wait till the price goes up so you can make your profit and withdraw, unless you choose to sell with loss. The choice is all yours to make, but I will prefer to hold till the price goes up.
So if you invested when the price was around the rate of $20,000 you have no other options than to have patience and wait till the price goes up so you can make your profit and withdraw, unless you choose to sell with loss. The choice is all yours to make, but I will prefer to hold till the price goes up.
This is the crypto market and that in this market, the market value of all the crypto coins keeps on changing and that it is not a surprising thing. The only thing about which you need to care is that your reaction at time when the market is falling. You need to stay patient and that you need to keep your nerves under your control so that you may be able to hold all your coins and can go for buying more coins.
Not even in just crypto market as this is the normal thing that happens in every market and as long as you are able to understand that, you will not even blink an eye with respect to whatever happens in the market. The market cannot keep moving upward and vice versa, but the thing to always look out for is usually the aftermath of a recovery which most people are always eager to see anyway.Some people get worry about rise and fall of price of bitcoin, whenever it get high people use to sell but some people get issue on the falling price, but it is not good to panic your bitcoin
One thing is that any market driven by FOMO and greed will never last and that is how market always ends up playing out which a lot of people usually do not understand. As long as you understand that any price that is not sustainable in the long run or look too good to be true is actually popping up, then it is about time to take some U-turn because the aftermath is usually not good. Steady and good growth is always better. All I can blame is the taxes. I'm sure that traders and investors are very reluctant now to spend anything to crypto because all they can think of is the computation that they need to pay and that put the market down everyday.
You might right that taxes are also the cause of the fall in the price. I think that most governments banned bitcoin in their respective countries because they think that mostly criminals put their money in bitcoin which has no records and use this money in illegal activities, therefore they banned bitcoin. And the other reason is that the price is too much volatile and due to this people are not investing in bitcoin.
Bitcoin prices have come down drastically, in my opinion, it is due to the effect of mass sales made by some bitcoin users who are experiencing panic. In addition, I think this is also part of the cycle in crypto if at the beginning of the year the market price will go down, and in the mid, to the end of the year, the market price will again rise again. So we all should be able to set the strategy well so as not to lose.
This game is for those who have money. Swim with them, then live, swimming is off the island
In my own opinion I believe one of the causes why bitcoin price is going down is due many speculations that pointing bitcoin market to crash again.
even if they hear about the speculations of bitcoin, as long as they have their own opinion about bitcoin, the price will not go down especially down too deep. the bitcoin price is only going down because of many people getting panic because of one or more bad news is launch by some people that don't want to see the bitcoin price increase high. and people attracted to sell their bitcoin before it's too late to sell and they don't even think that bitcoin will still survive for a long time.
Guess the prices might be going down since people are taking short term profits, why not take profit where you can?
All I can blame is the taxes. I'm sure that traders and investors are very reluctant now to spend anything to crypto because all they can think of is the computation that they need to pay and that put the market down everyday.
There are so many other factors as well other than that of taxes and higher transaction fees which are resulting in the downfall of the market value of the bitcoin. I will blame the ones who are selling their bitcoins at this very moment the most as it is them who are contributing the most in bringing the graph downwards. Other than that, the reaction of some of the governments is also creating a negative impact of the crypto currencies.
This game is for those who have money. Swim with them, then live, swimming is off the island
In my own opinion I believe one of the causes why bitcoin price is going down is due many speculations that pointing bitcoin market to crash again.
even if they hear about the speculations of bitcoin, as long as they have their own opinion about bitcoin, the price will not go down especially down too deep. the bitcoin price is only going down because of many people getting panic because of one or more bad news is launch by some people that don't want to see the bitcoin price increase high. and people attracted to sell their bitcoin before it's too late to sell and they don't even think that bitcoin will still survive for a long time.
bitcoin prices fell due to the many issues of negative issues circulating recently. but you do not need to panic and worry because bitcoin is a very good coin, popular and a solid team. they will pump again until the higher velocity of the coin's price.
Yes that's what I think also because market price can easily fluctuate once there is a negative issue because issues can influence them to get panic and sell bitcoin to save their capital.
bitcoin prices fell due to the many issues of negative issues circulating recently. but you do not need to panic and worry because bitcoin is a very good coin, popular and a solid team. they will pump again until the higher velocity of the coin's price.
Yes that's what I think also because market price can easily fluctuate once there is a negative issue because issues can influence them to get panic and sell bitcoin to save their capital.
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