We have different types of stories that have arisen on how people can put small investment in bitcoin and end up with very high returns. Bitcoin has become very popular in the world. Very many people thought that the bitcoin would be the fast universal currency in the world, this is because it was known by a large number of people. Very many people are the world had turned into investing in the bitcoin.
A large number of people had majored into investing in the bitcoin because it was growing at a lower high rate. When it comes to the growth of the bitcoin, it is evident that the rate at which the bitcoin was growing was very high. There came a time when the value of the bitcoin reduced drastically. When the bitcoin lost its value by a great percentage, a large number of people who the that was the end of the bitcoin time.
A large number of people have no clear information weather the bitcoin is dying or not. When it comes to the stories and the bitcoin, we have very different stories from different people about the rise and fall of the bitcoin. The bitcoin currency is very new in the market.
The truth of the matter is that the bitcoin has not died. We have a large number of ways to prove that the bitcoin is still there. The bear and bull market is very good since it will play a very big role in proving that the bitcoin still exists. When it comes to investing, there can be a period when the number of investors can reduce. When it comes to the investment, there can be a period when the number of investors can reduce mainly because they lack confidence in the investment.
The value of the currency dropped mainly because there were a reduced number of investors. The pulling out of the investors from the investments made the currency to reduce. The bear market period is a period by which there is lack of confidence in the Investment hence making the number of investors to reduce, this will impact the currency negatively since there will be a drastic decrease in the value of the currency. When it comes to the time period that the bear market occurs, it maintains occurs after a period of high confirm and growth.
The bitcoin lost value because it is am illegal currency. When it comes to the legally of the currency, it is everything that it will take a very long period of time to be recognized. There are also monetarily restrictions that have been set to undermine the bitcoin activities. This has also led to the drastic reduction of the bitcoin value.