Quote from: michellee on Today at 02:16:53 PM

Quote from: Rabi3 on May 20, 2021, 08:28:18 PM

Quote from: Cryptoshops on May 19, 2021, 03:56:45 PM

Quote from: Ebede on May 19, 2021, 01:14:43 PM

From what i have notice people are planning to crash cryptocurrency and if Bitcoin crash what is the benefit of people who is against the development of digital currency, it astonished me that a man called Elon musk is fighting cryptocurrency for no relevant reasons, is that government is using Elon to remove crypto in line of currencies?

I'm afraid of the way all the crypto is reducing in price, now that i join digital cryptocurrency fully with my family and sale some of my properties to invest into crypto, it's when Elon musk will bring scandal into cryptocurrency.

If you have followed Bitcoin from the start it has always had huge up and down swings no matter what anybody says, including Elon Its nothing new with crypto It will go down and people will buy and then will go up again ..it allways has ..

true, this happened so many times, people will sell and take profit from their investments at some point, and if those people had a big amount it could easily affect the price of bitcoin and make it go down, and others who didn't have a chance would find it as an opportunity to buy at a low price, and it would go back up.

That is what happens to the crypto market. The price will go down and up again, but unfortunately, we do not know how high or low the price will go and only predicting the price. This time, the bitcoin price crash to a lower price and many people worry about seeing if the price is getting down for more while the others are ready to buy more bitcoin. But it will recover soon and the price will start to rise and who knows, the next thing that we will see is another rally to break the $64k and still increase. So be patient and still try to have more bitcoin.

Yes, it is a volatile investment. It's a very risky investment. We know that anything can happen at any time. But we also know that Bitcoin is the fastest growing and best performing investment in history. We need to focus on this. We know that it has a digital scarcity value that you cannot easily imitate. And then, we also know that, at the end of the day, it's going to be very difficult to ban Bitcoin or ban cryptocurrencies entirely.

This is a great opportunity to get involved, as I'm not sure it's going to last forever.