How can our stupidity influence the market?

[Domithra]

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.

[MuTu]

I agree with you because that's the fact that has happened to date. Big players control the market and small players follow it. That is what happened today.

[gurunanakji777]

Yes when majority of the crypto enthusiast speaks negative through the forums and spread negativity it can huge damage to crypto investors or crypto market because due to this many investors sell their valuable coins in panic and it can be avoided when crypto community will be serious about the crypto market. Together crypto community can create a positive environment but it can be possible only when every member of the community would be serious for the growth of crypto market.

[dentolas]

Couldn't agree more... human stupidity is not helping crypto to move forward... people are just too greedy and impacient and instead of moving the market at a hodling pace, earning some profits, they just want to follow a few graph readers that call themselves seers and  dump all the way down...
Can't people see that these graph readers are just looking to the drawings the market makers want to do?

[tsakf]

Yes when majority of the crypto enthusiast speaks negative through the forums and spread negativity it can huge damage to crypto investors or crypto market because due to this many investors sell their valuable coins in panic and it can be avoided when crypto community will be serious about the crypto market. Together crypto community can create a positive environment but it can be possible only when every member of the community would be serious for the growth of crypto market.

That's why there is an old tip for stock market investors, that apply to cryptocurrency too. "Buy, when blood is flooding the streets". Of course, they are not talking about dead people, they are talking about the time when everybody is running away in panic.

[Volonter]

It seems to me that in order to influence the market, there must be some kind of mass movement in order for the impact on the market to be large, in other cases you must have large funds!

[MVT$]

You cannot expect everyone to be "thinking" traders. Pros will always take advantage of noobs early mistakes.

[Domithra]

It seems to me that in order to influence the market, there must be some kind of mass movement in order for the impact on the market to be large, in other cases you must have large funds!

Waiting for a sudden mass movement and acceptance of cryptocurrency seems like a chase for the Holy Grail. It must begin from the scratch and with the effort of the limited number of users of crypto as compared to the entire population of the world, cryptocurrency can reach out to these people through the introduction of tangible projects which have already gained roots and have a real time usage in our daily lives such as the health related projects, projects related to banking and credit cards, AI projects etc.

[Nostoman]

The market condition is very difficult but Forum members get for cryptocurrency. Market process different network always looking influence over. It related banking system for everyone.                   

[tsakf]

The market condition is very difficult but Forum members get for cryptocurrency. Market process different network always looking influence over. It related banking system for everyone.                   

Exactly. We know the cryptocurrency is the future of payments. If we did not believe this, we have nothing to do here. We are here, because we love cryptocurrency, and we think it will be here forever. Market prices have to do with fiat currency system, that will be relevant to this, for a decade or two. Then cryptocurrency, will be the norm. Fasten seat belt, and enjoy the ride.

[Zed0X]

Well said.

A lot of retail investors often blame these "whales" for manipulating the market. That may be true to some extent but it is still these retail investors who choose to get caught in these pumps and dumps scheme that's responsible for major market movements.

[pelana vreo]

you make me even more confident about holding back the coins I have held for a long time, some exchanges show a downward movement and the crypto market weakens because some people have sold coins cheaply, they are afraid of losing money and everyone I think has the same thing, that is, they don't want , all decisions are on everyone and until now I will wait and remain confident that cryptocurrency will be accepted and will be part of modern transactions in the world

[Paglamon]

I have come across only positive feedback and thinking on this stupidity influence the market. Every investors Belem these cause human carry on

[KYB40]

Human stupidity when it come to cryptocurrency is the result of extreme pumps and dumps. Others call it FOMOs and panic sells.

[Prime]

Many kinds of stupidity on crypto market. In my opinion, the biggest one is pump-dump, it makes market very unstable and hard to recover till now. And the others are panicking selling and trading coins without sufficient knowledge.