Post
Topic
Board Speculation
Re: What factors make Bitcoin rise again?
by
chainedblocks
on 26/09/2018, 12:17:08 UTC
Bitcoin is a very phenomenal currency, so it's no wonder that today many are in the profession as a bitcoin trader. This thing is the main factor the rise and fall of bitcoin prices significantly. Usually, traders will buy large amounts of bitcoin at low prices, then save it for some time and will sell it when prices are high. At the same time, precisely when the process of buying, the price will certainly go up and the price will go back down when the process of selling bitcoin occurs. Plus, users who use bitcoin for other purposes are still few compared to users who use bitcoin only as trading.
I think that the use of biotin all over the world will be the main factor to raise bitcoin again. When you use your bitcoin wherever is possible more and more people will take interest when they know about digital currency. Finally they will also invest in bitcoin and thus the value of bitcoin will rise in the crypto market. It will take some time but one day it will happen.