Post
Topic
Board Trading Discussion
Re: New to Trading
by
robotrobert
on 10/04/2018, 05:28:58 UTC
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.