Very frustrating

[arbiter5]

Allow me to vent a bit.

We're already half-way in June of 2019 in June, halfway of 2019, and I've thought people should have been smarter with their money by now.

Nope.

[1715186867]

1715186867

[adaseb]

Most people who got burnt buying into ICOs and other coins in 2017 are already out of the market and even though they might of smartened up they probably moved away from crypto-currencies.

However a new herd of investors will arrive when the FOMO starts again soon and they will buy anything pretty much. I remember when every single coin on Cryptopia was pumping back in Q1 2018 because people wanted to 100x their BTC by buying the next best coin.

People will say that BTC is too expensive and rather buy some coin worth a fraction of a penny because they will think it will be the next BTC or ETH. And they will get burnt like everybody did in the past.

So no.... people never learn.

[baristor]

So this is the reason Tron went up 20% ...

[CryptopreneurBrainboss]

The market is still mainly drive by emotions, must investors FOMO when the hear/read goodnews or see positive signs of price increasing that's exactly what's happening to Tron. Everyone wants to be on the moving train and when that train comes to a stop FUD happens and price drops drastically.

People, "majority of the so called investors" will never learn, if they do learn then the market will be less interesting. Don't be frustrated Instead capitalize on their stupidity. Guess what, when whatever Tron is planning get postpone or isn't successful they'll turn back to bitcoin pumping the price higher so the best more now is getting yourself more bitcoin.

[Tytanowy Janusz]

Smarter about what? It's crypto market (similar to start up market). It's immature and investing is based on hopes rather than fundamental.

But is stock market better? NOT !
Whole s&p and even forex is constantly pumping and dumping with every Donald Trump twitt https://www.fxcm.com/uk/insights/president-trumps-twitter-impact-forex-markets-stocks/.

Same with tesla shares and elon musk twitts.

Who is smarter? Someone who knows that it is another pump and dump and earned 0% or someone who just earned 20% knowing how to ride news based pump and dumps?

You also need to know that there are AI bots that can trade based on news (yea ... read ... understand and trade in a matter of milliseconds). It will be even worst in the future.

[stfN2128]

.....

However a new herd of investors will arrive when the FOMO starts again soon and they will buy anything pretty much. I remember when every single coin on Cryptopia was pumping back in Q1 2018 because people wanted to 100x their BTC by buying the next best coin.

.....

hehe, i don't think that we will see a situation like it was in 2017 again. This times when every shit was pumped like hell are over. if another parabolic bullrun start again, i guess the money which flows in will be concentrated on maybe 10-15% of all existing coins.


Tron is like xrp, you like it or not - there is no thing between The only thing about tron is a good marketing ... i personally bought just some to gamble on tronbet in the past.

[Ferris419]

It is really frustrating that people are not bothering to learn in crypto! After seeing a historical bear market, I thought only true learners are staying strong! But with the BTC price growth, we have been seeing FOMO again! Without any development, just by tweeting TRON price increased 20%! And the same thing is doing the Binanve CEO! This is like smart manipulating! People should think twice before supporting an altcoin!

[hugeblack]

There are a lot of cryptos beginners (escpecially if it came from verified account) on twitter, if we like to think about it, it is easy to attract the attention of some people using theses bumps especially those who speculate in the local currency markets and forex markets.
30% incease is a great deal that no one will miss it.
So do not frustrate awareness needs some time.

[davis196]

There's one thing I learned in my life the hard way.
The people that are born stupid will die stupid...There's no way to become smarter.
Can you at least explain what frustrates you so much about Justin Sun and TRON?

[Ucy]

He is the owner of tron blockchain and the CEO of tron (strange right? )? So why won't tron pump when he makes statement like that? 
Well, let's wait and see what he will announce by then.

[xvids]

He is the owner of tron blockchain and the CEO of tron (strange right? )? So why won't tron pump when he makes statement like that? 
Well, let's wait and see what he will announce by then.

Actually the tron has been increasing from the past couple of days .
It has been moving up now and I think his statement really did bring up the price .
But I hope those who bought TRX because of his statement wouldn't be disappointed at the end of it.

[The Sceptical Chymist]

However a new herd of investors will arrive when the FOMO starts again soon and they will buy anything pretty much.

That new herd has already arrived and probably includes members of the old herd who want to give crypto another shot.  Whether that particular fraction of said herd has learned anything remains to be seen, but I wouldn't bet on it.  There is definitely a lot of FOMO-feelings around bitcoin these days, and I'm just hoping they don't drive the price up to unsustainable levels.

People will say that BTC is too expensive and rather buy some coin worth a fraction of a penny because they will think it will be the next BTC or ETH. And they will get burnt like everybody did in the past.

Yep, that happens in the stock market as well, and I've seen it.  Investors with not a whole lot of money to invest would rather own 1000 shares of a stock trading at $1 than 1 share of a stock trading at $1000--and usually it's the $1000 stock which represents the better company.  So it goes with crypto.  Then again, the price of bitcoin is so far above the rest of the coins on the market that it's hard to do anything else.

He is the owner of tron blockchain and the CEO of tron (strange right? )? So why won't tron pump when he makes statement like that? 

Wow.  I don't think CEOs of corporations in the US with publicly-traded stocks can make hype announcements like this (I could be wrong, though).  Anyway, I hope this guy is right or else he's screwing a lot of people over who are listening to him and buying tron right now.

[Evgenklm]

It is very interesting that there will be 3 june, but I'm not in a hurry to buy tron, because there may be empty promises for self-promotion, as most CEO like to do.

[gantez]

People will say that BTC is too expensive and rather buy some coin worth a fraction of a penny because they will think it will be the next BTC or ETH. And they will get burnt like everybody did in the past.

So no.... people never learn.

This is the reason icos got people deceived from time till now and continuing. Is unfortunate that people will still keep thinking they can keep romancing with shit tokens got from ICO in their wallets. I'm out of that box.

[b3llsf1l3s]

Since a few days ago also in the telegram group often discussed Justin tweets about this but I still don't understand what really happened. Previously he said the big event was on June 1st, now we need to see it at June 3rd. Is this the latest FOMO way?

[peter0425]

Why is everybody surprise though? Justin Sun is very good in shilling his Tron? Do you honestly believed that they're coming up with new development? He just wanted to hype it again and was very successful as the price of Tron has a massive pump-and-dump, so yes there are still a lot of noobs who's trying to buy the news and it will be a expensive lessons for them to learn.

[serjent05]

Since a few days ago also in the telegram group often discussed Justin tweets about this but I still don't understand what really happened. Previously he said the big event was on June 1st, now we need to see it at June 3rd. Is this the latest FOMO way?

A marketing strategy .  Justin Sun is a good marketer, you can see it on his strategy, announcing announcement to stimulates supporters, watchers and bystanders, even haters interest into his projects(see OP reaction for proof). Then after June 1 he moved the date to June 3 even making the audience anticipation to go up which triggers possible speculation thus driving tron and BTT price up.   I think Justin Sun is trying to trigger a FOMO for his supporter with this step by step announcement.  

[Baofeng]

Why is everybody surprise though? Justin Sun is very good in shilling his Tron? Do you honestly believed that they're coming up with new development? He just wanted to hype it again and was very successful as the price of Tron has a massive pump-and-dump, so yes there are still a lot of noobs who's trying to buy the news and it will be a expensive lessons for them to learn.

Last 7 days was a huge pump, almost 35%, and we all know for a fact that Justin is what we call a 'shill God',   and he is very good at what he is doing. And the cycle will just repeats itself, those noobs in 2017 got burned early in 2018 went out and learn their lessons very well. And then in 2019 a new set of noobs will enter the market, thought to ride the hype again and then will be disappointed when they lost so much money because of following the hype. "Buy the Rumor Sell the News", and that is what Justin Sun is doing right now.

[timmydakolo2]

Allow me to vent a bit.

We're already half-way in June of 2019, and I've thought people should have been smarter with their money by now.

Nope.

We definitely use money to get money when it comes to investment one will have to hold a good strategy and with a good analysis on entering the market. This really a big win.

[timmydakolo2]

It is very interesting that there will be 3 june, but I'm not in a hurry to buy tron, because there may be empty promises for self-promotion, as most CEO like to do.

What we see here today is definitely a business strategy, we should always get to be smarter in crypto market don't buy in when its already flying. I believe many have already FOMO to this.