Money Talk

I dont undertstand crypto

Submitted by Florens11, , Thread ID: 93418

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RE: I dont undertstand crypto

#11
The value of the cryptocurrencies cannot be predicted. So, there is risk in using it.

RE: I dont undertstand crypto

#12
25-06-2018, 03:52 PM
Florens11 Wrote:
Why is crypto so weird and sometimes its so much worth and another time its like nothing worth? I dont get it

It depends of project, technology and practical usage of that currency, also of many other factors too. Important thing is thatfree market formats the price.

RE: I dont undertstand crypto

#13
One thing to understand is cryptocurrency has no value. All you have is the cryptocurrency.

People set the value based on demand for the cryptocurrency. The current values/exchanges are calculated based on tons of data, it's still possible to manipulate them pretty easily, so don't take the value at face value.

RE: I dont undertstand crypto

#14
Crypto is tough work, one must analyze everything to make a buck

RE: I dont undertstand crypto

#15
Hey guys there was a crypto which was mining through HDD left space ? Can you tell it to me

RE: I dont undertstand crypto

#16
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RE: I dont undertstand crypto

#17
You just have to watch the news cycle and see when positive news and negative news is announced. These coins with low supply might eventually be worth a lot but currently they really don't have a real purpose.

With Bitcoin, most people just want to hold and see which isn't going to help the price change in a meaningful way.

RE: I dont undertstand crypto

#18
Choose BTC is a best cryptomoney ! Go this : CryptoTab for win cash

RE: I dont undertstand crypto

#19
Just think about crypto like stocks but having a technology behind it. Pretty much the simplest way of telling one.

RE: I dont undertstand crypto

#20
If currency cryptos are constantly increasing, it is simply because their value depends directly on the number of users and the number of investors, which stops growing or decreasing.
I hope I answered your question,

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