Thread: 
Does the price of the coin can heavily depend on the news?
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#1
Does the price of the coin can heavily depend on the news?
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#2
The factor that affects the price of the cryptocurrencies is the demand and supply. When the supply of the Bitcoin is limited, the price will increase due to its high demand.
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#3
Lack of demand will become a serious problem for the crypto world.Originally Posted by AbdulShiek
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#4
The negative predictions about the cryptocurrencies could affect its value because people will be scared.
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#5
I suggest, to follow the news related to the coin you're interested in. It might help you know the price trend.
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#6
Can you suggest the safest site where I can read a genuine article about the cryptocurrencies?
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#7
News really does have a huge impact on the price of the coin. Investors will move according to what is in the news (either it be a negative or positive one). If the coin is at a bad light then most investors would probably close their deals which in return would affect the price of the coin.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#8
Yes,it depends on news but if you do not take care you would be deviated. It takes sometimes for its to be reflected.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#9
yes .news the demand and supply
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#10
The law of demand and supply also plays a big role here. But the demand also varies on the news. If the new information is positive, more investors would most probably decide to buy, hence heightening the demand.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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