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Topic: Can human stupidity affect the movement of the market? - page 31. (Read 22301 times)

full member
Activity: 546
Merit: 100
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 behavior of the crowd affects crypto currency since crypto coin's value is affected by its demand and supply. Whatever will be the feelings and opinions of the people, crypto currency will be affected.
Yes, market changes are solely affected by people's activity in crypto market. Like those people who are affected by fear uncertainty and doubt will mostly dump their coins in the market and vice versa for those who buy then it will change the market supply and demand, and that will determine the coins price and value and for those crypto haters that published negative thoughts about crypto can still inject FUD to people making crypto image down.
hero member
Activity: 952
Merit: 500
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 behavior of the crowd affects crypto currency since crypto coin's value is affected by its demand and supply. Whatever will be the feelings and opinions of the people, crypto currency will be affected.
I agree.Like people who are making negative news or hypes,this will really create an effect to the market price as there will be some people who actually believe it and tend to make panic selling particularly when price drops.We should understand that bitcoin is so much volatile so anytime of the day it will suddenly change its market price.
hero member
Activity: 3080
Merit: 603
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 gives influence to the market by putting out the emotion of the investors. And when some bad news were reported, expect that the market will be shaken quickly.

You know on how it can make the crowd react if the news were not positive but if it's positive then it can also bring up positive effect to it.

Are you related to Jamie Dimon?
newbie
Activity: 196
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?
The behavior of the crowd affects crypto currency since crypto coin's value is affected by its demand and supply. Whatever will be the feelings and opinions of the people, crypto currency will be affected.
hero member
Activity: 1274
Merit: 516
Like you said , the news heavily affect the crowd behavior and crypto market is depend on the people's behaviour and news is the number one source that affect people's decision, so news play important part here in crypto market, many people depend on the news to make the trade
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
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?
Your title says one thing and your post says another.
Anyways, everything you mentioned can actually bring a huge affect on the crypto market. The political part plays a huge role on this one. Look at the previous events. When China started to regulate crypto currencies, we saw a huge movement in price. Same thing happened when Korea started to do the same. Social media is controlled by the government, so it falls on the same category too. Every news related to crypto currencies can positively or negative affect the movement of the market.
member
Activity: 378
Merit: 10
It can effect really bad because a lot of thing in crypto market are depend only in the crowd if there is a good news everything will be fine if one of it will be going crazy it will be ruined anything.
jr. member
Activity: 420
Merit: 1
Unfortunately, many investors and members of Btt want to easily and simply make money by investing, making a decision based on the news of the media. In fact, the right decisions must be made by the mind, or rather, you need to think and analyze the available information before investing your money in profit.
hero member
Activity: 770
Merit: 500
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?
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 about crypto they afraid from that and they then escape away to think that they will be secured. In this way it can affect.
full member
Activity: 134
Merit: 100
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?

Media can affect how people view something. Just like cryptonews, most of the news about bitcoin that I've watched shows negative things. But I don't believe in it. Remember not all the thing we see in media are true. Some are sugar coated. 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.
member
Activity: 336
Merit: 12
Emotions, herds mentality, mass hysteria, of course markets are driven by all these things including greed and fear. Crypto-markets are probably the markets which are the most affected by stupidity (as emotions/ irrational). Everyone should definitely study mass psychology and how it affect markets/politics.
newbie
Activity: 14
Merit: 0
well I do not understand what you mean by human stupidity but am thinking of maybe panic selling. Sometimes the market makes people sell out of fear thereby contributing to dumping and in the long run affect prices of BTC and ETH  in the market.Panic selling is not good because weaker hands  make stronger hands rich
newbie
Activity: 13
Merit: 0
Human stupidity is major reason for any market movement lol Grin
hero member
Activity: 2086
Merit: 994
Cats on Mars
Of course it can, look at what happened in December last year  Grin thanks to FOMO, tons of dumb money  began to pump the market to new highs which eventually led to a major crash/correction. I don't doubt that the majority of newcomers let their emotions play a big role when they started pouring money into the cryptosphere, but I'm pretty sure there was a big % of people who simply let their stupidity override their rational thinking, I'm talking about those who thought they were about to get rich with cryptos in no time...so yes, stupidity can have an impact on the cryptocurrency market.
legendary
Activity: 2380
Merit: 1343
I dont agree that its stupidity that is changing the markets its more about
inexperience and how the inexperienced react to news both in the mainstream
media, crypto media and forums. They suffer from FUD and FOMO which affects
the markets.

We have to expect this as part of the crypto scene. Anyone can get into crypto
whether they have experience or not and with whatever amount they want
compared to traditional stock markets.
legendary
Activity: 1694
Merit: 1005
Betting Championship betking.io/sports-leaderboard
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?

I think it would happen the same way you just described. Media can affect the behaviour of a crowd, at least one that is not well informed. As long as momentum gets generated by news, it affects the masses and a lot of people end up simonizing their behaviour. In fact, that is exactly why trading works. Traders read signs, and act accordingly making the market move in one direction. Traders don't just use technical analysis, they actually use fundamental analysis as well, and that is news related. Of course that good traders now how to filter the news, and bad traders don't.
member
Activity: 217
Merit: 14
We the humans speculate about the market and predict based on the changes that were taking place in accordance to time. Each and every move that an user takes will create a impact over the growth of the cryptocurrency. Some causes a positive effect while some creates a negative effect which is based on the market scenario by the respective time.
sr. member
Activity: 602
Merit: 255
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?

All the people with some knowledge have a habit to read a news paper .Just consider ,you had get the news of bitcoin become illegal in USA.All the people in USA will sell their bitcoin with profit,if the price is higher or with lose.This will directly or indirectly affect the price of bitcoin.
legendary
Activity: 2366
Merit: 1206
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 has a really effects if you listen to those making FUD news made by big politicians and those whale trying to manipulate the market cap price. Then, you become stupid if you listen to them because you do not trust bitcoin or other cryptocurrencies that have an effect and make worse to the market price and that scenario whales riding the price movement when newbie start a panic.
However, this issue I think those newbies will experience this but for those old investors, they already know regarding this.
member
Activity: 132
Merit: 12
The media have a huge influence on investors. We have seen a huge amount of FUD being spread many times which led to big dumps of bitcoins on exchanges. There are many sites related to cryptocurrencies which are not professional at all and post misleading information. The same thing goes for politics, take China as an example. When they announced that they are going to prohibit using Bitcoin, the whole market started to panic sell because the vast majority of investors were from China back then.
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