Post
Topic
Board Speculation
Re: Whose the fallen prices of Bitcoin affect the most
by
Josefjix
on 12/11/2024, 23:13:38 UTC
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.