I have to say that reaction of market on this news was not very strong and controversial. Look:
AMP is in uptrend, but all large green candles are used for sales!)))
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I have to say that reaction of market on this news was not very strong and controversial. Look:
AMP is in uptrend, but all large green candles are used for sales!)))
Information is very assymetric in the crypto news, in back January it took like 2 months before the crowd reacted to the bad news then.
Now good news are coming out, and it might take another 2 months before the people react, although a price increase is pretty obvious, so it may be a lot faster, maybe 1 week.
Usually people will jump into buying AMP even if they havent heard of it, especially the traders on Polo and Bittrex, they are just basically gambling there.
But good investors like me have been in this for 6 months, I am very ahead of the crowd.
seriously lol i thoight @park.bom was joking here haha u cant just point at the second a pece of news was released and claim "Oh the market didnt react well to this" hahah the market reacting from peoples actions and percption of news can have a huge delay! u will be able to preict it eventually but not now!
hha very soon tho and maybe aready u an preict with aii software to get a feel for how fast ittakes peopel to react to crypto news
some crypt inestors only make moves ionce in a few months and just stay away from the crypto world for large periods of a time and come back and only checkk up ce in a few months or weeks!