Can you determine the price of the coin you are holding?

jhache

full member

Activity: 518

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Quote from: Dacosta Osei-Tutu on August 16, 2018, 11:30:44 AM

The price of cryptocurrencies basically follows the rules of demand and supply. As the coin becomes scares it becomes more valuable and hence the price increases. One common mistake most investors do is that, once they see the price of a coin is going down, they hastily dump what they also holding which increases the supply more than the demand and further reduces the value of that particular coin. Later we try to put the blame on the team that they are not managing the project well. Let's help sustain our coins by avoiding panic selling. Its a collaborative effort.

I see this happen a lot, you see creators call for support for their coin and they barely get any but when the coin fails you see everyone blaming the creators like they do not know that for a coin to do well then it needs a great deal of support and demand. When there is not enough support for a coin then there is nothing that is going to stop it from failing

hdtqisg

sr. member

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I often use the purchase price on large trading floors to determine the value of altcoin!
In general, altcoin has a large fluctuation, the value varies by the hour!

Cenil

jr. member

Activity: 280

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and there is one thing that must be considered from the case that you are telling me is not to make decisions too quickly, before making a decision it is best to think first whether the decision is risky or not in the future, such as when the coin price is decreasing, not too fast conclude that the coin will die, you should first research the coin if you don't have a prospect anymore then you can sell all the coins rather than holding it, which in turn will lose even more. but basically it is very difficult to determine what will happen on a coin because anything in the crypto world can happen.

snakey

legendary

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You can determine the futuristic price of any commodity. I determine the value of coin by the tech involved in it and the team behind it. It is always dangerous to hold coins no matter if it is altcoin or bitcoin.

darmin

member

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Merit: 10

I think too much panic. their direct selling because of the fear of loss. Maybe when able to be patient then it will at least make the price does not go down continuously. It does not just supply and demand only what to look for and determine the price of the market. many other aspects that must be considered to determine the value of the coin.

Considered

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Quote from: Dacosta Osei-Tutu on August 16, 2018, 11:30:44 AM

The price of cryptocurrencies basically follows the rules of demand and supply. As the coin becomes scares it becomes more valuable and hence the price increases. One common mistake most investors do is that, once they see the price of a coin is going down, they hastily dump what they also holding which increases the supply more than the demand and further reduces the value of that particular coin. Later we try to put the blame on the team that they are not managing the project well. Let's help sustain our coins by avoiding panic selling. Its a collaborative effort.

You are right, way too many people are panic selling their coins always thinking that the coins are not going to get better which is not a good way to go about helping the coin that you are invested in. When you panic sell you are only hurting the price of the coin, demand and supply balance is what determines the price and it is why the entire market is so low right now

kier010

full member

Activity: 532

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but this is what traders do they buy and sell. they sell if price start to go down and buy when it start to go up. people panic because they can't afford to lose their investment.

dentolas

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arcs-chain.com

I think the problem is people are not serious about their investments... most are just after the quick profit like children after a lolliepop, and simply don't care about the long term project. These guys think only about the money, and this is just one of the components of an investment... so they end up damaging their own investment instead of working together to support their project and make their investment grow...
Everything is evolving... people must o so too

keepandhold

jr. member

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Quote from: Dacosta Osei-Tutu on August 16, 2018, 11:30:44 AM

The price of cryptocurrencies basically follows the rules of demand and supply. As the coin becomes scares it becomes more valuable and hence the price increases. One common mistake most investors do is that, once they see the price of a coin is going down, they hastily dump what they also holding which increases the supply more than the demand and further reduces the value of that particular coin. Later we try to put the blame on the team that they are not managing the project well. Let's help sustain our coins by avoiding panic selling. Its a collaborative effort.

Perhaps this is due to the fact that beginners reduce the cost of a coin below the stop loss, so automatic sell orders are created, and then panic sale begins.

Hammonds

sr. member

Activity: 532

Merit: 250

I think that is because investors also have the right to do so because with their money they are also free to sell and buy coins.
Investors also do not want to lose because of a small mistake and it is better to take profits and that is a safe point.

Artron1

newbie

Activity: 168

Merit: 0

When I first invested in the market I bought Ethereum. The coin I have kept for a long time and the prices have fallen rather than vice versa. There is nothing left to do but wait for the market to return to its old days until the end of the year. Do not sell tokens in your hand and wait.

dulce dd121990

full member

Activity: 294

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It depends on the coin. We can determine the price of our coin only if this coin was already listed on the market exchanges. But as long as the coin was not yet listed, we will never know its value since it has no price yet.

happy weblancer

full member

Activity: 518

Merit: 114

Holders of coins can’t work together with the project team, as they are on different banks of the river. Investors are interested in their own enrichment, and the team - in the implementation of the project and its enrichment. Their interests intersect, but not so tightly to work together and be obsessed with one goal.

CrazeCoinz

member

Activity: 364

Merit: 10

Quote from: Dacosta Osei-Tutu on August 16, 2018, 11:30:44 AM

The price of cryptocurrencies basically follows the rules of demand and supply. As the coin becomes scares it becomes more valuable and hence the price increases. One common mistake most investors do is that, once they see the price of a coin is going down, they hastily dump what they also holding which increases the supply more than the demand and further reduces the value of that particular coin. Later we try to put the blame on the team that they are not managing the project well. Let's help sustain our coins by avoiding panic selling. Its a collaborative effort.

We just need to hold while the market is not bullish to give us profits. Only those have patience will survive in this technology and we know that this will bounce back but I think this will take enough time to recovers. Be patient and don't panic as the bull run will come at the right time. It's difficult to do but we must control our emotions and think for the future.

CAPTEZECC

newbie

Activity: 210

Merit: 0

Yes you can determine the price of the coin you are holding because if you have the right information about a coin you are holding, you can not be moved whenever there is a drop in price because you already know that the coin is valuable.

Dodoymabs

full member

Activity: 602

Merit: 100

Quote from: platinov_and on August 28, 2018, 02:30:12 PM

Many people in the crypto market are using bad trading strategies, and sometimes they suffer from coins and people. I think we need to be patient, not to make hasty decisions, and then we will be successful traders.

It is because cryptocurrencies are hard to determine it's fluctuation due to its decentralized system. Crypto space is full of unexpected events which makes it more interesting especially when it comes to value of the specific coins.

tttuida

jr. member

Activity: 107

Merit: 1

We can't determine exact price for the future but we can create a trend and find the interval to have an opportunity for reliable result like profitability.

kidsrock

newbie

Activity: 280

Merit: 0

I don't think I can determine how much the price will increase and I think that there are no other people can do this too. it is difficult to determine the price because there are many people who get involved in the market and they can push up and down the price itself. but we can predict the price although sometimes our prediction cannot be true, at least, we can decide in how much price we want to buy or sell the coin.

aldorexxx

jr. member

Activity: 152

Merit: 1

Determination of price is very hard to do because ther a a lot of events that can influence price for the short time too and such determination will be wrong, it is possible just to predict it.

cryptosmith03

newbie

Activity: 322

Merit: 0

I agree with you, if Bitcoin investors sells Bitcoin to fear with low price then investors will lose and others will buy it and will be hit. So we have to be conscious and wait for the time.

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