Hello Friends, as we know from last one month, the cost of crypto currency is getting down and down. almost lots of coin is lost their value more than 50%. example in month of may the highest cost of LUNA coin was $ 20.66 US Doller (1513/- Indian Rupess). and current cost of LUNE coin is between $5 to $7.that mean investors are facing loss more than 30%. This start from the mid of May cost of coin is getting down which is unpredictable. I know cost of coins are fluctuate, but this time it was very high fluctuate by that lots of investors facing loss more than 30% just in single month.
Basic Reasons Behind Crypto Getting Down
There are many reason behind Crypto getting down. in many countries crypto get banned. some countries added limitation on crypto. One of the main investor country CHINA is banned crypto use and same time TESLA also declare that they are not going to accept any type of payment via bitcoin. this affects that cost of bit coin falls and lots of investors are loss their money in crypto. Million of Dollars are lost by investor in current situation.
Possibility of getting market up
This not happen first time that price goes down. lots of time price of crypto goes down but after within some days it trends with best deal. but as per current situation, till today cost of crypto gets down by 50% with in one month and constantly it getting down and down. this is very hard time for investor.
Market is Down ! Should I invest !!!
Answer is Big Noooo!!!. I will suggest you to keep track on coin which you want to buy. there are lots of possibilities that cost of coin may get more down. So Keep Track and Keep climb.
