Quote from: _act_ on November 12, 2024, 12:49:29 PM

Quote from: B-BossMan on November 12, 2024, 12:26:13 PM

Now i still want know when the bitcoin price falls, who are those the fallen prices directly or indirectly affect the most?

Those that panicked and sell their coins immediately are the people that are affected. People that continue to hold their coins will still see the price of bitcoin go up and get to ATH just as it has been in the past.

But they are not the ones that are affected the most. Those people that bought altcoins at a wrong price and the price started to fall. As bitcoin price fall, the altcoins prices will continue to fall which can significantly make the holders of the altcoins lose so much. What is more disappointing is that the altcoins may not increase up to ATH again.

Alright,so I understood you well,you the higher the prices of bitcoin,the higher the ATH and vice versa the lower the price of Bitcoin,the lower the ATH....I appreciate

Quote from: Josefjix on November 12, 2024, 11:13:38 PM

Quote from: B-BossMan on November 12, 2024, 12:26:13 PM

Its always advisable to consult experts before making decisions on investment to minimize risk in investment,because bitcoin price fluctuations can be unpredictable.
I know quite alright that whenever the price of Bitcoin rises it always be of benefits to long existing bitcoin holders,long term investors and others, Because they see their values increasing,it's very good to be happy when you are making unexpected profits and progress,because it can give you more courage to invest more on bitcoin cryptocurrency,Now i still want know when the bitcoin price falls, who are those the fallen prices directly or indirectly affect the most?

When bitcoin price falls, the most people it affects are the derivatives traders. On 6, of November when bitcoin prices breakthrough $74,000 about $500,000,000 short positions were liquidated so it is when bitcoin prices falls so many long positions will be liquidated. Those on spots can hold and make money or recover loses when corrections are over but futures traders lose all in the event markets goes against their position.

That means this fallen prices affects the traders the most..

Quote from: $crypto$ on November 12, 2024, 04:27:52 PM

Bitcoin has several phases called bullish/bullrun or bearish/bear where this period will always be passed in each cycle, like now it is in the bullrun phase where people are happy because bitcoin continues to rise until it reaches a new ATH even almost $90K I saw earlier.

When the bullrun period is over, bitcoin will enter bearish, well who has the most influence on this whether it is included in losses or other news, what is clear is not to panic if the person panics will indirectly experience losses.

After that, there will be a lot of negative sentiment that continues to lead to this crypto market which makes a big influence on prices continuing to fall.

Okay,that means someone have to be extremely careful when investing because it has to with lots of risks,you gain and the same time you lose.....Thank you for your insight.