4 Reasons Why the Cryptocurrency Market is so Volatile

creaperlost (25)in #crypto • 7 years ago

So many of the newcomers into this community always wonder why the market is so volatile.

I will put it simply so i can be understood even to people that now nothing about economy.

1.Crypto don't really offer a service still,they dont have revenue or people working.Its more dictated on trend and the media.
2.There is a lot of market manipulation because of little regulation
3.Not a lot of money into cryptocurrencies.
4.Most people invest for the short term and follow the trends as said in 1.This means huge buying and selling everyday.

#bitcoin #market #stock #coinmarketcap