13222915, Isn't the whole thing about "investing" about "having someone who....
Posted by c71, Sun Dec-31-17 03:27 PM
....wants to buy?"
How valuable can a stock (or commodity) be if no one wants to buy it?
Some will say, "well, if a company who sells the stock is profitable, then the stock price will rise even if no one (supposedly) wants to buy the stock at the moment."
So....
The value of Bitcoin (or any stock or trade commodity) seems to "need" people who want to buy/invest in it for it to have "value."
Therefore...
If a lot of investors who don't understand investing get into Bitcoin or stocks, then their behavior (unwise buying, selling, trading or whatever) will effect the stock value or Bitcoins value (no matter what the "wise" investors would want or hope for - if all things "worked" as they "are supposed to" in this investing/trading game).
So...
the more people who "don't understand" get involved, the more "mess" can "happen" illogically or wrongly or whatever.
|