The mechanics of how price is influenced in these coins is rather simple. There's so little volume trading on any given day that if one person floods or demands several times that daily amount you'll see the price pop. And when the price per coin is very small it's easy to buy a huge lot and influence the price.
That's the mechanics of supply and demand.
The reason for the pop in demand is usually someone behind the coin or closely related to the coin trying to generate a buying spree. They buy enough to cause the first pop, others see the movement and may buy into what they think is a legit breakout. In reality these moves keep the price inflated for a day or a few hours so original owners can dup their coins at the higher price to the people that follow them into the buying activity. This is more commonly referred to as a "pump and dump".
Topic: What is the cause for certain alt coins to raise drastically? - page 2. (Read 1053 times)
This may be a bad a question for a new band possible wrong section....but here goes.
Watch the different alt's..... you can tell some are gonna be around and trusted more than others, which means they can be great investment tools. But what causes the different value in the coins to go so high and then fall before you can download, sync, trade, and sell as I've see often?
Is there any recommendations on which app or site to follow trends while still time to benefit from the opportunity.
I hear some say trading alt coins can be very adventagous and some say very risky, but with the small value of each coin and the high amount needed to make a valued trade, it seems a big task and more importantly a major risk of earned crypto. Can someone help in understanding the madness.
? 
Watch the different alt's..... you can tell some are gonna be around and trusted more than others, which means they can be great investment tools. But what causes the different value in the coins to go so high and then fall before you can download, sync, trade, and sell as I've see often?
Is there any recommendations on which app or site to follow trends while still time to benefit from the opportunity.
I hear some say trading alt coins can be very adventagous and some say very risky, but with the small value of each coin and the high amount needed to make a valued trade, it seems a big task and more importantly a major risk of earned crypto. Can someone help in understanding the madness.
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