FACTORS THAT AFFECTS THE PRICE OF AN ALTCOIN?

Periodik

sr. member

Activity: 1022

Merit: 256

Quote from: pureheart on July 20, 2018, 01:12:26 AM

Hi everyone, since I'm still a newbie, and I didn't even tried trading,
I'm just wondering what factors affecrs th price of the token.
And also why some exchanges have higher selling price and others have lower selling price. Can you share your thoughts?

There are so many factors that could affect the price of a certain token. But the foremost factors are its product development, its usability, the economy behind the token, and so on. The demand of the token will be pushed much higher if its usability is solid and clear. Huge investors, institutional investors, would always look at the project more than the token. They do not just buy the token for the sake of investing in it. They buy the token because they see how promising the project or their product is, and they want to be a part of their success.

Selling prices are basically set by the traders themselves who made the sell order.

magnat7691

member

Activity: 350

Merit: 10

The price of any asset is determined by the presence of supply and demand. If demand is higher and supply is lower, then the price rises and vice versa.

coinporch

sr. member

Activity: 1036

Merit: 252

Dolphins Finance TRUSTED FINANCE

Quote from: pureheart on July 20, 2018, 01:12:26 AM

Hi everyone, since I'm still a newbie, and I didn't even tried trading,
I'm just wondering what factors affecrs th price of the token.
And also why some exchanges have higher selling price and others have lower selling price. Can you share your thoughts?

the law of supply and demands is the main factors thats effects the price of altcoins my friend
usually a good news with an altcoins will bring new demands on the project my friend,, and thats will make the price up

MrPao

member

Activity: 280

Merit: 10

Fast, Smart, Trustworthy

The price of the token can be affected in many ways. You should know that the price of all crypto is determined by purchasing power, which means that crypto has a lot of price control.

kuverty

sr. member

Activity: 770

Merit: 250

All altcoins follows bitcoin, many will go below their value just because of the general direction of the market. These are the best markets to make money on as the value and price are more often not aligned.

rabinot

jr. member

Activity: 154

Merit: 1

the main factor is the demand for bitcoin. if it is big then naturally bitcoin is growing in price and vice versa

edmundo

copper member

Activity: 518

Merit: 2

One common factor that affects prices of cryptocurrencies generally is News. In this industry, it is common to find major project announcements affecting the prices of the project tokens either negatively (down) or negatively (down). Announcements such as release of a product, listing on a new exchange or general crypto announcement could trigger prices leading to pumps or dumps whichever the case may be. Another factor affecting prices is panic amongst holders leading to dumping and crash in prices.

syypro

member

Activity: 368

Merit: 10

There are many factors that increase the price of Alcoins. I will tell you about several of them. 1. The design token for a good Binance exchange for example. As a rule, the price immediately goes up. 2. The project team has completed a key roadmap roll. Now we can see the example of Waves, who have been working on the release of the update for months. 3. The price is surprisingly upward and further manipulated in order to extract profit.

fullcointalk

sr. member

Activity: 462

Merit: 250

the general name of all factors affecting the price of a coin of any project can be described as FAITH. Either in growth or in decline.This is the main thing that drives the price

wanted sliter

member

Activity: 398

Merit: 10

Quote from: pureheart on July 20, 2018, 01:12:26 AM

Hi everyone, since I'm still a newbie, and I didn't even tried trading,
I'm just wondering what factors affecrs th price of the token.
And also why some exchanges have higher selling price and others have lower selling price. Can you share your thoughts?

alot of factors can effect the altcoins price.
but mostly is the bitcoin price.
and most of altcoins have the same pattern when market change.

AristoteI

member

Activity: 574

Merit: 12

The exchange price of tokens is usually influenced by many parameters, first of all it is the situation on the market - whether the market is bullish or bears control it, then - the presence of positive news from the project and the activity of its team members play an important role.

bit-freedom

sr. member

Activity: 658

Merit: 256

Basically it is the demand and supply that drive the coin price. And the expectation of the coin performance affect investors’ decision to buy or sell the coin. That goes to say if the coin is having lots of good news, usually the price will go up.

crzybilly

sr. member

Activity: 703

Merit: 250

There are so much different parameters that affect the token price. The major updates like product release or not following the dates that were written on the roadmap, lack of health community, bad management and so on.

Accts4u2

member

Activity: 350

Merit: 11

You have to look at demand and supply for you to know why the coins are moving the way they are moving right now, the more the demand the higher that the coins are going to be and if there is more supply than demand then the coins are going to be less. The balance between the demand and the supply are what are determining the price of the coin

Alisha FR

full member

Activity: 868

Merit: 106

which affects the price of tokens in Cryptocurrency is market movements, namely the value of demand and supply. the more requests, the higher the bid, then the price of the altcoin token will increase, and vice versa, the fewer requests or offers, the lower the price of the token. the emergence of price differences between one market and other markets, in my opinion, caused by visitors in the market, if the traders of a market are many possibilities the price of a token will increase.

yanesna3

full member

Activity: 504

Merit: 100

Quote from: Ayomiqueen on December 16, 2018, 12:43:45 PM

Demand and supply are one factor that affect price of any coin in the market and and btc value do affect the price too , so the chart does tell about the situation in the market with the price reaction which give how people react to the market it buying or selling which tells about the price.

I think that the reasons why price is falling are very different and not always they are rational and can be understood. In my mind it is better to try to orient yourself on minimizing of possible consequences than on trying to predict them.

Invigorated

jr. member

Activity: 266

Merit: 2

In this market, several factors could directly or indirectly affect the price of coins. The major factor is speculative news from the crypto sectors. A negative news could instantly affect an altcoin causing rapid price drops. Also, a massive dump of a token by a holder on an exchange could lead to a fast reaction by other holders triggering price drops. Emotions could also have an effect in price fluctuations. This could come from panic selling from holders due to frustrations, once this happens, it builds up and leads to massive token sales resulting in price drops. This industry is highly on predictable and it is always wise to invest sensibly.

Ayomiqueen

copper member

Activity: 168

Merit: 0

Demand and supply are one factor that affect price of any coin in the market and and btc value do affect the price too , so the chart does tell about the situation in the market with the price reaction which give how people react to the market it buying or selling which tells about the price.

Genemind

sr. member

Activity: 1596

Merit: 335

Quote from: pureheart on July 20, 2018, 01:12:26 AM

Hi everyone, since I'm still a newbie, and I didn't even tried trading,
I'm just wondering what factors affecrs th price of the token.
And also why some exchanges have higher selling price and others have lower selling price. Can you share your thoughts?

There are a lot of factors affecting the altcoin price. Some altcoins are pumped and dumped that is why their volume sometimes either drops or increase. Bitcoin and ethereum price also drives the prices since it is one of the major currency used in trading altcoins, so the price still depends on ethereum and bitcoin. Development and marketing by the team also drives the demand of altcoin.

iyah adrian

member

Activity: 574

Merit: 10

Quote from: WilferGear on July 23, 2018, 12:27:03 PM

Price manipulation is a common game in this world. You will see random price hike out of nowhere and then sudden fall. Better not to go for unknown but high price tokens.

This actually happens often, Manupulation of unexpected prices that make the altcoin factor the price falls or rises. This is the real crypto, People who have large funds can manage or manipulate the price of coins. So we don't need to be surprised if something like this happens.

Topic: FACTORS THAT AFFECTS THE PRICE OF AN ALTCOIN? (Read 1559 times)