Post
Topic
Board Trading Discussion
Re: Why is bitcoin price so stable in 2018?
by
Lazada
on 28/01/2018, 02:09:02 UTC
I am not seeing any stability of bitcoin rather a bearish market of it. This I think is normal, last year this was also felt. Plus, we had been hearing news about the government's action against bitcoin so this factor would be affecting.
the effect of the number of governments and states that banned bitcoin is very much felt, but all this is quite profitable for traders because significant price movements can make us profit from there.,
The incident can indeed have a negative and positive impact. Some people like traders certainly take advantage of the decision. Even a trader will probably hate stable bitcoin prices, they want a condition that often changes because then they can easily make a profit. Everyone has his own interests and now bitcoin prices are quite stable after a while ago there was a price chaos. But I am sure this will not last long, bitcoin prices will experience the incident as it has passed, we must be prepared to face it and calculation then the digital currency never experienced stable condition, this is because it all depends on the demand factor and this is the hallmark of digital currency.