Post
Topic
Board Speculation
Re: Bitcoin now back on 14k after the big pump(upto 17k)!???
by
xBitHodler
on 09/12/2017, 19:41:27 UTC
Yes, it is common to see 30% decrease once in a while, it is called a correction. It isn't healthy for Bitcoin to increase constantly. You may ask why they happen. It is simply because people want to sell BTC in order to profit from the last increase. After the price of Bitcoin decline a lot, they buy BTC and have more than they had before. It's simple but not recommended for newcomers who are usually emotional and panic easily.