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Why does a crypto rise or fall? — Day 10 of my diary on BinanceHello! Day 10 of my diary on Binance. Several days have passed since I started with 0.06 USDT and I've learned a lot. But something keeps bothering me: why does a crypto sometimes spike suddenly... and then crash? And why do some not move at all even though everyone talks about them?
Today I started researching why a crypto goes up or down. Here I explain it simply.
🔼 What makes a crypto go up?
- Increases in demand: The more people want to buy, the higher the price goes. Sometimes due to hype, other times for something real.
Why does a crypto rise or fall? — Day 10 of my diary on Binance
Hello! Day 10 of my diary on Binance. Several days have passed since I started with 0.06 USDT and I've learned a lot. But something keeps bothering me: why does a crypto sometimes spike suddenly... and then crash? And why do some not move at all even though everyone talks about them?
Today I started researching why a crypto goes up or down. Here I explain it simply.
🔼 What makes a crypto go up?
- Increases in demand: The more people want to buy, the higher the price goes. Sometimes due to hype, other times for something real.
Today I started researching why a crypto goes up or down. Here I explain it simply.
🔼 What makes a crypto go up?
- Increases in demand: The more people want to buy, the higher the price goes. Sometimes due to hype, other times for something real.
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