Post
Topic
Board Speculation (Altcoins)
Re: why does coins change price constantly?
by
Cnut237
on 03/03/2019, 13:28:38 UTC
Why does coins prices fluctuate so much and it is never been constant making predicting price much harder and much riskier and holding on to coins can be the best way right now.

why does it change prices constantly and never stagnant?

One factor to consider for low volume coins is that their prices can change even when there is no trading on the coin. The 'dollar value' of coins is often determined in BTC or ETH. If a small coin is worth 0.1 ETH, and ETH drops 10% against the $, then even with no trading, the small coin (still at 0.1 ETH) will also drop 10% against the dollar.