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RE: If Your Cab Driver Starts Talking About Bitcoin, It's Time To Sell - True Or False?

in #crypto8 years ago

Thank you for this interesting article. I guess the biggest problem is that people instead are often driven emotional.
If let‘s say bitcoin decreases dramatically one day, rationally seen this won‘t affect any other cryptocurreny but because people are reading and watching this hysteric, crappy news a lot of people will act in this hysterical way.
I agree with you, the challenge is psychological. But as markt prices depend on supply and demand from a lot of market players, having a low percentage of rational thinking people won’t help them to keep their investment stable.