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 is known by a large number of people in the world. Since Bitcoin has become more popular in the world, a large number of people in the world thought it would be the fast universal currently. A large number of people had turned into investing in the bitcoin.
This is because the investment now was booming at a very 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 was a time when the value of the bitcoin reduced by a great percentage. 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.
The true fact is that a large number of people have no clear information about the rise and fall of the bitcoin. There are different arguments from different people around the world about the demise of the bitcoin. The bitcoin currency is very new in the market.
Very many people in the world think that the bitcoin is dying, however, the truth of the matter is that bitcoin still exists. We have a large number of ways to prove that the bitcoin is still there. The bear and the bull markets can prove that the bitcoin is still there. We have certain times when the number of investors can reduce. This is because they lack confidence in the investment.
This will make the value of the currency to reduce. The reduction of the numbers of investors can be due to the pulling out of the investment. The period by which the number of investors reduces thus causing a reduction in the value of the currency is called the bear market period. The bear market period occurs after a time of high confidence and booming.
The bitcoin lost value because it is am illegal currency. The bitcoin will have to go through a very long process before it is legalized here. We have monetary restrictions that have been set so that they can undermine the bitcoin. This made the bitcoin to reduce in the value.