Why is the price of Bitcoin going downhill? I kept saying for two or three months that the marketplace will be better by this time and the price of bitcoin will move forward. But my idea is wrong. Experienced people will share your opinion on why the price of Bitcoin is in such a state.
Does it matter? What I mean by this is that some people care a lot about why something is happening at the market when the most important thing is what is happening at the market, it may seem a very slight difference but it is not, if the price of bitcoin is going down it is simply because the ones invested in bitcoin have decided as a group that is going to be the case, so what maters is
what are you going to do about it and how do you take advantage of the situation.Which is exactly why it matters because if you do not understand what's going on you will most likely get rekt. Main reason why lots of people lose out on good gains and loses money instead is because they hardly have any idea what's going on and how things are connected with each other. Those people who only follow or rely on signals for their investments will mostly get rekt as well since when fast market movements happen they cannot react as fast as they should since they do not understand what they are doing and are just waiting for what other signal is next or waiting for the prediction to actually happen when in reality it may not anymore since some change has happened again in the market. Knowledge and the ability to apply that acquired knowledge in whichever suitable scenario is very vital for us crypto enthusiasts since we are in a type of market that is overly volatile.