Do not buy the bitcoins, its a mini bubble.
By: Vikas Sengar
Tags: Bussiness, Cryptocurrencies List, Bitcoin, Values, Investment

Do not buy the bitcoins, its a mini bubble.



Do you know the best investment is the investment with a safe and high return. But bitcoin at this time is like a bubble that means the price of the bitcoin can also fall again.

Why bitcoin price will fall again?

There are a two reasons behind it. The one is there are 1.85 crore bitcoin is present and the left 0.25 will be mined in the coming future. That means bitcoin have a value and we also know that for a majority of people now bitcoin is like a digital gold. But You know it's not safe like Gold.

The Value of bitcoin is like a Mount Everest and due to its limited supply and high demand it is increasing day by day. But remember it is also like a highly volatile type and making a mini bubble climb.

You Can see from a previous experience that whenever price increases and get a new high for a time, it falls and the reason behind it is the making of a small or minibubbles which falls due to the artificial increasing in price.

How artificially price increases?

You can observe that In a previous, whenever prices increses, the media makes the newses that only sounds big and the richest ones increases bitcoins price by stocking them for making profit. Bitcoin is easily manipulative. N'd whenever Bubble burst due to error correction or the richest one releases their stock or due to any reason, the prices of bitcoin falls down continuously for a few days.

Well bitcoin is a strong, limited and famous cryptocurrency and it has no upper limit that's why after some time it recovers and reaches its new high.

You can says it's like zig zag motion towards the upside. So at this movement It will not be safe to invest in it. For a some days bitcoin will take some more hight but remember it will be riskey to invest because we didn't know that when will bitcoin start to fall.

The second reason that I will say the loss of the Market.

Do you know that a countries like India planning to ban cryptocurrencies this will affect the bitcoin also, because the investment in bitcoin was increasing day by day in India. It will like a negative sign for a bitcoin but just for a sometime. Because The behaviour of bitcoin is like that It does not affect by something for a long time even in the pandamic.

China is also planning to make its own currency and It's well known that two third of bitcoins is hold by Chinese. So this can be a bad impact on cryptocurrencies like bitcoin.

Well, Bitcoin can touch $60,000 mark and if bitcoin get success to handle it's graph it can move towards 70,000 for sometime. But the journey will not be easy. The bitcoin can also fall towards the $40,000 again. As it's a bubble type.

So remember the best stretegy to invest in bitcoin is to invest at minimum risk.

Whenever the prices of bitcoin falls for a long time and suddenly starts to recovers. It’s the right time to invest with a low risk And Never ever invest their saving in an investment options like bitcoin because due to a one bad investment done by you, you can loose your money upto 80%. No limit to loose but also no limit to earn.

So beware from the bubbles.