What Makes Bitcoin & Crypto Currencies Go Up In Value?
See the 4 main ways a cryptocurrency can gain value & make the investor more money. 1) Community involvement - hype 2) Scarcity - rarity 3) Coin’s utility – use case 4) Demand.
👉 Get Binance ► https://bit.ly/3sktOdt
👉 Get Coinbase ► https://bit.ly/3yWwi4t
↑ ↑ ↑ ↑ ↑ ↑ ↑ ↑ ↑ ↑ ↑ ↑ ↑ ↑ ↑
👉 This video showcases the four main ways a cryptocurrency can gain value and therefore make the investor more money. 1) Community involvement - hype 2) Scarcity - rarity 3) Coin’s utility – use case 4) Demand – how much.
What Makes Bitcoin & Crypto Currencies Go Up In Value? Transcript:
Hello everyone and welcome back to trader gainer. In today's video, we're gonna be speaking about how the cryptocurrencies gained value? Well, it's a very important question that each and every one of us should ask ourselves, guess why, because if we want to invest in something, we want to make sure that its value goes up, because if it goes up, that means we're making money. Make sure you stay tuned to find out how cryptocurrency makes money, see.
And before we go straight into the video, make sure you go and check the links in description down below, they'll be able to give you some discounts, or at least you'll be able to make some passive income if you go and join them. And without further ado, I think it's time to get straight into it and how you guys can gain value from the cryptocurrency world. In today's video, there's going to be four different things that we're going to be discussing.
And mainly they're going to be about how cryptocurrencies gained value, as you probably thought about the thumbnail, and everything else that's happening across the video so far. The first one is community involvement, also known as hype, it's super crucial that we all understand that hyperlink can actually dramatically increase the value of cryptocurrency.
And pretty much all that matters is that they have a big amount of influencers at the back of their community, or if they have some people who are, you know, really involved within the community, or there's tons of people within those Reddit pages, you know, or something, of course, different social media platforms, that is going to create the hype. If it does create the hype, what matters is that the price of it is going to increase, and therefore you're going to be making money. The second thing is this core city are also known as rarity.
Obviously, as Bitcoin we all know, the Bitcoin, the coin itself, there's only 31 million that have been generated so far across the world. But what does that mean? its course. So there's only 31 million. And what does that mean? That means that you guys, if you want to make some money off of the cryptocurrency world of Bitcoin, necessarily, you need to have a big portion of Bitcoin or even a small portion doesn't really matter.
But because there's only a few of them left, a lot of people will want them. So it's the same way as with everything in the world, the less there is of something, the more is going to be wanted. So that's known as scarcity.
The third thing, and actually one of the most important one is actually the use case, are also known as you know, how it's going to be implemented within the real life scenario. And all that matters here is that there's actually an implementation for it. For example, there's different coins such as V chain, you know, there's quants, there's also you know, Bitcoin, aetherium, and so on, and so on.
But all that matters is how are they going to get implemented, for example, there's a cryptocurrency, which is going to be implanting into the supply chain of a company and is going to have a super big, you know, scalability potential. And that's going to also decrease the costs on what they're, you know, spending on day to day basis, and therefore, they're going to have much bigger profits, they're going to be putting more dividends out to their investors, and so on.
And if you have all those three bullet points covered, and you know, that's that's pretty much it, that means that the price of it is going to immediately increase without, you know, you understanding even how it happened throughout the day, throughout the week, throughout the month.
Affiliate link disclaimer: If you click the links in the description and get a hosting provider, we may receive a commission. With that said, we don’t let brands dictate our opinions - if we said it, that means it’s what we truly believe. Buying through our links will not cost you anything extra and as a matter of fact, may cost less due to discounts.
Please give my video What Makes Bitcoin & Crypto Currencies Go Up In Value? a big thumbs up
#Bitcoin
#Crypto
#Cryptocurrency
Comments
Post a Comment