Cryptocurrency prices, perhaps, experienced their lowest levels in history in November before the end of 2018.. The impact of the declines, which made people question whether the expected decline and bubble expectations were real for a while, was so great that the loss of investors in the market exceeded 720 billion dollars in 1 year.. Cryptocurrencies, which lost more than $500 billion in foreign debt on average, lost more than $700 billion in market volume in 2018, and could close Turkey’s entire foreign debt with the loss of market volume within a year. the money dropped big enough to stay. The declines, which showed their effects in a short time, were recorded as one of the investment events that will be remembered in the dusty pages of history.
When Bitcoin and cryptocurrencies are not considered separately, both sides experienced huge decreases and the loss rates reached the highest levels due to these decreases.. Since the declines that started a while ago are not considered to be over yet and the continuous downward effect continues, investors started to think and calculate how much loss they will lose in this process, not their earnings. It was claimed that the declines could continue until the end of the year, causing losses of up to 95%. taught that they should never give up on their own decisions. He taught how the Bitcoin Cash hard fork and similar transactions can reduce the market volume of cryptocurrencies by billions of dollars, and that cryptocurrencies will never be able to maintain a balanced price policy because they depend on investors.
The biggest loss in this process is ”fake crypto currency. “money analysts” and by making false statements and comments, these people who mislead and seem to mislead the investors were making money by making suggestions when the market was good and rising with thousands of dollars they earned from investors.. It is still possible to come across these people, who started to disappear one by one after the bad declines, mostly in India, Turkey, Middle East countries and some other countries. They thought that they should make a decision by examining what happened in the market, and they understood the suggestion that “believe and trust yourself, not anyone else, make your own decision and remember that the owner of the cryptocurrency is not someone else”.
The biggest loss was experienced by the expectation that they would “rise” in the crypto money sector.. While those who started to withdraw their investments immediately after the declines emerged, on the one hand, there was a 5% group that increased their cryptocurrency investments during further declines.. These groups, claiming that cryptocurrencies will break records at the end of the year and that historical records will be seen, added new investments to their investments at the level of $ 4,000 and $ 3,600, thinking that this is the lowest price.
It is not possible to find a direction that can look from the positive side. The decline of cryptocurrencies can only be that the crypto money investors who will enter the new market will have crypto money at a price where they can make more profit next year or the next year by investing at a low price in a short time. The time will come, and at what price?” expectations were also partially erased after the recent declines.. The expectation of the bottom price of these cryptocurrencies has been going on for 1 year and the $2,500 level is shown as the bottom.