Post
Topic
Board Speculation
Re: Why Bitcoin Price Going Down?
by
micleeiu398
on 08/06/2018, 06:52:36 UTC
Because it fluctuates every year. It is normal that people are buying btc to increase the value and sell their bitcoin also when the value increase. The supply and demand applied in bitcoin that's why it is increasing and decreasing at the same time. People who are not good at trading makes bitcoin comes down also.
Yeah falling prices are a natural thing of bitcoin price changes in the market, and we don't need to panic because of this, but the question is what makes the bitcoin price steadily declining in recent weeks? because there is nothing surprising about bitcoin price changes this month
It is good to hold your bitcoin at the time of falling price, as you said it is very natural for bitcoin that it often decreases the price but the suddenly it rise very high, so if some people have sold their bitcoin which made the price down it does not mean you also become worry, sell panic and contribute to the price to become more than this, don’t panic as it will be your contribution in dumping, so hold and let it be high.

Big institution owners don't want crypto to be valuable. They want to rule their world. They want to become richer. They want more central structures to control all the people earning and spending money in the world. This is the main reason.
The price of Bitcoin is not going down but less than 10k dollar and is a favorable market for people and we can achieve this price so we need to invest in this market. The price is increasing constantly and this regular increase is very good for Bitcoin and its users.

The price generally goes down when the demand decreases but the current market has a constant increase and this is the time we invest in order to make our coins valuable after a long term and our investments will payoff.
In my opinion the price depends upon the investment ratio. When more and more people invest in bitcoin the demand increases and thus the price naturally increases. This is the rules of supply and demand. One thing more is important for all small investors that whales manipulate the market and the price is according to their wish. They affect the price too.