More than 50% of European families have some investment in digital currency. The average European family sees crypto as a viable investment and savings option. This was discovered in several recent surveys conducted over different demographic areas. Despite the volatility of the crypto space, as recent events highlight, it has seen a continuous rise in new investors. More people are committing to crypto investments and many of them are taking steps to buy into the growing market. The flurry…
Tag: Crypto Prices
What Influences Price In The Crypto Market?
As a notoriously volatile landscape, there's a tremendous opportunity to make (or lose) a lot of money in the crypto market. Wouldn't it be nice if we knew where prices were going to move in advance? While there's no crystal-ball method to predicting these sorts of things, cryptocurrency prices are far from random. However, we can make generic forecasts about where a coin is headed by paying attention to critical variables. Besides day-trading, this can even help long-term investors determine…
6 months ago 332
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Understanding the Concept of Continuation Triangles When Predicting Crypto Prices
Financial and crypto markets are some of the greatest investment options of our time, but they are probably the most complex. Even expert traders often make mistakes that lead them to losses, and the losses are always increased due to the market volatilities. However, some traders have garnered the expertise of understanding the market charts, the supports, resistance, and breakouts. Often, some use tools designed to help understand the market, and one of those indicators is the continuation patterns. As…
1 year ago 222
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5 Key Factors That Drive The Changing Cryptocurrency Prices In 2020
A central government or authority does not control cryptocurrencies, and they have a fixed supply, which makes their devaluation via inflation mostly nonexistent. Many people consider cryptocurrencies short-lived and unreliable, mainly as it could be unclear what affects their value. Besides, many enthusiasts don't know if it is possible to predict future crypto prices. Crypto prices primarily depend on the value consumers place on them. A positive attitude from society is, therefore, vital to the value of crypto assets. There…
2 years ago 256
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