Quote from: Fredomago on December 02, 2022, 03:45:03 PM

Quote from: tygeade on December 02, 2022, 11:58:10 AM

Quote from: len01 on December 01, 2022, 08:04:16 AM

try to get out of the news. because the market will not be affected by any news, unless it is dominated by bitcoin prices increasing every bullish comes and all coins or altcoins will also increase in price.

So in conclusion, don't expect an increase in crypto prices from other people's tweets or tweets by artists when the bearishness is still going on. it's not going to change the market for the better.

Market is fully controlled by the news, any bankruptcy, any tweet, any regulation could make sure that the price changes right away. Hell we sell or buy based on if Elon tweets something, it's that simple to change the whole market. Does Elon himself change it? Of course not, it is the people who buy or sell based on what he says, so it is still the people, so the same people could make it go up right now, without news or tweets, and yet they don't and wait for that to happen.

So, it is clear that people look for whatever is going on before they end up with a big rush to crypto to do anything. News is the thing that decides on the price, and that will stay the way it is for a long time.

News are the turning factors on when traders and investors will move their money, they are mostly relying with what news will come and how it will impact to the entire market, I think or I believe that it will continue being part of any industry, traders / investors are always hoping to find edges to make a valuable picks.

Though, there are also people who are part of those big bag holders / whales who make artificial market movements.

They are doing things that will reflect to the market and make other traders believes that the market will be going to that
particular directions.

but these investors are definitely more likely to look at genuine news when looking to move their money. I mean big investors usually only rely on news from certain trusted sites to see the latest news before investing in the crypto they want to buy.
but what I know is that big investors usually don't rely on news but they prefer their own analysis and of course big crypto investors usually prefer investing in bitcoin.
because we know that bitcoin even though there is a lot of bad news about it all, when bullish it will still go up very high in price