some people love imagining doomsday when there is any drops!

[wheelz1200]

The problem with trading is that the new investors jump on the trend when it has already passed. people FOMO and give up to emotions in such a case. Many people fall prey to it. This is exactly what happened recently. When price fell by $1k, people bought shorts and got rekt when price went up by 30%. That's why people get pessimistic when there is a fall. They start calling Bitcoin dead.
This meme sums it up beautifully.

Exactly.  When emotions are mixed into financial decisions it usually ends bad.  People feel good buying at the top because in the most recent past, it is a good decision to be on the buy side, and when you buy something that has fallen you feel like you are buying a turd.  Take emotions out and logically you can figure out the buy and sell times.  Really just come on here and see if people are making more doom and gloom or moon posts and do the opposite  

[topbitcoin]

over the past 2 days that we saw a small 9% drop i have seen all kinds of so called "speculation" where people are seeing all kinds of doomsday scenarios. in some cases it is wonderful how their imaginations work. from simple whales manipulating to the good old China bans bitcoin has been the heated topics over the past 48 hours!

what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing?

Not only in forums, but something like this already happened in every single market chats. Someone or people who play with other's emotion to make advantage for themself. I don't think they are people who care with others, because they are only want people to be panic so they can buy bitcoin in cheap price. I always think about that, so if people speculate negative thing about bitcoin, i will ignore it.

[Hamphser]

The problem with trading is that the new investors jump on the trend when it has already passed. people FOMO and give up to emotions in such a case. Many people fall prey to it. This is exactly what happened recently. When price fell by $1k, people bought shorts and got rekt when price went up by 30%. That's why people get pessimistic when there is a fall. They start calling Bitcoin dead.
This meme sums it up beautifully.

Exactly.  When emotions are mixed into financial decisions it usually ends bad.  People feel good buying at the top because in the most recent past, it is a good decision to be on the buy side, and when you buy something that has fallen you feel like you are buying a turd.  Take emotions out and logically you can figure out the buy and sell times.  Really just come on here and see if people are making more doom and gloom or moon posts and do the opposite  

Some traders are only following the trend and when it's time to sell it is too late for them to notice that they are selling it at a very low price. It would be better if you are not a trend trader but instead you have to make your own strategy when trading. Emotional and trend traders is the worst case you may experience in your whole life because it might be the reason for your depression. 

[7788bitcoin]

Some traders are only following the trend and when it's time to sell it is too late for them to notice that they are selling it at a very low price. It would be better if you are not a trend trader but instead you have to make your own strategy when trading. Emotional and trend traders is the worst case you may experience in your whole life because it might be the reason for your depression. 

If you are having a stable mind and if you are experienced in the field of trading then you can make a lot of money trading during these peaks and lows, everyone can have their own strategy to trade but at the end of the day everyone is trading to make a profit and if you have a simple principle then you will not end up in a loss, after all trading is simple if you follow simple rules and it is not rocket science to understand how the market will behave and the volatility you should expect in this market.