Post
Topic
Board Economics
Re: Why the price of bitcoin rapidly going down
by
leesoorany08
on 19/07/2018, 08:07:10 UTC
Wondering why bitcoin is rising or falling? Here are a few key factors that tend to affect its price.
To say bitcoin is volatile is an understatement. Its price can swing wildly on the turn of a dime, making and breaking fortunes in the process.

That might lead you to ask: What affects the price of bitcoin, anyway?

Truth be told, it’s a complicated question i might not be able to answer for sure. However, you have a few ways that might help you see where bitcoin’s price is headed.

If you keep an eagle eye on cryptocurrency news, you just might be able to buy or sell bitcoin profitably before everyone else catches on. But a big caveat that comes with all cryptocurrencies: There’s no guarantee. To keep up with events that may affect the price of bitcoin