We have different types of stories that have arisen on how people can put small investment in bitcoin and end up with very high returns. Bitcoin is known by a large number of people in the world. Very many people thought that the bitcoin would be the fast universal currency in the world, this is because it was known by a large number of people. A large number of people had turned into investing in the bitcoin.
This is because the investment now was booming at a very high rate. When it comes to the growth of the bitcoin, it is evident that the rate at which the bitcoin was growing was very high. When it comes to the value of the bitcoin, there was a time when the value of the bitcoin decreased. There was a time when the bitcoin reduced by a great percentage, this made very many people think it was the end of the bitcoin.
A large number of people have no clear information weather the bitcoin is dying or not. There are different arguments from different people around the world about the demise of the bitcoin. It is evident that the Bitcoin has not been therefore for a very long period of time.
The truth of the matter is that the bitcoin has not died. We have a large number of ways to prove that the bitcoin is still there. The bear and bull market is very good since it will play a very big role in proving that the bitcoin still exists. There comes a period when the number of investors in something reduce. This is because they lack confidence in the investment.
This will make the value of the currency to reduce. The number of people who have Invested in the currency pulled out in large number hence causing a drastic reduction in the value of the currency. The bear market period is a period by which there is lack of confidence in the Investment hence making the number of investors to reduce, this will impact the currency negatively since there will be a drastic decrease in the value of the currency. The bear market period occurs after a time of high confidence and booming.
When it comes to the legality of the bitcoin, it is evident that it lost value because it is not legal. The bitcoin will have to go through a very long process before it is legalized here. When it comes to the bitcoin investing, there is a monetary restriction that has been set by the different countries around the world, the maintenance aim of these restrictions is to make sure that the activities of the bitcoin have been undermining. This has also led to the drastic reduction of the bitcoin value.