Lots of people are feeling very sick for bitcoin's price down. 2 Days ago, one of my known brothers texted me that he almost went for a heart attack! Because he invested all of his money on bitcoin and altcoins.Actually, I am feeling tensed too.
So, what do you think, What is the main reason for Bitcoin Price down? Will it stay for a long time?
I guess there are a lot of factors in play that is affecting the value of bitcoin at the moment. FUD's, the issue in China, facebook banning crypto ads, or maybe market manipulation just to name a few. We can never really pinpoint the exact reason.
There are so many contributing factors on the movement on bitcoin's price. A lot of negative speculations, and isolated attack on bitcoin from some countries are also being heard from the news. But, we should remember that in any investment, risk are there, since we can never really tell the exact reason for the recent price down, just review the statistics of bitcoins price movement.