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zemper
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April 03, 2019, 10:14:50 AM |
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of course news about crypto can affect market movements. although the news is not necessarily true. people have been affected especially beginners. they are affected to sell coins and this will affect the amount of supply and demand. and then this will affect price movements.
That's true. There are different sources of psychological and behavioral influence. FUD influation makes people to sell their cryptocurrencies in panic. Good news about cryptomarket can also positively affect price. |
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BeGoods
Legendary
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Activity: 1372
Merit: 1008
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April 03, 2019, 11:05:42 AM |
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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.. |
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Ronyx
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Activity: 525
Merit: 10
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April 03, 2019, 12:31:46 PM |
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I think human stupidity can affect market movements getting worse, with panic people cannot think with a cold head and make stupid decisions to sell low, and that will have an impact on market conditions.
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1BTC EQUALS 1CAR
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April 03, 2019, 01:11:53 PM |
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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?
It largely affects the market most of the times. The FUD released by biased news articles or agency always works when there are a lot of newbies don't know how to react on what they read or hear. They panic sell instead of being rational at first. |
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Xampeuu
Full Member
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Activity: 1400
Merit: 115
Sugars.zone | DatingFi - Earn for Posting
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April 03, 2019, 01:12:23 PM |
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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 |
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anggi
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April 03, 2019, 01:50:23 PM |
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depending on the type of fool, sometimes they really succeed in influencing the market by spreading the FUD. other than that when they have big money, I think they can indeed make an effect on the market.
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PlusOne88
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Activity: 420
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“Tackling Climate Change Using Blockchain”
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April 03, 2019, 02:45:19 PM |
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News is a form of an advertisement. Whenever a person posts or relays information that sounds negative people do react to it. More often confirmation about how true or accurate the information might not be put to the consideration and for this very reason people accept the idea as being true and only to find out later that it was just another FUD. But consistently people finds it way to distinguish between a fact and a mere fallacy or FUD. So that is why the sudden drop of prices comes to a halt and people who are eager to find the truth will then play a key figure to debunk such idea. So will it affect the movement in the market? Id say not at all.
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Faxmate
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April 04, 2019, 05:57:28 PM |
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usually lay people will be interested if they see good news from crypto and they definitely decide to invest.
Yes most of the time people follows the market because of good investment but it is not good way to make profit, I think one should have patience at low and try to buy when the price is down, as price will certainly be high once again if it is low some day. Stupid people make wrong step for panic selling or buying late and then they suffers lose. |
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