Yes investors are the real reason behind the increasing and decreasing of bitcoin price. When people will make plan to invest for long term so they will take market high but when number of investments will be lower than number of selling market price will itself go down we only should try to keep the phrase graph higher than selling.
I doubt that not only investors but also those big whales who are trying to manipulate the market and the reason the price of bitcoin had experienced extremely fluctuation and sometimes drastically down and after a week it has surged back into the market. This is the whole concept of bitcoin price that has a strong fluctuation and I think there's nothing to worry if you are a long-term holding. Don't invest in bitcoin if you don't understand how it works and if you invested for short term is very risky.
Instead of listening whales better take advantage of this fluctuation and buy some coins at low price we should buy at low price and sell high this is the only good way to have benefits of crypto coins. Whales are also the reason as they have an aim to make the market down so people will sell their coin to them at cheap price it’s really a bad act.
Every good investor is doing this, we are in this market and we know the nature of cryptocurrencies it fluctuates so it’s time to take advantage from a disadvantage, whales also dumps the market so they can buy at low price we should also but when the market falls. After some months again things will be normal so we will be able to sell gain at high price but at
red only holding is the solution.No choice on this but to hold or cut our losses, just like what happened right at this moment. Bitcoin has been dumping right now and I don't know what the reason it is, just because of BAKKT or just a normal and a part of fluctuation. Yeah right, you can actually ride the whale's strategy if you know how it works. When the market becomes dumped price you can buy more bitcoin. The fact is, only strong hands will have benefits during the market price was dumped.
as the subject is the same, I had to get in the wave of quotes, but let's go:
For a long time we kept saying:
buy low because the price will rise so much in the future and there are even analysts who make overpriced forecasts, something like $20,000 easy this year. But what if the price never exceeds $20,000. What if the price is $ 7000? Two days ago I was wondering:
And if the price was $100,000, who would trade day with the price of $100,000? If one wanted to do day trading then they would have to have a lot of money to make decent profit.
