One thing is common to cryptocurrency marketplace and that is unpredictable. The price movement occurs constantly and if care is not taken someone can easily lose huge money within short.
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Yes, when it comes to cryptocurrency anything can happen, we should always expect surprises, either for quick turnaround or simply drifting down in prices of the coins easily.When it comes to .the crypto world anything could happen to any of the coins so am not surprise if any of the coins rise all of a sudden but always remember that it might fall back to its level as well.
Sometimes the reason for the fluctuation in cryptocurrency is always as a result of certain world events. But now we don't know the actual reason why this is happening. Could it just be a normal technical analysis ?The recent market fluctuation in cryptocurrency is not new because the crypto market is full of ups and downs and it should not be a new thing for the crypto investors. it is what is often obtained in the crypto market and that is exactly what brings in the profit.
The major cause of the downtrend in the cryptocurrency market presently is due to the US policies and the regulatory scrutiny that most of the countries are embarking upon.Sometimes the reason for the fluctuation in cryptocurrency is always as a result of certain world events. But now we don't know the actual reason why this is happening. Could it just be a normal technical analysis ?
All this regulations by government and countries are making cryptocurrency to be somehow unsafe for investors . I believe that there will be a time in which cryptocurrency will be completely banned if proper care is not taken.The major cause of the downtrend in the cryptocurrency market presently is due to the US policies and the regulatory scrutiny that most of the countries are embarking upon.
Banning cryptocurrency is not the best option, I still prefer the regulatory framework that is being impacted on cryptocurrency by most of the country. It is far better than choosing the ban option.All this regulations by government and countries are making cryptocurrency to be somehow unsafe for investors . I believe that there will be a time in which cryptocurrency will be completely banned if proper care is not taken.
If cryptocurrency is regulated , do you really think you will still enjoy your right as cryptocurrency investors ? A lot of people may not be particularly interested anymore after the regulation, but that is much more better than a complete ban.Banning cryptocurrency is not the best option, I still prefer the regulatory framework that is being impacted on cryptocurrency by most of the country. It is far better than choosing the ban option.