Post
Topic
Board Trading Discussion
Re: So many good news but Market and coins don't go up
by
Rengga Jati
on 23/11/2022, 23:08:34 UTC
Why coins not going up ?
If good news coming then price should follow instantly.

Because, getting here, people are increasingly realizing that it takes bigger news to make crypto go up again. And some good news can only make crypto go wild for a while and then dump again. This has made several games in the crypto market unchanged. This is different when there is FUD being spread, the crypto market will more easily drop and even crash by itself. Why? because many people panic very easily and choose to make decisions quickly.
People may think that the crypto market will be rising up only after the Bitcoin halving happened. Although there are some altcoins that are able to skyrocket, they will be crashed easily after reaching their ATH soon. This is because of the scheme of pump and dump that always happen in this crypto market. And this, becaosem also one of the bad things of crypto market so far.