2 Critical Things Ian King Want Traders to Know About the latest Bitcoin Panic?

Ian King, a Cryto expert that works for Banyan publishing is now sharing what he learned about investment and trading over the last 2 decades. With the experience that he has acquired, Ian King is offering what he knows in a series of publications about this digital currency online. Despite investment products going up and down in this difficult and volatile market, he is focusing his attention now on the digital currency market, in particular, cryptocurrencies. As the founder of intellicoins, Ian king is covering a wide range of critical topics like Bitcoin: The end of the Beginning, 4 top-Performing Alternatives to Bitcoin, Bitcoin: Your New Safe Haven and much much more.

To make sure traders are equipped with the knowledge that they need to know now, he is also addressing topics like What novice and veteran traders can learn about the latest bitcoin panic. So, for those of you who are interested in learning what happened and why, here is what he wants you to know.

  1. Plunges are an inherent Part of the Investment Market

Unfortunately, many crypto investors were given a quick harsh lesson in the nature of the financial market. One in which that exposes its tendency to go down much faster than it will ever go up. Since any negative activity can adversely affect the markets, it is not uncommon for investors and traders to react quickly to make a financial decision to dump what they have to keep from losing their shirt.

In the latest scenario with bitcoin, the drop in prices was due to the Chinese regulators and their position on crypto exchange trading, Since they took a stance to begin cracking down on this activity, the bitcoin market took a big hit with a 36% plunge in prices. Based on the history of bitcoin trading and the associated tracking, this event was recorded as the largest loss since the year 2015 in the month of January. In fact, in many cases, the present Bitcoin enthusiasts were said to have felt a very strong sense of déjà vu when it happened again.

  1. Opportunities to Buy — Prepare for the Rebound

When the bottom falls out of any investment, this is usually the best time to buy, according to the advice of many expert investors in the stock market. Since Bitcoin is not considered to be dead and gone, it appears to look like it going to rebound.

In short, those who buy now will have a chance to get in at low prices while it grows again. Related: https://banyanhill.com/crypto-markets-expert-ian-king/

 

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