Post
Topic
Board Bitcoin Discussion
Re: Did bitcoin lose its value?
by
TheGreatPython
on 20/10/2020, 09:25:18 UTC

Did bitcoin lose its value?
In the era of pandemic 2020, Federal Reserve Bank printed paper currency notes which ultimately decreased the value of us dollar USD. And in that period, Bitcoin btc was also stagnant and did not move much. So did bitcoin has losen its value with usd? If yes then similarly other fiat currencies like usdb, usdt etc. also lose their value with devaluation of us dollar.
Bitcoin is not losing its value. You’re saying this because the market is not fluctuating that much right now. It’s not new, after so much of this fluctuation the market has to rest sometimes and stay stable. It’s normal with people to complain when the price is stable likewise when it’s going down, they are only happy and say good about Bitcoin and proclaim their undying love when the price is only moving up.

Try to involve yourself in other things, and stop relying on crypto all the time, some of you want to be fully dependent on crypto earnings, but it doesn’t work that... If you have been into forex, you will also see warnings that the market carries risks, and it’s no different with this one here.