Post
Topic
Board Bitcoin Discussion
Re: What do you intend to tell loved ones about the bear market?
by
serjent05
on 25/12/2022, 19:05:43 UTC
What are your contributions to the right answers for people who ask questions like why the market price is so affected during the festive period?

If the price is falling we can say people are cashing out to buy gifts and family needs during festive, and if the price is increasing then we can say, people who got their bonuses are investing their extra money to Bitcoin.  Honestly, these kind of explanation are just assumption, we never know the real reason unless we do a survey to everyone but the thing is the demand and supply often give us hint on what speculative reason we have to say.

Quote
They’ll be lots of questions to be asked by our family members who invested into cryptocurrency last year, how do we get ready for them?

To get ready for them then we have to do our own research, see how the market performs this year and read speculations and predictions and select the one we think is the most likely to happen in the future.