Post
Topic
Board Marketplace
Re: Positive or negative promotion strengthens crypto market?
by
audaciousbeing
on 09/10/2018, 05:32:50 UTC
Positive promotions brings more investors fall into crypto market. Yes and this is agreed. I would like to say that negative promotion filters strong and confident investors in the market. How do you see it? I say we need strong and confident investors in the crypto market then investors who just look for huge profits a sudden and leave out for another platform if they do not see profits within the time they expect. Whats your thought on it?

For a business that is established, no publicity is bad publicity because every thing can be turned into more popularity. A perfect example is Nike whose advertisement at specific times have been riddled with controversies but comparing their revenue at this period brought about significant increase to suggest that even the bad publicity is good for them. But the same cannot be said to be for other companies that just one bad publicity sent them out of business for example can't remember the name now, the company with data issue with Facebook.

In the case of bitcoin, I think that positive promotions is what focus should be made as that could also be interpreted to be bad because of some certain people who are bent on seeing its end. On the strong investors, we actually need more than that in the crypto market because the percentage of the strong investors are not enough to push to the intended height but the interest of both the weak, disturbed, uncertain, and once a while investors needs to be met in the market.