Celebrity
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February 25, 2018, 04:58:01 PM |
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We saw a huge growth of bitcoin in the year 2018, on account of this many new users invested their money with the aim of very high profits. Actually they were new and don't have proper knowledge about the fluctuations in the crypto world. So when price falls frequently they may afraid of losing their money and start panic selling. We have to be confident that once rise happens the next moment fall will be there. People should understand that and act accordingly, if so everything will be fair.
Personally, I'm thinking about the future phases of the crypto market. Do the same, it prevents you from scaring from the market. People think market capitalization will be equal to 1 trillion dollars.
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normanderecho
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February 25, 2018, 09:54:38 PM |
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We saw a huge growth of bitcoin in the year 2018, on account of this many new users invested their money with the aim of very high profits. Actually they were new and don't have proper knowledge about the fluctuations in the crypto world. So when price falls frequently they may afraid of losing their money and start panic selling. We have to be confident that once rise happens the next moment fall will be there. People should understand that and act accordingly, if so everything will be fair.
Personally, I'm thinking about the future phases of the crypto market. Do the same, it prevents you from scaring from the market. People think market capitalization will be equal to 1 trillion dollars. I think people scared on cryptocoin because some counrry did not allow to adopt it because the government scared to lose power and scared also people dont work in company so that government dis not get a tax in every worker.
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sclmte
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Activity: 434
Merit: 10
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February 25, 2018, 10:31:58 PM |
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Actually, some members in crypto are just new and they really don't understand how crypto market works. They just only think of price are always in high or just always increasing, that's why they are the most affected person once price fall and then do panic selling.
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noloco
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BLOCKCHAIN VERIFIED PRODUCT REVIEWS PLATFORM
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February 25, 2018, 10:35:17 PM |
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Some even applied for a mortgage to invest in crypto, so they are probably scared of everything exploding and going under a bridge for some time.
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shalnark
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February 25, 2018, 10:58:45 PM |
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Actually, some members in crypto are just new and they really don't understand how crypto market works. They just only think of price are always in high or just always increasing, that's why they are the most affected person once price fall and then do panic selling.
It because they were scared they did not search enough about past of crypto market enough. Or maybe some of them searched and read but could not imagine about it enough. People easily believing some fake news it because money involved as well. Sometimes they do panic selling.
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JCLee
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February 25, 2018, 11:33:08 PM |
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When the entire exchange rate falls, so many people lose the wealth they have invested in other cryptos. And what should be done at this point is calm, continue to hodl and wait until the exchange rate increases again rather than selling cryptos to cut losses.
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timet678
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Merit: 10
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February 25, 2018, 11:48:25 PM |
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Too many speculators that know little to nothing about blockchain that probably invested way to much during the mania happening in December. They all be back once Bitcoin or other projects start making headlines again.
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lenovo16
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February 25, 2018, 11:51:50 PM |
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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 Yes its true, its better to wait than to sell it at a low price. Many of them are panic selling without noticing that selling their coin in dip, will just cause a huge loss from the side of investors. Where if you'll just wait until it recover then the chances off you to have income is very huge than usual.
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di.ako.toh
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February 26, 2018, 12:00:19 AM |
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In reality, people tend to be scared if they dont know what they are doing or what they are engaged to. If we lacks information we are afraid that we are doing wrong, and making non sense. In cryptocurrency, which includes volatility of prices, and doing investments we should be prepared enough and have studied everything for us not to be scared. Sudden dump and pump of price can make us worried, but if we are well informed we are capable to cope up everything in crypto.
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Protected101
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February 26, 2018, 12:28:33 AM |
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People are going to be scared because sometimes they did not fully understand crypto.They invest only and not to study well how it works and what to do when crashes down happens.The result is they get panic and sell again their coins.
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Blondy12
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February 26, 2018, 01:14:54 AM |
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Each person in this world has different personality. Lucky for those who patiently waited and gained more profits but we cannot blame those who got weak hands that let go of their holdings that easily. Anyway, it was their choice maybe because they are not confident enough since they are newbies and not knowledgeable enough for this kind of business. Judgement will not help them. Just be considerate to understand man.
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carriebee
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February 26, 2018, 01:50:35 AM |
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People are going to be scared because sometimes they did not fully understand crypto.They invest only and not to study well how it works and what to do when crashes down happens.The result is they get panic and sell again their coins.
Exactly scared because they enter the market without understanding the risks. People should know the huge risks in trading cryptocurrency. Price is not stabilized it may went down instant or go up. Hence, should know the process and dont panic right away.
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littleDarper
Copper Member
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February 26, 2018, 02:54:52 AM |
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Keep in mind a lot of this money going out isn't just from us investors, but Wall St types playing games with their futures contracts. Notice all the co-ordination when all coins fall together? We all were praising when BitCoin would be adopted by the shady Wall St types, thinking it would give it legitimacy. In reality all we've done is let the devil adopt BTC. Yeah that's great adoption alright.. now look at the cost of it.
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asiaamal1
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February 26, 2018, 03:02:21 AM |
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In fact, people tend to be afraid if they do not know what they are doing or what they should face. If we lack information, we will be afraid of making mistakes. In a sense, they enter the market without understanding the risks. One should know the risks to be gained in trading crypto. Unstable prices (can go down instantly or up). So, we must be ready, have learned everything, the process and do not panic immediately.
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The Cryptologist
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February 26, 2018, 08:44:46 AM |
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It's clear that they are not aware on what they are dealing with. It's like they are naive that it's too volatile and they won't like what they will see especially when it's crashing very bad.
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nastaverba
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February 26, 2018, 10:27:18 AM |
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Because people are guided by emotions, instead of by common sense, intuition and logic, that is the problem...
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wahyu wida
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February 26, 2018, 10:55:29 AM |
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People are going to be scared because sometimes they did not fully understand crypto.They invest only and not to study well how it works and what to do when crashes down happens.The result is they get panic and sell again their coins.
Exactly scared because they enter the market without understanding the risks. People should know the huge risks in trading cryptocurrency. Price is not stabilized it may went down instant or go up. Hence, should know the process and dont panic right away. beside that, sometime people over confidence if his coin bought can pump at later time without fully understand cryptocurrency, at real fact that coin go down and panic sell result. after that moment he scare to invest again at cryptos
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lifetimebitcoins
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February 26, 2018, 11:17:52 AM |
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Some even applied for a mortgage to invest in crypto, so they are probably scared of everything exploding and going under a bridge for some time.
That's why many people are suggesting don't invest into ICO which you cannot afford, here in this crypto we need to have little patience in order to make profits. If you don't have any patience so better don't invest into ICO.
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whoisdoctors
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February 26, 2018, 12:08:14 PM |
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and I, on the contrary, bought tokens when the market subsided. Now I have a good profit
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posi
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February 26, 2018, 08:03:09 PM |
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We saw a huge growth of bitcoin in the year 2018, on account of this many new users invested their money with the aim of very high profits. Actually they were new and don't have proper knowledge about the fluctuations in the crypto world. So when price falls frequently they may afraid of losing their money and start panic selling. We have to be confident that once rise happens the next moment fall will be there. People should understand that and act accordingly, if so everything will be fair.
You're sort of right but the main reason most of the bitcoin investors panic are the false news said by UK regulation, some government and the mastercard CEO saying they are done with crypto currency transaction.
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