06-20-2021, 04:44 PM
Markets are moved by psychology, not fundamentals (even crypto) - Change my mind!
<!-- SC_OFF --><div class="md"><p>Coming from the stock to the crypto world, it's not that much of a change: in many aspects it seems that there are psychological and social factors that matter much more than fundamentals.</p> <p>The plethora of chart/fibonacci-based predictions is based on market sentiment isn't it?</p> <p>I'd like to hear criticism!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Electrical-Type-6150"> /u/Electrical-Type-6150 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o42gag/markets_are_moved_by_psychology_not_fundamentals/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o42gag/markets_are_moved_by_psychology_not_fundamentals/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Coming from the stock to the crypto world, it's not that much of a change: in many aspects it seems that there are psychological and social factors that matter much more than fundamentals.</p> <p>The plethora of chart/fibonacci-based predictions is based on market sentiment isn't it?</p> <p>I'd like to hear criticism!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Electrical-Type-6150"> /u/Electrical-Type-6150 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o42gag/markets_are_moved_by_psychology_not_fundamentals/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o42gag/markets_are_moved_by_psychology_not_fundamentals/">[comments]</a></span>Kind Regards R