Bitcoin Forum

I have seen and witness people involving in bitcoin, most people can not stay a moment without panicking. A colleague of mine who have Minuit bitcoin has buggy me with chats and calls to update if bitcoin will survive this years, why can't people know what you're engaging into first before diving into it and start acting like a child. Different set of people are into this bitcoin, even people don't have investment are making noise of bitcoin price collapsing.

But come to think of it many have bitcoin in B figures but you can't hear them making noise but people with $30 will not allow you to rest especially if you're responsible for introducing them. Bitcoin will rise when is due to rise, remove fear and plenty rumors.

It's because of emotion and FOMO. That's why if you're going to ask that friend of yours, he probably bought bitcoin because he's seen it during the all time high. He didn't make enough research about it and went directly on the search engines and typed "how to buy bitcoin".
Other than that, he did actually a research of how to buy but not with the characteristics of bitcoin and its nature as a volatile asset. We will always have that type of person that will be worried asking if bitcoin's already dead or if there's still a chance for bitcoin to recover. We do get a lot of that everytime the market don't look good.

The problem sometimes is not introducing someone to Bitcoin; it's all about who those people are and what you told them from the beginning of your introduction to them.

If you are the one who introduces them to Bitcoin, then you are really at greater risk of not having a peaceful life, especially if the price goes sideways. Someone who has already started disturbing your chat and calling you to ask you if Bitcoin will survive or not is a typical example of someone who doesn't believe in the currency and only invested their funds because someone asked them whether they were liable for taking a risk.

Well, about that, every person is not the same; those kinds of experiences occur usually during their earlier stage of knowing and investing in Bitcoin, but as they continue to read, learn, and understand more about Bitcoin price history and market volatility, they will still get used to the process. Some of the old Bitcoin holders have really been familiar of the whole process and how Bitcoin works, so that's why you will not see any of them coming to brag about how many Bitcoin they hold because it can even expose them to some hack attacks.

When talking about people you introduce to Bitcoin being a disturbance, it depends on how you introduce them. For example, if you really did not give them all the required information to help them, they would still be so clingy, but if you told them all the terms that are involved and also gave them some material to learn from, they would be more self-reliant. Some months ago, someone was talking about Bitcoin to their friends, and he asked them to invest in Bitcoin and wait until next year, when the Bitcoin price will be so high. So what if, during the next year, the Bitcoin price does not show positive growth? That means those guys will call the person who introduced them and ask him what is happening. So, it's always cool to define things for people when teaching them, if they really want to learn anything.

It is normal for newbies to worry about the price of bitcoin. Most of them are fed by social media so they are filled with false news. This information leads to fear, uncertainty, and doubt, so you have to be prepared to tolerate their disturbance. The $30 that you feel is nothing might be someone's savings for many months,  so they don't want to lose their investment which is why they are also scared.

It is very important to educate people about the Bitcoin sector before you introduce them to the sector. Don't introduce the sector to them as a  because it is not. And they should be aware of the risk involved in bitcoin. After you are done with the teaching, don't force or persuade them to buy the coin, allow them to take the decision. Let them bear the responsibility for their investment.

This is definitely due to the orientation or narrative that was sold to those kind of people. Most of them were probably told that there are people that became millionaires with cryptocurrency and as such they relate such pump narrative to bitcoin. These set of people cannot hodl and those you see clearly checking charts and every hour. It is even easier for these people to fall into scams by those selling signals or people promising them to double their earnings through staking.

It is natural since it is there early days, but once they got use to it; if at all they don’t lose their funds before then, then they would also careless of the bitcoin price movement daily. This patience is only exercise by old bitcoins that have study bitcoin well enough or people that only invested an amount that is considered losable to them.
It is hard thing to guide people like this if they persist you tell them it is not always green on bitcoin and that the can’t get there millions from investing just few hundreds in short term.

You shouldn't hold them accountable for investing their hard-earned money. It's normal to have certain concerns while making a new investment. He must have been afraid of losing them because, in addition to bitcoin, it frequently faced criticism from the general public. In spite of market volatility, only those with a prepared mentality who have done their own research on bitcoin and genuinely believe in it won't be afraid of losing their asset.


They remain silent about it because they are prepared to deal with whatever the market throws at them, and they are also willing to lose all of their money if volatility causes the market to trend downward. However, they are aware that the market will eventually recover, so they aren't worried by rumors.

That is so true. Some people go crazy when bitcoin price dropped deep, they always cry what if bitcoin goes out of market. How they will get back their money if bitcoin go out of market. But the funny thing is they only invested 50$ or 30$ in bitcoin 🤣

I think people are mostly afraid or panic about things they don't understand enough. It's like when a new toy comes out and everyone wants to be the first one to get it, without considering whether they actually need it or not. They get caught up in the hype and excitement without fully understanding the risks. And let's be honest, some people just love to overreact and create unnecessary drama, especially when it comes to money.

There are several reasons why people do not investigate or Research into what they want to invest in and in the end of the day they'll begin to shout about being scammed.
 One of the reasons is because some people are lazy and they would like to be spoon-fed in everything they do including investment and financial management.
Another reason is because of trust. If someone you trust in real life introduces you into any Investments, they would not hesitate to participate, but most times things are not done so. Even the person you trust might not be aware of the negative aspect of the investments. So, investment is not just done solely based on trust but also research.

And finally, the major issue is the get-rich-quick syndrome. Some people will do anything possible to pay one and get two within a short period of time and those people are always victims.

Why you went off the topic? You should be talking about the fear of losing bitcoin and you actually are talking about the fear of Bitcoin's price.

Because they are invested in something quite the opposite i.e. Stocks or Gold and they want users to join their investment and pump it up.

Bitcoin is a mathematical genius investment which requires patience and following of the infamous 4 year cycle.

People who become crazy whenever seeing the price drops, surely have no proper mentality as a trader or an investor. If they can't control emotion and always panic, they are better to stay away from Bitcoin investment or trading. Not everyone can be suitable for a high-risk thing like Bitcoin, it is for the person who has a strong mentality and knows well crypto market only.

Yep, investing around $30-$50 is a small fund, no need to worry as long as holding it until the bullish season. That amount of money won't bother our financial stability too, just forget it and check again in the next bullrun.

Just relax, It's the same situation with me when entering Bitcoin for the 1st time. So, If one of them asks to you how to avoid that panic, tell them to just relax and forget about the price. Just give suggestions to them to take relax by singing a song or karaoke. If Have more money, take hiking to the mountain or go on holiday to the beach. I am really sure they will forget about it and happy ending.

or forget everything about crypto for about 5 years, and maybe there will be a big surprise after that.

LOL! That's kind of normal to many people and that's indeed annoying. That's why I would rather avoid telling somebody to buy Bitcoin, especially if I know that he's the finger pointing kind of person. I don't want to get the blame. I'm willing to answer some Bitcoin-related questions, of course, but I seldom volunteer to teach somebody about it. Of course, I'm not an authority in the first place, but also because it's possibly that he/she will buy because of me and I know that when it comes to money people are very irritable. The price could fall and newbies could easily be affected.

With people who don't accept risk or ignore risk but only think they will get a rosy road with investment into something, Bitcoin or other assets, they are annoying with people who give them financial advice.

Me too. I am not ready to give advice to others and face with risk that they think I am giving them financial advice which can be used by those guys to blame on me for their loss. I am not ready to take such responsibility.

I can answer their questions about Bitcoin technically. How to buy, sell, store their bitcoins safely.

Informing them or teaching them about basic technical things are more interesting and meaningful in my opinion. If they ask me about Bitcoin investment, my first word for them will be "it's risky, don't invest in it if you can not afford to lose your money".

A next one is, "It's my thinking from my experience but you must be responsible for your decisions, actions since a day you invest in Bitcoin. Profit or loss, it depends on you, not me".

Well, disclaimers can only do so much. The moment people get emotional, especially about money, reason flees. Their minds suddenly become creatively tragic. That's sad but that's always true to the great majority of people.

Whether we admit it or not, investment is not something many are willing to risk. It isn't everybody's cup of tea. I mean, the real investment, the one with ROI but also with risks. People only love the good side of investment, when they make profit, but as soon as the market is in red, which is normal and healthy, emotions come in, clouds their judgement, and put you all the blame. They panic sell; they blame you. They buy back at a much higher price; they blame you. They forget that they're adults capable of making sane judgments.

Sometimes, we better be on our own. If others do what we do, they're totally free. They ask for assistance, we're always willing to lend a hand. But we don't suggest, convince, encourage, exhort them even with all the disclaimers.

I guess it was just pretty common on newbies since they don't have an investment in Bitcoin they getting FOMO on the line which is why they don't want someone to get a huge profit if they are not on it as well. I feel FOMO sometimes but I always remember not to get greedy and control my emotions over it. I mean most of the time that is when you lose your money when you invest in something without any kind of plan just because you feel FOMO.

Teach them what Bitcoin is and then just let them decide whether they want to invest in it or not, make sure to teach them that it is a risky investment. If they are actually interested on it they will learn it if not they just gonna keep on bothering you so might as well just ignore them.

Just tell them to dump their Bitcoin if it's causing them anxiety, why should they bother, these people are not ready to invest in Bitcoin, or somebody did not tell them to invest what they can afford to lose, people should be responsible on all their action when it comes to investing in Cryptocurrency I always tell people to just dump if they are having a hard time accepting that their portfolio is going down, so they will regret later.


They are not yet ready and they are investing for the first time, these people are not risk takers and they want easy money, if a guy comes to me whom I invited to invest, bothered me with his worry I will buy his Bitcoin with small interest, so he can save himself from worrying and myself from comforting him.

I don’t know if you are the one that introduced him to bitcoin. If am introducing anyone to bitcoin, I always make sure they know everything about bitcoin price movement, when bitcoin was created the price that bitcoin was, how bitcoin started growing gradually and am always making sure I show them how bitcoin dumped in the early stage of Covid-19 pandemic and with time bitcoin bounced back and went to its all time high, so I always make sure I tell them about the current dip is temporary and with time the market will bounce back, but am not in control of bitcoin price, I don’t know when it will start pump and it might also dump more.

If you want to invest in bitcoin, just make sure you don’t listen to what people are saying on social media or you might end up losing interest in bitcoin, even people that know nothing about bitcoin will keep on saying bitcoin will die. From what I observe the main people that do shout bitcoin will collapse are the once that don’t have any bitcoin and the newbies that are just joining cryptocurrency.

If I introduced you to bitcoin and you invested just $30 and you are disturbing me that bitcoin will collapse or you keep on frustrating me about price movements, I will just sell your bitcoin for you and I will ask you to go and flex with the money, bitcoin investment is not for everyone.

This is the umpteenth time that we have heard, that investing without knowledge is wrong and trying to invest based on solicitations from other people is very wrong behavior, in the end they are the ones who are responsible for this hasty decision. Your whole story makes me conclude, that you are a beginner trying to give advice to other people about investing in bitcoin and you don't need to do that in my opinion?

There are conditions where we must stop advising people that bitcoin is the best investment for the future, the reason is clear how people can interfere with your time to focus on work, rest and leisure with family and I am more focused on increasing my own investment than introducing bitcoins to others.

That's why there is no reason or responsibility for people to introduce bitcoin to others, while information disclosure is very likely they get everywhere for now. Nothing is more important to them than finding out the basics of investing before getting involved and the tendency for people to choose bitcoins is based on what they know.

When you are present to introduce bitcoin to people who do not understand bitcoin then that is where you are responsible for giving the best advice for the investment they are making and to me that would be a waste of time.

Normal feeling for people to get feared for losing their bitcoin and I also find this as healthy thinking since for having this thoughts you will be more careful upon throwing your capital on some investments around offer some good return of profit to their investors. Also aside from having that thoughts try to learn from past experiences since this could bring more knowledge to us upon taking good decisions especially when selecting good option to invest with.

I'm curious, are you the one who introduced your colleague to Bitcoin? if you are I think you at least have the responsibility of educating/informing him(at least that is what I think) about price fluctuation and how often they happen and high or low they flactuate, but if not, tell your colleague to do his research on the market he invested on. but then again, it would be a nice gesture to help him out.

I do not believe that people call you regularly and ask about the price and what to do next. History is made up.
But what people may be worried about is that these people who have invested their last $30 are very poor. If you are writing about this OP, then you should understand this. Volunteering, as some here think, helps spread the word about Bitcoin but is not always beneficial.
Talking about investing in Bitcoin and quick profits often do not end with talking about the fact that not everything always goes as the investor would like. But people who invested their last penny are rightly worried, thinking that in the end, they will lose it too.
Therefore, if you take on the responsibility of teaching people and campaigning for investment, thinking that you are helping them, you must see who is in front of you. And if these people are poor, and they have nothing to invest that they could not lose, they do not need to give any "useful" advice.

Some beginners may tend to be like that since their money is involved, and it's normal. Perhaps that colleague of yours must be new to investment— not just in crypto since if a person is familiar with investments, I don't think he'll keep bugging you about how's it going from time to time. People with other investments aside from crypto knows that it takes time for your money to grow.

And if you're (OP) the once who introduced Bitcoin to that person, you can tell him what you've said here that it will rise when it's due to rise. It won't change drastically with a short period of time. He can monitor the price every time he wants but panicking about it's value and movement won't do good. If he's bugging you so much, be honest and tell him about these things.

This is the result for someone who just dives into an investment that they are not familiar with and definitely know how about it.
Perhaps, people are screaming when seeing the price dump and speculated badly but guess what, they are too noisy then and proud when they got a huge profit from Bitcoin.

People who uncertainties on their life about their investments will be meant failing in the end. That is why before investing in Bitcoin, we must also aware of the consequences that we possibly encounter. We shouldn't take this easy as it was not and avoid negative thing that will affect our goal and decisions.

That's the problem, many people immediately start investing in bitcoin without learning about it first. Things like this are a fatal mistake, because you could immediately experience a loss, because you panic when you see market prices that are falling and not going up. Usually people like that are people who don't have long thoughts, only hear that other people can make big profits through bitcoin, immediately buy bitcoin without studying their knowledge first. So it's certain that people like that will panic when the price declines, even though if bitcoin declines, it won't take long, and it will definitely rise again. but because you don't study bitcoin as a whole, the result is a lot of anxiety, negative thoughts when investing, and all of that is not a good thing when investing in bitcoin. So for beginners, don't be too hasty if you want to invest in bitcoin, learn and understand it first, after that you can start investing in bitcoin.

Some people looks like hype invested in Bitcoin, when many people talking about bitcoin and trending on twitter or many social media platform all people talk about how profitable when investing bitcoin without try to learn basic or fundamental about Bitcoin. I think realistic with many people exactly for beginner panic moment when investing in bitcoin and price drop suddenly. They don't have enough knowledge about bitcoin recovery history price and seems selling on lower price is the best option before bitcoin going more down again.

Stop panic with when investing in bitcoin and never take care what happen with bad news publishing by some country or any community how to make bitcoin will going dump.

People who want to jump into investing in bitcoin should be able to learn more about bitcoin.
They can ask the people who introduced bitcoin to them so they don't go in the wrong direction in investing.
But in reality, many people cannot hold bitcoins for many reasons and in the end, they sell their bitcoins instead because they don't think the price of bitcoins can go up and down at any time.
Those people didn't research before buying bitcoins and just followed what people they didn't know told them.
It was their own fault and we don't need to be responsible for anything to them but it turns out they come to us and ask for an explanation as if we were the ones who taught them bitcoin.

Your friend in this story should be shown some empathy. It is almost like the join now and learn later thing. Probably the person who introduced your friend into bitcoin simply told him that the price was low and he should quickly buy at that time instead of waiting until the prices skyrockets high. After he has bought, he can thereafter go and learn all that it takes to know you should know about Bitcoin.

Secondly people who invest the lowest amount in Bitcoin and are worried about the price drop or increase are just doing so because they might have used the money they knew that they could not afford to lose to invest in maybe their widow's mite and  they know it would spell doom for them should they lose it or borrowed money. They are usually the first to sell when the market crashes. I believe they are called weak hands.

For a newbies acting in that way I may say it is normal given that they are new to the field and may not have acquired any experience that would make them less anxious.Investors occasionally experience panic attacks because they have invested money they cannot afford to lose in the belief that by doing so, they will swiftly succeed. As a result, when market conditions are unstable, they become extremely concerned about their investments' value.

If we observe the keep the cryptocurrency industry well, we are going to notice that the majority of people who invested very little money in bitcoin and keep complaining that the market is not moving they are mostly newbies who mistakenly believe that investing in bitcoin will help them achieve their goals quickly based on possible indoctrination from others who have no knowledge of the Bitcoin and hype it for them

It depends on how it sounds when you introduced Bitcoin to them. It depends on the purpose of introducing Bitcoin to them. If it was like oh hell yeah, this is Bitcoin, and this is going to give you xx times profit, and you will be rich. Bitcoin will make you rich if you invest. Well, I won't introduce Bitcoin to anyone saying such kind of things. I would say this is a currency which has some negative and positive things. Bitcoin is great for privacy and it gives you full access/control over your money.

You can send it to whoever accepts Bitcoin without involving any 3rd party. Moreover, it is very much volatile. Sometimes it's price increase a lot and sometimes it decrease a lot. You can take advantage of this volatility as well. You can take profit once it's price increase and buy back again when it's price decrease. That's how you should introduce Bitcoin to your friends.

If you come to think of it, people with their precious and hard earned $30 probably don’t have billions and can’t afford to lose their 30 bucks hence their fears you classify as noise making. If you’re responsible for introducing them to bitcoin, then I think it’s on you and you just have to deal with their noise making.
For your colleague, I think you should plainly let him know you don’t know nor control the life expectancy of bitcoin and that’s why you don’t know if bitcoin would survive another year.

A newbie resolve can waver very quickly when the media spreads negative news about Bitcoin, the small correction that occurs can make him scared and start thinking that he will lose some of the money invested in Bitcoin. The level of courage of investors who are new to Bitcoin is very diverse, some are resilient even though the wave is receding, some are starting to panic due to negative issues.

Those who are told about the benefits of investing don't fully understand the conditions that occur with Bitcoin, naturally they panic at the beginning of their journey. There is no guarantee that you can get profit on Bitcoin as you wish, especially at a predetermined time, market conditions really determine which direction you need to pay attention to, sell by taking the risk of loss or holding out until the price moves up again.

People with such intentions people will never get any better results in life even outside the bitcoin trade because they will never be patient in whatever they do
The mistakes people make today is that they were never guided fully before engaging in whatever they do
I believe the reason but get anxious when investing is that they always want to win neglecting the challenges and risk at hand and when they encounter lost they speak bad against bitcoin to be a scam
Proper introduction of bitcoin is important so as to enable a newbie what lies ahead

Sometimes people ask you this questions not just because they want to follow your answer, but because they want to validate their opinions and decisions. They already have an answer and opinion in mind, but they just ask to know what you have to say as someone who is more experienced or have more knowledge about crypto than they do.

Don't get upset when someone ask to get your opinion as the more experienced person, rather encourage them to trust their opinions and not always seek validation from others. Some opinions can be lead you wrongly.

This is normal with new investors and probably you did the same  ;D because you are trying to see how secured your money is in such investment. You can only feel safer with bitcoin investment if you have understood its technology and probably have witnessed a halving. Bitcoin critics like warren buffet and more will also have such fear when they invest in bitcoin  ;D



Is more like an empty container makes the loudest noise because it is empty indeed. So those with huge bitcoin investment would hide themselves away from people so that you don't know they worth that high but usually people with low investment and income always want recognition. This is a circle of how it goes with finance.

Lack of orientation is the problem, people now are days come with the common knowledge of Bitcoin and when their expectation doesn't align with the reality they saw with Bitcoin, that is when fear comes in and they start panicking. Your friend obviously doesn't have a proper guide about how Bitcoin works otherwise, he wouldn't be bothered about how the performance has been this year or how it will go this year, there is much in Bitcoin you can enjoy rather than just the usual buying and selling but adequate knowledge is what they lack.

You are also making it look like you are belittling your friend, I mean $30 is big money to some people and the fact that it is his hard earned money, you shouldn't make it look as if the guy didn't make an effort and besides, you have to try the little you can afford to lose so you don't regret later. Next time you want to introduce someone to crypto, tell them what they need to know, not the usual sugar coating and hype.

Hehe .... It's appalling to have HODLERS panic too much about the certainty of Bitcoin and how durable it could be...
It aches to my marrow when I'm being asked some questions like that; I don't like convincing those naive set of people to the truth.... sometimes, coupled with that fact, this questions paves a pathway in me -- haven't they been well tutored on Bitcoin already before they invested?? If no, what was the motivation then? Cus nobody would sink in money in something he/she isn't sure about.... To avoid unnecessary questions when the price tends to swirl, then we must be well taught.

Sandra 🧑‍🦰

can not doubt with you, people who are new in investing bitcoin will have those kind of emotions such as panic about the market volatility,  worrying to their value of bitcoin investment, unstable emotion, and etc. But as far i know, investing into the cryptocurrency requires patience at least a mid - long term plan. So, it is importat to have a rational mindset, stay looking for information update, being more patience,  making a loss limit plan, and etc.

Your arguments are convincing, mate, which is why even when my friends ask me for advice or to teach them how bitcoin investment works, sometimes I feel let down because I know that even if I succeed in teaching them, they won't agree with how it functions—for example, whether they should take the risk or not. They frequently tell me that the risk involved in bitcoin investment is something they should not risk investing their money in And I walk away from them because I can't make them make the investment so I can have peace of mind. I fully permitted them to make another investment instead because they don't understand the risks associated with Bitcoin investments, so I ask them to go to another job since I don't want to bother them.

It is always wise to walk away from anything that doesn't give you peace of mind, because it will be called dying twice if you developed an illness while still there and still had to be pushed out by force.
The fear of losing Bitcoin is for those who have either suffered so much loss or are yet to due to stories they have heard from close sources.
I can assure anyone anyday, that where one looses, there one also grows and learns the best lessons unto greatness.
Never loose hope of gaining from Bitcoin anytime. it's more steady with better track record of value and innovation.

And it is all about how we see it and trust Bitcoin. Because it was impossible to have peace of mind in Bitcoin if we don't have any trust and I was sure that with every drop and negative news we heard, panic will always come out, and unconscious of what we gonna do next. Because we notice that many people talk about crypto bad and good, and all of these things would really affect your mindset. I suggested keeping on the positive side keep ourselves undistracted from baseless information because we know that Bitcoin is growing. Of course, it dumps but rises back again that is why we have no reason to worry. 

Those who suffered so many losses should come to their senses and learn how to avoid the umpteenth loss. Fear of losing bitcoin is common, everyone is afraid of losing their money. But as users who already understand we must know how to do good and correct security. the experience gained will be useful so that no further losses occur. don't panic too much, stay calm and think about what is best for securing your digital assets.

The first thing you should do if they met you is to try as much as you can to educate them about Bitcoin, tell them all the risks involved in it, and also tell them that you are not to be hold responsible if anything happen in future because you only teach them and guide them through their investments not a part of the exchange or any crypto team.

Fear is always been on us if don't have these things...
- understanding/market knowledge
- Trust
-mindset

I don't have to wonder why newbies (or even old-timers) will be caught in that situation because of the lack of those things above. In fact, this is what I feel before when I buy Bitcoin. Worries can't easily fade away unless, yes when you gain experience and of course, when your mindset is really positive as this will have a huge effect in making a decision which is probably turning into negative.

People who have less knowledge and less experience with bitcoin will always be emotional and will be easily destructed by price fluctuations. Unlike those who have been investing for long and have huge amount of bitcoin in their portfolio, they will stay calm whatever the condition of the market because they know already that bitcoin will always be volatile and will never give a high fixed value. But in the end, bitcoin will always give us significant profits and that is already proven for those who have succeeded in bitcoin.

If those disturbing if bitcoin will survive are newbies, then I won't blame them for doing that, most people had the same problem when they invested in bitcoin newly, most of them know that bitcoin is not a scam, but they don 't know if it will survive the bear market, and if bitcoin price will bounce back again. The same thing happened to me when I started investing in bitcoin, during the pandemic bitcoin was down and I was scared that bitcoin price might not be able to bounce back, I was checking the market frequently then, that's why I don't really blame newbies doing the same thing.

Most times is lacking of proper orientation or lecturing, this sets of people can never want to bring out their time to read information on what they are investing on rather than just focusing on profits aspect. However did even know what he is investing on?
Are you sure he fully accept the risk that follows bitcoin because some people may not know how volatile the market is.
If your friend calls you again, tell him to follow his mind otherwise if the price drop below his expectations you may become his worst enemy.

I think $30 is just the level of their risk because whatever that crosses that amount I don't think if they could survive the dip if the market just turned upside down. You can't compare newbies and legendary investors who has gained a vast knowledge about bitcoin to amateur what do you think would happen?
They will panic about every slight change in price so you must be very careful with the forms of people you introduced bitcoin to..

Because knowledge and experience are still lacking in a field that is being worked on, it is a logical reason if someone experiences panic when something happens that is far from what is known. I mean, your colleague probably still has very little knowledge and experience in Bitcoin, so when something happens including a possible loss it can make him look like a child who can't keep still from panicking.

You shouldn't equate a person who has $30 with a person who has a large amount of Bitcoin who looks relaxed without panic like I said above.
If the person is your colleague, it is only natural that you need to provide him with an understanding.
This shows that knowledge is needed in carrying out an activity including in the field of investment.

These are the kind of people who become panic sellers when the market starts dropping just a little bit. It's not their fault because they are fairly new to the technology and can't cope with the movements of the market since they have barely seen anything like it before, so when they see their money going down, they will probably panic.

You should make him understand and tell him that he doesn't need to worry even if the price drops a little bit since it eventually goes up again, he doesn't know that since he is new but you already know how Bitcoin behaves.

You can't blame them, many people are too scared of losing their money when investing in anything, I have a friend that firstly doubted my bitcoin investment journey and now she want me to teach her how to invest in Bitcoin.

After discussing a lot to her about Bitcoin I can still noticed that is she scared of losing her money, I just end up telling her to make up her mind if she's not ready to lose her money then she's not ready to invest in Bitcoin and moreover she should only invest what you can afford to lose.

I don't even understand how someone can trust sport betting more than bitcoin investment because she's into sport betting and she has lost a lot of money to sports bets, but I still can't figure out why she trust everything more than bitcoin because it is very hard to lose all your fund if you invest in Bitcoin, you can only lose if you sell your Bitcoin at a lose.

Each of us is different and each one should be approached in a different way.
Someone will immediately understand the potential of bitcoin and crypto, invest some money and be aware that it is a risky investment in which he can lose.
Such a person will not be burdened with daily price movements, but will be focused on his long-term plan and goal.
Other people will invest in crypto with unrealistic expectations of getting rich overnight and as soon as the first major market drop occurs they will sell in panic and lose.
My friend didn't want to take my security advice and kept his crypto assets on a web wallet without extra protection and of course he lost everything. Now he thinks crypto is a scam and nonsense and doesn't want to hear about it anymore.

I agree with this, if you're a investor, trader and you're panicking when the cryptocurrency or bitcoin that you buy dropped I think the crypto world is not fit for you. In any trade, you should know what will happen if you invest something and know the risk reward 'cause if you don't search about this you will panicking because of course it's money, your money.

If you do this for many times but you didn't learn any lesson out of those experience then maybe trading is not really for you. But that doesn't mean that crypto world is not really for us since trading is not all about it. There are other ways to earn so maybe they just need to find which of it are the best for them since if they could find ways like working to earn crypto then this is more better than trying to risk the balance taken out on your pocket.

I do not think so with your statement that said panicking when the cryptocurrency or bitcoin dropped can be a mark for someone who is inappropriate to crypto world. Because panic selling is triggered by a news of negative event, so people rapidly react for it. Panic selling can be a technique of trading that it could cut the loss earlier before being dust / dropped so low. Most trader doing this as one of their trading strategy.

People i think that panic or fear loosing their bitcoin are people who dont have much knowledge about bitcoin, people who use bitcoin as their only income source, people who probably use all their life savings to invest in bitcoin.
Anyone who is more knowledged and has other source and have studied bitcoin rise and fall pattern will not panic about bitcoin survival.
Anybody bothering you with bitcoin update in panic, maybe you introduced him to bitcoin and am not mistaken, you did not mention to them the risk involved.

Those who do not have enough knowledge and provisions in investing will of course lose their investment assets, especially when prices are always fluctuating, making them even more afraid, and we feel that from this fear they cannot continue to hold what they think is to release their investment assets, mostly this happens to beginners. .

Anyone who is more knowledgeable and has other source and have studied and understand Bitcoin rising and falling pattern will not panic about Bitcoin survival or afraid of Bitcoin. And if you're a investor, trader and you're panicking or afraid, when the cryptocurrency or bitcoin that you buy dropped I don't think you're an investor you're a player, a well being investors can not fear of the waving in the Bitcoin market. Only those who fall into cryptocurrency or Bitcoin investments without any knowledge or understanding the word investment, they just joined because they heard about Bitcoin, they don't know that the price will drop, so when the price dropped they panic.

No matter how small the amount of Bitcoin owned by an individual is it is very important to the person that is why it is best to educate them properly about the risk of investing in a volatile asset such as Bitcoin. Bitcoin is gradually becoming an unapproved global legal tender so it is normal if people who don't have any Bitcoin investment worry about Bitcoin fall and not collapse because Bitcoin can't collapse.

I think this is based on individuals. Even people with lesser Bitcoin remain mute it is about how matured they are with regarding price fluctuation and emotional control.

There is a psychological explanation for that: people who have Bitcoin in B figures usually invest a smaller percentage of their total wealth than people who invests less, and although the loss would be bigger for them if Bitcoin collapsed in terms of money, it would be smaller in terms of perceived value.

Another explanation is that typical mortals don't introduce Bitcoin to billionaires so they won't blame on us :D

Mostly, people behave like that due to lack of education in their own investment. They tend to believe what others say than to trust their own ideas and decisions. If they keep on doing that, their emotions will burst out because they will also fear losing bitcoin just like how other newbies fear losing from their investments. Bitcoin investing isn’t like that, just learn to trust bitcoin because it will always have its own time when to be at its best price, that will make us all benefit from it.

We've all been in a situation where we don't believe in crypto and don't believe in bitcoin when the price is always going down and crashing. Even though it is a cycle that will indeed happen. Knowledge is important in order to overcome the panic that hits for beginners. and the longer I am in crypto, I already understand what to do when the market is not good. You have to stay positive and take advantage of the market decline by making more purchases, not selling your Bitcoin holdings at a low price. Holders are the winners and, panic will only lead to losses

Everything related to money and finances will always bother people and the fear of losing is inevitable. This is a normal reaction of people, especially when money is not easy to come by and has a limited amount in the hands (purses) of investors. You should not condemn them, but you need to treat them with understanding.
 
Emotions in investments are superfluous. This makes it difficult to rationally assess situations. Panic, don't panic, anyway, it will not help to influence changes in the cryptomarket, no matter how much you like it. But they can push to the wrong actions. Therefore, calmness and only calmness.

If you want peace, then why mess with someone else's 30$ investment? You yourself got into this and now, on emotions, you complain to us. You are not much better than those whom you condemn.

Sounds true on some level, I have also witnessed many people talking about Bitcoin and making excuses for taking entry without proper preparations. People just fall into FOMO while entering the bitcoins and get easily trapped in the funds' whale manipulation all this is just because of misguiding and incomplete education about the market.

This is the problem most of the time if the person who invested in bitcoin didn't even make any research before jumping into it. They will feel so worried about their money when starts going down and will keep asking those people they know that have good knowledge about it. This is the reason why I dont let someone know that i am investing in bitcoin. I will introduce them first to cryptocurrency before they invest or trade cryptocurrency because that is really risky.

 A lot of people have misconceptions about Bitcoin, and I believe this is due to the way it was explained to them: by investing in Bitcoin, you can become wealthy. As a result, you see a lot of people telling you they want to invest in Bitcoin without understanding how it operates all they want is to make a huge profit.   

Not everyone can actually handle it, so what I typically do is explain the risks associated with investing in Bitcoin and ask you to conduct your own research before you decide whether you really want to do so. This way, you will know that you were the one who made the decision. Once the price starts to fall, people start calling you and complaining that they are losing money. Therefore, I make it very obvious that you shouldn't hold it against me if the markets turn negative.

I truly agree on this. Those who are mostly afraid and show panic from losing their investments are actually those who invest just for greed, without even knowing what’s the investment is all about and how it can work in the future. Because if they really understand that bitcoin is highly volatile, then they will never overreact when bitcoin price drops suddenly or surge high instantly, that’s how price fluctuations work. It’s still best to stay calm and patient especially when you invest in a very volatile and risky investment like bitcoin.

I actually wonder how bitcoin investor can sleep well when they have 100 - 500 bitcoin in their wallet. Price volatility will make the value of their assets fluctuate all the time, and they have to consider that risk at all times. But maybe we won't get them moaning all over the place, while they can be quiet in their optimism about the potential worth returns with the risks they take.

Will those people accept the loss? of course not - but they're just being patient about the time because the chances are the bitcoin price will increase. We have two cycles in bitcoin ^{[bullish and bearish],} so they shouldn't panic when the price is in an unfavorable cycle. Patience, knowledge and experience will pay off in the long term, so don't panic even if the value of bitcoin in your portfolio is currently minus.

Sure, people who just begin their investments in Bitcoin may feel afraid about losing their Bitcoin. But after they get a lot of experience, they must realize that Bitcoin investment is quite safe as long as they invest in a proper way. I don't say Bitcoin is a safe investment, but we can minimize the risk with a proper strategy. So, people may change their assumptions about Bitcoin and don't feel afraid anymore when they already have enough experience in Bitcoin investment/trading.

Anyway, feeling afraid is okay as long as it is not too much and it doesn't trigger someone to sell/buy hurriedly. Always do everything carefully and have good self-control.

Experience can be the main factor why large investors are quite capable of psychological control over the volatility of bitcoin prices. Of course they can lose thousands of dollars on just a few percent decline at a time, but they can also make thousands as prices grow.

Moreover, the financial power of large investors is not only distributed in bitcoin. I think they have a lot of cash reserves in bank accounts and diversified assets in places. Bitcoin is not the only investment asset they have, so even if they lose hundreds of thousands of dollars a day, financially they won't have any problems.

People who came to invest and worry to lose, these are those who only invest for greed and just depend on other people for their own decisions. They don’t have the knowledge required before investing in bitcoin that’s why they easily panic and develop fears when bitcoin price is seen suddenly declining. Because if they actually know about bitcoin, they will never worry that much knowing bitcoin price will always surge every after drop.

In Bitcoin investment or any other investment they most be a fear for investment before you can invest, so I believe that  the fear is what makes some people not to investment serious and the fear also make some people to lose during investment, so therefore anyone who venturing into investment should have summon the courage to invest in any kind of investment without having any double thought or double mindset over Bitcoin investment or any investment

This only proves that not all who invest in bitcoin have understood well their investments, some just go with the hype and when the market turns into bad shape, then they will blame those people who have influenced them. If only they obtained knowledge first and understand that there are risk that they should learn prior to investing, then panicking will never happen especially for newbies who mostly have fears in losing bitcoin.

People react base on their understanding. Bitcoin is one of the safest investment in the world inasmuch you can hold until the right time to sell.

Wrong socializing can cause panic to not go away, although some of the causes of panic are due to lack of knowledge, like investors or traders who better understand the rise and fall of market prices.
The reaction that arises from panic is restlessness and excessive feelings.

Beginners who experience events like your story can still be understood because not many stages have been passed.
Often we hear that investing and trading must be equipped with knowledge.
I'm sure you also experienced the same or this is just to illustrate your level of curiosity when you see the price of Bitcoin starting to fall instead of increasing.
Uninstall applications that provide Bitcoin price notifications or close all browsers that display bitcoin prices and focus on the target price you want.

It can even be dangerous to introduce someone to bitcoin because most of the time they won't let you go when something bad happens. Some people can't take the risk of investing, but after learning about bitcoin and learning that when you invest you get a profit or after hearing that someone invested and became successful today, they will also want to get involved without fully understanding what they invested in or how they did it.
I don't know about certain individuals, but I don't mind implicating someone in any crypto-related actions; I'd rather explain how bitcoin works and highlight both its advantages and disadvantages than risk being held accountable in the end.

It's not a bad idea to teach someone about Bitcoin; you give them information about the currency and allow them to make their own choice about whether to invest or not. In this thread  I helped my neighbor purchase Bitcoin.  (https://bitcointalk.org/index.php?topic=5439701.msg61756051#msg61756051) You will see how I explained to him and even almost talked him out of investing in the currency by telling him that the risk is very high, even more than the advantage, the security measures, and how the price of Bitcoin can turn against him after purchasing the currency today. He insisted and made a decision that he was ready to accept every risk involved and take full responsibility without holding anyone responsible if anything negative happened.

That's the best way to tell someone about Bitcoin, because you will completely save yourself from being held responsible for their loss. Anything other than that is a very big no for me; I won't guide you, and I wouldn't also advise you to invest in it.

Investors who have 100 bitcoin in a bear market will not panic as they are already worth millions, and in a bull market this will all change to a much more positive side.

If we are talking about such large funds, then I’m not even sure that they will take profits in a bull market, because Bitcoin itself is a good protective tool against inflation and an excellent investment. And in the long run, I'm not sure if they will look for something more profitable. Unless some of the profits in a bull market would be worth diversifying into real estate, but this is everyone's business.

It is a natural thing that wherever a person makes an investment, he does so because he will earn profit from it.If the value of the investment made by him is constantly falling, then he must be worried.Bitcoin is the most reliable and least harmful cryptocurrency in the currency market.People who have invested in Bitcoin get worried whenever the price of Bitcoin falls.

I myself have invested in Bitcoin and every time the price drops I feel like my capital will sink.Most newbies get upset when the price drops.People who have complete knowledge about Bitcoin and are experienced and have been investing in Bitcoin They don't worry about falling price of Bitcoin, they buy more as soon as the price falls.We should know that the entire crypto currency market is running because of Bitcoin.Then this fear will come out of our minds.