Positive promotions brings more investors fall into crypto market. Yes and this is agreed. I would like to say that negative promotion filters strong and confident investors in the market. How do you see it? I say we need strong and confident investors in the crypto market then investors who just look for huge profits a sudden and leave out for another platform if they do not see profits within the time they expect. Whats your thought on it?
There will always be two phases to the market as far as I am concerned which is a downtrend phase or an uptrend phase and there is nothing anyone can do about it.
Also, there will always be four different set of people in the market, the whales who are always the ones controlling the prices and trying to shake out the weak hands, then we have the traders who are trying to take advantage of the fluctuations, and then the real holders who are looking to the long term and then finally, the weak hands which I already mentioned when it comes to shaking them out.
All these number of people are part of the market, and news is just a fundamental part of the market that drives the market somehow, but the fact that a market is down now does not mean it would be down forever.