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Board Marketplace
Re: about the price of cryptocurrency
by
The_Dark_Knight
on 24/09/2018, 21:53:40 UTC
the crypto community certainly knows the price is now really the worst since bitcoin has increased by 1000% in 2017, and is stable at the current 6400 dollar price but ethereum has dropped sharply even below last year's price,
the conclusion now is that all crypto prices are how their project trading mechanism and the level of trust in their platform.
for example ethereum is currently experiencing a price decline. because most ico projects are ERC20-based, not developing or scam, demand for ethereum is now decreasing on the market,
hope in 2019 to be the best year for cryto prices
That was the worst time for bitcoin when the price pumps to $20000. People thought that now the price will grow more and more but the facts were different from their predictions. It fell down again and most people lost thousands of dollars in a single bitcoin. They are dishearten and left this world forever. They thought that cryptocurrency investment is totally gambling.
If a person invested at the end of the previous year without really knowing how risky this market was then they were really gambling, and if you know anything about gambling you should know that the house always wins at the end and that is what happened, those people invested in this market and they were beaten by the market and they lost all their money, I hope that they learn out of that experience because if they don't then it's likely they are going to lose their money again.