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Topic: Can human stupidity affect the movement of the market? - page 14. (Read 22341 times)

full member
Activity: 406
Merit: 117
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?
As you notice some of the news or even an article is not accurate because of it the mind of the people doesn’t have enough knowledge about crypto are afraid to join on the world of crypto. If their no new person adopts or joins the crypto, there is some tendency that might affect the movement of the market. In short Human Stupidity can change it because the report and article are being created by the human.
member
Activity: 166
Merit: 10
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?
Since the percentage of stupid people on this market is not too high, because cryptocurrencies are not for the stupid people but for the wise. I can say with confidence that humans stupidness are not one of the main factors that affect the price.
member
Activity: 176
Merit: 10
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?
If we will consider panic selling and panic buying as stupidness, then it will be obvious that those two things are drastically infecting the market causing it to fail or to fly. So yeah this market is controlled by people.
newbie
Activity: 182
Merit: 0
It clearly affects the crypto market because it will cause panic against the holders of assets and public confidence about crypto.
newbie
Activity: 7
Merit: 0
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 will greatly affect the Crypto market. Because the news always affect the psychology of investors. It will scare them off and sell off their currencies and make the market go down. Besides that, good news will make many investors excited and buy a lot of altcoins and it will make the market capitalization go up.
newbie
Activity: 196
Merit: 0
Affect and very strongly. News, especially economic news, is the main driving force on the stock exchange. People watch the news and make decisions based on it. Although the news can be thrown out by the media specifically to create an artificial movement in the market..  Cool
member
Activity: 420
Merit: 14
For one thing, the market itself is heavily dependent on people selling and buying token for themselves. As we all know, the major factor in the price of virtual currency is the suppky in the market. Gullible people who are easily manipulated by news of a down fall would immediately sell their holdings thereby weakening the price even more.
member
Activity: 308
Merit: 10
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?
Crypto news can affect the market in so many ways. Especially when the news come in repeatedly over a short period of time, and if it's a bad news, the panic sets in and the massive market bleeding sets in.
drm
legendary
Activity: 1176
Merit: 1005
Exactly! People go into battle having no enough weapon and with lacking preparation that results to be lost along the way. It is important to do research and formulate not only a plan, but with back up, so that whatever happens or should their be any downturns you know what proper approach to consider or apply. Uninformed decision and panicking can be the cause of increasing and decreasing number of demand. It's better to stay patient, positive, and hopeful.
What it happens is that people do not want to do what it is necessary to become rich, I have seen studies that shows that poor people when asked, do you have a plan to become rich and which is it? They answer winning the lottery, and we know that is not really a plan and those that invest without any knowledge in the market are just wishing winning the lottery and invest in a coin that goes 100x without having to do any study and that is simply not going to happen.

That basically equals to no plan  Grin
member
Activity: 350
Merit: 10
There are lots of ways to define stupidity committed by people in relation to cryptocurrencies' value. For example, a person who always spreads FUD during crisis can affect other people's faith on bitcoin and crypto for their faith may be weaken that would push them to sell their cryptos at a lower price.
The panic and anxiety of investors have a great influence on the market trend and become the prey of whale investors who want to navigate the market in their own way. Not much knowledge and experience in this market are fundamental factors that cause investors psychological crisis.
sr. member
Activity: 980
Merit: 255
Exactly! People go into battle having no enough weapon and with lacking preparation that results to be lost along the way. It is important to do research and formulate not only a plan, but with back up, so that whatever happens or should their be any downturns you know what proper approach to consider or apply. Uninformed decision and panicking can be the cause of increasing and decreasing number of demand. It's better to stay patient, positive, and hopeful.
What it happens is that people do not want to do what it is necessary to become rich, I have seen studies that shows that poor people when asked, do you have a plan to become rich and which is it? They answer winning the lottery, and we know that is not really a plan and those that invest without any knowledge in the market are just wishing winning the lottery and invest in a coin that goes 100x without having to do any study and that is simply not going to happen.
sr. member
Activity: 574
Merit: 256
I would call it nervousness, not stupidity. often the market starts to fall simply because of panic sales. I think with time the market will outgrow it.
Well it is foolishness to some extent because when they all know that rise and fall is the nature of bitcoin and it will never remain the same then selling it is fool decision I don’t know why people lose patience when the clearly know that soon price will be high again but they sell at panic and makes the market even more and more down, so people should be wise while spending their investment.
full member
Activity: 434
Merit: 100
There are lots of ways to define stupidity committed by people in relation to cryptocurrencies' value. For example, a person who always spreads FUD during crisis can affect other people's faith on bitcoin and crypto for their faith may be weaken that would push them to sell their cryptos at a lower price.
full member
Activity: 462
Merit: 100
For the title, i guess it is not "stupidity" but rather it is more of a panic sell. Usually, those who are not willing to take risk most probably fall into panic selling and are carried by the waves of FUD. One must really know the insides of the world of cryptocurrency. Because chances are if we dont really dig into this, the market can be vicious.
full member
Activity: 268
Merit: 100
IN this age of fast information technology news spreads like wildfire and affects everyone in undetermined ways. But yeah, people are easily swayed with negativity since it's easier to give in to fear.
jr. member
Activity: 92
Merit: 1
Human stupidity can affect anything in a negative way. Media cwn also influence crypto in a big way depending on the story it tells, because a lot of people just act without researching if something is true or not. So a fals news can do a lot on the crypto market
sr. member
Activity: 952
Merit: 250
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
of course any ignorance will surely affect any market including for the currency crypto. therefore we can only wait for the ignorance of the people in the crypto world to disappear.

Maybe you're right but I think the main part of that people are only thinking about investing in Bitcoin. But in work was it there are always fact of human.
Exactly! People go into battle having no enough weapon and with lacking preparation that results to be lost along the way. It is important to do research and formulate not only a plan, but with back up, so that whatever happens or should their be any downturns you know what proper approach to consider or apply. Uninformed decision and panicking can be the cause of increasing and decreasing number of demand. It's better to stay patient, positive, and hopeful.
jr. member
Activity: 364
Merit: 1
If under human foolishness you mean one day to buy hundreds of millions of dollars or vice versa to sell literally everything, then this will affect the market and will be visible immediately. But I doubt that this will be at the same time in all people.
member
Activity: 166
Merit: 12
I would call it nervousness, not stupidity. often the market starts to fall simply because of panic sales. I think with time the market will outgrow it.
full member
Activity: 374
Merit: 100
of course any ignorance will surely affect any market including for the currency crypto. therefore we can only wait for the ignorance of the people in the crypto world to disappear.

Maybe you're right but I think the main part of that people are only thinking about investing in Bitcoin. But in work was it there are always fact of human.
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