Can human stupidity affect the movement of the market?

[deppil]

Whatever we are doing with the our coins definitely affect the movement of the market.We all know that the price of any cryptocurrency depends upon it's demand and here demand is the number of people buying and selling .So with an increase or decrease in the demand the price increases or decreases .The demand of any coin is affected by a positive or a negative news about that coin.With any positive news the price rises as the demand increases because people start investing in it more and vice versa.

I don't know if I wanna call human stupidity but rather bad judgement of the current market and some panic. It will effect the market in the short term but these people will learn eventually as long as they don't give up on crypto. It can have adverse effect if said people leave the market after loss but it can also have positive long term effect if they don't. We should keep things optimistic and market will reflect it.

Whatever you call them. whether it is stupidity or bad judgment. if the panic they do takes place in a mass will certainly result affect
in price changes in the market and we know how many fools on the market because you can see a very deep price drop due to panic

[1713286290]

1713286290

[blackbold]

I think stupidity in terms of emotions can affect market prices, they have a panic when they hear negative news, and in the end they sell low and that can make the market go down.

you're right, many people are very easily affected and finally they don't have power in making decisions, they also panic after hearing negative news that is not necessarily the truth

[princesspoppy]

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, negative news about cryptos really affect the behavior of the crowd. It affects the emotion of the crowd that results to people doing panic selling, panic selling that contributes to the fall of the market.

[Penting]

I think it can. If people will believe all the news that the media will spread it can directly affect the crypto market. We all know that most onvestrs depend their investment decision on trends, current events and news

[maitexisi]

It is true that news can affect people's emotions and therefore lead to price fluctuations. The right decision must be made by the mind, so we need to have our own point of view and not be distracted by some news.

[jonatuzc]

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?

of course media is the most effective way to influence people. and when most people (coin holders) are affected by the news they can panic sell / buy and of course this will affect the market. and most media also become a tool of government hegemony to the public. so that what is broadcast by the media is very influential on people. and we should not easily believe and be influenced by the media.

Yes I agree with this statement. Cryptocurrencies users are the ones who run the market. Their decisions affects the movement of the market that could better or worsen it.. For instance, human stupidity like their panic selling could contribute a lot to the price decline/downfall.

I have no doubt about the power of media to play great role in the spread of information across the borders in the spur of the moment but this is a reality that it is controlled by the corrupt elites and certain authoritative individuals who can use media like a toll to portray the image of almost anything in another way. So I do think media can harm the market figures. Human can also disturb the market by making unwise decision which on aggregate level can affect the market.

[qiwoman2]

I see a lot of stupid and retarded market trading on a daily basis and sometimes don't understand for the life of me how some of these people even hit the trading floors. I believe also that because the markets are so heavily invected by pump and dump groups, signal rooms in Telegram and also the big whale bots and price suppressions, it is inevitable for high-frequency retarded market action. Believe me, I see it daily and shake my head every time in despair because we could have mooned already everywhere if it were not for such price manipulation and bad trading practices done by noobs.

[niublity]

Are you worried about the government prohibiting cryptocurrencies? Not necessary at all. The cryptocurrency is an independent coin. No government will beat it. Stupid people can't understand cryptocurrencies.

[Android4Life]

Yes you're right Human's activity can effect bitcoins price. Actuality bitcoin's market are depends on us. More we buy the bitcoin more the price of bitcoins increase. Bitocin's are using in criminals activity too so government trying to take it down which mean human will be unbile to use bitcoin which can be effected its price

[wayne_kenoff]

Of course bitcoin is depend on humans. Government want there people to stop using bitcoin and if people stop using it the price will be destroy. Media and banks also take part in it. They spared false news and scared people

[pizzahunter]

Each news can influence the development of crypto advertise on the grounds that heaps of individuals in crypto world depend on what they have heard and found in the news.Those night particularly a terrible news may cause mess.Those individuals who effortlessly accept on the news even without affirming if its actual may take a few activities and may cause a wrong move that influences the market.Like on the off chance that they heard that bitcoin is dead and they put stock in it and they do freeze offering so it influences excessively in the market.

[Baby Dragon]

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?

I think yes especially in social media , many people are using it in a bad way like spreading false news about bitcoin thats why the people who was interested changed their mind about bitcoin. It really affect the movement of the market of course if no one is willing to invest then the demand will go down.

[maculeth]

a little, because stupid people certainly don't know what factors can affect the market movement itself. on average they only do what they have to do without knowing the imabs. precisely those who have an important role in market movements are intelligent people. let's say in the crypto world, there is a term whales that buy or have lots of bitcoin, then they sell everything to drop prices and then buy them again on a large scale. in the world of economics, it can be called a mafia that imports too many goods into the country and makes the goods in that country lose their prices. for example, importing excessive amounts of rice or onions.

[joebrook]

Of course bitcoin is depend on humans. Government want there people to stop using bitcoin and if people stop using it the price will be destroy. Media and banks also take part in it. They spared false news and scared people

Will not say that it's going to be Human stupidity but rather it's going to be the naivety and the gullibility of People that's going to affect the movement of the market and I say that it's already with people believing the FUD and selling their bitcoins driving the market down.

[Thomas-s]

The main factor that affects the market is the main miners who produce a large amount of bitcoin, they determine when the market should grow and when to fall.

[kumala_abi]

The main factor that affects the market is the main miners who produce a large amount of bitcoin, they determine when the market should grow and when to fall.

that is not fully right.we know in market much bitcoin and altcoin holder.and some of them was speculator and financial firm that buying coins from dumper.and maybe this person could be main factor behind price dumping.

[richard amponsah]

yes because business reach a friend through human influence same way human stupidity can affect the movement of market

[arikassuja]

it seems that mistakes created by humans and this collapsing market conditions often occur, one of which is that nowadays traders often experience confusion and eventually make them sell their assets instantly which eventually makes the price at the exchange place collapsed to this extent.

[Dikarama7]

I think that is true, if people panic because of negative news then he can easily make stupid decisions to sell low, and they will contribute to the market decline.

[KingdomHearts]

It is true that news can affect people's emotions and therefore lead to price fluctuations. The right decision must be made by the mind, so we need to have our own point of view and not be distracted by some news.

Actually there is an assumption that all those who are in the market are rational and this requires them to keep aside the stupidity and emotions while dealing in the market. Of course it affects the market and this is something that shows big effect on aggregate level.

But this can also be avoided by constantly analyzing the market and doing the cost benefit analysis before starting trading or selling your coin. This raises the prospect of profit in future.