#Psychological aspect#Thepsychological aspect affects the digital currency market, represented by the rise of currencies and the fall of others

Suppose a new currency is issued at a cheap price, the psychological aspect motivates the trader to buy the currency for the purpose of greed, thinking that the more he buys a new low-priced currency, the higher his profit.

Here the price of the new currency rises, and when the digital currencies are sold by those with a large share of the seized quantity (owned), the price of the currency decreases due to the availability of a supply greater than the demand. Here the psychological aspect plays a role in motivating people to fear the decline in the value of the currency, so they also sell at a cheaper price, and it may be a sale. With a loss, the value of the currency decreases

If the self, in its fear and motivation, is the cause of the rise and fall in the value of the currency.

The soul, in turn, affects supply and demand, whether it decreases or increases.

Do you agree with me?