Hello, community. Political, economic and social news in the media significantly affect the life and behavior of the crowd. How can crypto news affect the movement of the market?
Today, almost anything affects the market. Any news, any school, anything can raise the course or kill a coin. And not necessarily what it would be true.
If you are a wise man, no one can affect your decision to invest in the cryptocurrencies. Even if the market falls, you know that it is the temporary event. Everything will be restored.
no one knows if the dip is temporary or not , not even you . what if the dip remains over a year ? just like what happen last year . how can you say that it was only temporary ? one year is a verry long year so its not considered temporary . the dip will also depend on your coin choice . let say you pick a bad coin , do you think the dip of your coin is temporary ? what if the coin you chose is a pump and dump ? after the dump the coin cannot possibly recover anymore . being wise is not enough meyt , keep that in mind .
There is nothing permanent on the market, prices will always change and what changes the market is the user's own actions, and of course stupid choices such as panic selling will worsen the market, I hope not many stupid people do panic selling when prices try to recover..
for those who don't know about crypto, I think many do that stupid act, like in 2018, where many panic events sell in my opinion, so prices always move down, they are afraid to lose more money