New to Trading - page 4. | Bitcointalksearch.org

so98nn

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Quote from: ruinous on March 17, 2018, 03:57:55 AM

What are the driving factors for crytpocurrency valuation?

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

Most of the coin prices depend on simple rule of economics which is more the demand more the prices and vice-versa.Some times if the coin has utility matching to more investors then it automatically leads to demand boost which in turn pumps up the prices.So the main game revolves around demand and supply factor.

usama98

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Quote from: ruinous on March 17, 2018, 03:57:55 AM

What are the driving factors for crytpocurrency valuation?

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

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.

gilangIDR

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Quote from: Joriecoinbit on May 06, 2018, 08:15:41 AM

Quote from: mega on April 16, 2018, 06:32:03 AM

There is simple rule buy in low and sell in high,But to know the worthy coin and the factor which affect the market must educate yourself and read alot about the market.Keep eye on the news of cryptoworld and invest in different coins not at one place.

Yes, crypto world has a potential to grow our money through our great strategies. That's a good one, before involving in trading learned the things and join some groups who are legitimate in terms of information about the market system.

Information and knowledge are very important in getting started for trading. Without it then we will not be able to make the best decision. Trading requires a lot of data and it should be analyzed. I am sure when people can begin to learn and increase their knowledge then they are also ready to become successful people.

Sean25pogi

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If you are the new in trading and not familiar about everything in this business.
The best thing you can do is to conduct your own research to know the basic information and gain knowledge about this trading business.

C. Bergmann

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Quote from: ruinous on March 17, 2018, 03:57:55 AM

What are the driving factors for crytpocurrency valuation?

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

Well always learn the basic on how to use it , and then you can ask some pros to guide you more , and then again after that you will able to learn too the demand and supply of marketplace.

Just don't be lazy on learning , be motivated at anytime , trading will get you confused sometimes , but don't worry it's worth learning.

Joriecoinbit

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Quote from: mega on April 16, 2018, 06:32:03 AM

There is simple rule buy in low and sell in high,But to know the worthy coin and the factor which affect the market must educate yourself and read alot about the market.Keep eye on the news of cryptoworld and invest in different coins not at one place.

Yes, crypto world has a potential to grow our money through our great strategies. That's a good one, before involving in trading learned the things and join some groups who are legitimate in terms of information about the market system.

upsidedown75

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Quote from: felmitof on May 06, 2018, 06:13:24 AM

Greed and FOMO is the power of crypto market) Everybody here is waiting high prices in future that can make them rich) most of crypto have very poor real usage and future monetization imho now just speculation.

Trading is not a bad idea and it depends on each individual anyway as long as they have the courage to learn and the persistence to want to do it right. No trader started in a day, everyone just had to look for ways to learn and that is it. As long as you have the knowledge, you are not greedy, then, you will always be able to take advantage of the market.

Most times for beginners, it is always good to start the long term way, as that is usually a very good way to start. Buy the dips when you start seeing signs of accumulation and sell into FOMO without getting greedy.

felmitof

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Greed and FOMO is the power of crypto market) Everybody here is waiting high prices in future that can make them rich) most of crypto have very poor real usage and future monetization imho now just speculation.

Wahyud11

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if we are new in the world of tranding we must know the way in tranding clearly

Ashimwe

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Quote from: coinsocieties on March 17, 2018, 04:16:50 AM

Quote from: ruinous on March 17, 2018, 03:57:55 AM

What are the driving factors for crytpocurrency valuation?

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.

Adding on your point... this is very right and not only in Crypto currencies but demand and supply determine the price of a particular x in most of the markets

shams

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If you are new to trading I will recommend you to learn about trading first it not that easy how it looks it's very hard and it can give huge losses if someone starts without the knowledge.

doycku

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Quote from: vishudda on April 16, 2018, 07:11:57 AM

I am an altcoin trader since a few months now. I hold more than 10 different altcoins in my account.
There are certain factors which influence the price of any altcoins/cryptocurrency
The Major influencing factor is supply and demand of the coin, if the supply is low and the demand is high for the coin, the price of the coin raises and it will have its future to the moon.
Brand of the Blockchain Product can create the Demand and Market need for a coin. If the product is good and the supply is high, the price of the coin raises. The team should maintain its brand and demand for the coin.

after the completion of several ico companies I still keep on my wallet several types of coins, which I hope in the long run will still have a good price, and not that today. But really, I can not know anything, and also to predict a good future too.

Caladonian

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Quote from: vishudda on April 16, 2018, 07:11:57 AM

I am an altcoin trader since a few months now. I hold more than 10 different altcoins in my account.
There are certain factors which influence the price of any altcoins/cryptocurrency
The Major influencing factor is supply and demand of the coin, if the supply is low and the demand is high for the coin, the price of the coin raises and it will have its future to the moon.
Brand of the Blockchain Product can create the Demand and Market need for a coin. If the product is good and the supply is high, the price of the coin raises. The team should maintain its brand and demand for the coin.

Very well said, the developers need to make sure that the project is really usable and the supply is not that much so each time that the project progress the value will increase as well, the more progress the coin / project have the more increase will happen, each factors really affected the valuations of
certain system, what is important is the dev should always provide updates and make sure that holders and supporters will gained nit just for the value
of their investment but also with the usage of the project.

Silberman

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Quote from: Swenna on April 08, 2018, 12:27:42 PM

Quote from: megi440c on April 08, 2018, 10:28:41 AM

all you mentioned is the price factor except the last point.
the most influential is the demand.
the more demand the better the heart.

It is true, demand is perhaps the greatest factor that is needed to be considered in terms of trading. However, we have to take into consideration other factors in the market. We have to remember that there are pump and dump groups in which they tend to increase the demand in the coins in order to pup the price only to dump it afterwards. Therefore, one must always do research about the coins' history in terms of its buy and sell movement as well as its utility.

This is one of the main reasons of why trading cryptocurrencies can be very risky pump and dump groups are forbidden in traditional investments and while the same could be said about cryptocurrencies there is no way to enforce that ban, so it is always important to look at the fundamentals of the coin to see if it is worth your investment.

vishudda

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I am an altcoin trader since a few months now. I hold more than 10 different altcoins in my account.
There are certain factors which influence the price of any altcoins/cryptocurrency
The Major influencing factor is supply and demand of the coin, if the supply is low and the demand is high for the coin, the price of the coin raises and it will have its future to the moon.
Brand of the Blockchain Product can create the Demand and Market need for a coin. If the product is good and the supply is high, the price of the coin raises. The team should maintain its brand and demand for the coin.

mega

hero member

Activity: 812

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There is simple rule buy in low and sell in high,But to know the worthy coin and the factor which affect the market must educate yourself and read alot about the market.Keep eye on the news of cryptoworld and invest in different coins not at one place.

Aprodite

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very many factors that affect the price of bitcoin. and all the factors you mentioned are included in it. but the most influential is the scarcity and demand. the more rare the bitcoin the higher the number of requests. then the price will also increase.

Thanasis

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Quote from: malikusama on April 16, 2018, 01:49:57 AM

There is no rocket science involved here in price valuation of bitcoin and other cryptos just a pure basic economics law i.e supply and demand, and i am sure almost everyone is aware of this law that how it works.
The high demand can push the price towards the moon while higher supply can do the same in reverse direction.

But there are many factors involving in the demand of anything in crypto currencies bitcoin price has big impact on other cryptos too because most of the people predict their crypto prices based on bitcoin price movement.And for me the technology of the crypto may not have big impact on the prices for now because people see it as an asset not a currency but these condition may change in future.

Lazada

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Quote from: ruinous on March 17, 2018, 03:57:55 AM

What are the driving factors for crytpocurrency valuation?

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

I think the most influential is the demand factor. Because as more and more people try to use crypto, the price will increase, it is proof that when things get harder there will be scarcity and when things are not desirable they will decrease. So make sure that we continue to use crypto and increase the number of transactions done, after that then we will get the result that is the increase in the price of a crypto.

googs84

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Quote from: ruinous on March 17, 2018, 03:57:55 AM

What are the driving factors for crytpocurrency valuation?

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

Basically everything that you have mentioned here does affect the trading. All theses aspects can be studied from the projects detail, and results can be evaluated. Most of the time individual coins price or fluctuations will depend on the projects performance in the market. If they are in line with grater developments then it will call for more investors and if more investors are there then volume increases ultimately. However this is slow and long lasting process where you can not rely on the period but on the larger timelines itself. This is in general idea of it and when you enter the trading market then the real fun starts.

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