Hello Guys,
Since the beginning of the year we have seen lot of fluctuation and ,mostly in down trend in Bitcoin price. Lot of expert are trying to search the reason behind it and many of them found out that - Bitcoin Derivative have made a insignificant effect on the Price of Bitcoin.
I hope the most of the investor or trader are well aware with the financial marker and they are also used to such words like Future and option and derivatives,
Hence they are also very formal with this word
In stock market the trader play both the side- Either he buy the security or sell that one.
If he thinks that market goes up then he buys but on the contrary whether he thinks that market will tank then he immediate sell the lot, it does not matter whether he has that stock or not.
This market runs only on speculation and since when such type of trades have been entered in Bitcoin then automatically Bitcoin prices have been come under control otherwise it might have been touched the $40,000
When Bitcoin future prediction market started then lot of people were really in joy and celebrated but as an Old hand in stock market I was in worry because I knew that what happened when sell market starts in the market,!!!
By the way it is advisable to avoid such speculation type of market and Buy the Bitcoin and other crypto currency for medium to ling term and there is no any doubt that Bitcoin will touch the moon soon
Best Of luck