People, why are you so scared?

[mybtcasset]

People got scared too much from the last market crash and they made many panic selling on the market.

Yes, that how a market is going to be because the market cannot always give profits to the investors. When it comes to trading we always need to wait patiently in order to get the return on the investment. People are mostly panic because there are many rumors spreading that Bitcoin will go down to more than 3000$.

[Annapelova]

This is what happen when you see people invest in what they know nothing or little about, if you ask most people in the space they are trailing the market growth because they only have the sheep mentality

You have a point 50% of the market cap does not equal 50% of people btw

[DirkDiggler1911]

Because they invest with money that they cannot afford to lose so these people are really emotionnal and they usually panic sell

[Pedro18]

because most of people thinks cryptocoins as a profit maker, they still dont believe cryptocoins will be a future currency of the world.

Agree, many people using crypto just to earn money, they don't understand it , they should appreciate the technology behind cryptocurrency, because cryptocurrency will help our economy soon and help our daily lives soon.

[cryptor47]

I don't think 400 bill has left the market.
It's more likely everybody is an "expert trader" now, checking charts, waiting for bulls and cup and handles before reinvesting it all back 

[bohr]

This doesn't mean people are scared, it is just normal correction of the crypto market. Temporary phenomenon. Nothing to be scared or whatever. Just need time.

A crash of the market of 70% means that people are scared it cannot be anything other than that, the manipulation of the market is real and exists but even the whales do not have the power to make the market dump that hard so what they do is to create a big drop in the price and then people get scared and begin to sell this starts a chain reaction and we get panic and finally a crash.

[riaruhs09]

This is what happen when you see people invest in what they know nothing or little about, if you ask most people in the space they are trailing the market growth because they only have the sheep mentality

that's true, and most of them are inexperienced investors so that when the market decreases, panic rises and makes them feel afraid to lose.

[Boi qaaf]

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 .

[JaRViZZ]

It's all a game on the character of a person and his qualities. Many newcomers now do lose a lot of money for various reasons in the world of crypto currency, but those who have long been able to learn the behavior of the market and the coin indicators for proper investment. Plus, a lot of fraudulent projects developed, and the resources of coins are already exhausted. There are many reasons, but the most important is fear.

[Ayiranorea]

This doesn't mean people are scared, it is just normal correction of the crypto market. Temporary phenomenon. Nothing to be scared or whatever. Just need time.

A crash of the market of 70% means that people are scared it cannot be anything other than that, the manipulation of the market is real and exists but even the whales do not have the power to make the market dump that hard so what they do is to create a big drop in the price and then people get scared and begin to sell this starts a chain reaction and we get panic and finally a crash.

Market crash of cryptocurrency happens unexpected and at very rare instance it is manipulated. Dump and pump of bitcoin happens in a random manner. Should not get scared of these instances, because price will surely increase after certain time period. Maybe the time will vary, sometimes in a short will grow else after a long time it'll start rising.

[Condoriano]

This is the result of people joining the hype of bitcoin. No one can blame them since everyone just wanted to earn extra. Now people are trying to minimize their loss. This is the problem when you take part in something you don't know yet. At least learn the market. This is also because of FUDS. Holders are scared and in doubt since they heard a lot of negatives stuffs about crypto.

[hansbans]

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 .

This problem especially for newcomers. People invested all the money in their bank accounts into coins and lost their money because they had not yet had experience.
They panicked and are afraid right now

[europayio]

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.

Nobody wants to lose money thats why they left. In at the wrong time.
You speak about greedy motherfuckers- you probably meant not investors/speculators/gamblers but the dev teams releasing ICOs without a finished product.

[ckorbba]

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 .

This problem especially for newcomers. People invested all the money in their bank accounts into coins and lost their money because they had not yet had experience.
They panicked and are afraid right now

I think that the person who wrote the first post is absolutely right, because really people with the help of crypto currency are making easy money, and with new falls, starts to panic. Apparently this is the reason for the huge frustration of some users.

[numpadxx5]

Is this the end of the crypto?

of course not , on other country they did not ban crypto but they put tax on it to control crypto, because many people now a day earn a lot because of it.
In the near future crypto currency will be useful on different things like paying or buying.

[bitcoinveda]

because most of people thinks cryptocoins as a profit maker, they still dont believe cryptocoins will be a future currency of the world.

Agree, many people using crypto just to earn money, they don't understand it , they should appreciate the technology behind cryptocurrency, because cryptocurrency will help our economy soon and help our daily lives soon.

Obviously, we have to understand the market and act according to the market otherwise we need to face big loss with bitcoin and other altcoin trading. People always look for higher returns on the small investment, so they need to give some time to grow the market to more returns on it.

[torotot]

I think because people think what they think the best and what they think they can have more profit to it. Sometimes holder's scared when the coins is decrease its price but I think that is a normal way or normal things to happen. The emotion will destruct the people by looking to their coins holding. Holders must be courageous at all time.

[kamudd]

Because they invest with money that they cannot afford to lose so these people are really emotionnal and they usually panic sell

In other words, they only see the end result and do not understand the process and many find it easy, basically the new investors engage mentally weak.

[djlenna12345]

You would like that there would be constant growth? this does not happen. Always behind growth follows falling. The market has its own cycle. Do not worry, the fall has already ended

[Lastsamuraj]

Constant growth can happen,if you sell your stuff when growth finishes,and buy again when its starting after correction.But panic sale will exist always.Pointless to discuss