Investor Sentiment on the Cryptocurrency market - page 4.

BrewMaster

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There is trouble abrewing

Quote from: exstasie on October 20, 2018, 05:16:18 PM

Quote from: BrewMaster on October 20, 2018, 10:01:44 AM

in my experience it is hard to say because this market is still pretty small and very manipulated. and that makes everything near impossible to analyze including the investor sentiment.
for example time and time again we have seen altcoins that had no reason to rise, go up a lot because someone was pumping them and that pump changed the sentiment to buy because many investors are well aware of the situation and want to join in and make the quick profit.

I don't think Bitcoin is particularly manipulated. I've found that reading sentiment and commitments of traders is really useful for BTC, just like it is in the "real" markets like forex. To a large extent, this extends to ETH and the more liquid altcoins.

Much of the altcoin market is very "pumpable" though, because liquidity is so low. I'd say the less liquidity a market has, the less useful sentiment reading is. With low volume / low market cap coins, a single whale can completely change the available supply and demand. That's not possible with larger coins.

what i said above is about the cryptocurrency market in general not bitcoin market. otherwise i agree with you that bitcoin price is not particularly manipulated although manipulations exist in bitcoin always attempting to sway the price in their own favor.

as for other altcoins it is depending on the coin itself. i would disagree with saying ETH is not manipulated, in fact i believe it is one of the most manipulated coins in the market at the moment mainly because it is centralized and the foundation's livelihood depends on ethereum's livelihood and that is (in the current newbie-filled market) determined by having high market cap which is guaranteed by having a huge supply and a rather high price.

CASTIEL05

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I want also to use my knowledge in cryptocurrency in order to integrate it in the field of teaching specially, when I will make my first thesis whenever I proceed to my next degree. I just to emphasize that because I think it will become a successful master thesis for the OP. Investors are triggered in the market condition nowadays. Many people tend to quit in trading because they does not get anything in this industry.

cc80aa

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A study on business school claims that the whims and caprices of investor dictates cryptocurrency prices.the study, also claims that economic indices do not play a significant role in sharing the market dynamic.

In fact, cryptos are only worth as much as people are willing to pay for them.

setialovers

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I am believe negative news give big sentiment to investor. Negative news bring most cryptocurrency price drop more than 70% in this year. But recently, many positive news come to market and i am believe market condition will recover again.

naidray

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I guess it is definitely a risky environment to keep your investments in crypto, I have always found the best sides of crypto and used them such as getting paid in bitcoin for my work and paying other people to do stuff for me and building business ideas around crypto and so forth but the "investment" part of crypto has always scared me, I have been invested in it for over 6 years now however everyday I have lived with the fear of my money going up in smoke and when I wake up I will lose half of my investments.

It actually happened, I have invested in some stuff for a time and all of them got "hacked" or "scammed" or whatever and I have lost money, most recent being bitgrail and it goes waaay long ago if I have to talk about the first time but in general I stopped doing that because even having some money aside for some coins is now risky enough because even the coin owners could just take the funds they have and leave with a scam coin behind them.

DOH!

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Quote from: Aidenpeters on October 20, 2018, 12:41:00 PM

The whole bitcoin system started based on the sentiment. Also as the volatile nature of crypto kept the people interested, but the current stability is making the old investors bored

This market is still very new and trading volume is not large so I believe that its future development potential is very good. Put your trust in cryptocurrency because I think it will be a huge financial market in the future.

exstasie

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Quote from: BrewMaster on October 20, 2018, 10:01:44 AM

in my experience it is hard to say because this market is still pretty small and very manipulated. and that makes everything near impossible to analyze including the investor sentiment.
for example time and time again we have seen altcoins that had no reason to rise, go up a lot because someone was pumping them and that pump changed the sentiment to buy because many investors are well aware of the situation and want to join in and make the quick profit.

I don't think Bitcoin is particularly manipulated. I've found that reading sentiment and commitments of traders is really useful for BTC, just like it is in the "real" markets like forex. To a large extent, this extends to ETH and the more liquid altcoins.

Much of the altcoin market is very "pumpable" though, because liquidity is so low. I'd say the less liquidity a market has, the less useful sentiment reading is. With low volume / low market cap coins, a single whale can completely change the available supply and demand. That's not possible with larger coins.

binhvo1505

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https://streamies.io/

In my opinion, that is the optimistic sense of the stock. I think that many traders should put their trust in their portfolios in this market. I think this is a market of belief, we need to give it confidence and be loyal to it. A good result will happen in the future if every investor understands this.

Aidenpeters

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The whole bitcoin system started based on the sentiment. Also as the volatile nature of crypto kept the people interested, but the current stability is making the old investors bored

St4yInTh3D4rk

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"STAY IN THE DARK"

Quote from: Ridwan Fauzi on October 20, 2018, 10:38:17 AM

I think there is no difference between the cryptocurrency market sentiment and other investment places such as stock exchanges or stocks. Each investor or trader will have a different view when predicting the direction of prices, they will predict the direction of the price after seeing the price conditions at that time.

There is a difference when it comes to crypto currency investment because they just invest on the speculation basis and technical analysis which maybe completely wrong at any time because of volatile market whereas the stocks can be analysed by comparing the world economic range and sometimes the prices of fuel changes will leads to change in the stock value right?!

Ridwan Fauzi

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I think there is no difference between the cryptocurrency market sentiment and other investment places such as stock exchanges or stocks. Each investor or trader will have a different view when predicting the direction of prices, they will predict the direction of the price after seeing the price conditions at that time.

As the price conditions if continue to decrease, they will assume the bearish market will come, and otherwise, when prices continue to increase, each investor/trader will assume that the market will experience a bull run.

However, in dealing with bearish and bull markets every investor/trader will take different actions, for those who are always dissatisfied with the decisions they made when the market is bearish then what they did is wait and hope the market will increase and also when the bull market came they will wait and hope prices will continue to rise so as they forget the targets they had before.

BrewMaster

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There is trouble abrewing

in my experience it is hard to say because this market is still pretty small and very manipulated. and that makes everything near impossible to analyze including the investor sentiment.
for example time and time again we have seen altcoins that had no reason to rise, go up a lot because someone was pumping them and that pump changed the sentiment to buy because many investors are well aware of the situation and want to join in and make the quick profit.

TabithaHuber

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Each price should be considered as a starting point for further sale. The chain of events and price decline. It is also important to consider the correspondence of the current price.

Angelique Donovan

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This is indeed an interesting topic as there are multiple which lead to high sentiment such as and not being limited to, price hikes, postive news from the media regarding it which fuel the price hikes etc. It's important to note that if any big country gives the green signal for bitcoins its sentiment will rise. as of now, sentiments are bullish due to imminent pending approval of bitcoins. But we'll know for sure in the future if anything changes on the matter.

Cajor

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I think the overall sense of optimism and pessimism drives a investor's sentiment. Any positive prediction or good news will have a huge impact on a person optimistic about crypto's future. And quiet the opposite for a pessimist person.

Reid

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Hello ycollin,

I have been in crypto for a while by now. So I am in the flash back when you asked this questions.

First of all it was about the money. Yes it is. I am the same as every newbie here which thought of a higher compensation in just a little amount of time but as I get more knowledge about every crypto currency specially bitcoin, I learned it should not be the way it is.

USD is a currency and Bitcoin is also one. So what are we trying to get if both are currencies? Mostly we want a paper in our hands just so to say I have money. A physical thing.
Bitcoin changed the way I think. I don't need that physical thing just to say I am rich. Because I know I am and will be more once every nation adopts the crypto world.

Now about the market. As I said, it needs adoption. This dumps and pumps will just happen over and over since people are still thinking to have that "$". But in time, they will also ask themselves, Why?! BTC is also a currency. No need to exchange it.

exstasie

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Sentiment tends to lag behind price.

When a market is bottoming out and beginning to enter a bull market, investors are usually still stuck in a bear market mentality. Most will assume that bounces = selling opportunities and that the market won't recover. This sentiment implies that investors have mostly been shaken out, and the market is heavily short. This supply/demand dynamic creates lots of "price chasing" as the bull market confirms. All the sellers and shorters need to repair their positions. This creates a feedback loop where higher prices beget higher prices.

The opposite happens at market tops. Everyone is bullish at the top, buoyant and expecting continued gains. When the market starts crashing, general sentiment is "hopeful" or in denial about the possibility the rally is over. This causes investors to hold through declining prices. Like the bottom sellers mentioned above, these underwater bulls continually pressure price downwards as they capitulate and exit the market.

usekevin

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DGbet.fun - Crypto Sportsbook

Quote from: ycollin on October 18, 2018, 11:26:11 AM

Hello everyone,

I am currently working on my Master Thesis and as you can guess, the subject of it is ‘Investor Sentiment on the Cryptocurrency market’.

I came on this forum to get answers from the people who have already invested in cryptocurrencies or are actually experimented on this subject. My question to all of you is the following: From your point of view, what could be the factors responsible of sentiment on the cryptocurrency market ?

Just to clarify the terms used in my question, Baker and Wurgler (2006) gives two definition of investor sentiment:
1) The propensity to take risks and to speculate.
2) The overall sense of optimism or pessimism about stocks

Also if you have any papers that could contribute to my Literature Review, I am willing to take your suggestions.

Best,

ycollin

The speculation in the price of bitcoin ,still ruin the bitcoin.Their will be some optimistic and pessimistic thought in money dealing matter.It also will be their in stock market.Most of the holding traders will be the positive thinker.The short term panic seller will be the negative thinker in trading.Use to buy bitcoin at low price and sell at high price.It's easy way to get profit.

LeGaulois

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The volatility...
Giving excitations to people agree to take the risk to speculate, and creating a positive or negative feeling on the market.
You can have a group of people living only to see Bitcoin with a high volatility, it's what entertains them and often how they make them money. You can have another group of people who the volatility will give them a positive feeling (to them to make some money) or a negative (since they think they won't make a profit)

omonuyak

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Quote from: Ctn on October 19, 2018, 10:06:15 AM

I would say my sentiment are all about the money that I am putting into it. This money is attached to me that way because I have hard earned it earlier and thus I know the importance of it. Whenever I go and invest my money into crypto world which is far more sensitive than anything then it creates a feeling inside my mind which drives me crazy. This is a sentiment where I get many questions in my mind, like what if I loose my investment, what if things go wrong with the project in which I have invested. I have always try to overcome this sentiment so that I can relax and make investment freely. But as you know most of the time our mind takes over things.

That is what all of us will said but the reality is that investors sentiment do affects all of us as investor. The market is bearish now because of the forces of demands and supplies and the market factors that affect price of any assets is sentiment. When people are not putting money and you are the only one trading you will make loses.
This time last year I know how people were happy investing into cryptocurrencies market and that investments was translated into high price. But most people now are getting discouraged because of the way big investors has move the fund from the market.

Topic: Investor Sentiment on the Cryptocurrency market - page 4. (Read 991 times)