Quote from: hashshashin on October 09, 2018, 07:24:08 AM

Quote from: BCTalkaccountforsale on September 09, 2018, 03:35:51 PM

The continuous decline in Bitcoin prices may make investors very nervous and many people have lost confidence in Bitcoin as well as crypto.
This is a very normal psychology and nothing strange in life, in any field, there are two emotional state is governed by FEAR and GREED.
Especially in the financial market, not just the crypto market, when prices are rising, people often feel GREED, focusing only on positive trends and never thinking about trends. Negative, when the price goes down, then the person feels FEAR, then focus only on the negative trend and never thought that everything would be positive again.
Talk about this for people to imagine that believing in a current trend is only relative and timed, so look at the market trend with an objective eye (out-of-game) so that If not, then it will not be absorbed in the psychological game of the market. Finance is a game of psychology!
What do you think about this?

An interesting assumption. I agree that all living people and everyone has their own emotions and thoughts, but the factor of psychology is not the main one, and only he cannot influence the whole market of crypto-currencies

Of course it is also affected with psychological and emotional factors in which peoples decisions and judgment, will sometimes based, but in the realty the market is based on demands and supplies once market. Is in higher demand because of the uses, like some companies using bitcoin as a medium of payment, trust is very essential, should develop a better security integrity.