How does the manifest law of assumption apply to the world of cryptocurrency?

1 answers

• Ricky ANDNov 08, 2020 · 5 years ago
  At BYDFi, we believe that the manifest law of assumption can play a role in the world of cryptocurrency. While it's important to base investment decisions on thorough research and analysis, the power of belief and assumption should not be underestimated. Investor sentiment and market psychology can heavily influence the price movements of cryptocurrencies. If a large number of investors assume that a certain cryptocurrency will perform well, they may buy it in large quantities, driving up its price. Conversely, if investors assume that a cryptocurrency is overvalued or facing challenges, they may sell it, causing its price to decline. Therefore, understanding and monitoring the manifest law of assumption can be valuable for cryptocurrency investors.
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