New to Trading - page 7. | Bitcointalksearch.org

naidray

legendary

Activity: 1232

Merit: 1029

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.

Well, it is not all about picking coins unless he looking at the long term pattern of trading. If what he is looking forward to is to be able to do some short term trading, then I will advise he should learn and try as much as possible to use the knowledge to trade on any of those coins which he would still need to be very careful based on the level of volatility in the market.

All the above, buying and holding some of the coins now for the long term profit can actually get that $100 up in no time without stress coupled with the way the market has been for a while now.

BILGPS

full member

Activity: 378

Merit: 100

It is good to use this currency for the future and the trading required the deep knowledge of the market and the history of crypto coins like bitcoin and the Ether NEO and Doge coin etc these are the basics when you want to make some prediction about these coins and if we look at the market the people are loving to use and in this way we can also do trade different things for bitcoin.

cydrix

full member

Activity: 602

Merit: 129

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?

Scarcity demand and uses are the factors that are driving the community into geeks. If you want to learn new things you've got to control yourself before learning other things step by step learning not the other way around. Only exceptional individuals with great capacities to comprehend such ideas can handle them and if you think you're just an average person learn the slowly but surely way.

popolite11

sr. member

Activity: 882

Merit: 250

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.

OrangeSeller

hero member

Activity: 1008

Merit: 501

Quote from: sajeebur rahaman on March 28, 2018, 09:47:29 AM

Cryptocurrencies were designed as a unit of exchange and as a place to store assets without relying on a central bank,

Introduction

Cryptocurrency is a new revolutionary type of currency. Like any other currency or unit of account, they only have value because people think it has value. Some currencies are backed by gold or other precious metals; others are backed by nothing but hot air although have value because people think it has value and use it as a unit of exchange.

Those who invested much into bitcoin, they are not supposed to worry at all. Bitcoin is going to not let down any of the supporters provided they are not letting it down. We need to support it for our better future and its fast recovery.

The more we are going to support it, the sooner bitcoin will recover in prices. There is no way I am going to give up on my coins because the time and crypto market keeps changing.

BTCappu

member

Activity: 516

Merit: 38

Quote from: TheUltraElite on March 27, 2018, 08:48:07 AM

Quote from: isaac_clarke22 on March 26, 2018, 01:18:28 PM

Scarcity could have the most portion in the evaluation of the price when put in into a criteria due to the demand and supply basics that makes the specific coin demanding in the market.

In the trading scene the supply demand is important for those who trade huge volumes. Specifically talking about whales who pump the market. The noticeable pumps and dumps are due to whales only. There the demand may be small but the volume change with respect to time is big.

Quote

Network? Not so much as basically it is where the circulation of the coin happens.

New generation blockchain networks like AION need more exposure to get public demand. Not that I am endorsing it but using it as reference.

Quote

Miners are relevant into it as they're the one that confirms the transactions that pass into the blockchain.

I am sure miners will be ready to adapt to new algorithms if ever applied.

Quote

Bitcoin itself has the most known to have the property of instability, even if dumps happen, the price still happened to recover due to bulls which is the demand we're talking about. That evaluates the value of the Bitcoin as it adjusts overtime.

Of course the price will recover and shoot ahead of the all time high once again. But its needs to be given time for the market to recover.

This crypto market is being greatly affected by the ones who have invested a major portion of their earnings into crypto coins as they are the major stakeholders and that they actually play a key role in deciding the market value of any of the crypto coin. However, 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.

sajeebur rahaman

member

Activity: 224

Merit: 10

I love Beauty

Cryptocurrencies were designed as a unit of exchange and as a place to store assets without relying on a central bank,

Introduction

Cryptocurrency is a new revolutionary type of currency. Like any other currency or unit of account, they only have value because people think it has value. Some currencies are backed by gold or other precious metals; others are backed by nothing but hot air although have value because people think it has value and use it as a unit of exchange.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: yesss on March 27, 2018, 08:55:15 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?

We can see that the market has been fluctuating continuously over the past few days and it is difficult to predict. Both exchanges are red, bitcoin and altcoin prices are extremely strong in recent days and there is no clear signs of recovery. Therefore, in order to have successful commercials, you need to have a specific commercial plan in line with the information channels.

I dont understand what connection there is between having information channels and price rise/fall of bitcoin or altcoins. This idea seems applicable to pump and dump altcoins where a pump signal is given in their "information channel" aka twitter/facebook/telegram group and then the crew essentially pumps it up while the initiator of the signal sells and cashes out, laughing at the huge loss of the koolaid crew.

Quote from: Questat on March 27, 2018, 10:56:16 PM

Hopefully because if the market will not recover we will lose a lot of money especially those people who bought during the peak of last year.
Patience is very important here, we cannot be successful if we do not trust the future of the crypto, we need to hold and be strong so we can avoid panicking.

Even if the market does not recover you can recover your money. Patience and faith is needed. If you truly believe in the value of some coin then keep your belief steel-strong.

myworkstrade

member

Activity: 238

Merit: 10

WIth our new technology cryptocurrency is important currency to our era today. Now is the start of aquarius era which mean thevtechnology era. So crypto consist with markets deman and supply that hows trade works. When the crypto is so good and people will buy this and consider to be valuable. Crypto increase value when the demand is high and market is bullish so technically thats market trend.

Questat

hero member

Activity: 2954

Merit: 605

Quote from: Bitcoincole on March 27, 2018, 09:29:21 PM

Quote from: yesss on March 27, 2018, 08:55:15 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?

We can see that the market has been fluctuating continuously over the past few days and it is difficult to predict. Both exchanges are red, bitcoin and altcoin prices are extremely strong in recent days and there is no clear signs of recovery. Therefore, in order to have successful commercials, you need to have a specific commercial plan in line with the information channels.

Well, all the happenings in a digital market today is basically comes in the flow of supply and demand which changes the value day to day. Although some altcoins are pumping and some are dump.The predection of 2018 bitcoin is quit promising hopefully this will recover as early this year.

Hopefully because if the market will not recover we will lose a lot of money especially those people who bought during the peak of last year.
Patience is very important here, we cannot be successful if we do not trust the future of the crypto, we need to hold and be strong so we can avoid panicking.

Bitcoincole

full member

Activity: 504

Merit: 102

Quote from: yesss on March 27, 2018, 08:55:15 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?

We can see that the market has been fluctuating continuously over the past few days and it is difficult to predict. Both exchanges are red, bitcoin and altcoin prices are extremely strong in recent days and there is no clear signs of recovery. Therefore, in order to have successful commercials, you need to have a specific commercial plan in line with the information channels.

Well, all the happenings in a digital market today is basically comes in the flow of supply and demand which changes the value day to day. Although some altcoins are pumping and some are dump.The predection of 2018 bitcoin is quit promising hopefully this will recover as early this year.

yesss

member

Activity: 168

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?

We can see that the market has been fluctuating continuously over the past few days and it is difficult to predict. Both exchanges are red, bitcoin and altcoin prices are extremely strong in recent days and there is no clear signs of recovery. Therefore, in order to have successful commercials, you need to have a specific commercial plan in line with the information channels.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: isaac_clarke22 on March 26, 2018, 01:18:28 PM

Scarcity could have the most portion in the evaluation of the price when put in into a criteria due to the demand and supply basics that makes the specific coin demanding in the market.

In the trading scene the supply demand is important for those who trade huge volumes. Specifically talking about whales who pump the market. The noticeable pumps and dumps are due to whales only. There the demand may be small but the volume change with respect to time is big.

Quote

Network? Not so much as basically it is where the circulation of the coin happens.

New generation blockchain networks like AION need more exposure to get public demand. Not that I am endorsing it but using it as reference.

Quote

Miners are relevant into it as they're the one that confirms the transactions that pass into the blockchain.

I am sure miners will be ready to adapt to new algorithms if ever applied.

Quote

Bitcoin itself has the most known to have the property of instability, even if dumps happen, the price still happened to recover due to bulls which is the demand we're talking about. That evaluates the value of the Bitcoin as it adjusts overtime.

Of course the price will recover and shoot ahead of the all time high once again. But its needs to be given time for the market to recover.

ruinous

jr. member

Activity: 94

Merit: 3

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

Is it posible to start trading with 100 USD?

Sounds like a new thread, but with $100 from what I have gathered here, buy and hold (looking at trends today). Could that change tomorrow, yes. Weigh the risk, reward but I imagine you should hold at least 6 mo. to a year with $100 and no trading experience. If not longer.

ijeb

member

Activity: 728

Merit: 10

Is it posible to start trading with 100 USD?

DanielRR1997

member

Activity: 196

Merit: 14

Let's start at the beginning. You may have heard many things about what a cryptocurrency is, but you may still be searching for an understandable definition. I hear ya, I was in the same boat for a long time. Instead of getting too technical, here's the easiest way to think about cryptocurrencies:

https://www.tradingheroes.com/cryptocurrency-trading-guide-beginners/

Good Lucky !

omonuyak

sr. member

Activity: 882

Merit: 269

Scarcity and demand remain the two major factors that determines the crypto currencies pricing. People has not started using bitcoin as a mode of payment for goods and services, therefore we should not think that use determine the price of bitcoin. Many hold that hold their coins is the reason why bitcoin has not fall completely in price and those that are sell are the reason why bitcoin is falling in price.

Shenzou

sr. member

Activity: 1400

Merit: 283

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?

Probably the tow biggest factors that deive the price of a cryptocurrency are the supply and the concept or utility, if you are about to look into investing into a new cryptocurrency that is about to launch you should look for the reason why it was created, what are the problems in the cryptocurency market that this coin is targeting and what are its solution, what does this coin brings to the field, and with having a great concept people would invest in it and with a limited supply as time goes its price will start going up, hut like bitcoin.

isaac_clarke22

sr. member

Activity: 1596

Merit: 264

Scarcity could have the most portion in the evaluation of the price when put in into a criteria due to the demand and supply basics that makes the specific coin demanding in the market. Network? Not so much as basically it is where the circulation of the coin happens. Miners are relevant into it as they're the one that confirms the transactions that pass into the blockchain. Bitcoin itself has the most known to have the property of instability, even if dumps happen, the price still happened to recover due to bulls which is the demand we're talking about. That evaluates the value of the Bitcoin as it adjusts overtime.

Donceng

member

Activity: 251

Merit: 10

what you mentioned are all the factors that affect the crypto market, and in the bitcoin that causes a decrease in the price is due to the increased supply and the reduced demand is what causes the price reduction as well as the opposite.

Topic: New to Trading - page 7. (Read 1049 times)