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RE: Do the News and Events move the Cryptocurrency market? You'll be surprised.

in #bitcoin • 7 years ago

I agree Fear and Greed are big drivers but Could there be an argument for adding impatience to that list.. Take BTC right now it can't make its mind up to shoot up or down. I suspect a lot of inexperienced traders, new to crypto, who caught it at $3000 might get bored and cash in on profits rather than waiting until BTC decides which way to go ?

Just a thought

7 years ago in #bitcoin by
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     7 years ago 

    afaik, this was certainly the case years ago (dumps by impatient btc traders), but now, dunno..

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     7 years ago 

    Just a thought but for sure Fear and Greed is what drive prices

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       7 years ago 

      What is the dual opposite of impatience? Patience. This is only a guised presentation of fear and greed.