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. When it comes to the popularity of the bitcoin, it is evident that it has become more popular in the world. Therefore a large number of people around the world thought that it would be the fast universal currency. A large number of people had turned into investing in the bitcoin.
When it comes to the investing in the bitcoin, very many people around the world had turned into investing in the Bitcoin best it was booming. The rate at which the bitcoin grew was alarming. When it comes to the value of the bitcoin, there was a time when the value of the bitcoin decreased. 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 is a very near currency in the market.
When it comes to the existence of the bitcoin, the fact is that the 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. When it comes to investing, there can be a period when the number of investors can reduce. This is because they lack confidence in the investment.
The value of the currency dropped mainly because there were a reduced number of investors. The reduction of the numbers of investors can be due to the pulling out of the investment. 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.
One of the things that promoted the loss of value of the bitcoin was that it is not a recognized form of currency in the world. 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. When it comes to the bitcoin investing, there is a monetary restriction that has been set by the different countries around the world, the maintenance aim of these restrictions is to make sure that the activities of the bitcoin have been undermining. The monetary restrictions made the Bitcoin to reduce its value.