Post
Topic
Board Nigeria (Naija)
Re: Don't keep your hope in any news of bitcoin
by
Zigabel
on 27/07/2024, 15:48:15 UTC
Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.
Maybe your news source could also be a problem to you especially if you are much dependent n what people tell you and not have a legitimate source where you get your news from which can be verified as the actual true happenings in the bitcoin space they you are really goin to find it difficult getting the actual news that can be reliable and dependable enough. well the taught that bit coin will will be goin up everyday in the year is just a fallacy that is propagated amongst newbies who are yet understand fully the dynamics of bitcoin. but then your opinion about bitcoin dropping daily i snot a factual taught because there have been times it went down and it also came back up there after.

normally you shouldn't be expecting the price to be in an only upward direction because usually bitcoin according to the normally movement doesn't goes sup like every other commodity in the market then comes back for a correction down wards after which it then retrace back upwards and then becomes a trend which we can see as its actual direction.