As we could have noticed at some point of our beginning in cryptography, these currencies have a high volatility, which can cause us to earn big profits or lose a lot, but ... What is the reason for the volatility of the currency?
In my opinion, the most influential factors that can cause extreme volatility are the actions carried out by people with great power and the news, these are deeply related to the change of value in the world of cryptocurrencies, however, in the case of the news, everything depends on the type. Take for example the BTC a few weeks ago, everything was fine, the BTC reached the peak of $ 5,000 until the Chinese government banned the ICO (initial offers of cryptocurrencies) throughout their country, the Chinese government reached these extremes as they needed weaken the other currencies of the market to make your currency more relevant in the market. This caused that the value of the BTC collapsed since the majority of the miners that extracted at that moment were in China, reason why we can see this example like an action of somebody with much power influencing negatively in a cryptocurrency.
In the case of news, they can influence positively and negatively, depending on whether the news in question is for or against a particular cryptography or if they attack them in a general way. My advice for those who are beginning in this commercial world so that they do not fall into the clutches of selling very fast is (probably they have heard it a lot, but I recommend it) never invest more than they are willing to lose, so that you can sleep a little more calm jaajajj
DeepOnion has had a relatively good impact throughout its short history, in my long work experience I had not known such a good quality project and where the people that make up the community work as well as a team to make the onion known. in all possible places, in addition to able and intelligent moderators and innovators to face all the problems that could arise in the great project called DeepOnion, this great community will last for many years, so let's have fun in this long and arduous journey to contribute to the development of DeepOnion.
