Every project has a Partner according to the platform and the goals they want to achieve to make it easier to realized, I believe the project's goal of partnering with other projects is to improve existing products, to increase investors' interest in being interested in the products they produce. produce. Therefore, the team will do their best for the progress of the project and community members will have to be patient if the price of the coin they hold drops and hope that the price can recover quickly.for all processes to work for the benefit of the project, each partner must fulfill their task in order to have the corresponding results. But today the information space has a huge influence on the cryptocurrency market, where very often people speak negatively about cryptocurrencies or about specific projects.
Depends on the news, bro. If it is good news, then the price must increase. But if it is bad news, then probably the price will drop because the demands to be decreased. This is crypto investment, the market and crypto coin prices are very sensitive with current news. So, we must always watch the current news.maybe the news that you mean can also be an indication of something that will happen in price movements, because the indications are clear not only from news but can be from other things resulting in a decrease or increase in prices.
I see this not only with regard to the new partnership announcements, but all the information regarding the cornerstone milestones: updates, press events, development announcements, new cooperation...Crypto is about making profits and once most investors realize that, that aim has been achieve regardless of whether that particular event has happened or not guess we will definitely see a price reversal. I believ most investors still believe that all this news about some crypto projects will continue to pump the price but to some, its all about hitting your profit and moving o on to the next.
The reason for this price drop comes from the preceding bull run when the community's expectation on value & the impact of that positive information is too great. As soon as the event took place, the token price peaked and satisfied the investors, they sold sold sold and caused the price to fall.
Example: Cardano's Mary hardfork on Mar 01:
+Before the hard fork, news of it appeared in various news sources and caused community expectations of the project to rise, pushing buying pressure and ADA prices higher. The ADA made ATH $1.48 on Feb 27th.
+Just before the hard fork, investors sold ADA to take profits and dump the price of ADA down to $1.15 as it is now :)(https://i.imgur.com/I3r0iAZ.png)
Every project has a Partner according to the platform and the goals they want to achieve to make it easier to realized, I believe the project's goal of partnering with other projects is to improve existing products, to increase investors' interest in being interested in the products they produce. produce. Therefore, the team will do their best for the progress of the project and community members will have to be patient if the price of the coin they hold drops and hope that the price can recover quickly.I totally agree with your statement. If each partner works according to their announced roadmap, continues to improve the quality of their products and if they can reach the subscribers, the currency will not decrease but increase. At the same time, investors need to be patient and refrain from negative comments when the currency goes down.
lol this sounds hilarious mate, i wonder how you expect anyone to be able to answer this your question directly especially when you did not mention which coin or token you're referring to in particular and we cannot say that can be generalized for the entire crypto projects.If you are referring to the poster I believe he mentioned Cardano's Mary hardfork on Mar 01 and of cause this might not be the case for many other crypto projects. We have indeed seen instances were news release have had big impacts on price movement even recently but I believe as we all know, You cannot predict the reaction of investors with whatever information developers are putting out.
Positive news will have an impact on price increases while negative news will cause prices to fall, I think that's a natural thing to happen. If there is no such thing, crypto circulation will be choked up and those who are smart at choosing the moment will benefit.
You spoke too carefully, but it seems to me that news almost always affects the cryptocurrency market. Of course, it all depends on the source of the news and on their content. Undoubtedly, celebrity tweets, such as Ilona Mask or the statements of the US Treasury Secretary regarding cryptocurrencies, instantly affect the behavior of cryptocurrency users, which significantly corrects cryptocurrency rates. It was before, is now and will be in the future.Positive news will have an impact on price increases while negative news will cause prices to fall, I think that's a natural thing to happen. If there is no such thing, crypto circulation will be choked up and those who are smart at choosing the moment will benefit.
Sometimes some news has a very positive effect on the growth of the price of a cryptocurrency. We could be convinced of this relatively recently. The rapid rise in the price of BTC caused the news that Elon Musk is interested in him. It also happened with DOGE. So the news is the news.
next time the partnership announcement is made the price will still drop again, what do you think could be the problem,your opinion is quite needed here?Yes, there are some projects that I see like that, maybe it's a correction or some investors start leaving the project because they think, the partner is not good or right at the moment. Actually there are many reasons why the price of the coin has dropped, but I am sure that the project team did what was best for the community
This year I discovered that some of the crypto currency project keeps on falling anytime there's announcement is made concerning partnership the price will drop instead of increase, next time the partnership announcement is made the price will still drop again, what do you think could be the problem,your opinion is quite needed here?That's not all right. In fact, it could be the other way round. It is all very dependent on the news. The news affects market speculations either negatively or positively and investors and active traders works towards that to take advantage or minimize disadvantages from such news. It definitely isn't a one way scenerio always.