|
June 09, 2020, 06:07:59 PM |
|
It all depends on what will happen in the future and what people will think of whats going on as well. You have separate those two things, whats actually happening and what people think about it are two different things.
There could be something awesome going on but people may look at it and not believe it and get scared and sell when everything looks great or maybe the market is horrible but people look at it and see potential profit there and suddenly start buying as well. That is what I think happened with bitcoin in the past 3 months as well, it dropped like crazy but instead of seeing it as a scare, people saw it as a chance to make more profit and they bought a lot of it increasing the price. So we need these two data to decide, what will happen and what will people think about it.
|