Bitcoin Forum

After btc hitting 20k lot of new comers wanted in

they panic , sell low , they caused the market crash

But the good thing that they are decreasing and getting out of the game day after day coz they are selling low (we are the buyers)

after that the market will go green and they will be watching and regretting (omg i had that coin and i sold it -5000% )

they will buy their coins high from us 

we should be thankful :D

Yes, it always happens, week hands are the ultimate loosers, im sure majority of such people who sold their bags in the bearish market will be buying back at higher prices later and they will provide the bullish momentum to the market.

I think the theory of FOMO is what really happen here, those onlookers waited for long and can't withstand the temptation and jump in but where burnt and sold in haste because they don't want to be to be in long term. Most people always tell the story of those that bought BTC at $10 and hold still $10000' but didn't know how difficult it is to withstand such temptation to sell and take profit

Yeah but no one cares about those weak hands and coward people who are always selling at half of the price because they are "scared"

Those people are those who invest on the ATH, and we can not blame them after all.. But it was their choice.

It is really annoying how sensitive the market is.
Any bad news causes fud, but great news wont cause fomo.
FUD in weak hands creates an annoyingly bearish market

Yeah I'm a noob too ::) this happened with me on Storm which have doubled in price last week. I have no regrets because it's all my fault and that's the decision I come up to. It's just that it got pumped exactly at the time I sold my tokens. My plan was to sell at 289, then buy when it come back to 250 and sadly, it didn't went that way (past history was 300-250-300-250).

This is the cycle of all markets, it's just more enhanced and evident in the crypto market. There can not be many weak hands left now, the main issue is that there is not much buying pressure right now. Once the price recovers upwards of 10k we might see some people starting to FOMO in

Yeah well, but it does not make sense to continue for 3 months now...

The fact that they are lack of knowledge about it and then just try to repeat it again. LOL the majority of newcomers don't know how to trade in the crypto. They are choosing to sell all of their coins to cut lost rather than be patience and wait for another waves will come in the future.

Mostly only newbies do that, that is a hard lesson to learn but very valuable if they get it. Most newbies ride the hype and buy at the top. And when the price slides down, they panic sell. I learned it the hard way as well on other alt coins I am invested and trading. But newbies learn and get the hang of it, not all of them though. Hope next time there is a pump, the newbies today know what to do by then.

This is actually the play that I have right now. It is very important to know the market psychology because this will provide you a better idea on when to buy or to sell. Like with what we have in the previous bull run of alts, many people bought the top and sold at the bottom because they are just following the community like a fool sheep. They think that they'll earn big profit if they just follow what's in (altcoin) for today without doing any decent research about it.

Many of the veteran traders are making their money from these newbies who are panic selling when the market is crashing. We should be actually thankful to them. They are making our lives easier by being manipulated by the whales and easily giving their money to us.  ;D

Everyone has a place in the crypto market. For someone to sell Bitcoin at 20k there has to be someone willing to buy at that price as well. So I welcome noobs/weak hands as you call them because the truth is without them we can't sell and make profit.

 We should accept the fact that in every market there are always positive and negative aspects like these weak people. FUD and etc in which we should be used to it because in reality there is nothing we can do with these weaknesses but still we must stay strong and focus because if we will not, it will become worst if no one will stand against these negative aspects.

Yes I think we are at the bottom of the latest crash, and have been buying bitcoin at 8K-9K and some of this may well have been coins that the people selling bought at 15K-19K as they give up and materialise their losses. And they may well be the people buying again once bitcoin rises back to 15K sooner or later, and they start reading “can bitcoin go to 50k and FOMO in again!

That clever video on YouTube from Bizonacci “bogged” reminds me of those poor ‘buy high-sell low’ investors - https://youtu.be/KV5QlSgq7lg - I play it with the sub-titles on to fully get Bogdanov playing with the investors psyche!

BTC @ $20k: Few of my friends were asking me about the price predictions to jump into it and told me they will invest high if btc price dips down to half.
BTC below $10k: Now everyone of them saying "look bud I told you it is a scam, lol. No one can understand the mentality of noobs and get rich quick dreamers.

Well at least they had the first part down and didn't buy right at the top. Now they're just being foolish by letting their opinion change from the one they had just a few months ago. It's funny how that happens, in the same way people say they'll cash out when they reach a certain value but often don't.

Fud , weak hand and panic seller never get out. The old one get out the new one coming in. They are also part of community and always there. We can not stop them. The market moves because of them and the market also will be more interesting because of them. I have seen fudster , weak hand and panic seller for almost 4 years. So dont ever expect them to be out of market.

that exactly how the market becomes stronger!

I really hope it's like you said. just now the news background is not negative, there are no reasons for bitcoin to fall in price, but it falls and falls.

in this situations markets choose who is the best people that deserve to be a winner
so, all the weak hands will sell their assets as soon as possible  ;)

Many new investors will be out of cryptocurrencies soon. After that some whales buy coins in cheap price. Next market might rebound and panic sellers will lose and whales will be rich. But the main question here is when will the market starts to rebound? Next week? Next month? Or even next year.

There is no doubt one will be tempted to get out when the loss is getting too much to bear, take your loss and live to die another day, the problem here is that most of these people came to the game late and want to chase the price forgetting that the price of Bitcoin was around $4000 some months ago. This is a big lesson for all  to learn from

So... What is the conclusion :D Do you want noobs panicking and dumping the price or strong hands to go to the moon? ;)

Most of the times it happens this way , people are mad that they didn't get sooner and ask here if it is gonna dip further so they can buy. Once the dip is there they will say crypto is dead and don't buy in . Repeat this cycle next bull run.

It will never get rid. Anyone can say something to bitcoin. it can be good or bad. It will.be part of every market. Somehow, I find it weird coz it looks like someone it behind every crash. Market  usually being manipulated.