I want to understand how to predict whether a coin's value will increase or decrease. Is there a specific method or strategy that can help me make this determination?
7 answers
Luigia
Sun Dec 01 2024
When demand exceeds supply, it indicates a high level of interest in acquiring the cryptocurrency.
DigitalTreasureHunter
Sun Dec 01 2024
The pricing mechanism of a cryptocurrency is straightforward.
Lorenzo
Sun Dec 01 2024
It hinges on two primary factors: market demand and supply.
Chloe_emma_researcher
Sun Dec 01 2024
Market demand refers to the willingness and ability of investors to purchase a particular cryptocurrency.
CryptoBaron
Sun Dec 01 2024
Supply, on the other hand, represents the total amount of that cryptocurrency available for purchase.