Can you determine the price of the coin you are holding? - page 5.

Desscount

full member

Activity: 1386

Merit: 101

ComboLabs

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.

not all investors do that as you say, but if for new investors that lack experience and knowledge it will happen. so, before you invest you must have a plan and try analyzing the ico or altcoin. because this is related to knowledge and experience, I think you don't understand this.

Tigra3458

jr. member

Activity: 134

Merit: 1

unfortunately this is difficult to fix. I have, too, case panic, I still not steel. everything happens because of fear of losing though, and itoe you remain. although I also understand how this mechanism works, and many market situations are manipulations.

juchin

member

Activity: 290

Merit: 10

Join @Bountycloud for the best bounties!

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.

There has a general mentality of almost investors is this: buy when high price and sell when low price. It also contributes to make the downtrend last longer

KuromaYoichi

sr. member

Activity: 756

Merit: 251

Sovryn - 300-500% APY on USDT Deposit

I agree that it depends on the demand and supply of the coin but usually i also compare it to a similiar project, i look at the competitor marketcap, the coin supply, and the progress of the project so i can roughly determine the price of the coin that i have, it has a lot of flaw but i think it's good enough to evaluate a project.

chaddive

newbie

Activity: 52

Merit: 0

Many times Bitcoin investors are afraid to low price and sell Bitcoin. But this is the most important time. If you hold the bitcoin at that time then there is a lot of profit in the next. So we have to hold our coin for right time.

rocketbits

full member

Activity: 532

Merit: 101

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 can’t really determine the price of any coin you are holding, but some people can move the price to any direction they want; whether up or down, and that’s what we call pump and dump but I am not in support of such things cause it’s a way whales usually use to steal from the community and it is very bad, I will also not encourage anyone to do the same. Let just do this the normal and invest when we want without the intentions of pumping and dumping.

Appiah95

jr. member

Activity: 46

Merit: 1

I find it hard to believe people saying they dumped their coin because they think the coin is not having any potentials. My question is, if you think a coin is not having any better thing to offer, why then did you invest in it in the first place ?

bitcoinpeople1

jr. member

Activity: 96

Merit: 1

Basically, that might depend on a few things, but most importantly the project type. A project and its prospects may determine how far and how well a coin might do in the market. There are also some analysis that could be done that could help to determine whether or not the project would be a success. Also how well the public accepts and invest in the coin.

Dreamchaser21

full member

Activity: 686

Merit: 108

Quote from: Yalovtsev on August 16, 2018, 12:31:36 PM

And how do you determine the value of the coin,and how much it can cost?only analyze it and realizing that they produce,and what you can do in the near future,when I buy coins looking their potential,what they may lead and what may be their growth spurt

The project itself can determine its future price, but I think whether you offer a good technology you will still experience a dump price because bounty hunters usually sold their token at any price and sometimes it result negative in the market and the investors started to panic and sold their token. This is the reality but we much be confident about the project we support for, don’t sold it try to hold for at least 1year because that project is still in the early stage.

Appiah95

jr. member

Activity: 46

Merit: 1

I think the dump and pump are just strategies by some big investors to earn profit from the less privileged ones

lamfod

newbie

Activity: 48

Merit: 0

it is difficult to predict what will be the future price of the coin. and keeping coins while the market is falling is not the way out.

Christinebeauty

copper member

Activity: 420

Merit: 2

Quote from: lamfod on August 16, 2018, 06:29:18 PM

it is difficult to predict what will be the future price of the coin. and keeping coins while the market is falling is not the way out.

Selling at the when the market is falling too is not the best. Especially when generally not good for every coin. If you truly believe in your coins, its advisable you hold because further dump from you will cause them to lose its price more

crenfrosck

member

Activity: 470

Merit: 12

Unfortunately, emotions play a big role in this space full of people that had no experience with investing before. Sometimes it is just better to HODL than selling and regretting this decision later. People are selling all the way from 20k. I got it, it was not sustainable at all, but it would be nice if they stop, right Grin

? It is funny like a 1k growth can absolutely change the mindset of people from depression to extasy. They should stay calm and realize that even Rome was not built in a day and they should treat their cryptocurrencies as a long-term investment, not like a hot potato, or the recovery will take much more time. Less is more sometimes Wink

.

Oniko

member

Activity: 322

Merit: 11

The prices of coins are determined by the market. In many ways, the price is affected by the project itself, which is behind this coin.

Now the market is in decline, but I think many coins will start to grow and very soon

mmacool

jr. member

Activity: 308

Merit: 1

It depends on the person. We do not how cannot affect this. Since people simply merge their coins for a pittance. And people do not understand that they themselves reduce the price. This will cease when all will coin their coins.

trecore4

sr. member

Activity: 658

Merit: 260

CryptoTalk.Org - Get Paid for every Post!

Demand and supply, yeah thats the equation.

However recently things have gone under lot of changes and fundamentals are also very much important these days. These factors are the one who doesnt care about the demand and supply and still manipulate the prices heavily. With just single bad news in the world, it can move the 40 billion dollars from the bitcoin's market cap and thus you can imagine bad it could be for normal altcoins too. Cheesy

I guess it depends on versatile things and there is no way to predict the prices unless and until you know whats going to be its progress and reaction of the market towards it.

Nagibator007

newbie

Activity: 238

Merit: 0

Of course, otherwise why would I buy it))) and so you all need to understand that you can expect that the price will be such,and she will take it and in fact will be quite different, you bought it thought up, big guys watered and send everything to the bottom, like so

demenBTC

sr. member

Activity: 742

Merit: 251

PRIVATE FEDERATED BLOCKCHAIN

Quote from: betty12 on August 16, 2018, 12:27:44 PM

I agree to holding to prevent free fall of the token price. But the fear is always that: am about to loss my investment, and people will just panic sell. One thing is sure: If the project is a good one, it will still come back stronger and dumpers will later regret.

if everyone is able to hold, it can be ascertained that the token value will increase, but everyone has their own standpoint so that it is difficult to happen

we need a large group of communities to increase the price of tokens

Muhammad Muneeb

full member

Activity: 644

Merit: 101

📱 CARTESI 📱 INFRASTRUCTURE FOR DAP

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.

only heavy investors with large quantity of btc do not care about the price and they possess more coin supply than the small investors so to multiply the their btc they dump their bags and move on.

Yalovtsev

full member

Activity: 644

Merit: 100

And how do you determine the value of the coin,and how much it can cost?only analyze it and realizing that they produce,and what you can do in the near future,when I buy coins looking their potential,what they may lead and what may be their growth spurt

Topic: Can you determine the price of the coin you are holding? - page 5. (Read 833 times)