Post
Topic
Board Economics
Re: Important conditions for the progress of bitcoin
by
Harley29
on 07/04/2019, 18:48:06 UTC
If you care about the price you just need more new people to buy in.  The demand is dropping because people are losing interest in crypto.  The noobs always jump back in when the prices start to skyrocket, very few people want to buy after a massive correction.  I don't think financial institutions will make a big difference either, we already hit 20k without them.
I think the development of crypto currencies is from the investors themselves and more and more are interested, maybe the development of the crypto currency will be more rapid
For sure it is only the investor who can make bitcoin rise higher and who can make it fall, but we will have to have patience and never sell when the price is low, it is good time to hold so that as market is on the way of bull so sudden panic can change the way from upward to downward, better keep holding it is the only condition to increase the value of the bitcoin and spread only good news in the market.