🐋 Beyond watching price charts, you should also understand these basics: market cap and trading volume
Circulating market cap is generally the current price multiplied by the circulating supply, and is one of the most common figures used to measure a coin's size.
Market cap is a figure derived by multiplying the price by the circulating supply; it does not represent actual money flowing in. When trading is quiet, even a small amount of capital can significantly move the market cap.
A quick look: $BTC is quoted at 77922.56, 24h -0.076%.
Uncertainty is always present in the market, so decide in advance what you'll do if your judgment turns out to be wrong.
Circulating market cap is generally the current price multiplied by the circulating supply, and is one of the most common figures used to measure a coin's size.
Market cap is a figure derived by multiplying the price by the circulating supply; it does not represent actual money flowing in. When trading is quiet, even a small amount of capital can significantly move the market cap.
A quick look: $BTC is quoted at 77922.56, 24h -0.076%.
Uncertainty is always present in the market, so decide in advance what you'll do if your judgment turns out to be wrong.
