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Bennie Pringle

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    1. Asked: May 22, 2021In: Finance

      What factors influence crypto currency?

      Bennie Pringle
      Bennie Pringle New You
      Added an answer on May 24, 2021 at 11:08 am

      The prices get affected by the demand and supply for the cryptocurrency. Moreover, the supply for cryptocurrencies is limited which makes it a major factor in determining the price. Blockchain requires a huge amount of energy to operate and to mine the cryptocurrencies. Energy is also consumed to maRead more

      The prices get affected by the demand and supply for the cryptocurrency. Moreover, the supply for cryptocurrencies is limited which makes it a major factor in determining the price. Blockchain requires a huge amount of energy to operate and to mine the cryptocurrencies. Energy is also consumed to make the Blockchain more secure which affects the prices too. A cryptocurrency can be utilized as a mode of payment or as an investment. Depending on the usage and popularity of the cryptocurrency the price fluctuates making it prone to volatility. The perception and attitude of the public towards a cryptocurrency also determines the fall or rise of the cryptocurrency. Bitcoin is considered the reserve currency hence any change in the price of Bitcoin can influence the price of other cryptocurrencies. Any positive or negative action from the government with regards to cryptocurrency can influence the prices in a similar manner.

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    2. Asked: May 22, 2021In: Education

      How can I learn to read fast?

      Bennie Pringle
      Bennie Pringle New You
      Added an answer on May 24, 2021 at 11:08 am

      It really depends on the person trying to learn. I know someone who has done everything he can to improve his reading speed, for decades. It is something he works on continuously in his life, because he is a slow reader, but needs to read a lot for his career. Some people are just never going to beRead more

      It really depends on the person trying to learn. I know someone who has done everything he can to improve his reading speed, for decades. It is something he works on continuously in his life, because he is a slow reader, but needs to read a lot for his career.
      Some people are just never going to be speed readers. But most people can increase their speed. Still, it isn’t usually easy to increase one’s speed of reading, so the premise of the question has a problem.

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