Topic: New to Trading - page 5. (Read 1074 times)
On the off chance that need to begin the new exchanging process. Initially take all the while and contribute the exchanging. This procedure data help to begin the exchanging. Exchanging isn't to simple. It to chance. On the off chance that know all procedure then simple to mange exchanging process. It associate the all nation individuals. So it help to nation individuals simple to trade any nation money and it whenever to trade. Be that as it may, before begin the exchange check the market cost. At that point you begin. Time is critical for this procedure. So time to finish and time to acct. It help to speak with all nation individuals. So you get more thoughts and more data simple to assemble.
I think the factor that makes the movement of an exchange rate is the number of requests and offers every time as demand is soaring,altcoins will also increase.
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.
The high demand can push the price towards the moon while higher supply can do the same in reverse direction.
Speculation is the key word in cryptocurrencies, traders try to take advantage of their fluctuations for that.
If you are new to the market it is better to learn first about trading before investing market because the market is too much volatile now so it is better to learn before earn.
All the points that you mentioned are the driving factors for valuation
Trading is great if you understand the dynamics and it is mostly driven by demand and supply
I think this is a market of belief. And it be driven by people who have a lot of money. This is a piece of cake for them to make a profit. Do not put too much hope in this market. Learn and make money on it. Blockchain and Crypto are overblown
The price is always influenced exclusively by demand and supply. But that's what influences demand, this is exactly what nobody knows.
Demand is when new people enter into the crypto market. They are willing to buy bitcoins and altcoins and thus putting in their fiat money into the crypto economy. Supply is constantly from the miners and is deflationary in nature. Thus the future prices are bound to increase as long as there is a steady demand of coins.
Again new people entering the market will be less experienced and thus it is the opportunity for the old traders to cash out some money while they buy.
Nothing but scarcity and utility as I think. Because day by day the utility of it are increasing
The rate of mining, externally and electricity costs and maintainace all contribute to it
Crypto works on the principle of demand and supply, when there is scarcity of a coin, it is normal that the demand will be higher than the supply which will lead to price increase. Also when there is availability of a coin in the market, that means supply is high and demand is low, this may lead to drop in price. When but demand and supply of coin is equal, this is what causes r stability in the market.
The price is always influenced exclusively by demand and supply. But that's what influences demand, this is exactly what nobody knows.
Welcome you are at right place but it is good to learn more first more learn now will earn more in the future because if simple things take days to accomplish but branded one take months and having alot value.There is also game of demand and supply which affect the market so simply buy in low when market is down and sell in high when market is high.
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's always depend on the use and demand of a cryptocurrency, the more useful it is for the people, the more demand and a higher price it would be. And it's one of the most important factor for a cryptocurrency that will help to everyone to choose the best crypto that we might use for investing or trading that will give us the profit that we always wanted.
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's always depend on the use and demand of a cryptocurrency, the more useful it is for the people, the more demand and a higher price it would be. And it's one of the most important factor for a cryptocurrency that will help to everyone to choose the best crypto that we might use for investing or trading that will give us the profit that we always wanted.
Demand always plays the most important role here. Now people are interested in many alternative cryptocurrencies. I see they are ready to buy OmiseGo, NEO, Candano, EOS, Stellar.
In any market in the world, supply and demand affect the price of a commodity, if the demand is high, the price goes up and if supply is higher than demand, the price goes down, same applies to crypto coins, if many people demand for them and buy them, prices shoot up which they call a bullish movement and when people sell a currency vice-versa
Utility and demand are same important factors that plays vital role that dictates the price of cryptos. The higher the demand, price will rise and the lesser, market will be stagnant and holders will sell at the lowest just to make sell. But let us not forget that the million investors have the power to manipulate the price as well. 
What are the driving factors for crytpocurrency valuation?
Scarcity? Utility? Use? Demand? Network? or am I off base already?
which greatly affects the price of a cryptocurrency today is demand, we all know the economic laws that if demand increases then prices will rise.Scarcity? Utility? Use? Demand? Network? or am I off base already?
but seeing the current situation of news greatly affect the price of cryptocurrency.
Try to be productive and for that start trading with coins which have great demand in the market. Set up an exchange account and place the price of your coins a little bit higher than the amount on which you bought the coins so automatically you will get product.
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's always depend on the use and demand of a cryptocurrency, the more useful it is for the people, the more demand and a higher price it would be. And it's one of the most important factor for a cryptocurrency that will help to everyone to choose the best crypto that we might use for investing or trading that will give us the profit that we always wanted.
Trading works according to the law of supply and demand, in other words, a crypto currency price can be determined by its demand and its supply, where there is a high demand there will be a price increase, this always happens when the total coin supply of the crypto currency is not much. Example, bitcoin has only 21m that can be created and has over 16m in circulation, this is what made the price shot as high as $19000 within a period of 9 years
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