How hamsters affect the market of crypto currency.

Crypto currency analyzes the impact of hamsters (hamsters) – non-professional traders on the dynamics of Bitcoin prices and the market of crypto-currencies in general.

As we all saw, at the end of 2017, Bitcoin grew 12 times compared to what was predicted by many experts, and then it managed to exceed even a benchmark of 20,000 dollars, but then, in early 2018, Bitcoin suddenly fell, why?

Hamsters – pests of crypto currency

There are many reasons that can be the basis for reducing the price – transaction fees, infrastructure, bandwidth, which all relate to internal factors. The proposal of the European Union on crypto-currency regulation belongs to external factors.

But another obvious reason is non-professional traders (hamsters). Their reaction to negative news and rumors, ignorance and impulsiveness led to the sale of Bitcoin and altcoyins. Their actions have a domino effect, so even professionals are forced to sell their crypto-currencies.

However, the good news is that this sudden drop in BTC does not necessarily mean its final collapse. At the same time, analysts warn not to buy cheaper crypto currency, because prices may fall again.

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