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Have you ever wondered how cryptocurrencies work and how they gain their value or price? This video demonstrates a simple thought experiment to show you how the crypto you own, such as Bitcoin (BTC), Ether (ETH) or Ripple (XRP) gets its price. if you're a beginner to crypto and cryptocurrencies, this video is for you! ======================================== Earn yourself $25 FREE by signing up to Crypto.com and staking CRO for a Crypto debit card. ( I'll also get $25 free which helps support me to continue making more videos!): https://crypto.com/app/vzwwhevwgv Use our referral link to sign up and get a slightly better interest rate on all digital assets available on POKKET (We also get a small payment for you using the service!) https://pokket.com/login/eeenig Buy my book 'Crypto Profit' it's your expert guide to financial freedom through cryptocurrency investing: https://tinyurl.com/yydl28ud Check out my Social Media: Facebook: / thecryptoprof Website: https://www.thecryptoprof.com/ ======================================== Hi. I'm Peter Bryant – the Crypto Professor. No, unfortunately, I am not yet a 'real' professor (but my Master's in Psychology is excellent for trading!). I do have 'real world' experience in helping investors with their crypto. My experiences at an alternative investment firm convinced me that anyone can be profitable with crypto. This channel exists to teach you to profit & avoid the many pitfalls. Whether you're a speculator, blockchain enthusiast or developer, I hope to provide frequent inspiration, critical analysis, & a healthy dose of critical thinking to the newest, hottest & most profitable asset class ever. If you prefer the more popular coins such as Bitcoin (BTC), Ethereum (ETH) or Ripple (XRP), great! However, there are a lot of tokens that I am very excited about, such as Syscoin (SYS), Dragonchain (DRGN) or Crypto.com chain (CRO). Watch my weekly in-depth analysis into different crypto called 'InCrypto InDepth' for updates on the next likely crypto profit opportunity!