Bitcoin has its own rules

[Irungu]

Bitcoin has its own rules, overtime you want to understand it , or at least when I want to understand it , I always find my self even more confused so it becomes irrelevant for me to actually understand what would be the right thing to do , so when working in our forum and formula there is a good thing to really define what is bitcoins  fears, because when ever we start going down with it, it does not really get that far, we are usually left in a strange place trying to speculate what would be the next move, you can not analyse it like stocks or forex,  but sometimes it requires you know how to handle it when they , those who know how  it works decide its time to move.

Its been keeping us guessing for a long time every time we are in a certain positing, the last time before it made a move , it was at 7000$ for about two weeks, we could only speculate and try to understand if the move would be up or down. so at a moment we are not sure what will happen , after jumping from 7000$ to 9000$ we can only wait for the "big man bitcoin" to respond.

I guess the market treats us with a different persona, as compared to other markets,  the stock , forex and bond market

[Killlm]

Hey I think Bitcoin has its own rules, Bitcoin is bound by its specific rules, I use Bitcoin, Bitcoin is a very good currency, Bitcoin is the best cryptocurrency, Bitcoin is not controlled by any company or any person, Bitcoin price depends on investment, Bitcoin  It will follow its own rules, because Bitcoin is an expensive currency, so it has its own rules

[Tom mloi]

There is nothing that does not possess its own rules and basic principles. I do not see anyone who can control Bitcoin or expect its path. That depends on connecting more than one side with each other. I think it is designed to be so

[Magdsolieman]

Cryptocurrencies are characterized by their most important characteristic, which is decentralization and therefore it is very difficult to track transactions that occur and it is also difficult to analyze prices according to personal expectations, as until now some of the big traders face problems in analyzing shares, it is good to know the rules of bitcoin, but gradually

[Baqee]

I think you are right in a way, we can't dictate what way it goes, but we can predict which way has the higher percentage. Bitcoin halving in 2016 made BTC rise in 2017. So its safe to say another halving will cause another increase. Its basic facts.

[cryptofly]

Agree with this topic title.  It confirms that any investor should do a deep research on where he is going to put the money to invest and bitcoin is not different.  Once you finally decide where your money will go then, and we are living an example of it, investors has to put in Radar many different situations like this pandemic Covid 19 because issues like this one changes all the horizon and perspectives.  Never has been so true as today that "maxima" saying that bitcoin is not a substitute but a complement of your investments.  It is for now.  I am confident about the future of bitcoin, the fiat money is going down on its value specially now where you can see governments printing that much money arguing "life savers" for all, but in the near future all we are going to pay for that.  Good luck and keep stacking and holding bitcoin.  

[Ali saher]

I think mostly people not know so much about bitcoin rules and other things I also use bitcoin last 3 years but as such I not know so much about bitcoin . I just buy sell trade bitcoin.how bitcoin working and what's bitcoin rules I not know.

[allisonn]

It's just a market and the thing about markets is most people who try trading them get burned.

[skrieeee]

The reason why no one can predict Bitcoin's prices, is that its a decentralized coin, it's transactions towards users aren't trackable unlike other cryptocurrency that has kyc verification on it or it has ties with a bank. the reason that bitcoin is going down from time to time is that people kept withdrawing just to buy essentials since the pandemic is giving others some major problems, and some who has little money or some investors just try to store it on bitcoin that's why Bitcoin is suddenly dropping and raising drastically.

[Mejorpens]

Yes.... And so does everything and every currency. Without rules, things won't work out the way they should. With the help of rules, so many things fall in place.

[Dena Topik]

Bitcoin or we can say cryptocurrencies have been designed with certain basic rules, but in order to avoid previous mistakes of currencies in the markets, it is difficult to predict the path of Bitcoin, but you will know the handling of this currency gradually.

[Arnab12]

I think BTC has ran it's course. I don't see it going anywhere further ahead. Maybe it's time for some other coins. There are actually far better coins than BTC with newer and more advanced technology.

[Riskaa]

It's just a market and the thing about markets is most people who try trading them get burned.