Post
Topic
Board Trading Discussion
Re: New to Trading
by
Lazada
on 16/04/2018, 08:23:52 UTC
What are the driving factors for crytpocurrency valuation?

Scarcity? Utility? Use? Demand? Network? or am I off base already?
I think the most influential is the demand factor. Because as more and more people try to use crypto, the price will increase, it is proof that when things get harder there will be scarcity and when things are not desirable they will decrease. So make sure that we continue to use crypto and increase the number of transactions done, after that then we will get the result that is the increase in the price of a crypto.