New to Trading - page 3. | Bitcointalksearch.org

alan2here

hero member

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WorkAsPro

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?

Crypto's price-boosting factors are capitalization of the market, good and bad news about Crypto. These are the main factors that cause the price of the altcoins to change.
The Crypto market is not different from the stock market, so you can find out in books about the stock market. It will give you quite a lot of investment experience.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Lhaine on June 07, 2018, 11:31:09 AM

asking for advice on those expert in trading is a great help for trading beginners, it really help a lot and also doing a research by your own was can give you the best idea about trading, just always remember don't put all your money in one coin.

Asking for advice you will get brainwashed by shitcoin promoters on the internet. Nobody wants to give advice for nothing. Either they will try to draw you into investing in their shitcoin or try to scam you in some other fashion which you might be aware of. Then again there are people who are giving advice genuinely but they are rare.

Quote from: maloibtc on June 07, 2018, 12:03:35 PM

I think that trading is the best way to earn money without taking a lot of efforts.

Wrong. Any method to make money needs efforts and is never "easy"

Quote

I think that trading is worth it if you know the basic laws of trading like selling when the price is high and vice versa buy when it is cheap

Correct but knowing when the bull run or bear run is happening and catching the wave in the proper time is also essential.

AuspiciousInvestor

newbie

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Read "Technical Analysis of the Financial Markets" for a good intro into TA, you'll need it for trading.

Victorycoin

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Quote from: maloibtc on June 07, 2018, 12:03:35 PM

I think that trading is the best way to earn money without taking a lot of efforts. I think that trading is worth it if you know the basic laws of trading like selling when the price is high and vice versa buy when it is cheap

Almost all traders can recite that, but in reality, how many traders are well able to put them to work while trading! It helps to realize that getting to become an effective trader comes with time and lots of practice. All said, a trader should endeavor to have their ears on the ground to be abreast with latest developments in the markets and save themselves rumors that breeds FUD.

Yawuu

newbie

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Cryptocurrency markets all work on the principle of demand and supply. Prices of cryptocurrencies increase as the demand increase and it drops down when the supply increases. It is this principle that leads to the rises and falls in crypto prices because as the demand for a coin increases, the price shoots up and as more holders go to sell, the supply increases and the price drops.

Triffin

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Quote from: TheUltraElite on June 07, 2018, 09:32:27 AM

Quote from: torontoconti on June 06, 2018, 02:22:56 PM

the factor that affects the price of the coin is if the demand for coins and the total supply of slightly automatic coins the price will be high, let alone the coin has a good network advantages

Seriously stop shitposting about topics you dont understand or topics where you can only blabber shit at. Its true that the price depends on market demand and supply but the for coins like bitcoin the total supply is limited. Currently as soon as the 21mil coins are mined they will be no further supply and then only the demand remains. In this situation price of bitcoin will go on rising as more and more people start to buy it.

Network advantages of almost all coins is the same if you talk about bitcoin litecoin and ethereum - any other coin trying to muscle in with the idea of "superfast transactions" is going to be a hoax.

There are many new traders and new comers in the market, some of them are not well aware of the market while some are well aware of the market of Bitcoin. If you are entering in order to get huge profit or just profit then you must be a person with the knowledge of Bitcoin’s market. On the other hand those investors or traders which are new if have not enough knowledge then they can safely exit and should educate their selves first.

whaawh

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Quote from: Sakash on June 07, 2018, 02:07:03 PM

If you are new to trading Then there should be ideas about different currencies. At the same time, you will have to keep an eye on the prices of the coins in the market. By doing this, you can learn good trade and gain profits.

It seems to me that it will be very difficult for a beginner to keep a large portfolio. Initially, you only need to focus on a few coins, which you can control and timely respond in a qualitative way to different situations.

Sakash

newbie

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If you are new to trading Then there should be ideas about different currencies. At the same time, you will have to keep an eye on the prices of the coins in the market. By doing this, you can learn good trade and gain profits.

AjithBtc

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Vave.com - Crypto Casino

Quote from: maloibtc on June 07, 2018, 12:03:35 PM

I think that trading is the best way to earn money without taking a lot of efforts. I think that trading is worth it if you know the basic laws of trading like selling when the price is high and vice versa buy when it is cheap

That's wrong, the market grows and falls in an unpredictable manner. If the market falls once after you buy for a trading need surely you cannot get back the profit. You need to hold it, or need to look for some other plans. Trading is a way to earn, but not the way to earn without efforts.

developer101dev

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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?

Scarcity will be one of the problems that will dominate in the future after the end of wave of bitcoins, there is a huge chance that bitcoins price might grow even more and that is the reason why we should keep on holding our coins today.

maloibtc

member

Activity: 322

Merit: 10

I think that trading is the best way to earn money without taking a lot of efforts. I think that trading is worth it if you know the basic laws of trading like selling when the price is high and vice versa buy when it is cheap

Lhaine

full member

Activity: 742

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Coinbene.com - Experience Fast Crypto Trading

Quote from: Putunembah on June 07, 2018, 10:53:27 AM

Quote from: s31joemhar on May 31, 2018, 01:10:42 PM

If you are a new in trading business, the best you can do is ask for help and advice from the professional in this business to gain knowledge and to know
what the first thing you will do in this business and also seek to reliable source of information that related to this.

that's what new traders have to do, so for example we just entered the crypto trade we have to do is ask for advice and knowledge on our professional friends in trade, and we certainly have to do the research ourselves and have to learn to analyze the coins in the market well, and you can find out which coin you will buy and will give you many benefits.

asking for advice on those expert in trading is a great help for trading beginners, it really help a lot and also doing a research by your own was can give you the best idea about trading, just always remember don't put all your money in one coin.

Putunembah

jr. member

Activity: 326

Merit: 1

Quote from: s31joemhar on May 31, 2018, 01:10:42 PM

If you are a new in trading business, the best you can do is ask for help and advice from the professional in this business to gain knowledge and to know
what the first thing you will do in this business and also seek to reliable source of information that related to this.

that's what new traders have to do, so for example we just entered the crypto trade we have to do is ask for advice and knowledge on our professional friends in trade, and we certainly have to do the research ourselves and have to learn to analyze the coins in the market well, and you can find out which coin you will buy and will give you many benefits.

kakonhat

member

Activity: 1106

Merit: 11

Crypto in my Blood

All the system work depending on supply and demand but I think Cryptocurrency work depending on the project system. Any new or old token value depends on how will use it. If any token going to less user using then it can't get good value.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: torontoconti on June 06, 2018, 02:22:56 PM

the factor that affects the price of the coin is if the demand for coins and the total supply of slightly automatic coins the price will be high, let alone the coin has a good network advantages

Seriously stop shitposting about topics you dont understand or topics where you can only blabber shit at. Its true that the price depends on market demand and supply but the for coins like bitcoin the total supply is limited. Currently as soon as the 21mil coins are mined they will be no further supply and then only the demand remains. In this situation price of bitcoin will go on rising as more and more people start to buy it.

Network advantages of almost all coins is the same if you talk about bitcoin litecoin and ethereum - any other coin trying to muscle in with the idea of "superfast transactions" is going to be a hoax.

torontoconti

member

Activity: 112

Merit: 10

the factor that affects the price of the coin is if the demand for coins and the total supply of slightly automatic coins the price will be high, let alone the coin has a good network advantages

@Uranty3

newbie

Activity: 104

Merit: 0

I, for myself, identified several factors:
1 initial cost of a coin for ICO
2 current bitcoin price
3 total number of coins on the market
4 the usefulness of the coin and, as a consequence, the demand for it

Dudeperfect

hero member

Activity: 1190

Merit: 534

I believe that the basic value comes out of the trust built with the user base growth. However, the price keeps fluctuating because we don't yet have the mass maturity as of now this even some news from any corner of the world can affect the Bitcoin market. The realisation of benefits and security of cryptocurrencies is getting momentum since last year which is driving the demand and indirectly the price. On the other hand, market volatility always attracts speculators resulting in a boost to the existing volatility.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

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?

I would say all. And include the market based FUD into the list as well. What drives the people to invest into coins in the price rise and the green wave when whales invest. Then when they dump the beggars buy it hoping that it will go up again.

Quote from: usama98 on May 07, 2018, 10:08:40 AM

In the top ten list of coins all the game depends upon the demand, More the people want! Then price will also touch the peaks, it's all about usage. But the cheap altcoins are totally unpredictable. Their values change in minutes.

The market metrics from coinmarketcap or any are not accurate and there are a lot of illicit trades going on off-the-record. Something like the black money concept. Then again these coins are finally going to be dumped in exchanges and then we might seen the missing volume come into circulation.

s31joemhar

sr. member

Activity: 602

Merit: 258

If you are a new in trading business, the best you can do is ask for help and advice from the professional in this business to gain knowledge and to know
what the first thing you will do in this business and also seek to reliable source of information that related to this.

Topic: New to Trading - page 3. (Read 1079 times)