How can our stupidity influence the market?

[Iconic]

Yes. The stupidity can influence crypto market. I know two stupidities. They are the price dumpers and people who spread out FUDs. I think they are the big factors to make prices to go down.

[Annalise]

Of course , human stupidity in the area of peddling fake and unfounded rumours and dumping coins at a miserable low price have a way of influencing the market negatively.

[Cryptoz]

Sometimes, human stupidity makes crypto prices go down. The panicking sellers potentially trade their coins with too cheap prices. With this action, certain coins can be influenced to decline. I have seen some cases of panicking selling, it is so bad.

[Black ID]

Well, I think so. The stupidity will really influence the crypto market.
First, it is about stupidity only following the fud, hype, and fomo. then, the stupid decision to pick the coins and then panic to sell the coins when dumped. And still many more stupidity does.

[Ghozrd]

The crypto market shows a decline from 2018 and if we look at Crypto's market capitalization, investor interest has dropped when Bitcoin fell to $6k. Many miners closed and sold everything. But if we look ahead, I'm sure in 2021 prices crypto will increase because there will be many countries that use crypto for transaction.

[OptimusPrime]

I couldn't find the stupidity in your sentences. Seeing bad news about something is very common and people panicking is also a part of human nature so where exactly did the stupidity come in?

[Cryptoz]

I couldn't find the stupidity in your sentences. Seeing bad news about something is very common and people panicking is also a part of human nature so where exactly did the stupidity come in?

I guess the stupidity is on the panicking selling or dumping prices. Those are two fool things that people do in current market conditions. Those make crypto prices become worse and investors stay away from the market.   

[debra]

When the stupidity grows bigger in crypto, of course, it will only give negative influence. Well, without knowledge, some people may only follow the hype. And with stupidity, they will also keep doing bad activities that make the crypto market dumped again and again.

[Mazzza]

The stupidity of people does not affect the market, but a small one + for those who make money on stupid people. No, smart people make the market and we should try to think like them.

[JaniceFowler]

Nowadays people become more and more stupid. And well-known fact is that it can be the reason for market moves. But such people as traders exist thanks to cryptocurrency volatility. And trading can be automated to decrease the human factor influence. Unfortunately, yes, there are a lot of problems connected to trading, if the speech is about this factor. Sometimes even adequate people are looking for the place where they can get easy income. Surely, such software can help them in this task. The main thing is to use it responsibly and to know the details of application. Just think first and then do.

[tsakf]

The stupidity of people does not affect the market, but a small one + for those who make money on stupid people. No, smart people make the market and we should try to think like them.

Yes, Smart people are the whales, and stupid people are like the small fish. The whales, make the market move, and the rest follow.

[Jun]

  the  big players or big investors   is root cause of the market  movement,the can control the price to their own benefits . the creative minds spread and spreading unfounded rumors  to create negative to crypto community. here the stupidity comes up,without  sufficient knowledge they become panics selling that worse tj market  movement.

[Ghozrd]

The crypto market has given us a good trading experience. We can find better coins when we have been trading for a long time. Choosing good koi is not difficult, but trading without panic makes us foolish when we see teen markets being bearish

[OptimusPrime]

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.

You know,  I am trying to comprehend the exact point or reasons of your post. I just need to know why you created this topic because selling off out of panic is not stupidity

[EVEBlue]

Let's not forget the Elon Musk's April Fools Day joke