I'm trying to get into crypto trading but I'm still unsure of how to properly gauge at which point I should be investing and at which point I should be pulling.
I know that demand and supply, consumer sentiment often drives the value of crypto. For instance, recently Paypal added support for coins in certain countries, making the coins more accessible, bringing the value of those cryptos up higher.
The recent fall in pricing for crypto again, was related to the tweet by Armstrong claiming rumours that regulations may be added regarding self-host crypto wallets.
Even so, I still have no clear answer to "how much is BTC/ETH/LTC really worth?" at this point in time. Is it all just pure market sentiment? If so, how do you actually invest "sensibly" in this and be as informed as possible?
Originally from Litecoin https://ift.tt/3laPSSL
Litecoin, the leading cryptocurrency derived from Bitcoin. Litecoin is developed with a focus on speed, efficiency, and wider initial coin distribution through the use of scrypt-based mining.