Newbies panic & Old timers smile, when the Bitcoin price take a dip.

[freightjoe]

Yes, this is correct. Newbies usually get panic seeing the market price is going down and tend to sell all their coins instead of buying more bitcoin for investment because they're afraid that might lose all their money. On the other hand, old investors feel happy seeing the prices going down sharply and take advantage of the opportunity to buy more for better rewards when prices are up.

This is where the difference of experience comes in and those who are experienced know that this dip is the time to buy more at less price and sell during the rise rather than doing the other way round which newbies does it. Also newbie gets panic easily when the market fall and sell their holdings.

Again - not true. Data shows the downturn is driven by HODL'ers who are selling

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[Ahimoth]

Experience is everything in this crypto currency market. Old users of crypto currency have seen many ups and downs of the coin and they know patience is the most essential thing in this market. New users rarely know this thing and get panicked by the down fall of prices.

true.because people nowadays is too lazy and always rely on others thoughts and predictions  which is the reason why they're always panicking when the market is down. actually in my opinion for me being newbie is not a big problem here in crypto world because it's up to us if we really  interested to avoid such problem ,and indeed doing specific research is always  the best solutions to fix all doubts and etc.  

It's okay to feel thay way especially if you are just new to this system. I think it's just our tendency whenever a problem is coming on our way when we're new to a system. Well as time goes by you'll get used to that and just smile when you experience that again. Actually the old users are already used to those kind of eventthe and they know how to deal with it correctly.

[ganlianshifu1]

Whether it is a new investor or an old investor, it is full of panic when the market collapses!
Prices are falling, trading volume is decreasing, investors are not trading, and the market is hard to recover!

[bitbunnny]

Yeah, the same story every time, over and over again.
At first I found annoying all the panic and drama about the price and couldn't quite understand why new users are so ignorant.
But now this is actualy very amusing for me. Experienced users will take opportunity and make profit out of it and newbies will act like drama queen. The only problem is that some of them will never learn.

[AliMan]

Experience is everything in this crypto currency market. Old users of crypto currency have seen many ups and downs of the coin and they know patience is the most essential thing in this market. New users rarely know this thing and get panicked by the down fall of prices.

true.because people nowadays is too lazy and always rely on others thoughts and predictions  which is the reason why they're always panicking when the market is down. actually in my opinion for me being newbie is not a big problem here in crypto world because it's up to us if we really  interested to avoid such problem ,and indeed doing specific research is always  the best solutions to fix all doubts and etc.  

In that case it us obviously seen what's the difference between the two and that's experience. Well those old people already know what is happening and they got used to it due to their stay in here. On the other hand newbies tend to feel that way since they doesn't know yet what is happening but I'm telling you to just deal with that and let life go.

[royalparade01]

Man, I was in the same boat when I was a newbie. You have a little bit of money invested into Bitcoin and you think it will

only grow from strength to strength. When it starts to go down, it becomes inevitable for you to start to panic, because it is

not like any other commodity that you invested before. It took me about 2 years to get used to Bitcoin's volatility and for me

to relax when it happens. 

Don't be panic newbies just relax  and enjoy joining forum, focus on ranking up on this and forget about the signature and bounty campaign.  Concentrate on the  market and learn how to make the biggest profits.

[noneedmoney]

what you say is very true.
I think nearly 50% of people in this forum focus on bounty not on crypto prices.
but even though i am a bounty hunter i never focus too much on the bounty because i have work in the real world and bounty as my spare time job. when I finished taking the bounty and I was paid with a number of tokens I will never sell until the price is really high.
and I also invested in bitcoin with my remaining daily money to increase the volume of my coins and hold it for longer.
I did it all because I believe someday bitcoin will pump to a price of $ 50,000

[bitfocus]

The last line means all, for those who understand BTC and Investment

[jmvzlfyg]

Newbies'expectations for the signature movement are understandable. Investing in such a very depressed market is now difficult to make a profit, and some people even lose a lot of money. What I want to say is that bounty and signature campaigns are not privileges for advanced accounts.

[Wendigo]

Trading Bitcoin and making a profit is not as easy as it may seem to people who haven't tried daytrading ever. It requires experience and skills to predict the market and sometimes abnormal dips or spikes may make you lose money. I would say that earnings from signature campaigns are low in comparison, but they are also a secure stream of income while daytrades gone bad could incur unexpected losses that would need quite some time before the market swings back favourably.

[Ibizugbe1]

Trading Bitcoin and making a profit is not as easy as it may seem to people who haven't tried daytrading ever. It requires experience and skills to predict the market and sometimes abnormal dips or spikes may make you lose money. I would say that earnings from signature campaigns are low in comparison, but they are also a secure stream of income while daytrades gone bad could incur unexpected losses that would need quite some time before the market swings back favourably.

Day trading is a time killer, and can make one anxious when prediction fails and the market appears to be moved by whales. I had to to limit my day trading to concentrate some of my time to bounty campaigns. I have been burnt severally in day trading, but I see it as part of experience.

[Crt01]

Actually in this market investors need to be very much careful if they want to make a huge profit and one option is to buy the bitcoin when it is low and sell them when it is high. Any mistake can lead to loss.

[LimeFeline]

Oldtimers have already made a lot of money with Bitcoin and know that history likes to repeat itself, after major dumps come new all time highs. It's always the same.

[Zalaster]

Your advice is good, but only a small part of the newcomers really want to know bitcoin. The rest are involved in the likeness of webserfing, they do not care about crypto, the main thing for them is to snatch a few dollars. Smart people learn by themselves!

[hitchcoin]

I've seen even oldtimers I've seen even greatest enthusiasts going off from this market just leaving all the tools that they had and leaving it, so I think there's deep is really strong so it can kill even those guys.

[Adeforever]

You are right no bounty campaign can give 800% in price but you should know that most of this newbie also engage in buying and selling of bitcoin as other does. Most of them boost their rank to involve themselves in a genuine bounty and also not left buying and selling

[Gotumoot]

Experience is everything in this crypto currency market. Old users of crypto currency have seen many ups and downs of the coin and they know patience is the most essential thing in this market. New users rarely know this thing and get panicked by the down fall of prices.

true.because people nowadays is too lazy and always rely on others thoughts and predictions  which is the reason why they're always panicking when the market is down. actually in my opinion for me being newbie is not a big problem here in crypto world because it's up to us if we really  interested to avoid such problem ,and indeed doing specific research is always  the best solutions to fix all doubts and etc.  

People nowadays are easily deceived by what they see. Newbies depends on someone speculations and because of that they are panic selling their cryptos. For us old in bitcoin, we know that this is just a part of the process, because we know that bitcoin and not just bitcoin but all of the cryptos are going ups and dows, all you need in this kind of investments is a lot of patience, because when the price drops, it will surely increase again, because it is volatile, its just that we dont know when will it increase.

[CLAID]

The information is very true lot of people are targeting to make quick buck during there first arrival to the crypto world and they keep there moral and motivation until the investment goes high but if a sudden drop occurs they starts to panic and at the end they sell all the assets without being patient and accuse Bitcoin and the market   

[Checkoi]

Thank you very much for your advice! I will surely listen to him

[SaShiRaJaVu]

Buy the Dip and Sell on the Spike for the highest return on your investment. No Signature campaign or Bounty campaign can beat a 800%+ increase in the price. 

It is true that nothing can match the profit you could have made if you are not participating anything else and just investing in bitcoin, the price soared so high that anyone invested in it made a very huge profit, anyone can invest when the price goes down as everyone is expecting another rise like that in the future and the wise will make some profits, you cannot complain anyone if they are not able to take a huge risk as the market has its own risk as this is a new market.