3 Things We Can Learn from the Slump in the Price of Bitcoin by levycore

hive-148441 · @levycore · Mar 13 '20

$17.66

3 Things We Can Learn from the Slump in the Price of Bitcoin

https://nyc3.digitaloceanspaces.com/servercarlosesverde/elevenews/wp-content/uploads/2019/11/21081204/bitcoin-mantiene-tendencia-bajista.jpg
[Source](https://www.google.com/search?q=bitcoin+falling+&tbm=isch&ved=2ahUKEwj-kunTpJfoAhVLJLcAHTvNA6YQ2-cCegQIABAA&oq=bitcoin+falling+&gs_l=img.3..0l3j0i30j0i24l3.1554245.1554245..1554873...0.0..0.88.88.1......0....1..gws-wiz-img.LydIN12iXNU&ei=WWZrXr6CG8vI3LUPu5qPsAo&rlz=1C1GGRV_enID751ID751&safe=strict#imgrc=dUBvgODQzGc3dM)

Concerns about the corona virus COVID-19 turned out to cause panic in the cyptocurrency market or digital currency. This panic has made the price of Bitcoin plummeted and valuations evaporate billions of dollars overnight.What can we learn from the drop in the price of bitcoin to avoid loss when bitcoin weakens?

## 1. No Need to Panic Fear of Running Out
One of the things that can get bitcoin investors into a loss is too brave in buying bitcoin for fear of running out. This can be detrimental if the value of bitcoin suddenly drops. Therefore, you should consider an investment strategy before buying bitcoin.

## 2. investment with Other Cryptocurrency
Bitcoin is indeed the most special crypto currency. The first crypto currency made and the most popular. However, it's also good if you are interested in investing with bitcoin, try to invest with other cryptocurrencies, which can be exchanged at any time. So the loss you might receive when the value goes down is not too much.

## 3. Always Update News
Bitcoin does not crash without cause. There are various factors that cause the price to plummet. We will discuss the factors that can make bitcoin plummet in the next post. Now, by recognizing the factors that cause the drop in bitcoin and always updating news about bitcoin, you can take a smart attitude before experiencing a big loss because of a bitcoin crash.

The news in question is about the development of bitcoin in various countries, new regulations about bitcoin, and anomalous events that have an impact on bitcoin volatility.

Those are 3 things we can learn from the drop in bitcoin. As we know, bitcoin and other crypto currencies do have very high volatility. Someday the price of bitcoin will definitely increase and decrease again. So, users need to make strategies so they can benefit. What do you think?

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properties (23)vote details (252)

voter	rshares	pct
silversteem	15,585,377,670	100%
boatymcboatface	489,802,507,277	100%
donkeypong	58,255,947	10%
mindstabber	95,234,022	100%
sock	777,845,453	100%
josephcraig289	426,528,186	100%
kingscrown	354,699,064,951	5%
theshell	131,518,537,619	100%
rok-sivante	1,585,235,676,011	100%
igl00	1,738,909,077	100%
slowwalker	556,067,939,129	7%
warrensteem	197,781,843	25%
smolalit	16,815,566,605	27%
coininstant	346,450,674,821	100%
krabgat	45,000,231,694	50%
ace108	83,910,364,392	3%
kenjiby	4,065,402,326	100%
bridgetbunchy	54,102,820,806	25%
kdtkaren	19,757,383,686	100%
darthnava	102,289,697	10%
queenmountain	670,890,226	100%
rubenalexander	93,191,370,691	100%
cryptomancer	16,317,909,347	30%
marina007	11,793,314,393	36%
dan-bn	645,793,047,476	100%
ebargains	10,931,585,532	30%
cjsdns	27,094,539,501,094	100%
okean123	5,722,428,362	10%
me-we	294,230,898	100%
robinmmthompson	6,179,504,467	100%
doodleman	1,588,902,440	89%
steemprentice	28,503,290	10%
walterjay	160,492,821,105	60%
jdevora	135,670,000	50%
honusurf	225,506,279,991	99%
abduhawab	73,281,651,754	100%
slh84	60,285,521	50%
bigdaddy	10,556,971,450	100%
kingsmind	18,169,452,947	100%
pboc	727,144,657	100%
lordneroo	9,994,415,823	28.8%
kunschj	39,810,244,266	100%
frankk	9,607,315,205	35%
usammiismi	6,174,319,094	100%
eliel	53,705,971,022	30%
lotusofmymom	7,579,506,203	7%
improv	21,298,030,581	4.5%
rycharde	2,405,742,750	6%
arunava	639,284,365,656	25%
wishmaiden	906,100,085	5%
kemal13	36,260,429,012	100%
sonki999	735,028,860,094	30%
anacristinasilva	25,012,904,455	30%
salma.ali	148,900,517	100%
ew-and-patterns	42,092,825,661	2%
techken	672,881,514	3%
dodoim	114,723,504,689	11%
furious-one	11,092,420,706	25%
gniksivart	30,521,627,078	15%
raili	1,793,166,538	30%
runicar	162,382,839,914	17.28%
dado13btc	4,675,166,891	17.28%
owner99	36,072,191,283	100%
barcenas	560,385,857	60%
teukumuhas	542,127,409	100%
incomepal	0	5%
doktormuslem	3,752,695,686	100%
abieikram	2,399,194,966	100%
stinawog	4,554,983,431	30%
horpey	62,834,809,277	27%
tuoficinavirtual	91,823,109	25%
ilyasismail	33,530,385,034	100%
igrinov	2,016,613,561	25%
pardeepkumar	25,929,640,706	17.28%
zawil	2,286,860,990	100%
adrianbucks	184,318,235	50%
albertjester	32,269,840,680	100%
accelerator	97,146,408,459	6%
estream.studios	4,353,646,188	30%
meutiarachmi	383,426,265	50%
seajai	1,223,061,414	100%
rakkasan84	235,790,483,326	24%
erikkun28	0	4%
ahmadnayan	6,594,813,608	100%
morahn	959,482,634	13.5%
spacecadet1	49,535,892,345	100%
bangmimi	1,291,694,219	50%
dolles7	735,734,320	100%
abeyaimary	1,757,466,469	100%
pn09s	786,797,625	100%
faizarfatria	2,753,823,545	100%
arizkycreative	593,155,566	100%
communitycoin	697,354,161,520	33%
kassixo	949,337,044	25%
teukurival	16,420,522,053	100%
potplucker	1,778,976,345	7%
babangsunan	1,025,334,959	100%
amrumk	96,836,890	25%
steem100	637,694,768	100%
cryptomeeks	7,170,590,040	10%
cryptodecript	59,754,833	10%
enjoyinglife	25,950,272,781	17.28%
kartiksingh	419,784,649	75%
quicksnake	2,195,216,603	100%
funnyco	66,288,490	10%
lord-geraldi	5,606,791,645	100%
stupid	705,451,945	40%
aburashed	49,502,309	5%
mattiarinaldoni	160,567,929	5%
mehta	138,446,350,704	40%
mauialohabella	2,473,232,781	100%
curx	86,615,827,108	30%
chorock	615,440,966,142	50%
timmylace	287,092,581	100%
anharismail	188,876,778	100%
kristves	10,702,955,353	11%
photoholic	344,310,472,363	7%
malia.mancianti	1,832,340,872	100%
tomhall	346,034,274,371	15%
ofildutemps	2,721,842,215	30%
dr-frankenstein	23,368,339,220	30%
thecontractor	776,512,804	10%
mindtrap	365,488,828,642	28.8%
cryptofuwealth	108,634,557	11%
singing.beauty	1,007,230,718	30%
afmeulaboh	774,945,289	100%
clm	5,682,867,927	30%
khaimi	57,594,856,051	80%
veganomics	147,906,712	100%
magicinvesting	142,366,535	100%
razzor	780,778,157	100%
abu-buleuen	70,384,493	20%
dream-o	45,861,053,175	5%
herapakar	447,281,011	100%
khayziljoy	93,370,589	100%
ach-community	546,933,307	100%
sahari72	553,664,852	100%
sustainablelivin	1,623,595,174	15%
rubberducky1004	328,583,313	100%
abdurrahman7	2,346,137,359	100%
rizwans7	554,022,992	100%
fitriani02	554,634,917	100%
angelinafx	15,115,535,553	6%
maulidin-alasyi	653,247,103	100%
tronhill	1,822,042,467	50%
ikbalrizki	574,641,234	100%
husnan	552,688,079	100%
upboater	5,478,984,476	5%
steem.services	1,934,301,076,049	30%
meedo	14,412,012	100%
khalilputra	552,409,671	100%
rokhani	34,763,099,461	50%
rbriyad2	889,872,924	100%
sergino	3,314,748,536	10%
steemitsupporter	5,154,666,253	10%
superledger	12,931,915,791	50%
ferryfansuri	757,597,497	100%
evanpetzer	493,296,193	50%
jiangzemin	394,700,982	100%
shahabudin	40,799,090	50%
rhampagoe	20,258,008,520	100%
opixer	960,314,511,256	100%
najma	546,215,716	100%
hardaeborla	1,670,011,746	12.5%
juliocaraballo	91,218,802	50%
sydzmrh	588,214,499	100%
akmalz	1,442,512,973	100%
suonghuynh	725,928,185,465	6%
kafupraise	128,095,334	35%
steemulant	522,886,372	27.43%
xves	92,849,769	12%
sudoku	1,778,039,357	25%
abduljalill	772,720,358	100%
khairilafdhal	697,972,632	100%
ekafao	1,915,340,869	100%
smartvote	590,698,981,266	6%
chris.geese	165,194,535	100%
anggaofficial	557,141,863	100%
abduljalil.mbo	6,271,046,860	20%
spotted	1,047,263,102	24%
meq	2,807,829,394	100%
praditya	2,918,830,638	25%
aicurator	31,578,422,111	30%
blake.letras	131,619,482	100%
balticbadger	69,954,473,948	50%
ranggayusuf	132,999,846	49%
perepilichnyy	1,456,654,628,179	100%
al-arabi	550,465,638	100%
rizalkonoha	558,675,753	100%
hobo.media	187,340,428,824	100%
tebarsuara	634,060,701	100%
eu-africa	581,804,643	27%
bioscrolls	1,572,971,871	99%
bleuxwolf	35,991,297,333	25%
voiceoftruth	287,649,895	100%
juneiker	133,527,976	50%
king-oghie	62,492,575	100%
fredfred1	544,876,156	100%
dariyaya	2,002,668,153	100%
subbotina	2,002,668,153	100%
cyberrn	426,499,193,940	10%
kingnosa	89,599,418	50%
bluesniper	36,475,471,166	7.5%
newtech-adopter	52,759,333	78%
delabo	76,508,477,394	30%
ctime	601,060,790,583	6%
amin-ove	103,797,165	50%
steemtelly	6,169,103,147	27.13%
goodcontentbot	374,012,038	50%
maskuncoro	245,222,957	12%
steether	1,252,423,330	100%
dknkyz	8,385,400,566	50%
tyrzone.tin00	339,605,942	100%
the.curator	5,571,890,001	30%
amariwest	98,251,790	25%
bergelmirsenpai	1,984,540,011	30%
gregoryhedrich	57,227,170	49%
kamimoyla	794,786,146	100%
freizeitcenter	324,144,880	50%
map10k	23,257,740,274	8%
zzan.hmy	1,671,441,010	2.6%
zzan.co1	0	100%
herobear	411,536,456	100%
oldstone.sct	3,782,184,721	7%
firealien	29,624,837,835	100%
zzangu	3,480,297,175	100%
wjs	12,367,133,713	100%
votebetting	1,397,509,818,065	100%
mapxv	45,489,047,400	5.4%
zzan.blue	737,717,047	100%
firealiean	30,200,434,067	100%
maxuvv	845,854,831	3%
maxuva	3,102,564,143	6%
maxuvb	3,098,636,010	6%
maxuvc	2,886,692,705	6%
maxuvd	2,884,343,990	6%
maxuve	28,769,268,190	6%
palja	37,792,281,051	100%
tonimontana.leo	0	0.47%
steemzzang	19,298,925,361,349	100%
roseofmylife	124,687,978,820	7%
springflower	2,202,331,756	7%
mychoco	1,299,306,310	7%
unpopular	35,582,981,141	40%
topadultcurator	197,282,324	10%
we-together	379,779,071,619	7%
drillez	-4,406,138	-10%
rus-lifestyle	541,934,769	100%
zzan.atomy	40,063,386,220	100%
steem-agora	1,606,065,411	7%
p-translation	1,797,276,821	7%
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