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Author Topic: More traders.... Good or not?  (Read 1181 times)
Varavu
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April 24, 2018, 03:30:21 PM
 #381

As per my opinion more traders are good for the cryptomarket. Many traders are getting into crypto world  but where they stand is the point which may influence the value of cryptomarket neither in the positive way nor in the negative way. Positive way in the sense of more traders more money. Negative way in the sense of panic selling which affect's the value of coins.
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Gotomoon
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April 24, 2018, 03:31:04 PM
 #382

Price of the crypto currency depends on the traders. Traders can make a coin, Traders can break a coin price.
Day to day increase of more number of traders, the traders are the actual investors for any of the coins. The volume of trading increases, when the demand increases and the coin prices raises.
Actually more traders the demands will increases also. So when their is traders fluctuations should expects and so price couldnt maintain into on top. However, when the price increasing their is more traders and it is good because the market is alive.
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April 24, 2018, 04:44:10 PM
 #383

I’ve been wanting and taking my time to enter the trade game. But before I do, just wanting to know the prod and cons of having a lot of new traders coming in.

Trading is much more safer and easy to learn. I’ve been preparing myself for months now and wanted to start my journey here in bitcointalk. But like me? New Traders are comming in fast. Will it be a good sign to our world of crypocurrency? Or will it affect the competition inside?
You can see that the market in recent days is fluctuating continuously and very complex, bitocin prices are constantly being pushed up very high and are up trend in the short term. I believe that the appearance of more trader at this time will make the market more complicated and more disturbing than the trader lacking experience in the trade.
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