New to Trading

[metalglowd]

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

[PX-Z]

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.

[zhekinsp]

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.

[Cakalasia]

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.

[TheUltraElite]

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.

[megi440c]

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

[Lodipetmalu]

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.

[Silberman]

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.

[Swenna]

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.

[ripti]

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

[Miraz69]

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.

[moshk555]

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.

[outdatedruff7]

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

[d1ceplayer]

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.

[GamblingPurveyor]

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

[Daimon88]

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.

Demand and supply are two basic factors that are responsible for the changing value of any asset of the world but if we talk about bitcoin particularly, there is one more factor that highly affects not only bitcoin price from time to time but the whole digital market. I am pointing towards the big investors who are also known as whales. Selling and buying on large scale highly changes the value of bitcoin.

[robotrobert]

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.

Starting trading or investment requires money and knowledge. If you are new with trading then an easy guide will first enrich you with basic knowledge of crypto world and then Bitcoin because choosing Bitcoin is best for business in which you will find a huge product or outcome.

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.

[Nylelyn]

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.

[illnino]

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.

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.

[Rizky Aditya]

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.

That is the rule of the market no matter what kind of market it is. Keep in mind that everyone is going to go after that thing which is giving you maximum returns. Since bitcoin is having a strong history of making people rich with minor investments, so majority of the crypto currencies users are the ones who are supporters of bitcoin. The high demand of bitcoin obviously eventually leads to the high price.