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Author Topic: Can you determine the price of the coin you are holding?  (Read 689 times)
Cenil
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October 24, 2018, 04:37:20 AM
 #101

and there is one thing that must be considered from the case that you are telling me is not to make decisions too quickly, before making a decision it is best to think first whether the decision is risky or not in the future, such as when the coin price is decreasing, not too fast conclude that the coin will die, you should first research the coin if you don't have a prospect anymore then you can sell all the coins rather than holding it, which in turn will lose even more. but basically it is very difficult to determine what will happen on a coin because anything in the crypto world can happen.
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October 24, 2018, 05:38:18 AM
 #102

I often use the purchase price on large trading floors to determine the value of altcoin!
In general, altcoin has a large fluctuation, the value varies by the hour!

 
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October 26, 2018, 06:53:30 PM
 #103

The price of cryptocurrencies basically follows the rules of demand and supply. As the coin becomes scares it becomes more valuable and hence the price increases. One common mistake most investors do is that, once they see the price of a coin  is going down, they hastily dump what they also holding which increases the supply more than the demand and further reduces the value of that particular coin. Later we try to put the blame on the team that they are not managing the project well. Let's help sustain our coins by avoiding panic selling. Its a collaborative effort.

I see this happen a lot, you see creators call for support for their coin and they barely get any but when the coin fails you see everyone blaming the creators like they do not know that for a coin to do well then it needs a great deal of support and demand. When there is not enough support for a coin then there is nothing that is going to stop it from failing

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