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By Expansión
If 2017 was the flagship year of bitcoin, the most famous cryptocurrency, 2018 turns into a nightmare.
The digital currency loses 54% this year and is already changed to 6,237 greenbacks. The decline is even greater if one starts from the benchmark of its historical records, recorded just seven months ago at 18 674 $ US and bringing the correction to 63%.
The theft of bitcoin wallets by hackers, as well as the efforts of the various authorities to put an end to the regulatory void in which cryptocurrency is evolving, were the source of the loss of value of the # 39; s active.
To this adds enormous uncertainty about the ability that could end up becoming a means of payment in the future. Without a floor in sight, the bitcoin does not seem to find any solid ground to hang on.
Whenever you try to lift your head, chaining some positive sessions, investors come back selling crypto-currencies and their quote to collapse. Nevertheless, the enormous volatility of value, which would make it the most volatile currency in emerging markets, could create serious opportunities for riskier investors.
In the middle of the downward spiral in which he finds himself, the king of cryptocurrencies has chained periods of strong revaluations .The most important is February, a month in which in 11 sessions it has been revalued by 64%, to increase to $ 11,750. Investors, however, have a high probability of losing a significant portion of their money and experts recommend that only excess cash is destined for this position. "It's more a gamble.
How to play the lottery," say financial sources. The NCVM, in any case, considers that cryptocurrencies are not products suitable for retail investors.
The rest of the cryptocurrencies followed the same path, heavily influenced by the downtrend of bitcoin.So, according to Bloomberg's records, the Ethereum is left at 53% of annual highs achieved in February, while the Ripple lost 61% and the Litecoin fell 68%.
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