Why cryptocurrencies market falling in 2018
People who are new in the crypto market is still worried why price is falling till now. But those who are trading for a long time is not worried at all because they know the situation very well.
Crypto market is noot like regular stock market. Due to high volatility its price can fall or rise in a great extent. It can turn around 100% withing 24 hours. But people new in the business always worry about the price. Because they see the short time change. If you expand the price change chart from 24 hours to one week or one month, you can see the that the price has not fallen a lot. Consider about bitcoin, its value was nearly 5500$ in 2017 on October. But in 2018 it has increased about 1000$.
Some people are expecting a bull run in the market but its not happening right now. We hope that the price of all cryptocurrency are expecting to next bull run very soon , just like November 2017. If you are new in the crypto market and invested something wait some time. A piece of good news in for crypto can rise its value from the bottom to top.
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