understanding the relationship between supply and demand Ethereum Classic (etc.)
In the great world of cryptocurrencies, only a few assets have attracted the attention of both investors and traders like Ethereum Classic (etc.). One of the first decentralized applications that exist for Ethereum Blockchain, etc., created a loyal tracking -among cryptographic fans. However, as in the case of any other cryptocurrency, its price is influenced by two key directions: offer and demand.
In this article, we will enter into the relationship between offer and request, etc., studying who leads an active price movement and how traders can use this knowledge to make conscious investment decisions.
What is delivery?
Delivery refers to the total amount of certain cryptocurrencies exist in circulation. Since the launch of the Ethereum Classic protocol in 2016, if the Ethereum Classic protocol was launched, its total offer is limited to 90 million units. This restriction ensures that investors and traders provide over time.
What is the request?
The request refers to the purchase pressure that investors are trying to buy. In other words, the demand denotes the number of units, etc. that are purchased or sold on the market at any time. This request can be affected by a variety of factors including:
* Merchant expectations : What are traders expect from etc? Looking for a particular price or result range?
* market mood : How is the general mood of the market, etc.? Is it a bullish (upward trend), a bear (downward trend) or neutral?
* Interest rate : What interest rate do investors pay for it, etc.? A higher interest rate can increase the purchase pressure.
* Network effects : As more users join and interact with the Ethereum Classic network, the demand for etc. Can grow.
The bond between the offer and the request
When the active delivery increases or decreases, it can affect its price. If:
* Increased delivery : if the total etc. they are increased etc. Delivery, but the demand is still relatively stable, the price can increase due to the increased accessibility of the units.
* Reduced delivery
: and vice versa if the total, etc. Increasing delivery and demand, the price can decrease as several investors try to buy an asset.
main techniques
Understand the relationship between offer and demand etc.
1
Supervises the state of mind of the market : Follow the feelings of traders and investors, etc.
- Analyze the effects of the network : As new users join Ethereum for the classic ecosystem, this can affect the demand, etc.
3
Consider interest rates : Interest rate changes can affect the attractiveness of investments, etc.
- Follow the supply covers : Total etc. Delivery is limited to 90 million units that provide the basis of price stability.
Conclusion
Understanding the relationship between offer and request for Ethereum Classic (etc.) is essential to raise awareness of investment decisions. By monitoring the mood of the market, analyzing the effects of the network, taking into account the interest rates and following the maximum delivery prices, traders can get a valuable perspective on the potential movements of the active price prices. As in the case of any cryptocurrency, it is important to do your own research and watch the latest events in the ecosystem, etc.
additional resources
For those interested in learning more about Ethereum Classic (etc.) and relationships with offer and request:
* Ethereum Classic Whitepaper : Available on the Ethereum Foundation website.
* Ethereum Classic Wiki : A comprehensive resource for understanding the classic Ethereum protocol.
* cryptocompare etc. Price diagram
: provides real time data, etc.