We all know that it is impossible to predict the future of the crypto market. However, according to the current world economy, the market is still in a good position. Still, who knows if there is even any news or when this market will turn around again. According to the economy going down a bit too slowly can new investments be made at the moment.
As bitcoin lover, you must have been used to news that always have effect on the market and makes it turn down. This is something that is not avoidable and it happens from time to time. But that can’t still change the stance of bitcoin or making new investors not interested in it. New investors will come in, some only wait for the market to go down a bit so that they can enter the market to buy more. Research is paramount in bitcoin and if one does that, you won’t have any problem investing in bitcoin.
News has an effect to investors like when news about Bitcoin is negative most investors will shy away from investing into Bitcoin thus resulting in lesser adoption activity. The news affect the sentiment of the market and at the same time the motivation of investors. Just like in the recent event. News about the cases filed by SEC to Binance US and Coinbase has negative effect on Bitcoin, we have seen that due to lesser investors coming into the Bitcoin market, there is less demand created thus we see Bitcoin price goes down. But the moment the news is overturn with positive news, we will see Bitcoin price uptrending because new investors are flocking into the Bitcoin market.
Back in the past on which we know that fundamentals or news wont really be giving out much effect on crypto space but it turns out on these years on which it do really have that kind of significant
effect on which it did really make the market go in deep reds as of this moment specially with that BInance/SEC issues that we do have recently. Most coins in the market are on huge negatives which
lots had been really be worrying on their portfolio on which they do really believe that it is really that something that would make worst as the days passing by but we know that this isnt something
that we could be able to stay up for long on which it would really be normal that it would really be having its cycle on which means that increasing price would really be the next move.
Once you do step your foot into this market then really get used to it when it comes to market volatility on which this is something that very casual to happen. If you dont make yourself
that familiar then for sure you would definitely be having that huge problem on accepting about volatility and unpredictability.