Understand the currency market - Page 2 - Trading - CryptoTalk.Org Jump to content
chirinemannai

Understand the currency market

Recommended Posts

I think that this understanding is not only related to forex trading but also to the trading of crypto. When the price is low there is a huge demand for the crypto and this is what pushes the price up. When the demand is high and the supply is low the price naturally increases, due to the laws of supply and demand, and then when the demand is low and supply high, that is when the price drops down.


Looking to earn through posting on forums? Join Beermoneyforum where you can earn up to $12 daily for your posts! Follow this link to get started: https://www.beermoneyforum.com/?inv=126648

A simple, awesome faucet with payouts in BTC and TRX. Join now at https://moremoney.io/?ref=72749

Join this awesome forum for pay per post rewards: https://bizdustry.com/?referrer=5769

Share this post


Link to post
Share on other sites

Yes, that's exactly the market's supply and demand. but supply and demand were created by the people who bought it. Understanding the market is essential and important. Market analysis is the most important thing in trading analysis.

Share this post


Link to post
Share on other sites

Internal competition between cryptocurrencies also affects their value. The emergence of newer, faster and more efficient technologies on the market will affect the demand for old ones. So far, Bitcoin has taken a leadership position, but its technology has long been recognized as imperfect, the network will sooner or later reach a critical point, and then the coin will give way to more modern solutions.

Share this post


Link to post
Share on other sites

Most of successful trader's use this strategy, they always observe market economy, it's stock market are crypto market its not matters, but always follows currency market its helps to know the prices, and which way market goes and they follows market, then they decides how to use the strategy.


 

   

Share this post


Link to post
Share on other sites

This rules are the same impact on crypto currency as Forex currency the suplay and the demand have effect on the increase or the decrease of the price this the rule of every thing in market 

Share this post


Link to post
Share on other sites

Understanding the cryptocurrency market and how it moves will make you succeed in making a good profit and taking advantage of the opportunities well


 

Life is great and enjoy it

Share this post


Link to post
Share on other sites

Exactly it's not just important for become successful forex trader but this basic rules can also applied to crypto market as well as the stock market. You can't excel in trading if you don't understand this basic supply and demand process.

Share this post


Link to post
Share on other sites

This is the success of every trader to predict the price and be able to analyze it. In most cases, this knowledge is acquired through practical experience.

Share this post


Link to post
Share on other sites

Not only cryptos work in this way, but all other financial markets that are controlled by supply and demand, the higher the demand for a currency, the higher its price and vice versa occurs completely.

Share this post


Link to post
Share on other sites

It's really true and great advice, for one to become a successful trader he needs to understand or have this knowledge about supply and demand of a currency pair he chooses for trading.

Share this post


Link to post
Share on other sites

Well in some parts you are right as for the demand buy and sell explanation and everything else related to it.

 

But on other hand you have to explain that prices are not set by some "server" but rather by individual investors.

You set your own buy / sell prices from which you want to profit as.

 

So based on that prices will variety according with trades demands.


The Best Auto Faucet with levels - Highest Paying:

https://firefaucet.win/

The Best Auto Faucets with no minimum withdraw amount to ExpressCrypto!

https://autofaucet.dutchycorp.space/ | https://autofaucet.org/   |   https://autoclaim.in/   |   https://autobitco.in/

Share this post


Link to post
Share on other sites

You are right, demand and supply is what drives the market, in other words there is no way that the price of a currency goes up while the demand is decreasing and the opposite unless there is something fishy going on with the price and that platform that you get the price from, also about the news impact it's also true that world news have some effect on the price and forex traders should always follow the news because with that information you can predict the next trend more efficiently.

Share this post


Link to post
Share on other sites

Forex trading differs from trading cryptocurrencies and it is necessary to understand the differences between the two types and know the seriousness of the error in each of them. I find that Forex trading is more dangerous and needs independent monitoring of the market, but each of them has a principle that the higher the demand more than the supply the price will rise


                                                    BetFury                                                   

    🐥Twitter | 📩Telegram | 🎲 You play - We pay 🎲 | YouTube 🍿| Reddit  🕹

                                                  Free BTC 1 800 Satoshi every day                                                 

Share this post


Link to post
Share on other sites

Supply and demands plays really a crucial roles to affect the cryptocurrency market trends. If there is the bigger demands of cryptocurrencies, price will also be very high and if there is low demands, price will also be low, in this way, international currency exchange markets run. 


 

 

Share this post


Link to post
Share on other sites

Certainly the movement of the market is subject to many factors, including supply and demand for the currency. The more demand for the currency, the higher its price. Also, the whales greatly affect the price of digital currencies by pumping large amounts of currency.

Share this post


Link to post
Share on other sites

Usually when we place a buy order we ask for a certain price lower than the current market price. This means that we don't agree wtih the estimates of the market and other traders, so we ask to buy for lower. This is also demand though, but not at the current price. Markets are in equilibrium when buyers and sellers agree and the margins are really thin. Basically this is the reason that some traders don't distinguish buyers and sellers and say that for each seller there is also a buyer.

Share this post


Link to post
Share on other sites

Thank you for your knowledgeable posts, I know how crypto market working but my problem is I always lacking in which towards Bitcoin market going on. From today I will study Bitcoin market more carefully and try to get profit.

Share this post


Link to post
Share on other sites

Economic and global events certainly have a lot and a lot of effect on cryptocurrencies as we have seen the impact of corona disease on cryptocurrencies and I think this falls under the basic analysis line

Share this post


Link to post
Share on other sites

Definitely price of any coin or tokens or any commodity depends on demand and supply. If the demand of bitcoin or any other currencies is z high and supply is low then it's price will goes upstairs and we don't need worried about any projects which has great volatility and volumes. 

Share this post


Link to post
Share on other sites

Before trading or investment there are key factors that every trader should know of for example observing the market volatility and the type of coin that should be traded or invested at that time should also be considered.

Share this post


Link to post
Share on other sites

We have to learn how to read and understand the crypto currency market so that we can trade for a profit. Trading without understanding the market its like going somewhere for the first time and you are in the midnight and you don't know the road! 

  • +2 1

Time is the ultimate weapon!

Share this post


Link to post
Share on other sites

I think that understanding market processes and connections between different events is key skill of professional traders and investors. It`s very important to have these skills to be successful 


 

 

 

Share this post


Link to post
Share on other sites

The expert trader depends not only on the analyzes in front of him, but also the statistics of demand and supply, and through the news that are circulating, they have a change in the market, either to put up a rise in the prices of the day because the news is stimulating and opposite as well. In coding, it does not depend on news only, but the movement of the market. Whale owners have a role in influencing the market


Учитесь, учитесь и учитесь на своих ошибках :classic_smile:

Share this post


Link to post
Share on other sites

Frankly, crypto is a different market that contains more liquidity. Supply and demand move a lot of currencies, yes, but sometimes whoever has more liquidity is the one who moves the market.

Share this post


Link to post
Share on other sites

Of course, as traders we must understand market conditions, because it is a job that requires in-depth prediction and analysis, besides that the type of altcoin to be purchased must also be studied which altcoin is the best, indeed in the forex market and crypto market it does have similarities but what makes the difference is The crypto market is not affected by political, economic or global crises such as the current viral pandemic.

  • +3 1

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Recently Browsing   0 members

    No registered users viewing this page.

  • Topics

  • Сообщения

    • ⚡️ Клиентам “Сбера” заблокировали карты из-за крипты   Клиенты Сбербанка столкнулись с неприятной проблемой - блокировкой карт после совершения купли-продажи криптовалют. Банк посчитал эти операции сомнительными и теперь всем заблокированным нужно подтвердить источник происхождения средств перед банком. Для подтверждения необходимо предоставить банку скриншот личного кабинета криптобиржи, адрес сайта, пользовательское имя и историю транзакций.   🔥 Ethena Labs сделают аирдроп на 750 млн токенов   2 апреля DeFi-протокол Ethena Labs проведет аирдроп 750 млн токенов управления ENA среди участников программы поощрения Shard. Общий объем монет составит 5% от эмиссии. Пользователи получат количество токенов, 1к1 к набранным в ходе Shard баллам — «шардам» — до 1 апреля. Получить активы необходимо в течение 30 дней. А невостребованные ENA в дальнейшем разделят между всеми участниками аирдропа.   💸 Пятый по величине биткоин-кошелек перевел 94 500 BTC   23 марта пятый по объему хранящихся биткоинов кошелек перевел монеты стоимостью более $6 млрд на три новых адреса. 94 500 битковена лежали без движения еще с 2019 года. В итоге транзакции по суммам составили $5,03 млрд, $561,46 млн и $488,4 млн, а на балансе кошелька осталось 1,4 BTC.
    • Здравствуйте, уважаемые пользователи!   Хотим Вас уведомить, что на сайт добавили следующие направления обмена: Ripple XRP > Ethereum ETH Ethereum ETH > Ripple XRP
    • ❗️Уважаемые клиенты, Вашему вниманию курсы на начало дня❗️?Желаем вам быстрых и выгодных обменов?   Сбербанк RUB → Tether TRC20 USDT - 1USDT → 98,50RUB Сбербанк RUB →Приват24 UAH→ 2,70RUB Тинькофф Банк RUB→Приват24 UAH→2,70RUB Тинькофф Банк RUB→Tether TRC20 USDT→98,50RUB Сбербанк RUB →VIsa/Master Card UAH→2,70RUB
    • Дорогие пользователи rebex.io, мы рады сообщить вам о запуске обновленного дизайна нашего сайта!    После длительной работы над улучшением пользовательского опыта мы представляем вам обновленный и более современный дизайн, который делает процесс обмена криптовалют еще более удобным и приятным.   В новом дизайне вы найдете более интуитивно понятный интерфейс, улучшенную навигацию, а также стильный и современный дизайн, который делает наше использование сайта более приятным.   Мы уверены, что вы оцените улучшения, которые мы внесли, и с удовольствием будем продолжать предоставлять вам лучший сервис обмена криптовалют. Благодарим за ваше доверие и остаемся вам верными!    С уважением, команда rebex.io.
    • Надежный и удобный обменник. Никогда не подводил, всегда выполняет транзакции быстро и без лишних проблем. Заявки обрабатываются почти мгновенно. Спасибо всей команде.
    • Сам тоже думаю не садиться в этот поезд, а то пошёл там выполнять их задания в Гелакси и только сбои да сбои, надоело там раз разом крутить кнопку проверки. Почему всё так происходит не пойму, полностью отбили мотивацию.
    • Если их машина по сжиганию будет работать отлично, то и токен будет в будущем расти из-за сокращения его огромного количества. Пока как знаю дела в этом направлении идут не плохо, но рост конечно идут за счёт Битка.
    • Да это уж многих удивило, сам тоже увы не в теме, хотя крос у меня стоил 10$, если был бы 100$, то точно зашёл бы в тему с ремонтом, а там уже каждый день за 20 дайсов мог бы получать по 0.5$ за 20 секунд.  Кстати у вас всё ещё видны ваши кеды ? Их можно ремонтировать 🤔
    • Да, типа это пользователи так сделали, что форум на дне, а ведь с самого начала нужно было понять, что на одной оплата так далеко дело не пойдёт. Нужно было с самого начала работать над качеством пользователей и жёстче бороться с ботоводами, мотивировать на создание топиков, дать возможность размещать реф ссылки во всех разделах форума, в том числе и сокращение ссылки, подключить рекламу к форуму, если так плохо дело с подписанными. И это только начало списка, где всё это можно реализовать, но нет никаких действий очень долгое время.
    • Отлично, что и у вас получилось, теперь можно будет вникать в тему, где как заметил сами их квесты много времени не отнимают, ну кроме проверки. Сделал всё, оставил на час или вообще зайдёшь завтра и уже можно минтить поинты.
×
×
  • Create New...