Post
Topic
Board Economics
Re: What is the reason of this sudden decline in BTC price?
by
Harley29
on 29/12/2018, 20:36:07 UTC
Every passing month we hope that the cryptocurrency will go towards stability but our moral goes down whenever the prices plummet suddenly.

Is the price ever gonna get stable? Are there any ways we could make it stable without centralizing the system?
To me there is a transferring of wealth and the wise one are buying now from the dumpers who will later regret.  Investors are selling out of panic and the professionals and experience traders are buying from their dumping.  If you have any idle money I seriously believe that now should be the right time to buy and not selling.

There are many reasons for the price falling of cryptocurrency incident period but the main reason is when the price going down people are panic and withdrawal their total investment in Bitcoin that's why Bitcoin will go to the undervalue now.
According to me panic selling is one of the main reasons behind price fall so if we will hold with our bitcoin I think we can reduce the fall remarkably. It use to happen when people lose patience and trust for their investment and they sell early at red. Instead of this they should buy at red and hold to sell at green I am sure market will recover too fast.