Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: masterrex on November 10, 2018, 04:37:32 PM
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When i first joined at "Crypto-Space" as and investor i noticed that crypto-currency "Price Fluctuation" is weird compare to Forex(Fiat Currencies) the price drop is faster than we thought and when it climbed it will easily drop in no time. So its more complicated to deal with specially when you are a newbie losing money is just and ordinary experienced in crypto, just don't quit and you will recover it later. Question have you experienced this weird feeling before? And how about after you joined crypto-currency as investor or trader? Drop your Opinion and Experienced here!
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It is weird and yes it is more volatile than Forex and Stocks trading. Maybe because there are still less "big" players compared to the other two and less regulation also plays a factor I think. A few group of people can temporarily influence the market more often than stocks or forex
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High price volatility of a decentralized cryptocurrency is not a strange thing, but its regularity and essence.
Decentralized cryptocurrency, as a rule, is not secured by anything, is not supported by anyone in the price and is not regulated like a common currency. Its price is formed solely on the ratio of supply and demand, but they are never constant. Therefore, it will always have a high volatility in price.
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There is nothing strange in the fluctuation of the cryptocurrency price. For a decentralized cryptocurrency it is inherent in its nature, it will always exist, having a high price volatility. After all, it does not have a regulatory body and its price consists only of the ratio of supply and demand.
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cryptocurrency prices always have a very fluctuating price movement because there are influences from buyers and sellers who interact with each other in exchange so that prices have up and down movements.
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My first experience is all about airdrop. I knew crypto as an atm machine who will give you money, but this perspective changed when I learn how crypto works on the real world. Its application where more than just a money maker. It literally improves the difficulty on some aspect of business and use cases which certainly continue on the next few years.
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That is why crypto is very volatile compared to others such as forex and stocks exchange. You can lose here all you money. Just invest what you can afford to lose