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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?
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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.
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.