Bitcoin price is always affected by world market news, why ??? - page 3.

MarjorieZimmermanGinger

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Quote from: Minhxx on May 30, 2023, 06:02:34 PM

I have been in the market since 2018. The paradox I find is
The market is always changing according to world news.

I guess that wasn't always the case, if you remember very well how recessions happened during the pandemic and a lot of FUD news was also developing at that time, but in the end bitcoin still exploded at its highest price. Talking about global might not be separated from FUD news on bitcoin or Crypto, but all of that is not a standard because there are other bases that influence it.

Quote from: Minhxx on May 30, 2023, 06:02:34 PM

It has nothing to do with bitcoin
For a small investor like me, this is undesirable
I want to ask experienced investors?? How can you capture this potential market?

Experienced or potential investors don't target long-term profits, because they try to use their time to see profit opportunities and they also have the instruments, strategies and people they trust to see investment progress, in another sense they don't speculate like us. Although some of them also tend to use long-term patterns on certain assets such as bitcoin, they try to take advantage of accuracy and once again not just speculation.

While small investors like us should try to learn to use the HOLD pattern, the goal is to limit doubts about FUD news that appears as you describe, although sometimes FUD news is also a sure step to collect some bitcoins and vice versa big investors will be comfortable enjoying FUD news that continues to grow and try to make much larger purchases in such downturns.

Taskford

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Quote from: Minhxx on May 30, 2023, 06:02:34 PM

I have been in the market since 2018. The paradox I find is
The market is always changing according to world news. It has nothing to do with bitcoin
For a small investor like me, this is undesirable
I want to ask experienced investors?? How can you capture this potential market?

Because it create fear to the people since many think that if there's negative event happening to the world it will also correlate with bitcoin and it will perform the same. We see how bitcoin get a decline when some news spread then many people spread fuds about it so we need to be more aware with this so that we can react according to the news and maybe we can take advantage with the news spreading.
You can experience more fuds to spread so try to get updated to the news on crypto scene so that you can learn more from this.

mindrust

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Quote from: Minhxx on May 30, 2023, 06:02:34 PM

I have been in the market since 2018. The paradox I find is
The market is always changing according to world news. It has nothing to do with bitcoin
For a small investor like me, this is undesirable
I want to ask experienced investors?? How can you capture this potential market?

Every asset is affected by world news. Bitcoin is no exception. Your own daily life is affected by world news. You play this like how you play the stock markets. Bad news: Sell, Good news: Buy. It is that simple. If there is going to be a recession, depression or something similar which is bad for the economy, then people would cut their spending on the other stuff which they don't really need. They will save money for food, bills, water, rent etc.

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Quote from: Minhxx on May 30, 2023, 06:02:34 PM

I have been in the market since 2018. The paradox I find is
The market is always changing according to world news. It has nothing to do with bitcoin
For a small investor like me, this is undesirable
I want to ask experienced investors?? How can you capture this potential market?

The Bitcoin market will certainly be affected by global market conditions because it will affect investors' decisions to invest. for example when the American inflation report is issued, usually the price of Bitcoin will be affected, because investors will certainly see this report as their reference to be able to secure their investment or not. or when THE FED raises interest rates, usually the Bitcoin market will also be affected, and many other cases.

so no matter what, the Bitcoin market will be affected by global market conditions because the majority of bitcoin investors will also see global news before making their investment decisions.

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Quote from: bitzizzix on May 30, 2023, 09:04:50 PM

Everything that happens is natural because downturns will always occur due to several factors and for now they may be influenced by what is happening in the world today, and not only in the crypto world which is not doing well lately. Likewise with the stock market and others.
A recession looms, inflation soars, interest rates soar and the cost of living bites. And maybe what happened has shaken their overall confidence in the crypto market and other markets. As a result, it is possible that many people decide to sell, but there are also those who take advantage of this opportunity to buy.
and in my opinion there is nothing to worry about, because with what comes it is a great opportunity and also a discount to buy, because of the low price. Then you just sit still and watch it, that's how it works and look ahead "the pump will always happen".

The trading market is a completely uncertain platform where everything depends on assumption. That is, no one can know in advance about the up and down of the market. As a result, people always keep an eye on many things happening in the world and take speculative decisions based on those news. But all this news has nothing to do with Bitcoin. In general, positive and negative news reports on economic related topics such as business, debt, etc. can cause Bitcoin price to fluctuate widely. Such changes can be seen in the news of large and economically strong countries. Moreover, the religion of the trading platform goes through ups and downs, So it is never fixed in one place.

kryptqnick

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I don't think there's a paradox here. Perhaps the op means that Bitcoin isn't truly affected by global events (for example, it wasn't really affected by the pandemic, unlike tons of global businesses), but is in reality still experiencing the impact of major events. This can be explained by human nature, largely, and our tendency to generalize. When it's global, it feels like everything will be affected, even if it's not true. Also, emotions can spread from one area to another, so at first you panic over a legitimate thing like a stock market crash, but then the panic spreads over to the crypto market, even though there's no material reason for it to crash.

bayudndy

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That may be true for some, but sometimes there is a lot of important news out there without affecting the price of bitcoin. Although this relationship is complex and depends on many factors and market dynamics, But the correlation can be discrete and change over time. The relationship between Bitcoin and traditional markets is not fixed, and various factors can affect their interaction. So approach the news carefully and be ready to adapt to the changing market conditions effectively.

Solokan

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in this case we have to be good at setting strategies and also we have to learn about managing our assets in the investment field, because what I know is the market will be difficult to predict.
so we as investors must be able to take advantage of any situation. btc which has a fluctuating nature, of course we have to be able to manage the strategy well.

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Quote from: Minhxx on May 30, 2023, 06:02:34 PM

I have been in the market since 2018. The paradox I find is
The market is always changing according to world news. It has nothing to do with Bitcoin
For a small investor like me, this is undesirable
I want to ask experienced investors. How can you capture this potential market?

The Bitcoin subsystem is an integral part of the global economic system. A negative or positive impact will affect the other subsystems. The war in Ukraine and the sanction on Russia and other nations led to an increase in the price of gas and crude oil. This led to the high cost of goods and services and also reduced investment. This affected the global economy and the consequences were felt in the stock and crypto market. If there is news that a major government of a country might likely legalize or ban Bitcoin, it will affect the price of Bitcoin due to FOMO or FUD. Economic policies like interest rate hikes or reductions also play important in the price of both stock and cryptocurrencies.

Kaliandra

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bitcoin and crypto prices are very difficult to predict, and there are so many reasons,
I think it could be due to economic factors, or it could be like
the Covid 19 pandemic and others.

and the factor of rising prices or falling prices of bitcoin and crypto can occur because of positive news about bitcoin and crypto or negative news about bitcoin and crypto then people start to be affected and finally people start buying or selling.

ethereumhunter

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After bitcoin becomes popular and some countries legalize bitcoin, it makes bitcoin movements follow world news so that it will make investors have to really anticipate if something bad happens in the news. But we are lucky that the crypto market is not too dependent on the news because the movement of the crypto market can recover by itself and instead, it can attract more investors to come. And when there is negative news that affects the crypto market, it may have a downward effect so that we can use it to buy coins that have the potential to increase. If you can take advantage of it, you will benefit from it.

Husires

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Quote from: Minhxx on May 30, 2023, 06:02:34 PM

The market is always changing according to world news. It has nothing to do with bitcoin
For a small investor like me, this is undesirable

The market and adoption is still small, small fish can’t swim against the tide, especially with United States debt that exceeds 30 trillion dollars. We need to reach the 5 trillion or 10 so that we can safely say that Bitcoin can not be affected by major economic variables. this means 300k to 600k per bitcoin.

It is true that Bitcoin is affected by economic crises, but this effect is positive. After COVID-19 March2021, Bitcoin was one of the fastest assets to recover its value, and even to achieve quick gains. Since the beginning of this year, Bitcoin has made a decent rally.

Quote from: Minhxx on May 30, 2023, 06:02:34 PM

I want to ask experienced investors?? How can you capture this potential market?

I can prepare a long list of comparisons between Bitcoin and more assets including gold in which Bitcoin has proven to be a good investment in the long term, despite the negative performance with global variables in the short term.

noorman0

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Bitcoin has reached a certain level of maturity in terms of adoption so that even if it is not the main object in the news, as long as it contains situations that impact the macro economy it is capable of creating price volatility. News will create sentiment that influences investors' decisions to execute their investment portfolios.

Poker Player

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Quote from: Minhxx on May 30, 2023, 06:02:34 PM

The market is always changing according to world news. It has nothing to do with bitcoin

You are wrong. That doesn't always happen.

Quote from: Darker45 on May 30, 2023, 07:47:02 PM

Sometimes it does; sometimes it doesn't. The price of Bitcoin doesn't always follow the world market news. Although we cannot treat Bitcoin as if it is completely indifferent to the global traditional economy, the correlation isn't a complete one.

That's right. Bitcoin, as a financial asset, is affected by news about the economy in general, but it has particularities that make it go up or down regardless of what happens in the rest of the markets.

To the OP I would recommend a long term view. Regardless of the influence of the world markets, if the financial asset is good, as is the case with Bitcoin, the long-term trend is upwards, regardless of short-term volatility.

crypticj

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Because people use Bitcoin as an asset and trade it. That's why its moves are usually correlated with NASDAQ.

So when investors see any news that can make people sell bitcoin, they sell it.

So when you don't know why bitcoin is doing something, just remember that nowadays bitcoin is NOT a currency, it's an asset people want to buy and sell later.

mk4

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Simply because a lot of people buy bitcoin as an investment? That's pretty much it. If you've been in the markets since 2018 you should know by now that certain news doesn't need to necessarily relate to a certain asset to be able to affect its price.

BALIK

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Bitcoin or cryptocurrency is a financial market, whether decentralized or centralized, it is still part of the world economy. No asset can be independent and develop on its own without correlating with our world economy. News does not affect bitcoin directly, but it affects investor sentiment, and it is we who are creating bitcoin volatility, not news. If we don't panic and don't Fomo when the news gets out, then bitcoin won't have any affected. In addition, news is one of the signals for us to analyze the market, it is an important part that we need.

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Everything that happens is natural because downturns will always occur due to several factors and for now they may be influenced by what is happening in the world today, and not only in the crypto world which is not doing well lately. Likewise with the stock market and others.
A recession looms, inflation soars, interest rates soar and the cost of living bites. And maybe what happened has shaken their overall confidence in the crypto market and other markets. As a result, it is possible that many people decide to sell, but there are also those who take advantage of this opportunity to buy.
and in my opinion there is nothing to worry about, because with what comes it is a great opportunity and also a discount to buy, because of the low price. Then you just sit still and watch it, that's how it works and look ahead "the pump will always happen".

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Quote from: Minhxx on May 30, 2023, 06:02:34 PM

The market is always changing according to world news. It has nothing to do with bitcoin

Markets is heavily driven by sentiments of the investors.
Investors rely heavily on news in terms of when they will invest or not.
Therefore, Bitcoin's price is heavily affected by the news because some or most of the investors are basing on the news on whether they will invest or not.

This kind of thing has been happening for years already, and since my start here in the crypto industry, I've seen Bitcoin's price go up, and down just because of the news that's being spread on different platforms. In 2017, I remember that Bitcoin's price moves by at least double digit percentage most of the time, if the news is positive, and vice-versa. Nowadays, news doesn't have that much effect on the price of Bitcoin anymore, but still there's a bit of it, but not as much as what it was in 2017.

Overall, an an investor, it would be better if we will base on charts rather on the news.

Topic: Bitcoin price is always affected by world market news, why ??? - page 3. (Read 478 times)