Quote from: tylerderden on August 14, 2018, 08:53:06 PM

Quote from: Sedorikku on May 31, 2018, 03:37:08 PM

Hey guys, i need some suggestions and opinions about this.

The factors that affect the the value of Bitcoin are mainly market sentiment and the circulation of news and rumors in the market. If there is a great news regarding bitcoin then the price rises rapidly and if there is some kind of a bad news then the price falls otherwise keeps stable and hovers in the same range.

Because the market is so small, fluctuations are more likely to happen when many large investors pay attention to it. Currently the cryptocurrency is in a very bad phase since late 2017 and the downward trend is not over yet. Have a long-term investment plan and seriously implement it if you want long-term companion with cryptocurrency.