Psychological fear dominates the market

[bummm]

Fear always make investors and traders to miss calculate there decisions and doesn't matter how far there knowledge and skills are develop to trade and earn profits with fear they will never take right actions and make the best out from the moment so no one should let there emotions interrupt there judgement which is really bad specially in a market like cryptocurrency 

Professional that have been working with the cryptos and live thanks to the trading, will never have this fear. Only a newbie, who does not understand the market feels it.

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[anehh]

Market price movements will always occur, there are times when there is an increase and sometimes a decline occurs, some people are not ready to face the reality when there is a very sharp price decline, so they become lost in confidence and fear of experiencing greater losses that eventually give up and sell. This is indeed part of a psychological problem, because it is financially related, so it is very difficult for us to remain calm when market prices are falling and at that time we are at risk of loss, but actually those who have understood what they are investing and already know will the risk of loss is certainly able to control emotions and not panic when a price decline occurs which in the end they are able to be patient and persevere to wait for price movements and in the end they will be happy when there is a price increase next time. What we need to know is that when a decline occurs there will be a price increase.

[levvv]

The continuous decline in Bitcoin prices may make investors very nervous and many people have lost confidence in Bitcoin as well as crypto.
This is a very normal psychology and nothing strange in life, in any field, there are two emotional state is governed by FEAR and GREED.
Especially in the financial market, not just the crypto market, when prices are rising, people often feel GREED, focusing only on positive trends and never thinking about trends. Negative, when the price goes down, then the person feels FEAR, then focus only on the negative trend and never thought that everything would be positive again.
Talk about this for people to imagine that believing in a current trend is only relative and timed, so look at the market trend with an objective eye (out-of-game) so that If not, then it will not be absorbed in the psychological game of the market. Finance is a game of psychology!
What do you think about this?

You must not dominated by your fear and doubt if you involving in crypto, because there are some manipulators who use that to take advantage from other peoples. If the whales joining and dump the coins in the market, then peoples who fear will sell their coins with loss because they want to stop their losses.

[Anya_Regan]

The continuous decline in Bitcoin prices may make investors very nervous and many people have lost confidence in Bitcoin as well as crypto.
This is a very normal psychology and nothing strange in life, in any field, there are two emotional state is governed by FEAR and GREED.
Especially in the financial market, not just the crypto market, when prices are rising, people often feel GREED, focusing only on positive trends and never thinking about trends. Negative, when the price goes down, then the person feels FEAR, then focus only on the negative trend and never thought that everything would be positive again.
Talk about this for people to imagine that believing in a current trend is only relative and timed, so look at the market trend with an objective eye (out-of-game) so that If not, then it will not be absorbed in the psychological game of the market. Finance is a game of psychology!
What do you think about this?

There is no point in worrying about the drop in the price of bitcoin. It's just an opportunity to buy more bitcoins. The market will still grow. new players will come, regulators will appear after which large funds will start to enter the market. Capitalization is still very small) .20K $ for bitcoin is still a very small price. ahead of waiting for much more prices) So HODL!

[Anya_Regan]

Market price movements will always occur, there are times when there is an increase and sometimes a decline occurs, some people are not ready to face the reality when there is a very sharp price decline, so they become lost in confidence and fear of experiencing greater losses that eventually give up and sell. This is indeed part of a psychological problem, because it is financially related, so it is very difficult for us to remain calm when market prices are falling and at that time we are at risk of loss, but actually those who have understood what they are investing and already know will the risk of loss is certainly able to control emotions and not panic when a price decline occurs which in the end they are able to be patient and persevere to wait for price movements and in the end they will be happy when there is a price increase next time. What we need to know is that when a decline occurs there will be a price increase.

This lack of moral preparation and basic knowledge about the movements of the market.

[Anya_Regan]

The continuous decline in Bitcoin prices may make investors very nervous and many people have lost confidence in Bitcoin as well as crypto.
This is a very normal psychology and nothing strange in life, in any field, there are two emotional state is governed by FEAR and GREED.
Especially in the financial market, not just the crypto market, when prices are rising, people often feel GREED, focusing only on positive trends and never thinking about trends. Negative, when the price goes down, then the person feels FEAR, then focus only on the negative trend and never thought that everything would be positive again.
Talk about this for people to imagine that believing in a current trend is only relative and timed, so look at the market trend with an objective eye (out-of-game) so that If not, then it will not be absorbed in the psychological game of the market. Finance is a game of psychology!
What do you think about this?

Nope i dont believe that only Greed and Fear governed the emotional aspect because theres another one that called DEDICATION and that is what we the true investors having in our lives

Those nervous people that you mentioned are the weakhanded human that enters cryptocurrency without knowledge and learnings on what he was going on

you are not "true" investors. And just more experienced market players)

[Anya_Regan]

Fear always make investors and traders to miss calculate there decisions and doesn't matter how far there knowledge and skills are develop to trade and earn profits with fear they will never take right actions and make the best out from the moment so no one should let there emotions interrupt there judgement which is really bad specially in a market like cryptocurrency 

you are right

[Rasmus_hunter]

right now 10%+  10%- are not hype or fear. they are just normal waves..

Are you really calling that thing that happened at the end of July a normal thing? To me it was fear at its finest. The price broke out and acted like it was about to establish a higher low and then when it corrected it didn't go half the way. It went far below the point from where it started to rise which means that people oversold. Not onl;y those who bought into that rise sold but also those who were holding at the downtrend, before it even broke out to the upside.

every day there are ups and downs. if you are basing the new bottom by a price movement of a few days/weeks then you need to stretch your chart out further.. like i said +10% are normal swings. not new base setting milestones

i base my "value" on cost of acquisition.(the low/bottomline of a long term) which is basically the average cost of mining a bitcoin. and the low of the market (i ignore ATH)
anything above that is a speculation bubble area of hot air and hype.

what you need to know is that before June pools were using ASICS that had a unit price that was 2.5x more than the post June ASICS batch. basically it got cheaper to mine bitcoin. but now we are seeing the hashrate/difficulty counter that, thus raising the acquisition cost back to pre june

the overal average acquisition cost of traders and miners from november 2017 to now is $5,800ish+
if yes im saying it IF the price went below $5800 then i would have said that it was over sold. and the price was UNDER VALUED. but guess what. i would not fear that. for me. that would be DISCOUNT day. and a great time to buy.
(i hold MANY coins yet i dont fear when markets go down.)

now with this week we are seeing hashrates above 50exa evening out the event of junes asic hardware batch price change and seeing the price today is $6200+ then i see it as $400 of bubble/speculation padding above acquisition costs of 2018.

things to remember. the ATH is nothing special. at the peak only 1 person took advantage of the very top. but everyone can take advantage of the bottom. so dont stand at the top of a mountain looking down. stand at the bottom looking up.. this fresh mindset of looking up will make you a happier person when trading

oh. and if you too want to do some maths.
in october we will see another batch of new asics that will bring the cost per bitcoin into question depending on the hashrates rate by november(when users receive and start mining for less hardware cost) to see if there is another impact to the price.
im hoping to see a 90exa by october to keep to a ~$6k underlying value.
that way bitcoins long term growth stays on a yearly positive rise
2016:>300
2017:>900
2018:>5800

as for the 'price' volitility above the sea level of $5800. to me thats just waves that i like to surf that i can make a few percent a day playing the ups and downs. satisified that the sea level remains above $5800

Awesome answer. I agree with you. Bitcoin will be success.)

[Rasmus_hunter]

The continuous decline in Bitcoin prices may make investors very nervous and many people have lost confidence in Bitcoin as well as crypto.
This is a very normal psychology and nothing strange in life, in any field, there are two emotional state is governed by FEAR and GREED.
Especially in the financial market, not just the crypto market, when prices are rising, people often feel GREED, focusing only on positive trends and never thinking about trends. Negative, when the price goes down, then the person feels FEAR, then focus only on the negative trend and never thought that everything would be positive again.
Talk about this for people to imagine that believing in a current trend is only relative and timed, so look at the market trend with an objective eye (out-of-game) so that If not, then it will not be absorbed in the psychological game of the market. Finance is a game of psychology!
What do you think about this?

You must not dominated by your fear and doubt if you involving in crypto, because there are some manipulators who use that to take advantage from other peoples. If the whales joining and dump the coins in the market, then peoples who fear will sell their coins with loss because they want to stop their losses.

You need to learn to use emotions and think the way other market players think.

[Rasmus_hunter]

The continuous decline in Bitcoin prices may make investors very nervous and many people have lost confidence in Bitcoin as well as crypto.
This is a very normal psychology and nothing strange in life, in any field, there are two emotional state is governed by FEAR and GREED.
Especially in the financial market, not just the crypto market, when prices are rising, people often feel GREED, focusing only on positive trends and never thinking about trends. Negative, when the price goes down, then the person feels FEAR, then focus only on the negative trend and never thought that everything would be positive again.
Talk about this for people to imagine that believing in a current trend is only relative and timed, so look at the market trend with an objective eye (out-of-game) so that If not, then it will not be absorbed in the psychological game of the market. Finance is a game of psychology!
What do you think about this?

Nope i dont believe that only Greed and Fear governed the emotional aspect because theres another one that called DEDICATION and that is what we the true investors having in our lives

Those nervous people that you mentioned are the weakhanded human that enters cryptocurrency without knowledge and learnings on what he was going on

you are not "true" investors. And just more experienced market players)

lol true story bro/sister)

[lobster88]

The psychological fear of most of the crypto users here in the crypto currency community is one of the factors that also influence to the status and current state of the crypto market to went worst. Because of the crypto holders and users' fear to the crypto world to crash and eventually die, they turn back their trust and faith that Bitcoin will bring back into life again, but me, I never doubted that Bitcoin will not die this easily.

[TheUltraElite]

The psychological fear of most of the crypto users here in the crypto currency community is one of the factors that also influence to the status and current state of the crypto market to went worst.

The current bearish trend is because of that. Also all the previous other down cycles of bitcoin and altcoins are based on this. None of the cycles have been such that no news and FUD have come. Its always likes this because the crypto market is highly speculative and people easily turn to conclusions without thinking much or or doing much research.

Because of the crypto holders and users' fear to the crypto world to crash and eventually die, they turn back their trust and faith that Bitcoin will bring back into life again, but me, I never doubted that Bitcoin will not die this easily.

It wont and because bitcoin is trusted by few it will be propagated for long till we see the demise of fiat currencies. Although the adoption is gradually increasing we have seen cases where crypto took over fiat in some countries.

[richman3451]

I think that when people lose faith in bitcoin and crypt, then just then the rapid rise in prices for everything will begin when many people give up and on emotions sell their coins for pennies when they sell everything then the strongest and start growing

[Andrey13101991]

The crypto-currency market does not obey the technical and fundamental analysis. Only psychology works here. Only time will tell who will be stronger: institutional investors, swinging the market with capital, or private investors who find ways how to make a profit out of these fluctuations in the short term.

[ElenaN]

Crypto-currencies can fall in price, anything happens.  Sometimes prices fall by 90%, and then grow by more than 100%.  It seems to me the best idea will be invested in crypto-currencies, decide how much money you are willing to lose painlessly, that's exactly what you need to invest.  Just have fun, train.  There are a lot of good crypts: Bitcoin, Ethereum, Dash, Litecoin.  Spend time exploring their differences.  Bitcoin will always be a "daddy" for a long time.  Over time, we will see how the number of its transactions will decrease, in this situation it will be possible to pay attention to other projects...
And psychological fear is formed as a result of great greed, when we invest not the percentage that is not a pity to lose, but much more money than could afford to want a quick result, which many have not achieved!

[phelbaby]

The continuous decline in Bitcoin prices may make investors very nervous and many people have lost confidence in Bitcoin as well as crypto.
This is a very normal psychology and nothing strange in life, in any field, there are two emotional state is governed by FEAR and GREED.
Especially in the financial market, not just the crypto market, when prices are rising, people often feel GREED, focusing only on positive trends and never thinking about trends. Negative, when the price goes down, then the person feels FEAR, then focus only on the negative trend and never thought that everything would be positive again.
Talk about this for people to imagine that believing in a current trend is only relative and timed, so look at the market trend with an objective eye (out-of-game) so that If not, then it will not be absorbed in the psychological game of the market. Finance is a game of psychology!
What do you think about this?

This can also be called crypto fever,it keep the weak hands really  in-blame state, causing great panics to investors but this can be control with positive emotions towards the market believing and hoping that the market will step back again. Come to think of it,it is a volatile market and no one can can predict what will come of ot the next few hours and mins.

[dohh]

The continuous decline in Bitcoin prices may make investors very nervous and many people have lost confidence in Bitcoin as well as crypto.
This is a very normal psychology and nothing strange in life, in any field, there are two emotional state is governed by FEAR and GREED.
Especially in the financial market, not just the crypto market, when prices are rising, people often feel GREED, focusing only on positive trends and never thinking about trends. Negative, when the price goes down, then the person feels FEAR, then focus only on the negative trend and never thought that everything would be positive again.
Talk about this for people to imagine that believing in a current trend is only relative and timed, so look at the market trend with an objective eye (out-of-game) so that If not, then it will not be absorbed in the psychological game of the market. Finance is a game of psychology!
What do you think about this?

I say, fear of losing Your hard-earned money is healthy. A person without one, either has very good inside info, that everything will work out, or he is just an idiot.

[10BTCaDay]

Psychological fear is present but not at all , I think people who understand what it's all for the best don't even care.

[farosa]

The continuous decline in Bitcoin prices may make investors very nervous and many people have lost confidence in Bitcoin as well as crypto.
This is a very normal psychology and nothing strange in life, in any field, there are two emotional state is governed by FEAR and GREED.
Especially in the financial market, not just the crypto market, when prices are rising, people often feel GREED, focusing only on positive trends and never thinking about trends. Negative, when the price goes down, then the person feels FEAR, then focus only on the negative trend and never thought that everything would be positive again.
Talk about this for people to imagine that believing in a current trend is only relative and timed, so look at the market trend with an objective eye (out-of-game) so that If not, then it will not be absorbed in the psychological game of the market. Finance is a game of psychology!
What do you think about this?

Already the candles of all financial assets is a reflection of human psychology. The fear and greed direct psychology sometimes to dip, sometimes to moon. Just use it in time, maybe it'll bring you as much revenue as you could never imagine.

[joganuts]

Psychological fear is present but not at all , I think people who understand what it's all for the best don't even care.

Yes you pinpount a great point with that. People do freak out and feared when they see the market and start panic selling but when you fully understand the crypto there are time that you might ignore it because it is a usual thing.