Demands.
So if ever I will try to buy one crypto I will try to read every details in their telegram group including how people interact with them.
If they are really active and the project means a lot to them then you are seeing strong holders.
I have one with 12k members in it and I see different names that are all giving their shares about the project and updates.
Topic: New to Trading - page 10. (Read 1074 times)
What are the driving factors for crytpocurrency valuation?
Scarcity? Utility? Use? Demand? Network? or am I off base already?
I just learn Supply and Demand method to trade in this market. But it's my personal option, you can learn some methods and try one which compatible with you. And also read news daily. Good luck and happy trading Scarcity? Utility? Use? Demand? Network? or am I off base already?
What are the driving factors for crytpocurrency valuation?
Scarcity? Utility? Use? Demand? Network? or am I off base already?
Demand is the factor which decides the valuation of the cryotocurrency but the demand can be created for its various reasons like use,the technology and as an investment.But if you want to trade you need to get the appropriate knowledge for trading which is analytical amd decision making skills. Scarcity? Utility? Use? Demand? Network? or am I off base already?
What are the driving factors for crytpocurrency valuation?
Scarcity? Utility? Use? Demand? Network? or am I off base already?
Scarcity? Utility? Use? Demand? Network? or am I off base already?
as much as i like to say otherwise, the main thing driving the prices is greed. specially when it comes to altcoins. of course there is no denying it that in the long run only use cases of a cryptocurrency can keep the prices up, otherwise anything that has no bases will vanish just as fast. for example when an altcoin is just pumped with no real demand and only with hype, that higher price simply vanishes as the hype goes away and the dumping begins.
but for something like bitcoin, the usage of it and the real adoption that it has will always remain there. there is obviously hype and greed there too and they vanish but the underlying reality never changes. that is why bitcoin ALWAYS goes up in the long run.
Nowadays the main factor for trading is demand for the coin , now whenever any new news is posted by the coins developer the price easily shoots if you try to buy during that time you will surely end up losing lot of money as the hype will go so what you can do is look at different coins roadmap and most of them have an eta so you can purchase right before it
What are the driving factors for crytpocurrency valuation?
Scarcity? Utility? Use? Demand? Network? or am I off base already?
The cryptocurrency valuation is simple to understand because peoples are looking to high potential cryptocurrencies so demands are increasing automatically value also raise in the market this is main valuations. But you are looking to trading don't follow the same way you analyse the future possibilities of that coin then only you are getting some idea about the cryptocurrency. Scarcity? Utility? Use? Demand? Network? or am I off base already?
For small cap coins - this is speculation only in 90% of cases. Be prepare for 'miracles' on daily basis.
For Top 10 coins - it's out of our reach. I'm staying away from.
Well, the funny thing is that all these smaller coins result in more losses for people overall, than it results in profits. It's a simple matter of calculating your risk exposure, where high rewards always translate into high risks.For Top 10 coins - it's out of our reach. I'm staying away from.
If we look at the top tier cryptos in this market, then it's safe to say that they all have offered people solid returns based on their fiat value, while the rest of the shitcoins jump up and down like crazy.
Nothing even justifies putting your hard earned money into these coins. It's no longer considered investing or trading, but straight gambling. If anyone thinks they can thrive on luck alone, then it just shows how stupid people really are.
Top coins represent some sort of stability, solidity, adoption, etc. What do other coins represent? Just reckless gambling behavior.
What are the driving factors for crytpocurrency valuation?
Scarcity? Utility? Use? Demand? Network? or am I off base already?
Scarcity? Utility? Use? Demand? Network? or am I off base already?
All cryptocurrency price is base in supply and demands the more demands of this coins the higher the value of this and the more people selling there coins the more also lower there price.
With critical analysis, I believe that usage of a coin is very important and it links every other thing, from scarcity, to demand and supply. Lets look at this for instance, if the coin fulfils a very good niche and purpose, it simply means that the usage will be high which will have an effect on demand for it and that will course investors to see the coin as a source of investment. Hence, the popularity gives growing.
What are the driving factors for crytpocurrency valuation?
Scarcity? Utility? Use? Demand? Network? or am I off base already?
Scarcity? Utility? Use? Demand? Network? or am I off base already?
For small cap coins - this is speculation only in 90% of cases. Be prepare for 'miracles' on daily basis.
For Top 10 coins - it's out of our reach. I'm staying away from.
What are the driving factors for crytpocurrency valuation?
Scarcity? Utility? Use? Demand? Network? or am I off base already?
Scarcity? Utility? Use? Demand? Network? or am I off base already?
It still boils down to the basic economic law of supply and demand. Here, look at some threads regarding bitcoin price and supply and demand.
https://bitcointalksearch.org/topic/what-determines-the-bitcoin-price-2873466 - What determines the bitcoin price?
https://bitcointalksearch.org/topic/need-help-in-understanding-the-significance-of-market-cap-volume24hr-more-1972336 - Need Help In Understanding The Significance Of Market Cap & Volume(24hr) & More
https://bitcointalksearch.org/topic/inflation-and-deflation-of-price-and-money-supply-140793 - Inflation and Deflation of Price and Money Supply
https://bitcointalksearch.org/topic/elasticity-and-inelasticity-of-bitcoins-supply-and-demand-1207731 - Elasticity and inelasticity of bitcoin's supply and demand
https://bitcointalksearch.org/topic/how-did-the-bitcoin-price-determined-2517886 - How did the bitcoin price determined?
Some of them might be old thread, but they are still applicable specially today since we are in a roller coaster ride.
Many factors influence the price of cryptocurrency firstly, supply & demand if the cryptocurrency supply is too high but less demand the value of that coin will be low if the supply is limited but demand is high then price rises for example Bitcoin it has circulating supply of 16.9million but as you know everybody is demanding bitcoin so its price is on top of other currencies. Secondly, the usability of a product means the coin that is related to that project has some use in the real world & can practically solves the problem too, for example, Ethereum second high valued coin is very beneficial to developers to launch their coin, because it offers to solve a real-world problems for developers who are going to launch their Token in the market not need to deploy their own blockchain instead they can build on Ethereum platform aka ERC-20 Token. Finally, news in the market related to cryptocurrencies can also heavily influence the price of the coin whether it is against or in favour of cryptocurrencies.
What are the driving factors for crytpocurrency valuation?
Scarcity? Utility? Use? Demand? Network? or am I off base already?
All the above factors determined bitcoin pricing and valuation. Bitcoin always increase when it demand is high due to what people hard about it and many people and countries has seriously benefits from bitcoin volatility and fluctuations. I think bitcoin has done very well for all of us and we only need to keep buying and holding in other to move fund from fiat market to cryptocurrencies markets. Scarcity? Utility? Use? Demand? Network? or am I off base already?
What are the driving factors for crytpocurrency valuation?
Scarcity? Utility? Use? Demand? Network? or am I off base already?
Scarcity? Utility? Use? Demand? Network? or am I off base already?
All cryptocurrency price is base in supply and demands the more demands of this coins the higher the value of this and the more people selling there coins the more also lower there price.
What are the driving factors for crytpocurrency valuation?
Scarcity? Utility? Use? Demand? Network? or am I off base already?
Scarcity? Utility? Use? Demand? Network? or am I off base already?
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