Can human stupidity affect the movement of the market?

[mikan111]

Human stupidity can affect anything, so it can affect and movement of the market. As I can notice, the human stupidity is the most common occurrence on this planet!

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[Andrew S]

And we are all subject to human stupidity.  We will do as big cones want and we will buy what they tell us.

[Wittycoin]

Of course, the movement of the market depends on human`s decision if many people are willing to buy then the market will climb higher but if human are stupid enough and make decisions because of their emotions and sell, then the market may end up dropping plus humans may end up having loss because of this stupidity. As I said, the movement of the market depends of human`s decisions.

[rainezerr]

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?

Yes it can actually affect the market price in both negative and positive way, i believe that there is a fud somewhere in other country that is spreading so the market prices right now is fluctuating.

[I Like Bitcoin]

Yes, human stupidity affects the movement of the market, that's why the press creates so much fake news.

[gareng1468]

Of course, the movement of the market depends on human`s decision if many people are willing to buy then the market will climb higher but if human are stupid enough and make decisions because of their emotions and sell, then the market may end up dropping plus humans may end up having loss because of this stupidity. As I said, the movement of the market depends of human`s decisions.

I agree. but not all human folly can always affect the market. a fluctuating trading exchange gives a panic sales effect but if the currency is strong in trading it will not have much effect. but when the market price goes down some savvy people will take advantage to buy again. this is not exactly the foolishness of a human being that's what the crypto market is.

[kiboloves]

Because the encryption market is an immature market, if there are negative encryption news will spread in a short time, people will panic because of FUD.

[ngano ba]

It can , the stupidity affect the movement of the market ,it is because some person with a stupid mind always panic when there are sudden change on the price value of the market coin, for example this bear market season they will panic selling so it will create market imbalance that affect the market price value.

[ov3rflow9x]

of course any ignorance will surely affect any market including for the currency crypto. therefore we can only wait for the ignorance of the people in the crypto world to disappear.

Maybe you're right but I think the main part of that people are only thinking about investing in Bitcoin. But in work was it there are always fact of human.

[sevenbits]

I would call it nervousness, not stupidity. often the market starts to fall simply because of panic sales. I think with time the market will outgrow it.

[Bountyl]

If under human foolishness you mean one day to buy hundreds of millions of dollars or vice versa to sell literally everything, then this will affect the market and will be visible immediately. But I doubt that this will be at the same time in all people.

[3la9l_kolbaCa]

of course any ignorance will surely affect any market including for the currency crypto. therefore we can only wait for the ignorance of the people in the crypto world to disappear.

Maybe you're right but I think the main part of that people are only thinking about investing in Bitcoin. But in work was it there are always fact of human.

Exactly! People go into battle having no enough weapon and with lacking preparation that results to be lost along the way. It is important to do research and formulate not only a plan, but with back up, so that whatever happens or should their be any downturns you know what proper approach to consider or apply. Uninformed decision and panicking can be the cause of increasing and decreasing number of demand. It's better to stay patient, positive, and hopeful.

[crypto90]

Human stupidity can affect anything in a negative way. Media cwn also influence crypto in a big way depending on the story it tells, because a lot of people just act without researching if something is true or not. So a fals news can do a lot on the crypto market

[Renai0925]

IN this age of fast information technology news spreads like wildfire and affects everyone in undetermined ways. But yeah, people are easily swayed with negativity since it's easier to give in to fear.

[Pumapipa]

For the title, i guess it is not "stupidity" but rather it is more of a panic sell. Usually, those who are not willing to take risk most probably fall into panic selling and are carried by the waves of FUD. One must really know the insides of the world of cryptocurrency. Because chances are if we dont really dig into this, the market can be vicious.

[Baronggot]

There are lots of ways to define stupidity committed by people in relation to cryptocurrencies' value. For example, a person who always spreads FUD during crisis can affect other people's faith on bitcoin and crypto for their faith may be weaken that would push them to sell their cryptos at a lower price.

[Biggapp]

I would call it nervousness, not stupidity. often the market starts to fall simply because of panic sales. I think with time the market will outgrow it.

Well it is foolishness to some extent because when they all know that rise and fall is the nature of bitcoin and it will never remain the same then selling it is fool decision I don’t know why people lose patience when the clearly know that soon price will be high again but they sell at panic and makes the market even more and more down, so people should be wise while spending their investment.

[BartS]

Exactly! People go into battle having no enough weapon and with lacking preparation that results to be lost along the way. It is important to do research and formulate not only a plan, but with back up, so that whatever happens or should their be any downturns you know what proper approach to consider or apply. Uninformed decision and panicking can be the cause of increasing and decreasing number of demand. It's better to stay patient, positive, and hopeful.

What it happens is that people do not want to do what it is necessary to become rich, I have seen studies that shows that poor people when asked, do you have a plan to become rich and which is it? They answer winning the lottery, and we know that is not really a plan and those that invest without any knowledge in the market are just wishing winning the lottery and invest in a coin that goes 100x without having to do any study and that is simply not going to happen.

[jeronimosuykens]

There are lots of ways to define stupidity committed by people in relation to cryptocurrencies' value. For example, a person who always spreads FUD during crisis can affect other people's faith on bitcoin and crypto for their faith may be weaken that would push them to sell their cryptos at a lower price.

The panic and anxiety of investors have a great influence on the market trend and become the prey of whale investors who want to navigate the market in their own way. Not much knowledge and experience in this market are fundamental factors that cause investors psychological crisis.

[drm]

Exactly! People go into battle having no enough weapon and with lacking preparation that results to be lost along the way. It is important to do research and formulate not only a plan, but with back up, so that whatever happens or should their be any downturns you know what proper approach to consider or apply. Uninformed decision and panicking can be the cause of increasing and decreasing number of demand. It's better to stay patient, positive, and hopeful.

What it happens is that people do not want to do what it is necessary to become rich, I have seen studies that shows that poor people when asked, do you have a plan to become rich and which is it? They answer winning the lottery, and we know that is not really a plan and those that invest without any knowledge in the market are just wishing winning the lottery and invest in a coin that goes 100x without having to do any study and that is simply not going to happen.

That basically equals to no plan