The Real Reasons Behind Crypto Market Volatility?

nevlu123 (81)in Tron Fan Club • 23 hours ago

ᴡᵉˡᶜᵒᵐᵉ ᴛᵒ ᴍʸ ᴀⁿᵒᵗʰᵉʳ ᴘᵒˢᵗ

Hello all friends and all members of the community.Also all moderators as well as admins.Hope all of well.Today I am going to share with you some of my own opinion about crypto market ,I hope you all like it.Cause i will try to provide my best.so let's start.

Friends, today I am going to share a new topic with you, why is the crypto market so risky and I will share some of the reasons for this with you, so many people know about it, many are experienced, but I will share it in my own way, I hope that someone may like it, so let's start.

There may be many reasons for this, but I am sharing a few reasons with you one by one, such as

The biggest problem with the Crypto currency market is that its price volatility actually goes up and down in different ways at different times, which actually becomes a problem for everyone, for example, the price of a coin that is 100 taka today may be 70 taka tomorrow and 150 taka again. Due to this rapid change, new investors get scared and make wrong decisions and this is happening continuously throughout this market.

Another thing that I am going to share with you is that there is no central control in it. Like banks or stocks, even cryptocurrencies are not fully under the control of the government. In many countries, there are still no clear rules and regulations. If there is a problem, the guarantee of getting your money back is low. This is why new users are afraid to invest here, and many people who invest withdraw their funds due to this fear.

Again, many times, it is seen that some big pir recruiters in a small market, who are said to buy or sell many coins at once, suddenly the price increases and decreases, then they face losses because at this time new investors cannot understand it in any way, which can be done well. Again, many times, these reactions can also occur due to rumored news.

Again, many times, people see and react to news or social media posts. If someone spreads big negative news, the price can fall quickly, and if someone gives good news, the price increases. Again, sometimes, even if the CPI data point is good, the rate still goes up. There are other things, such as there are many fake projects in the crypto world and they are also more likely to be scams.

Especially many exchanges or wallets have been hacked in the past. If you invest in the wrong project, you risk losing all your money. So in that case, it's not really the same thing, is the Kipta market bad? The Kipta market is not bad, but it is an investment market of the source era where you can profit by using your own experience and not be disappointed.I hope you can learn a lot through the detailed discussion. Thank you very much to everyone.

No more today stay safe with your nearest and dearest, also take care of yourself.Have a good day.

𝒩ℰ𝒱ℒ𝒰123

I am Emdad Hossain Nevlu from Bangladesh. My steemit ID is @nevlu123 . And I have a discord account with the name Nevlu123. Currently I have three companies, and along with those three companies I work on steemit. I am Muslim by ethnicity. But linguistically I am Bengali. Because I speak Bengali language, so linguistically I am a Bengali. My biggest hobby is traveling to different places. So far I have traveled to three countries, although I want to travel to other countries. However, my hobbies include music, video editing, photography, Works of videography art and 2D, 3D design.