To invest in cryptocurrencies, you have to have a strong heart.
After a tumble that began on May 4, bitcoin, the first of the cryptocurrencies, collapsed on Thursday May 12 below 27,000 dollars for the first time since December 2020, a fall of 15% in 24 hours.
Compared to the historic high of 67,000 dollars, reached in October 2021, the fall is close to 70%!
This new crash has shaken investors.
Some go through this kind of crisis with philosophy, experience helping.
Others see no other way out than to rush off their assets.
The phases of falling bitcoin prices can be trying.
Climate of extreme fear
The most seasoned investors know it: betting on bitcoin is…
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