Post
Topic
Board Trading Discussion
Re: Heavy fluctuations
by
exstasie
on 30/11/2017, 21:40:58 UTC
What do you think the latest days big fluctuations are due to?

Are you new to Bitcoin? We're in the middle of parabolic rally, or one of Bitcoin's periodic "bubbles." I remember once during the late 2013 rally, the price dropped 60% (from $900 to $360) in a single day. The price then recovered and made new all-time highs.

That's the nature of this kind of growth: extreme volatility. If you are new to these markets, it will definitely feel exhilarating and scary. Be very careful with leverage. You should also be wary of panic selling. It's a good way to lose your coins!