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Why is the bitcoin price going down
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[QUOTE="funmi, post: 221178, member: 38880"] It took me sometime before I got to understand the dynamics of the cryptocurrency market I have been used to the forex market but not the cryptocurrency market. So when I first learnt about the cryptocurrency market I was misinformed to thinking the market takes one particular direction of going up and up alone. But this was not the way I understood the forex market to be as it was a market that has it ups and downs and it was this ups and downs that determines how you actually makes your money during the trades. So some people makes money when the .armed is moving up and some also suffers losses aswel, depending on what divides one actually finds his or herself at that particular point in time it was later I got to realise that the forex market and cryptocurrency market are using almost the same partner. This actually makes more sense because such market can only make sense only when supply and demand are interacting with each other. The simple logic also applies in the cryptocurrency hence prices are not meant to to be stable or focused on a single direction rather there should be an up and down swing. [/QUOTE]
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