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Question asked on Musing.io by rebeccasal

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· @rebeccasal ·
Question asked on Musing.io
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created2018-10-18 13:06:03
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@zaicha ·
Question answered on Musing.io
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properties (23)
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json_metadata"{"app":"Musing","appTags":["Market"],"appCategory":"Market","appTitle":"What causes volatility on bitcoin market?","appBody":"<p>Crypto currencies are highly unpredictable/ volatile.</p>\n<p>These are mainly based on the speculations and trend change very sharp.</p>\n<p>Same has happened again, some news/ speculations have spread and all the investors got panic and started selling their holdings.&nbsp;</p>\n<p>A crypto market is not regulated by some regularity authority so there is no one to safeguard the interest of small investors.</p>\n<p>As some large selling and buying is observed or some news is broke, crypto market reacts very fast. &nbsp;</p>\n<p>In situation like this one should remain calm and should not take decision in haste.&nbsp;</p>\n<p>Decentralized technology is still new to the world. Its market penetration and adoption is still negligible.</p>\n<p>With the passage of time as more and more people are aware of this technology, it is becoming more and more popular.&nbsp;</p>\n<p>Now even many countries has started accepting this as currency and many other are in the process of adopting.</p>\n<p>So in future a more countries will jump into it and it will gain more trust of people. Its value will also increase.&nbsp;</p>","appDepth":2,"appParentPermlink":"p3s8xnt8x","appParentAuthor":"rebeccasal","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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