Post
Topic
Board Trading Discussion
Re: New to Trading
by
arpon11
on 26/07/2018, 07:40:49 UTC
What are the driving factors for crytpocurrency valuation?

Scarcity? Utility? Use? Demand? Network? or am I off base already?
All the factors you have said affect bitcoin price and be able to interpret them very well is what affect bitcoin price.  However the demand and supply is what affect the price the most because there have direct relationship with pricing.  If you can understand how demand and supply work using order books then you can become a successful trader.