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Author Topic: Why is it always about price?  (Read 599 times)
tabas
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April 29, 2022, 08:50:07 AM
 #41

currently the purpose of knowing cryptocurrency is to do business.
It's actually the opposite, it's to be used as a currency itself and next are the things that we do in common while having it and that's being an investment and as you've said is business.
Eventually, the market has grown that much and the primary reason why bitcoin and other cryptocurrencies has been made became secondary. Because now, we're into it as investments and for the purpose of trading.

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April 29, 2022, 09:24:55 AM
 #42

The thing that makes anyone interested in crypto is an opportunity for profit, when there is profit, all eyes will come to continue to check prices and then sell because they are profitable, the Android application makes it easy for anyone to trade quickly and safer.


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Ryu_Ar1
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April 29, 2022, 09:30:44 AM
 #43

For 90% crypto investors,  it is all about price, many of them hardly even read what the project is all about (the fundamentals) and how relevant it will be in blockchain, it is rather when 'Moon'.   If after 3 months there is no serious price movement, the project appears to be dead in their own eyes Grin

Just yesterday I saw a post on Near Protocol telegram unofficial group - a member posted "Near Looks Dead" because the price is not moving according to how he want it, this is the perception of the majority.
Many investors judge projects base on the price performance and hardly about the tech, which is not supposed to be.
Because when you look at certain projects, what you see first is the price apart from the prospects Grin
This is very clear because indeed all need these things to make movement.
It doesn't matter what will happen but the price will still dominate in this case regardless of whether or not everyone will return there and the price will be the benchmark

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April 29, 2022, 05:08:40 PM
 #44

currently the purpose of knowing cryptocurrency is to do business. many people expect big profits in the crypto world, so many of them are willing to sell their homes to do business in the cryptocurrency field. Therefore, if in our heads the focus is money, then it is not surprising that many people ask for price movements. especially for novice investors, of course, they will often see prices that can actually damage their mentality

But we can't deny that, even I, who was here for quite a long time, also do the same thing, although not as often as those who trade daily. But if someone else is doing it with the aim of short-term profit, I look at price movements to determine how I react to the market. For example, altcoin price movements are influenced by where the bitcoin price moves, so I saw the moment for me to enter the altcoin that I had analyzed previously.

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May 01, 2022, 01:25:41 AM
 #45

currently the purpose of knowing cryptocurrency is to do business.
It's actually the opposite, it's to be used as a currency itself and next are the things that we do in common while having it and that's being an investment and as you've said is business.
Eventually, the market has grown that much and the primary reason why bitcoin and other cryptocurrencies has been made became secondary. Because now, we're into it as investments and for the purpose of trading.
It may seem this is the case and speculation is all what people care about, but without being a solid currency then bitcoin would not have gotten to this point, however give it time and we will see bitcoin once again having as their main use case being a currency, it is just that people despite the high inflation we are seeing still do not understand why fiat currencies are such a bad idea, but once they do then they will look for other options and bitcoin will grow in adoption as people begin to buy it as they look for a way to protect themselves from the high inflation.
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May 01, 2022, 08:12:14 AM
 #46


Shouldn’t we rather talk a bit more about fundamentals or/and all the positive news happening in the space? When the nights are dark and full of terrors, shouldn’t we bring some light?


Of course we should be worrying more about the fundamentals than about the price. Only shortterm traders are worrying about the price and not the underlying fundamentals. When it comes to price fluctuations in intraday trading these are normally not caused by any shift in fundamentals. A lot of the price changes just come naturally due to supply and demand on the exchange. That is why traders are looking to make a profit based on price. As an investor who has a longer investment period, will always worry more about the fundamentals than about the price. In case of strong fundamentals the price can be high or low for sometime, but eventually the price has to match the economics. It can't be that strong project with excellent fundamentals will be undervalued forever. Eventually other investors will notice it and start driving the price up. The same goes for bitcoins, I wouldn't worry too much about a 5 or 10% drop in price during a month. As long as the longterm trend is upwards there is no real issue, we just need to stay invested for the longrun.
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May 01, 2022, 08:50:39 AM
 #47

The thing that makes anyone interested in crypto is an opportunity for profit, when there is profit, all eyes will come to continue to check prices and then sell because they are profitable, the Android application makes it easy for anyone to trade quickly and safer.
Currently, more and more people are aware that crypto is a field for making profits,
but sometimes there are still many who forget that crypto also has a big risk too,
To make a profit, of course, it is not something that we can simply take hard work and of course the process

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May 01, 2022, 09:02:49 AM
 #48

The thing that makes anyone interested in crypto is an opportunity for profit, when there is profit, all eyes will come to continue to check prices and then sell because they are profitable, the Android application makes it easy for anyone to trade quickly and safer.
Currently, more and more people are aware that crypto is a field for making profits,
but sometimes there are still many who forget that crypto also has a big risk too,
To make a profit, of course, it is not something that we can simply take hard work and of course the process

Well, it's what OP is trying to say I guess... everything is about price and profit! People miss seeing anything else except a chance for making some money! Because of that, we have many sensationalistic headlines around about the price movement, like anything else is not so important as the current rise or drop! Space is filled with speculations and predictions from many "so-called experts", and sometimes it's really hard to find something good in all that mess!

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May 01, 2022, 09:32:42 AM
 #49

I think the price will always be the thing that investors are always waiting for, as we know that the price increase of cryptocurrencies like a roller coaster so that it is always interesting if we will know the price, and the best thing we do is immediately sell if we get profit because the market is always fluctuating and giving The next opportunity to buy again.


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May 01, 2022, 11:48:13 AM
 #50

Because that’s what attracts people in this industry and that’s what everyone is here for - money. First we had share markets, and now we have whole new platform which is having enormous energy whatsoever to give away to those who play well here. Since the beginning bitcoin was actually made for easy transaction, transparency (pseudo), free of limits etc. However there were bunch of dudes who then found out that this market has more potential than this where it can lead to money making stuff. So trading followed, staking, alt market, this project, that shit and all then got concerned with one basic thing, how much it is ?
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May 01, 2022, 01:06:14 PM
 #51

That's just the way it is. Not just in the crypto currency market but in all the other markets as well. Most of the people flock for profits and only a selected few would really invest for the sake of believing in the project along with the change or innovative utilities it has to offer the investors and the future consumers. And in those few people, majority only adds a few if not just a single project they believe in on their portfolios then the rest are solely for profits. And I am one of those. Call me selfish but I have responsibilities and currently not in a financial state where I can squander funds just to fulfill my desire to support a good project in my eyes. This is probably the case for most of the people which is why news and media always highlights prices when talking about assets and anything related to it.
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May 01, 2022, 03:13:06 PM
 #52

Why is it always about the price, the answer is very simple, in my personal opinion the main problem is definitely the price, whatever we do and wherever we invest the main problem we want to know is about the price, if the price is right it is certain that people will invest If the price goes down or up it's normal, but if the price promises it is certain that people will invest, the important thing is that it is safe, reliable and always promising.

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maydna
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May 01, 2022, 03:40:28 PM
 #53

I think the price will always be the thing that investors are always waiting for, as we know that the price increase of cryptocurrencies like a roller coaster so that it is always interesting if we will know the price, and the best thing we do is immediately sell if we get profit because the market is always fluctuating and giving The next opportunity to buy again.
Agree with this. Real investors always want to buy an asset at a low price and sell it at a high price. So with the ups and downs of the coin price like a roller coaster, it will make them happy because they can buy at a low price and sell at a high price for profit. But many investors do not sell their coins when the price is rising or has reached the highest price, which can be related to the price target they want to achieve.

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777Jolami
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May 01, 2022, 07:21:38 PM
 #54

Of course, when investing in something, price is the first concern, price is a measure of asset value, for example, investing in bitcoin, real estate, gold and silver, ..., investors are always interested  to the buying price and the selling price, to bring high profit.
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May 01, 2022, 07:30:57 PM
 #55

Why is it always about the price, the answer is very simple, in my personal opinion the main problem is definitely the price, whatever we do and wherever we invest the main problem we want to know is about the price, if the price is right it is certain that people will invest If the price goes down or up it's normal, but if the price promises it is certain that people will invest, the important thing is that it is safe, reliable and always promising.

It's not the problem but it is the end goal, I mean that's why it is called investing, you put your money int this crypto to make it grow. Maybe there is some people who are in for the technology or what not, but for sure, majority wanted to profit.

So as much as we wanted to deviate from the subject, at the end , we will talk about it and everyone is interested on what will be the movement short or long term. So yeah, we can say that it is normal.

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May 01, 2022, 07:39:50 PM
 #56

Of course price matters a lot! First of all, we will find out the price if we want to buy something. The price is made up of different components. And these components affect the final figure. Besides the price of a product plays a huge role in its purchase in any case and choice. First of all, it all starts with setting a price for something. So this is an important point.

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May 02, 2022, 04:14:36 AM
 #57

The fantastic price of bitcoin at this time of course will always be talked about by people, many people regret not buying bitcoin when the price is $ 1 even when the beginning of 2010 many people gave bitcoins for free up to hundreds of bitcoins, it is natural that nowadays people say that bitcoin is something very profitable for long term investment.
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May 02, 2022, 09:21:50 AM
 #58

The fantastic price of bitcoin at this time of course will always be talked about by people, many people regret not buying bitcoin when the price is $ 1 even when the beginning of 2010 many people gave bitcoins for free up to hundreds of bitcoins, it is natural that nowadays people say that bitcoin is something very profitable for long term investment.
indeed bitcoin is increasingly famous because its price continues to rise. at the beginning of 2010 it was only $1 and when measured by current prices of course we can retire early from real work, but the question is whether we can afford to hold it until now, I think it's difficult to do that, even in 2017 it may have shaken our psychology . Many people here have one goal, namely profit. Therefore, it is not surprising that many commented on the price

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May 03, 2022, 09:23:18 AM
 #59

Everything comes with a price. You can never gain something if you don’t sacrifice something of equal value. Pricing is important since it defines the value that your products are worth for you to make and for your customers to use. It is the tangible price point to let customers know whether it is worth their time and investment.

Pricing is the reflection of everything you do as a business, from your product development all the way down to a link to your website, because we live in a world driven by value. Nothing else defines a business and a product more.

Let’s explore why pricing is truly the (unbiased) most important aspect of your business by uncovering its theoretical roots and by illuminating how high of an impact price optimization can have on your profits.

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May 03, 2022, 10:59:47 AM
 #60

The fantastic price of bitcoin at this time of course will always be talked about by people, many people regret not buying bitcoin when the price is $ 1 even when the beginning of 2010 many people gave bitcoins for free up to hundreds of bitcoins, it is natural that nowadays people say that bitcoin is something very profitable for long term investment.
indeed bitcoin is increasingly famous because its price continues to rise. at the beginning of 2010 it was only $1 and when measured by current prices of course we can retire early from real work, but the question is whether we can afford to hold it until now, I think it's difficult to do that, even in 2017 it may have shaken our psychology . Many people here have one goal, namely profit. Therefore, it is not surprising that many commented on the price
Previously I think many people did not think that the price of Bitcoin could skyrocket to this extent,
after the Bitcoin price experienced an upward trend, it seems that after that many people really considered it,
currently cryptocurrencies are constantly evolving and it will continue to do so

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