Post
Topic
Board Trading Discussion
Re: Why bitcoin soaring high.
by
EdenHazard
on 28/04/2018, 07:58:21 UTC
Just a week, bitcoin price was surprisingly pumping. Is thier any new to a bitcoin. Or maybe some of the new investors get involved of the crypto currency investment.
Lots of possibilities if bitcoin prices rise either within a week or a day.

The first possibility of new investors coming and investing in bitcoin, I think it is very difficult for new investors to invest in bitcoin. Assessing the future of bitcoin is still pseudo, everyone can argue that bitcoin will not be worth it. But now many answers to the future of bitcoin, because many companies and countries have adopted the system blockhain, and this will give effect to bitcoin price.

The second possibility, investors who sell bitcoin before and they go back again buy bitcoin to re-invest. The occurrence of crashes will make the investors decide to take the road safely. Can you imagine, if someone has had a huge profit lets say at December bitcoin prices could rise up to $ 20,000, if they do not sell bitcoin in January and until now they will find huge losses.