Post
Topic
Board Altcoin Discussion
Re: Can you determine the price of the coin you are holding?
by
Ozero
on 27/08/2018, 18:54:53 UTC
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.
You have noticed this correctly, but such a logical appeal will remain unheeded vseravno. When it comes to money, everyone will do what they consider necessary. In addition, new investors are constantly joining the crypto currency, and they are not accustomed to the large volatility of the crypto currency and will periodically panic in any case.