People, why are you so scared?

[bigcash2011]

I agree with you there was no serious reason to get scared and panic sell the portfolio in loss, according to my understanding this FUD was created by big institutions, banks, governments and big investors that are either against crypto or are manipulating to get themselves in.

[vickycoin05]

Unfortunately, people do not make money well. If fear is a waste of money will mean that fear in the world will be a lot because there is a drop in every moment, but the patience gained better looking patience need

I agree on your point mate, well we have many reasons to deal such thing in our life. To feel a fear is just normal all of us here in crypto currency community especially during downfall situations. On my part, I believe someday it will back to stabilize value but in a long term investment which it will depends on each and everyone of us prerogative decisions.

[tanghere02]

It could be because some got into the crypto world because of the hyped digital currencies that can make a millionaire in a couple of years. And when they see the market down, panicked and took out all of their money invested in these cryptocurrencies. That's the disadvantage of some people, they don't do research on the history of a certain coin and learn from its past market. But it could be an advantage to those who are holding their coins too.

[Bybox]

People are scared because they invested more money than they can afford to lose in cryptocurrencies. Also, 60% correction is a lot if you bought Bitcoin at ATH and it will be scarier if you invest more than 50k USD

[Zicadis]

People are scared of the crypto market because of the high volatility and the risk of losing money as value of these coins is always changing, crypto are not for the faint at heart

I agree with you there was no serious reason to get scared and panic sell the portfolio in loss, according to my understanding this FUD was created by big institutions, banks, governments and big investors that are either against crypto or are manipulating to get themselves in.

I agree with you this fear is spread by people against bitcoins because the don’t like the idea of giving people a decentralized economy

[thepanicpoint]

There is a lot of person, they don't know what is crypto or other things, they are seeing at the news or somebody saying them to buy btc, and when there is bad things, they do panic sell. I guess this 20 days we saw this.

[makishart]

There is a lot of person, they don't know what is crypto or other things, they are seeing at the news or somebody saying them to buy btc, and when there is bad things, they do panic sell. I guess this 20 days we saw this.

Especially for newcomers, they need more and more knowledge about crypto. Crypto is different with another thing just like forex.
They are thinking about the possibility the price of crypto goes below what the rate that already taken by them all to cut lost their investment.

It's such a wrong step in my opinion. They will be back again with more bucks rather than generate dollars from the market.

[janelleshepard]

There is a lot of person, they don't know what is crypto or other things, they are seeing at the news or somebody saying them to buy btc, and when there is bad things, they do panic sell. I guess this 20 days we saw this.

They're just petite lamps which are foods for Whales and Sharks then keep blaming Bitcoin is a scam after losing. Investing without knowledges and plans really is a stupidest thing . My friend bought BTC at 16k$ and he's now really panic keep asking me to sell or hold and i don't give a fuck about it because that's what he deserved.

[EL-NIDO]

I am absolutely not scared! We are just still in the beginning with cryptocurrencies. How many persons in your acquaintances knows about cryptos? They possibly heard something about Bitcoin but didn't inform about it or blockchain technology. I still believe some projects will be the future in some years.

[the1arty]

I'm really curious. I see about 50% money got out of market. So that means 50% people dont believe in this technology or doesnt even know what is this all about. Some country wants to ban crypto? So what, there are hundrets of other countries. Crypto is made to fuck up those stupid countries who doesnt respect freedom and technology. Why are humans so advanced today? Phisicaly, we are almost the same last few thousand years, and yes, it is becouse of technology. You dont believe in technology, and especialy in this kind of technology? Even better, we need those greedy motherfuckers who only think about money out. Go away from this world then, get the fuck out, go and be backward and dont blame anyone later becouse you are stupid and got scared like a pussy. Ofcourse from time to time countries (their retarded politicians) will try to stop this, and why will they want to do that? Becouse they losing power with this kind of technology. But, whatever they try to do, it is only short therm and one day they will lose, like everyone till today. Remember Galileo Galilei or others like him? Dont let them make you stupid.

Important thing here is that if the market is dropping 50% then it have to grow 100% to be on the same level, as it was before and it may take really quite a while...
and BTC dropped from 19k to 8k, that's quite a drop and so far no recovery is seen in the near future.

[pacifista]

Those who are holding a lot of coins are the ones that getting scared in this times of market crash, cause they are losing thier investment and they are thinking to sell them all before it gets dip to hard.

[Marry_OI]

I agree with you! I believe that cryptography should be in the modern world. This innovation and we can not escape from it. Yes, some countries began to prohibit the crypto currency, I think that they limit his communication with the outside world, bind their hands, because the crypto currency promotes interaction without borders.

[Geoff999]

I agree,

Whilst its not nice to see your portfolio get battered, if we look back at this in 2-3 years time once a larger mainstream addoption is in place, we will probably shake our heads and wonder what we were all panicking about.

Some of the Crapcoins will no longer be here, so if you have invested in them, then you may be out of luck, but anything with a solid team and project behind it should go from strength to strength.

[Atomino]

I'm not scared at all, in fact I'm very calm and I'm trying to turn the situation to my advantage.
I think this is a time to recover lost purchases and also to reinforce positions that are firmly believed.

[kingkong1234]

Look, Bitcoin will for always be a bitcoin. Ofcouse you can split it into "satoshis" and they will be that. When you peg the bitcoin to a dollar - then well, its not really worth what you are thinking. what happend to the believe in bitcoin itself.

[Scallywag]

A lot of people see cryptocurrency's as a way to make easy money . They don't listen to the advice here and they invest probably more then they can lose. And then there comes a big crash and they are panicking .

[deppil]

Unfortunately, people do not make money well. If fear is a waste of money will mean that fear in the world will be a lot because there is a drop in every moment, but the patience gained better looking patience need

I agree on your point mate, well we have many reasons to deal such thing in our life. To feel a fear is just normal all of us here in crypto currency community especially during downfall situations. On my part, I believe someday it will back to stabilize value but in a long term investment which it will depends on each and everyone of us prerogative decisions.

Thats true, fear is a normal thing to be felt by everyone. even I'm sure big traders have a fear when extreme price changes like today. fear is reasonable because of your likelihood of loss from money you have but the difference is the way people manage they fear. usually great traders will not use their fear as the primary choice to determine a thing. like today they will not follow their fears and sell all their bitcoins because afraid of losing more. they will surely be patient and make the right choice with a careful calculation

[Leooo]

Actually if you check the charts, Bitcoins experiences quite big dip at the beginning of the year all the time. The was dip at the beginning of the year since ever. Hard to say why this happens, but the pattern keeps repeating. So, I wouldn't worry so much. It will stabilize again and we'll be back to ATH in summer. Just be patient and HODL

I agree with you and this is my opinion too. Bitcoin will make a come back so soon.

[MidKnight]

Actually if you check the charts, Bitcoins experiences quite big dip at the beginning of the year all the time. The was dip at the beginning of the year since ever. Hard to say why this happens, but the pattern keeps repeating. So, I wouldn't worry so much. It will stabilize again and we'll be back to ATH in summer. Just be patient and HODL

I agree with you and this is my opinion too. Bitcoin will make a come back so soon.

We can't based on patterns because there are many times that these patterns have been wrong. I know that you want to give some kind of relief but for me this is all planned. Making bitcoin fall on its knees and not making it recover but they can't kill it no matter what they do.

[Wipeout2097]

Actually there is no one can perfect predict the market,price volatility happens in seconds and new users become scare and panic that they lost all but there need patience it will help to take right decision at right time.

Being good trader must learn to be psychologically strong to control the emotions.like panic and scarcity.