Describing the Market

[Deleted member 403]

Could you describe the Crypto Market to a friend or family member that has no knowledge of crypto currency? I can. For example, the tide comes in and then comes out again. This implies that when there is a surge in price, a dip is inevitable.

 

[Eodine]

the recent pump in price in bitcoin during it's bullshit run was enough proof for me to show a distant relative how profitable crypto currency can be which he also took note of and registered. The crypto currency Market is a profitable market worth marketing.

 

[Dowenship]

Could you describe the Crypto Market to a friend or family member that has no knowledge of crypto currency? I can. For example, the tide comes in and then comes out again. This implies that when there is a surge in price, a dip is inevitable.

Lol.... I believe you introduced them to risk management first before anything else such is really good. But we both know that's not enough info for them to know. They have to know the votality involved and the change in price per seconds or min.

 

[Ralphjoe]

The crypto-currency market is a very volatile market and I would advise anyone that trade on that market to pay attention at all the time because the prices of cryptocurrencies can dip at anytime so that they can know when to dump their cryptocurrency and when to buy and when to sell.

 

[Nomad]

Cryptocurrencies are digital assets that are very volatile, but if you are patience enough to hold it for long term, you will ultimately benefit from crypto currency investment.

 

[akinlolu99]

From what i have learnt so far the market, in crypto terms is a place for buying and selling all manner and types of currency depending on the current value of the currency at that given time. But from what i like about it is that you can deal with someone and not get scammed because i used to fear someone could get jolted, maybe after receiving crypto then refuse to pay up.

 

[tyrim88]

Could you describe the Crypto Market to a friend or family member that has no knowledge of crypto currency? I can. For example, the tide comes in and then comes out again. This implies that when there is a surge in price, a dip is inevitable.

The crypto market is a virtual curency market,its value at any point cannot be asertain,that is why the fluctuations is determine by market force of supply and demand.And it is very risky because of these factor.