Post
Topic
Board Economics
Re: Can human stupidity affect the movement of the market?
by
LuffyD.Monkey
on 28/09/2018, 11:39:14 UTC
Hello, community. Political, economic and social news in the media significantly affect the life and behavior of the crowd. How can crypto news affect the movement of the market?
People are the major fuel powering the crypto market. News which attacks cryptocurrencies only evokes FUD in the atmosphere and with this, a good number of potentials investors are turn away from crypto due to the fear of losing their investment. It is very necessary to be careful with the kind of topics, comments, and news we create about the crypto market.
No, I do not think so, because not everyone will make mistakes while taking his decisions about his holdings. It is not a small market that will be influenced by the wrong decisions of few people. Wrong decisions will affect persons individually but not overall. Huge investment or withdrawal can affect the market, as it is today that people do not want to put their money in it and the price is not growing.