Where do crypto prices come from?
Most nocoiners and newcomers to the world of cryptocurrencies are consumed by a common fear:
"What if the coin I bought crashes tomorrow? Why does it even have a price?"
Due to a lack of understanding about how the price of a cryptocurrency is determined, many people assume that the entire crypto market is just a "casino," where coin prices are seemingly just "made up" and not subject to analysis.
But that's not the case!
The price of cryptocurrencies, like any other commodity/asset/service, depends on the market forces of supply and demand. In our article "Where do crypto prices come from?
I explain exactly how the price of coins is formed and the role that cryptocurrency exchanges play in this.
I highly recommend checking out the article for a better understanding of the market in my next post. if my post is help please Give Tips.