Finance is less understood topic till today.Those who understand the finance earn a lot of money.Do you know the basics of finance?
Your answer might be yes.Becuase everyone thinks he have extensive knowledge of finance.Infact me myself think that understanding of finance is inborn.One don't need to go to any institutions to learn finance.What things matter is how much you have experience in this field.
Every business around us involves finance in many sorts.Some time you need to do marketing of your products, sometimes you want to increase the price and so on.
One important thing in finance is Demand. A lot of factors including price depends upon demand of thing.Every currency , Every product finds its price due to demand.
Todays Bitcoin price is about 11000 USDs.Its all about due to demand of Bitcoin.Due to utility of Bitcoin more and more people want to buy Bitcoin which increase its importance and demand as a result we see an inflation of price of Bitcoin.
Can you imagine if all the people want to sell Bitcoin , No one want to buy Bitcoin what will be its price??
Keep in mind that if you want to launch anything it must be of prime importance.It must be of daily utility so people want to buy your product and its price may increase.
On the other hand if something lost demand no matter how much costly it is its price will decrease tremendously.For example people are buying more and more gold due to some of its qualities its price is increasing daily.
But can you imagine if with all these properties present but people stop buying gold rather they prefer to sell their gold what will be its price??
I think if all the people want to sell btc but no one want to buy price will be zero dollars Is not it