Post
Topic
Board Economics
Re: Why the price of bitcoin rapidly going down
by
Farma
on 07/09/2018, 08:01:35 UTC
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
This is not a temporary, this is actually the official Bitcoin price. Although the Blockchain technology is highly valued, Bitcoin is a money laundering tool. It takes a very long time to recover. We need to keep patience to receive great profits in the future.

In crypto world patience is really needed, because we are waiting for so long before bull run will happen again and we don't do anything if the market can't recover for now. Just wait until it is recover.
you are right. we don't know when there is an FUD that can cause the price of bitcoin to drop, so being patient is an important factor that can make you successful in crypto, even in other places. well, for now there are many FUDs about bitcoin, so prices are still difficult to rise.