Of curse all the coins price is getting down some months back but it seems there is a change this days because price has begin to go up now.
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That's the reason why most expert traders will always advise us to trade wisely because you never can tell what could happen to any of the cryptocurrency coins prices later on. So I so much use the logic as well.Ever since bitcoin went down a lot in price, it made me wonder what is going on with other cryptocurrencies. It looks like most cryptocurrencies are getting cheaper and cheaper. I bought a little bit a while back, and I already lost like $200 because of the change. In Bitcoin I mean. What are your thoughts on this?
Bitcoin crossed the $50 mark last week after the dip that sent it crashing in price, bitcoin gas fine down again to around $46k but it surely would rise higher that's how it works
Even when prices are going down it's possible to make profit in that period by trading as you have rightly said, selling when the market grows green a bitYeah - it's actually how it works when it comes to cryptocurrency behaviour there is no way the prices is going to remain static for a very long time which is how trading helps people to make money.
Even when prices are going down it's possible to make profit in that period by trading as you have rightly said, selling when the market grows green a bit
It can be frustrating to see all coins just nosedive when the almighty bitcoin does and even more annoying is the fact that they rise at a much more slower pace than they dipped when bitcoin rises again.Most of the cryptocurrencies follow the behavioural parttern of the Bitcoin when they fluctuate. At the moment you bought the coin you're talking about, the trend was still going down that's why you lost that amount of worth of your Bitcoin