Alexandoy
VIP Contributor
This topic is actually a question and not the answer. I have been researching about crypto currency since last year. My understanding of crypto is not deep yet but I have a clear idea that it is a commodity. The crypto currency can be compared to corporate stocks that you can trade. Like the stock exchange the crypto currency has also an exchange market where you can buy and you can sell. Just take note that you have to spend for the charges when you transact in crypto currency.
With the corporate stocks the market price is also affected by the financial performance of the company that owns the stocks. With crypto currency the only factor that affects the pricing is the law of supply and demand. Making it worse for small time players is that the market price can be manipulated. There is a current hype so the people are not aware of the price manipulation.
With the corporate stocks the market price is also affected by the financial performance of the company that owns the stocks. With crypto currency the only factor that affects the pricing is the law of supply and demand. Making it worse for small time players is that the market price can be manipulated. There is a current hype so the people are not aware of the price manipulation.