We have very many stories about bitcoin changing small investments into very high returns. Bitcoin is known by a large number of people in the world. Since Bitcoin has become more popular in the world, a large number of people in the world thought it would be the fast universal currently. When it comes to the investing in the bitcoin, it is evident that a large number of people had majored 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.
The true fact is that a large number of people have no clear information about the rise and fall of the bitcoin. When it comes to the stories and the bitcoin, we have very different stories from different people about the rise and fall of the bitcoin. The bitcoin is a very near currency in the market.
The truth of the matter is that the bitcoin has not died. W have ways to prove that the bitcoin still exists. When it comes to the ways of proving the existence of the bitcoin, the bear and the bull Mark is one of the ways of proving that the bitcoin has not died. There comes a period when the number of investors in something reduce. When it comes to the investment, there can be a period when the number of investors can reduce mainly because they lack confidence in the investment.
This will make the value of the currency to reduce. The pulling out of the investors from the investments made the currency to reduce. The period by which the number of investors reduces thus causing a reduction in the value of the currency is called the bear market period. 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. It will take a long period of time for the currency to be recognized. There are also monetarily restrictions that have been set to undermine the bitcoin activities. This has also led to the drastic reduction of the bitcoin value.