Why Bitcoin Price Falls And How To Protect Your Bitcoin Investment
Bitcoin has become one of the greatest investment assets in the world. Plummeting values are nothing new in the crypto sphere - coins are incredibly volatile and have the tendency to spike and free fall. Bitcoin and other altcoin have taken a series of hard knocks over the last few weeks, from the SEC’s ruling on crypto exchanges to reports of a bear whale with the Mt.Gox case. The resulting lack of buying opportunities has left even the more seasoned investors with a sense of frustration. But just as we’ve come to expect sharp rises from this market, so too should we expect big falls; market fluctuations are part of the “inevitable” cycle for BTC. Whenever bitcoin prices approach historical highs, every investor should consider the currency closely. Consider the end of 2016, when bitcoin approached $1,000 dollars. The first time bitcoin had broken the $1,000 dollar mark was back in late 2013, and as many experienced bitcoin traders will remember, prices suffered a dramatic collapse af...