Knoqnoq Forum: Everything You Want to Discuss, Most Discussed in India
Search
Reply: 1

Why do cryptocurrencies increase and decrease in value so quickly?

[Copy link]

11

Threads

61

Posts

243

Credits

Intermediate member

Rank: 3Rank: 3

Credits
243
Post time 8-8-2023 15:05:57 | Show all posts |Read mode
The value of cryptocurrencies fluctuates regularly in the market due to a number of variables. My investment in cryptocurrencies caused me to observe a spectacular price increase followed by a sharp decline, which had me wondering about the causes of this volatility.
Reply

Use magic Report

3

Threads

16

Posts

100

Credits

registered member

Rank: 2

Credits
100
Post time 8-8-2023 16:28:51 | Show all posts
The main theory behind cryptocurrency value is if enough people agree it is valuable, then it becomes more valuable.
Reply

Use magic Report

You have to log in before you can reply Login | Register

Points Rules

Quick Reply To Top Return to the list