New to Trading - page 6. | Bitcointalksearch.org

d1ceplayer

sr. member

Activity: 686

Merit: 277

Quote from: PX-Z on April 07, 2018, 11:57:30 PM

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?

,

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.

For this reason only, bitcoins and all other altcoins are still living their lives on internet. Now a days, people are so clever. They don’t get in traps because they know what and how everything works. So people know the hidden chances bitcoins and other altcoins have been hiding within themselves. They start finding them and for this reason, demand get increased, hence the prices too.

outdatedruff7

newbie

Activity: 90

Merit: 0

Really I don't know because I infact is stuck to the fact what is even the developers doing in cryoto world -_-

moshk555

member

Activity: 224

Merit: 10

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.

Miraz69

copper member

Activity: 238

Merit: 0

The above things depend on the value of Bitcoin. And Bitcoin's price depends on its availability and demand. But as a new trader, you must first get enough ideas about this market.

ripti

member

Activity: 252

Merit: 10

At this present time, all cryptocurrency coin price is very low. as this result, many cryptocurrency holders are more profitable side select to treading. If trading is risky but it's more profitable sector

Swenna

full member

Activity: 364

Merit: 106

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.

Silberman

legendary

Activity: 2534

Merit: 1338

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?

You are not off base all of those things are very important, but what happens with cryptocurrencies is that probably hype can be more important than all of those factors, if the marketing team of a coin is able to create great enthusiasm in the forum about their project there is almost no limit to the price the coin can reach but if there is not such hype the growth of the coin will be a lot slower.

Lodipetmalu

member

Activity: 252

Merit: 10

You need to be prepared before entering into trading, you need to ask advise from those experts so that you can gain knowledge from them.

megi440c

newbie

Activity: 126

Merit: 0

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

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: deddod on April 07, 2018, 03:17:18 PM

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.
but seeing the current situation of news greatly affect the price of cryptocurrency.

The demand is important but do consider the population who is into crypto and the extent to which they can purchase crypto for future. Most average earning people wont be able to buy tonnes of bitcoin in one month's salary whereas in the stock market they may be able to. So dont compare the stock market economics with crypto economics.

Traditionally it is the whales who pump and dump the market - small cap investors are hurrying to follow the whales and often get washed out.

Cakalasia

member

Activity: 162

Merit: 10

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?

It depends on the use and the CryptoCurrency price are depends on supply and demand the more demand of the coins the value are increasing and if many people trying to sell their coins it decreasing.

zhekinsp

full member

Activity: 882

Merit: 126

★777Coin.com★ Fun BTC Casino!

Quote from: PX-Z on April 07, 2018, 11:57:30 PM

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?

,

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.

I don't think people are buying crypto currencies based on usage because we never use crypto currency in our daily life we just consider crypto as an money making investment.So what make the value for the crypto is scarcity and the reputation because bitcoin price is very huge when compared to others it is due to the reputation and the limited quantity.

PX-Z

hero member

Activity: 1554

Merit: 880

Top Crypto Casino

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?

,

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.

metalglowd

member

Activity: 546

Merit: 10

💲 EMIREX EXCHANGE 💲

Quote from: Aleister Crowley on March 17, 2018, 04:24:42 PM

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?

the digital currency has a limited supply, so if the supply is decreasing, then the price of the coin will be expensive, but there will be a risk of falling prices when the crypto currency bills start to circulate where ,, and maybe it will be a nightmare for who have invested in high prices ,,

i think in crypto, after the supply decreased, it didn't guarantee at all, that price will be so expensive. if those crypto no use (only buy-hold-sell) and no other profit where we can gain for it, the era of cryptocurrency will be end faster than we expect

reda

sr. member

Activity: 910

Merit: 260

Quote from: deddod on April 07, 2018, 03:17:18 PM

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?

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.
but seeing the current situation of news greatly affect the price of cryptocurrency.

If need to start the new trading process. First learn the process and invest the trading. This process information help to start the trading. Trading is not to easy. It to risk. If know all process then easy to mange trading process. It connect the all country people. So it help to country people easy to exchange any country currency and it any time to exchange. But before start the trade check the market price. Then you start. Time is important for this process. So time to complete and time to acct. It help to communicate with all country people. So you get more ideas and more information easy to gather.

deddod

sr. member

Activity: 476

Merit: 250

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?

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.
but seeing the current situation of news greatly affect the price of cryptocurrency.

wuvdoll

legendary

Activity: 1442

Merit: 1025

Quote from: ijeb on March 26, 2018, 03:45:47 PM

Is it posible to start trading with 100 USD?

Yes and it is possible to keep increasing that as well as decreasing it based on your knowledge. As long as you are dedicated to learning and you are able to start making use of the knowledge to your advantage, then you will be able to do very fine with the little you have. Most times, I always encourage those who are new to trading to always try as much as possible to even start low as that is the only way they can gain experience without panicking based on all that they have learned.

Quote from: BTCappu on March 31, 2018, 05:18:34 AM

you just need to stay focused and that you need to keep on doing your work which can then help you in getting something good.

Focused mindset will finish off half our work everywhere and in trading too. Beginners in trading must focus on learning prime things like making strategies and analyzing charts. If then focus on avoiding losses then they can find trading as an interesting job for life.

H0USE

full member

Activity: 420

Merit: 100

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?

The most important element for coin valuation or the driving factors is the demand of particular coin in the market. The more people are willing to buy the boost of prices is high and vice versa less the investors less the price. One more factor is the scarcity of the more demanded coin which boost the price with much higher jump. So these are the main elements in valuation.

cryp24x

sr. member

Activity: 1190

Merit: 253

The driving factors of Cryptocurrency valuation are Trust/Faith (based on value and demand for any currency), Valuation of Prospective Market (value based on the market capitalization), Speculation (strong driving force in determining the value of cryptocurrencies) and Investor’s Perspective (investors expectation that the market to take and will become in the future).

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: popolite11 on April 05, 2018, 06:14:22 AM

Quote from: ijeb on March 26, 2018, 03:45:47 PM

Is it posible to start trading with 100 USD?

It is possible. Just pick the altcoins that are not so much expensive but have the future. For instance, buy VeChain, Stellar, IOTA. You can bet on EOS also.

VeChain and EOS is what I would suggest. With 100USD one can try buying some altcoins but would not be worth it if you ask me. I would say 500$ in the minium to start trading with some good altcoins - which would include litecoin ethereum dash and monero and some new ICO investments if the person is willing to take the risk.

Overall I think the OP is simply a shitposter would managed to collect some 100$ from shitbounties and now wants to trade it. Good luck anyway. Grin

Topic: New to Trading - page 6. (Read 1049 times)