I’ve been receiving a number of questions offline from new entrants and hereby I hope that this post will be able to answer any query should you happen to have just as you entered this game of cryptocurrency. Also, from a recent comment from Budget Babe on my earlier post (here), I can’t help to agree much that the situation is real here and it seemed that I’m not the only one having heard such questions
1. Why I can’t guarantee the price of bitcoin?
This is very simple. No one can guarantee anything in investment. Every investment comes with a risk and cryptocurrency here today, belong to a higher risk investment vehicle. The rise/fall in price is due to the buying/selling of coins. When there is more buyer buying in, this will drive the price up, likewise when more sellers are selling, this will drive the price down. This is …