Can human stupidity affect the movement of the market?

[Findingnemo]

Of course it can I even think that this is one of the main reasons on why the market is in such a poor condition right now, Because most of the guys working here have no clue what is going on.

Yes I agree with you, that might be one of the reason that make the market what is today because of the stupidity of the coin holders of panic selling of coin can make the market value change.

Human mistakes will not affect crypto currencies but stupidity of you human will be definitely affect the development of crypto currency if anything irrelevant will be happening for bitcoin or other crypto currencies it will automatically changes its development are something affect double for crypto currency so be correct your way.

[Girlsbit]

Well, most likely this is the main reason for the growth rate bitcoin.  Everyone ran to buy bitcoin and on the background of great demand, he grew up.

[Popov_popov]

And we always do that, we repeat after all.

[renz0]

Yes it really can affect the movement of bitcoin price in the market.Bad news, scam and hacking of exchanges makes everyone to do panic selling which in return contributes in the decrease value of coins in the market.

[Pattart]

Of course it can I even think that this is one of the main reasons on why the market is in such a poor condition right now, Because most of the guys working here have no clue what is going on.

Thats right because they think bitcoin will die and all they do is panic and there seems to be a lot of fools in the market so I see a mass panic that makes the price so bad at the low price. it's one of the effects of a fool who does not know what which is happening

[Crypto24hrs]

The stupidity of a man slows down his progress, so it is with crypto market, the powerful effect of the social media news on crypto market should not be under rated as it scares away big investors and the acceptance of the currency

[bowals]

buying and selling basically are the fundamental factors that affects crypto prices. therefore, human stupidity and FUD can definitely affect the movement

[Daimon88]

It might affect a little but those studpid human for me dont have a huge amount of bitcoin because if they, they are very careful on what action do they made right? because if they fail to be careful they might lose a huge amount unlike those small time holder or trader most of them dont care what action they made.

Wrong decisions affect the market Price of Bitcoin because selling coins in a low market is stupidity which results in loss. These mistakes affect the market and users both but to prevent and get rid of these mistakes we need to learn more about the market. That is why it is necessary to learn and educate your self about the market before entering to this business.

[katiecbell]

Stupidity is a terrible thing, it can even lead people to extinction. FUD is a concrete example of a stupidity, you should already know what happens when there is a news that raises a very large FUD wave. We are panic, it’s natural, but we should not act stupid and must prioritize the rationality, not emotion.

This can also affect the market in the sense that if the market is red, and you sell your portfolio, this actually lead to the red market extreme. Having said that, the human stupidity can be depicted in the words of panic selling or the emotional decisions taken in the times the market is down.

One should always refrain from making such decisions because it has no good output for the owner of the portfolio and rather incur them loss.

[Ramtapsbtc]

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, Selling in low price,following and listening fake news that leads to wrong decisions are examples of human stupidity in crypto that will definitely affect the movement of the market, stupidity can be prevented by educating yourself and gaining more knowledge about cryptocurrency, lets all help markets recovery.

[reinielle26]

Of course, stupidity will affect the movement of the market. Just by being fooled by the scammers will greatly affect it.

How can crypto news affect the movement of the market?

People often hear about crypto in the news. Learning that some investors were scammed will drive those future investors away. Also, governments are against it so by warning people not to be involved and invest in crypto is big thing.

[Singwala]

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?

Sure, especially with panic sellers, because they are still knocking down the price of bitcoins. Hopefully they will know that they are doing something wrong and they have a huge risk of doing so because it can only take a couple of hours to rise and that's the reason for the downfall of their investment.

[Tervelatuk]

Of course, stupidity will affect the movement of the market. Just by being fooled by the scammers will greatly affect it.

How can crypto news affect the movement of the market?

People often hear about crypto in the news. Learning that some investors were scammed will drive those future investors away. Also, governments are against it so by warning people not to be involved and invest in crypto is big thing.

news make power of buyer and seller changed.so market can move up or down because of the news.even it good or bad news there will always have effect in market.

[Apes]

It is true that fools can influence the movement of bitcoin, because they will act or make mistakes in sales .. because they can sell at the wrong time .. intelligence is needed for bitcoin users because they will sell smart at the right time and will profit big , but still requires patience and wisdom in taking action.

[ReiMomo]

Crypto market is also like share market where the news impacts the market directly and a sharp price vibration will be seen with the news spread across. The news may be negative or positive but the price fluctuation really reacts to that and the crypto currency market is always volatile and the news always make the volatile market in crypto as well.

[ecnalubma]

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?

News is one of the main factors that affects market price because large percentage of investors believe and emotionally attached to it. Some whales use media to publish negative news to gain control over prices and take advantage of sell offs, so don’t believe in media a 100% because most of them are fakenews.

[BartS]

Of course it can. Most of the trades are driven by emotions. Just look at the news and propaganda, most of them are praising btc and crypto when it is going up, and when it is falling down they are saying it's a scam. they are affecting peoples feeling and they can easily manipulate with them. I guess most of the people who invested in bitcoin during november/december is becase they saw skyrocketing price and praising by the news. and now when they have lost the money they spit on it...

While most traders would like to believe they take decisions only based on facts and hard logic the truth is that many of their decisions are taken using their feelings and this is a big problem, how many people have already sold their coins after the crash and are still selling their coins today for a loss, in my opinion the majority did that and yet we all know the price is going to recover, history shows this to be 100% correct all the time and yet people still sell even when they know that information.

[petrobit]

Unfortunately, human stupidity affects everything in this world. Look at today's politicians, for example. The market of crypto first comes under the influence of panic-strikers, who are accustomed to call any investment as longer than two months as longterm and begin to convulsively sell everything at the first appearance of red color.

[Visbay]

with technological developments, news can now spread quickly through social media and the internet. This can affect many people, especially if the spread is bad news that is uncertain. it will make people FOMO, and act run away to think that they will be safe.

This is right we are investors and our support and attention in keeping any investment alive and high is much important so our mistakes can fall the market and our wise dealing and holing can help it be rise too high, those who use to sell bitcoin at panic be a part of bitcoin dip, those who buy more and more to hold for long term make price higher in market so this way we are able to construct and destruct the future of 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!