Post
Topic
Board Altcoin Discussion
Re: Crash or new sunrise of crypto
by
ene1980
on 20/08/2021, 23:18:28 UTC
~
rumors, fud, regulatory issues, even a tweet from an influencer can move the market, so I totally agree that the crypto market is very manipulative. but this is what makes this market fun. There are many unexpected surprises that keep us always feeling challenged. even continuous increases are not healthy for the market, occasional correction is needed to maintain the market ecosystem. In addition to understanding market analysis, we also have to update news, expand knowledge and strengthen mentality to survive in this market.
The manipulation would affect only when the market is at a place when it was rallying for a while and now seeking direction and if a bad news hits the market everyone would make this as the reason for the correction. What i have noticed is that whenever the price started to build momentum sometimes none of the negative news will not have any impact. So it is hard to predict exactly what happens and it is fun because i am here for the long haul and these short term corrections does not bother me  Grin.