All of us note that the market of the Crypto has become a breeding ground for fraud and fraud and is very disturbing
But what are the reasons for this?
For several reasons, I will explain some of them.
First: the entry of large numbers of people to the market without any knowledge or experience in it
Where people are entering the market of the Crypto and they think they will put $ 10 and will get in a month on $ 1000 of them, meaning colloquial thinkers Almsari exist tree
Halshi happened a lot at a time of great height for the young as the sites spread monument and investment false for the developers.
Second: dealing with unreliable people Many people lost their money as a result of dealing with selling or buying with unreliable people without using a broker.
Third: Investing in unsecured currency projects
Many currency projects have begun to spread, unfortunately, in a large number of people, with covetousness and buying from the ICO stage
Because they are convinced of the currency team's words without being sure of their credibility.
The price of Bitcoin is known to be volatile. In recent years, we have seen large movements (both up and down) in the span of a few days, hours and even minutes. The Bitcoin market is still small, so this number is a reasonable entry number, and not too different from gold and other major currencies. Price changes are normal in any market. Equally interesting, the compilation of Bitcoin prices is increasing, people will increase FOMO: fear of being left behind (afraid to miss). They are afraid to miss opportunities to get rich and they hope prices will continue to increase, so they start buying Bitcoin, increasing demand and prices. This increases the natural fluctuation of Bitcoin.