Hello steemers, I have one question for all of you, for what reason, my wallet is falling? DISAPPOITMENT

in steemit •  8 years ago 

Yesterday, the value of my account was 6.7 dollars until today, you see here are today situation, could you please explain to me why and how is it possible? thanks

thank in advance @drduke

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Because the value of something is based on people's willingness to buy it! It works like stock... when you sell it you have to accept what someone else will pay, and that is less now...

In 2011, bitcoin went up to $32 ! Then fell to $2. In 2013, it goes over $1000. Now (2016), we are at $600. Cryptocurrencies are volatile.