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?
Well, for me. Media can affect, on how people view something. Like the cryptonews, why? Because I observed that most of the news about bitcoin that I've watched in other country, it shows negative things but in my country, they shows the positive things about bitcoin. But I don't believe in news of the other country. Because remember, not all the thing that we see in media are true. But we cannot deny the fact that people's view about bitcoin after watching news may affect the movement of the market. That will cause fluctuations.
And I think that there are many people in the crypto who are not very expert in crypto and they often rely on the news of other people and when they hear any bad news or negative things about crypto they afraid from that,they think that some of the crypto are scam and they then escape away to think that they will be secured. And I believe that in this way, it can affect.