Who recently invested in Bitcoin or another cryptocurrency at this moment is holding his breath with his hands on his head. Almost all crypto-coins have gone through a hit and this usually means that the value goes down in a relevant way.
However, it has been a roller coaster of emotions. Both Bitcoin rises sharply and nearly reaches $ 20,000, as a month later drops drastically below $10,000.
True, the world’s largest and most widely known crypto-currency has fallen so sharply that it leaves investors with their hands shaking.
As I have said in the past, do not ask for more than you are willing to lose. Cryptocurrency is the most volatile assets in the world and these charts show that.
Bitcoin is one of the most
But this great fall does not only happen in Bitcoin. The Ethereum, Dash, LiteCoin or even EOS all have strong drops and only today there have been more than 30%.
There is not much to talk about the fall itself. It may have to do with the pressure from governments, the alleged ban in South Korea or the high value of transactions.
The most likely thing is that everything goes from an adjustment to crypto-currency inflation against “real” currencies.
If you are thinking about investing in crypto-coins, it is difficult to have a more appropriate time than this.
The Cardano is at $ 0.45, TRON at $ 0.04 and IOTA at $ 2.06. Read the projects before you invest your money, more important than a cheap or famous coin is the project that the team behind it intends to develop.