Post
Topic
Board Speculation
Re: What is the main reason for Bitcoin Price down? Will it stay for a long time?
by
Ausgewielt
on 16/03/2018, 03:16:51 UTC
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?
Unfortunately the liquidity of bitcoin is still low, 2000 btc selling is enough to make the price fall. There are also whales that still has controls of bitcoin price, there are many bad news related bitcoin those bad news makes people sell their bitcoin. I suggest you to keep on your investment strategy to avoid loss. Bitcoin price will going down for long time, every 4 years bitcoin is experience halving which mean that the block reward will decrease a half.