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Author Topic: Psychological fear dominates the market  (Read 786 times)

Offline yousufatik

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Psychological fear dominates the market
« on: September 29, 2018, 02:07:38 PM »
The continuous decline in Bitcoin prices may make investors very nervous and many people have lost confidence in Bitcoin as well as crypto.
This is a very normal psychology and nothing strange in life, in any field, there are two emotional state is governed by FEAR and GREED.
Especially in the financial market, not just the crypto market, when prices are rising, people often feel GREED, focusing only on positive trends and never thinking about trends. Negative, when the price goes down, then the person feels FEAR, then focus only on the negative trend and never thought that everything would be positive again.
Talk about this for people to imagine that believing in a current trend is only relative and timed, so look at the market trend with an objective eye (out-of-game) so that If not, then it will not be absorbed in the psychological game of the market. Finance is a game of psychology!
What do you think about this?

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Psychological fear dominates the market
« on: September 29, 2018, 02:07:38 PM »

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Offline Infinite Q

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Re: Psychological fear dominates the market
« Reply #1 on: September 30, 2018, 05:47:21 PM »
I believe that, and my opinion is confirmed by profit. What can be earned in a declining market. Yes, the mood of the majority is really felt. But I do not believe that the crypto world is coming to an end. First, as long as there is an opportunity, people will make money. Secondly Already in May, the financial flow for the 18th year exceeded the number of investments in the crypto currency of 17. This is an important indicator, and my opinion is that very large, really large players lower the price of bitcoin, and it accordingly affects the entire market.

 

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