Bitcoin is crashing – and selling it is not easy

in #bitcoin7 years ago

So this news item from Dec 22 revealed that bitcoin had fallen 30% from $19000 to $13000 as investors cashed out for Christmas gifts and to realize gains for year end.

They stated that buyers would return in the new year to buy back at cheaper prices. Well, if you fell for that load of crap, you are down another 50% since then.

How's that media hype working for you?

There's a sucker born every minute I guess.

After a blistering, twenty-fold climb this year, Bitcoin started losing steam, losing a third of its value since Sunday. Bitcoin dropped below US $13,000 ($16,600) after approaching US $20,000 on Sunday, in a precipitous plunge that may mark the end of this year’s rally for the crypto-currency.

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Read this Article For more Detail : :

https://globalnews.ca/news/3931192/bitcoin-crashing-sell/

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Thank you ! @askquestion

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Wow, very informative.