New to Trading | Bitcointalksearch.org

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: bastian466 on August 06, 2018, 11:31:26 AM

demand can also determine the value of cryptocurrency, it can be seen from the number of requests that can make prices soar high can also make a decline

Demand and supply are what determine the market metrics. As long as there is a demand on the market for a certain crypto the deflation will continue and its price will continue increasing. On the other hand money like USD and other fiat are being minted everyday without any capping and thus price of USD drops against bitcoin.

While the inherent demand fro crypto comes from the limited supply, there are a lot of things happening outside the market where people buy/sell using crypto and they dont really get analysed by coinmarketcap and others.

coinscircle

member

Activity: 202

Merit: 10

Quote from: ruinous on March 17, 2018, 02:57:55 AM

What are the driving factors for crytpocurrency valuation?

Scarcity? Utility? Use? Demand? Network? or am I off base already?

You can see that these days the market is showing signs of a strong recovery of altcoin, so I think this moment is great for you to trade altcoin,. The market is fluctuating continuously, although altcoin prices increase but market capitalization does not increase so I think that at this point you should only deal day and should not invest long term.

Ekenegbu123

newbie

Activity: 154

Merit: 0

Just like in the normal world, what drives a price either up or down is demand of a commodity. The project team deternines how valuable their coin is worth. The create value and demand for their coins. The developers are the ones that would do this by announcing partnerships, mainnet news , etc

Rosa Paula

full member

Activity: 336

Merit: 100

Without a doubt, crypto earth incorporates a likely to build your dollars as a result of your good tactics. Would you beneficial just one, previous to affecting with dealing mastered what in addition to subscribe to many communities who definitely are respectable with regard to info on this market process.

varun1022

newbie

Activity: 27

Merit: 2

I would say it all depends on the project situation and how much development you made, its definitely gonna help them in the market.

bastian466

sr. member

Activity: 1372

Merit: 251

PredX - AI-Powered Prediction Market

demand can also determine the value of cryptocurrency, it can be seen from the number of requests that can make prices soar high can also make a decline

tothanhtuan

full member

Activity: 448

Merit: 100

Higher timeframes are in general better indicators of where the market is going. It depends what your strategy is. If you go for many small scalps then you can use the shorter time frames, but if you are going for a bigger swing then use 1h, 4h and daily..

Gragal

jr. member

Activity: 126

Merit: 1

if anyone will argue we must tell what the trading market really is and also must be guided so that everyone is interested in working in the trade market.

maninas

jr. member

Activity: 126

Merit: 2

I think assessing the cryptoeccurency of its functionality, because the more useful the coin, the demand for coin will always appear, no matter how much the amount and distribution as long as the coin is still useful, it will definitely increase its demand which will make it easier to grow.
for the network to make it easier to use and make it more comfortable

nl247

full member

Activity: 518

Merit: 145

Quote from: coffigayo on August 06, 2018, 06:09:52 AM

At this time, all the prices of cryptocurrency coins are very low. because of this result, many cryptocurrency holders are more profitable. Prices are always influenced exclusively by requests and offers. But that is what influences demand, this is what no one knows.

Low prices are actually more like a reason for demand to kick in. I am sure I do not need to really start giving better instances than what is going on in the market currently. Like you mentioned, the market and most especially the altcoin market has been beaten badly and most of them presently has hit their historical bottom with a bounce and some already coming up with good volume.
It is a market, people and most especially traders and knowledgeable investors will be looking for the best opportunity to get in and out of the market at any point in time which is what makes it advantageous, but at the same time requires some pretty huge knowledge, otherwise it would be the other way round.

anume123

full member

Activity: 700

Merit: 100

Proof-of-Stake Blockchain Network

There is no trade barrier and the current trend of today's markets especially in the prices of altcoins and tokens today is that I'm just repeating the past that's happening in the past year.

coffigayo

member

Activity: 322

Merit: 12

At this time, all the prices of cryptocurrency coins are very low. because of this result, many cryptocurrency holders are more profitable. Prices are always influenced exclusively by requests and offers. But that is what influences demand, this is what no one knows.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: renggileh on August 01, 2018, 11:11:57 AM

I think the most influential on the rise in bitcoin prices is the increasing number of bitcoin enthusiasts.
the more demand, the market will grow.

The demand is always there but we also need people who are willing not to sell at low prices just because they are going on a red market. People how bought at higher prices are looking to take the easy way out and sell even at loss because some bamboozled shill told them that bitcoin is going to be a ponzi or bitcoin miners are going to control the price.

Its easy to spread FUD like this and people even fall for them. Its better the educated lot in the market than such illiterate people who panic sell.

Lhaine

full member

Activity: 742

Merit: 128

Coinbene.com - Experience Fast Crypto Trading

Quote from: renggileh on August 01, 2018, 11:11:57 AM

I think the most influential on the rise in bitcoin prices is the increasing number of bitcoin enthusiasts.
the more demand, the market will grow.

The demand of people who invest in bitcoin is very important because the price of bitcoin will depends on the people who invest their money on it that is why the price can affect if other country ban bitcoin because the people on that country are not allowed to invest their money.

renggileh

newbie

Activity: 280

Merit: 0

I think the most influential on the rise in bitcoin prices is the increasing number of bitcoin enthusiasts.
the more demand, the market will grow.

Kadot amoh

jr. member

Activity: 105

Merit: 1

right now I do not have a New Plan for Trade, my plan is still as old as ever, buy coins at a cheap price and we have to sell at a high price, I still choose bitcoin coin for trade.

Obama07

member

Activity: 228

Merit: 10

Hello newcomer! Most welcome. If your new in trading then need to know that it is so hard to make a profit if you are a crazy person or can’t control emotion. Experience is the main key here. Basic rules, risk management, and proper preparation can help you to be a good trader. Practice for control your emotion and know top to bottom about trading. This can help you for success.

wayancrypto

member

Activity: 462

Merit: 11

The price of the crypto depending on the supply and demand, the same thing like others asset like gold or stock. And the demand will increase if that crypto give many benefits to the community. Others thing that make the demand increase is regulation and good rumor or news on the crypto market.

mejalipat

full member

Activity: 364

Merit: 100

in my opinion, the value of the crypto currency is dependent or influenced by several factors and one of them depends on the demand and supply of bitcoin so that when the demand is high the bitcoin price will also be high

Winnerschapel

newbie

Activity: 196

Merit: 0

All the above you posted drives the value of cryptocurrency. All of them are pointing towards creating demand for the coin and when demand is created and attention is also created, the value goes higher in my own opinion

Topic: New to Trading (Read 1079 times)