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Cryptocurrency

I Lost 40.45% of My Bitcoin Asset Value In 3 Months

Will my crypto assets going to wipe out within a year?

Saurabh Adhane
4 min readJan 27, 2022

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Photo by Erica Leong on Unsplash

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I heard a lot of noise. Some of them, pinged me on Quora saying, they will give me full crypto-investment service. Scammers are everywhere.

One thought will come to your mind. Why bitcoin is falling? The answer is simple everyone is selling it.

When we go deep into the fall of bitcoin, many microeconomics comes into play. These points are making risky assets like bitcoin and another crypto-currencies fall at greater speed.

Source

1. The federal government is going to increase fed rates to control inflation

In the corona pandemic, the economy got slowed down. Many people lost their jobs, selling of products fall down because of government-imposed lockdown in many areas of the country.

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Saurabh Adhane
Saurabh Adhane

Written by Saurabh Adhane

Writer and software Engineer also loves photography and solo Travelling

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