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Topic: Can human stupidity affect the movement of the market? - page 2. (Read 22330 times)

hero member
Activity: 1078
Merit: 501
Hello, community. Political, economic and social news in the media significantly affects the life and behavior of the crowd. How can crypto news affect the movement of the market?
For me, it can affect the market especially if there are a lot of fake news spreading on social media because social media nowadays is very powerful influencer now so if you're popular enough to influence most people using social media, you can help people or cryptocurrency by spreading out that how good crypto can be into their life or it can be one of their investments for the good future.
sr. member
Activity: 750
Merit: 252
Crowd is usually heavy bombarded with the news that can have huge impact on peoples behavior. I am sure that, with same enthusiasm, volume, mechanism, it would have huge effect on crypto market. News and speculations, advertisements, all day long, every day... Works good for now implemented on major, important areas .
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
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?
The answer is yes, market is driven mostly by emotions and its the cheapest way to target and affect the prices. Traders often react to economic status and media news even sometimes it can’t directly affect the market, money is at stake that’s why they are cautious to series of events.
full member
Activity: 532
Merit: 148
I agree that humans affects the market. We are manipulating cryptocurrencies so in that case markets is affected. We humans is the reason why the prices of the cryptocurrency changes in every moment. Market or exchange is just a way to trade with one another. Prices are unstable because humans manipulates it.
copper member
Activity: 308
Merit: 1
Veil
Yes of course it does.
If we  critically analyze the prevailing  market condition , we would see that the market didn't just start or decided on it's own to be unsable.
It's the activities of those who do not believe nor understand the rudiments of cryptocurrency that cause some of this market mishap.
It is believed that the cryptocurrency market a speculative one and so unfounded news /rumours brandied about by the ignorant people have a way of affecting the market negatively.
sr. member
Activity: 1344
Merit: 253
Yes it does because people tend to overreact and listen to stupid people who are spreading negative news about cryptocurrency, we can see that if someone is spreading fud the market reacts instantly and the price goes down.
people who do not understand about cryptocurrency certainly have a poor psychology, because many of them follow fud or fomo, which makes the market less healthy. besides that they tend to like to spread the news which is not necessarily correct. so they become delicious food from the whales
member
Activity: 882
Merit: 13
Yes it does because people tend to overreact and listen to stupid people who are spreading negative news about cryptocurrency, we can see that if someone is spreading fud the market reacts instantly and the price goes down.
member
Activity: 938
Merit: 14
Earn more with Earn Network
Of course, human stupidity can influence the movement of the market. Due to the decentralized nature of crypto, no single institution or body own absolute control over the market. The movement of the market is largely influenced by the cumulative activities of crypto users on the market. This is why when a fake bad news hit the market and cause FUD, the market goes down because the weak hands begin to sell off the valuable coins at cheap prices.
Let us refrain from all these negativities because the market is for us and not for any single body.
hero member
Activity: 1666
Merit: 502
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?
"human stupidity" or "news" both can greatly affect the market movements. Basic thing is that crypto value is determined on demand, then because it is decentralized the user analyzes market movements based on crypto news, especially for cryptocurrency-specific websites.
member
Activity: 304
Merit: 10
0x1b2d294ab6ca449e34F946B86540cd342cF49100
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 fud news and all negative news will affect the movement of crypto market. We all know that sometimes when people heard some bad news they panicking and sold their coins even the news come out is not sure or news that no basis.
sr. member
Activity: 1400
Merit: 269
Of course because it is us humans who dictates the price and sometimes humans greed makes the market surge or fluctuate. The value of a coin is determined with the supply and demand of humans want to make profit and that's what makes trading fun and addicting cause there's a risk that you might loss and you can also profit tremendously.
sr. member
Activity: 756
Merit: 252
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?
We saw something like that happening at the end of 2017 when people were buying coins that had no value for prices that were ridiculous, things were so bad that now most of those people lost almost everything they invested and the same can be said for all of those that began selling coins that were good for terrible prices just a few weeks ago just because they could not take to lose even more money.
newbie
Activity: 34
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?
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.
hero member
Activity: 896
Merit: 630
I wouldn't determine it as stupidity. Some people may lose their control at some point and start to make their decisions according to their feelings because of being too greedy, having lack of experince on trade markets or not resisting the stress. Such situations arise because of very human emotions and there is no need to blame anyone. You are talented in some subjects or you have no talent others. It is important that a person knows himself / herself and does not put himself / herself  under the risks or burdens that he / she can't afford.
member
Activity: 532
Merit: 10
BITCOIN IS THE CURRENCY OF THE GLOBE
Information real or fake has a major impact in the CRYPTO community, reason why there is a critical need for a certified body, that help to regulate and ensure the Cryptocurrency community is well manage to avoid, any form oof interference that can affect the market negatively. News drive the market.
legendary
Activity: 1596
Merit: 1034
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?
Fud news it the one can affect the crowd of crypto because of fud news people do a panic selling that's why crypto market be bloody and dropping.

It is true that it can affect but I don't think it will be that big of an effect since not all of the investors and traders of crypto currency are that stupid, most likely it will be the newcomers or the newbies.

A lot of investors and traders of crypto currencies are also great, experienced and so smart. We don't need to think that they are that stupid to make mistakes like that since small and newbie traders and investors will be the only one affected by these FUDs. Also, if whales are making these FUDs in their statements, it is either included in their strategies or well, it is their strategy.

I do not deny that FUD is used as a strategy for large investors to make a profit. However, I disagree if market movements are caused by investors who are stupid because not all investors are stupid. Today, there are a lot of smart investors, both beginners and experienced.
newbie
Activity: 7
Merit: 0
The news about crypto is limited by the media, and most governments do not accept the news of crypto in the media. There are still many unknown crypto, Bockchain, Bitcoin, etc.
hero member
Activity: 1722
Merit: 528
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?
Fud news it the one can affect the crowd of crypto because of fud news people do a panic selling that's why crypto market be bloody and dropping.

It is true that it can affect but I don't think it will be that big of an effect since not all of the investors and traders of crypto currency are that stupid, most likely it will be the newcomers or the newbies.

A lot of investors and traders of crypto currencies are also great, experienced and so smart. We don't need to think that they are that stupid to make mistakes like that since small and newbie traders and investors will be the only one affected by these FUDs. Also, if whales are making these FUDs in their statements, it is either included in their strategies or well, it is their strategy.
sr. member
Activity: 574
Merit: 250
that can happen. many crypto users do not have enough knowledge to start coin trading so they are often wrong when it comes to taking policies and the right time to sell or buy assets. and many crypto traders are often fooled by bad news or news that can cause panic. so they are often wrong in anticipating market price movements. this often happens to date. this is due to a lack of knowledge about crypto currency trading.
member
Activity: 420
Merit: 11
Human stupidity can only affect the discharge of their own deposit. It makes no sense to get angry at the market, we must learn to understand it.
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