Post
Topic
Board Altcoin Discussion
Re: Crypto changes.
by
mahilchii
on 31/03/2020, 11:57:40 UTC
Today many people stating that the bitcoin is rapidly falling because of the outbreak coronavirus, it is because they are limiting the transactions for over the world and stop trading for a while

Price of Bitcoin decreased, because people need money so they exchanged their Bitcoins into fiat to buy whatever they need to buy. Some sold because they expected price of Bitcoin to decrease and bought or will buy back latter. There is a lot uncertainty right now.

Obviously, the thing is they are unable to go out of homes as the most of the government's has lockdowns, so they are desperately looking out for some stuff where they can buy with the help of home deliveries. The market is very volatile right now, it's better to hold the asset and have patience until it turns bullish...