Why complain about the dump when the market warned you????

[Mpamaegbu]

Well, what we have ongoing is called "cleansing" in religious circle while the crypto industry called it correction. It happens from time to time, except you're new to it. It should afford numerous investors an opportunity to buy more of their favourite tokens. This is what investors are doing right now while weak hands sell off. The current drop in BTC is around 50%. It isn't even as bad as what the market experienced in 2018 with almost 85% drop. Yet it came back strong. My take is that hodlers shouldn't panic beyond this level for Bitcoin is a phoenix. It will surely rise back and hit a fresh ATH.

[Kelvinid]

Okay, then lets us ignore these people, but to know that they will find the answers later and make them realize that they don't need to do it. As I believe that these people who keep complaining are those weak hands investors, as they don't clearly understand what is volatility the hardly they will know about Bitcoin.

So these people are helping the market to make more risky and volatile. As they were still investing crypto and keep asking why and why, the more we got notified and it adds more adoption as many people will come due to curiosity.

[jrrsparkles]

It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.

I see a lot of people complain about the recent dip in the market and I am surprised. Because if you know about price action, you would see that the signs were obviously there before it all went crashing down. On the daily time frame, Bitcoin broke structure and retested several times before heading down. The market warned you, but you didn't see it.

The same pattern is there when you see the prices are going up well, but if you care about the 20 to 30% dump then you have a feature called stop loss which can be set into your desired threshold limit so if it falls further then the orders will be executed.

[wajik-tempe]

But i think people who complained are the people who cannot read the chart or even didn't see the chart when buying a coin, there are a lot of new crypto player lately this year. Most of them are buying a coin because of hype news and also because of FOMO. They will blame the market and the one who recommend to buy if they having a loss. Commn things in crypto

[Kasabus]

Okay, then lets us ignore these people, but to know that they will find the answers later and make them realize that they don't need to do it. As I believe that these people who keep complaining are those weak hands investors, as they don't clearly understand what is volatility the hardly they will know about Bitcoin.

So these people are helping the market to make more risky and volatile. As they were still investing crypto and keep asking why and why, the more we got notified and it adds more adoption as many people will come due to curiosity.

Newly investors will never stop to complain unless they learned lessons already or they get used to the dump market.

I think it's our own initiative to research first even its own consequences before deciding to invest not just in crypto but in all aspects of business. When a bull season comes, investors expects huge profits but when the market suddenly dumps, they tend to end up ranting. Remember that this market won't go into bullish without having its bearish season first or vice versa.

[fortune1002]

It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.

Yes mate you are right, no one can get profit without knowledge, but we can't predict market properly. As there are many reasons for market crush and China has announced something about Bitcoin so we can't predict it right.

[TheMimic1]

People want their fantasy to come to life, many dreamed of buying mansions and driving Lamborghini through this bull season so they went it with all they have but since they don't know how dangerous buying at ATH is they buy and hold only to watch their portfolio turn red, I'm not surprised because we have more newbies amongst us so they will learn the hard way anyways, the bull market is officially over.

[warg2017]

It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.

Yes mate you are right, no one can get profit without knowledge, but we can't predict market properly. As there are many reasons for market crush and China has announced something about Bitcoin so we can't predict it right.

I am totally agree with you, how could we predict the market absolutely right, that is impossible. Talking is always easy, but doing it is the hardest part in the world. I said no one can predict the market one hundred percent right.

[Gorosden]

It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.

Yes mate you are right, no one can get profit without knowledge, but we can't predict market properly. As there are many reasons for market crush and China has announced something about Bitcoin so we can't predict it right.

It's true we can't predict the market properly but people are too greedy, they failed to follow the rules of crypto investment, everything that happens in crypto space today is all I was expecting because I am so disciplined to an extent that I believe in some shits like

1. Things don't stay up forever
2. Up and down is 100% certain in our lives and businesses
3. Billionaires that are hyping crypto wants more money themselves
4. People buying crypto when crypto is surging is RED FLAG
5. People looking at portfolio with 1000% gains and still refuse to take profits, that's their problem, 100% greediness

[speedforce]

It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.

Yes mate you are right, no one can get profit without knowledge, but we can't predict market properly. As there are many reasons for market crush and China has announced something about Bitcoin so we can't predict it right.

It's true we can't predict the market properly but people are too greedy, they failed to follow the rules of crypto investment, everything that happens in crypto space today is all I was expecting because I am so disciplined to an extent that I believe in some shits like

1. Things don't stay up forever
2. Up and down is 100% certain in our lives and businesses
3. Billionaires that are hyping crypto wants more money themselves
4. People buying crypto when crypto is surging is RED FLAG
5. People looking at portfolio with 1000% gains and still refuse to take profits, that's their problem, 100% greediness

No 5 is really my problem, Greediness kill me.
Now im hold 3 years for nothing, but live must goes on. I will take lesson from it.

[KaliLinux]

It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.

I see a lot of people complain about the recent dip in the market and I am surprised. Because if you know about price action, you would see that the signs were obviously there before it all went crashing down. On the daily time frame, Bitcoin broke structure and retested several times before heading down. The market warned you, but you didn't see it.

Well said. Those people you saw are the people who just recently involved in crypto space and after gaining some profits with the scattered sh*tcoin in the market, they think that they can do it with other coins and feel that they are really into the trading and know it all.

Even as nice as that might sound, do you believe only the people that are recently involved in crypto space and have made profits from trading shitcoins have the strength to bring the entire cryptocurrency market down the way it went this past few days? If that is really the case then why worry? You and I know that is not the case. There are really true HODLers but the majority of the market panicked.

[Davian144]

I am totally agree with you, how could we predict the market absolutely right, that is impossible. Talking is always easy, but doing it is the hardest part in the world. I said no one can predict the market one hundred percent right.

Human beings always have limitations and no one will know the future, or things that haven't happened yet, so don't dream too much and speculate before we experience it or see it as it happens in the market.

[trauchot]

Before the huge fall of the cryptocurrency market, within a couple of days, the prices of cryptocurrencies began to fall and it was already possible to understand what needed to be done, and therefore I managed to transfer my investments to stable coins and now  I am following the cryptocurrency market to understand what can be expected from the cryptocurrency market, because at any moment another correction of the cryptocurrency market may begin and therefore it is better to keep your investments in stable coins for now.

[inanilujimi]

Most of the people complain about the current downturn in the market because what they wanted didn't match reality. crypto market is very volatile whenever it can change direction we have to be prepared for any situation.

[kryptqnick]

People complain when they see that their investments are down. Some are probably new to the market and haven't done their research to realize how risky altcoin investments are and how much can be lost. Plus among these newbies there are always some who just buy when the prices are at their highest points, neglecting the 'Buy low, sell high' rule.
As for more experienced people, many truly believed that this time there won't be a huge correction because altcoins follow Bitcoin, and Bitcoin was pumped by solid investors rather than by a bunch of newbies.
And of course, there were no warnings. Bitcoin dropped after Tesla stopped accepting Bitcoin, but it looked like it could get over it. Then the news about China pushed the price down even more. There are still those believers that think the bull market isn't over and the prices will recover shortly. So it's as unpredictable as ever.

[Trinx01]

Lol, it is pretty normal that a person will react when the value is dumping because we are talking about money and they do not expect that it would happen, even though they already know that cryptocurrency is volatile and it can dump anytime, they still don't expect that it would happen to fast, they react on something just because of what happened and not reacting because they will lose their money, you guys won't lose our investment if we will keep on holding it, the market and the cryptocurrency that we are holding will recover soon, those people who live in 2018 is already immune for this kind of thing.

[Ozero]

People hope that they will be given discount price to buy Bitcoin, Ethereum, BNB and top coins when they saw those cryptocurrencies have expensive price. Yesterday, their wishes became real opportunities on the market. Complains, why?

If they complained, they will never buy dips and will wish again when Bitcoin makes its new tops.

Big discount events rarely appear. A few months you will see one discount event but it is not too often.

The people who want to buy bitcoin or another promising cryptocurrency are not complaining right now. Those who recently bought at a high price are already complaining, seeing how their invested capital is depreciating. This is quite normal, as there will always be those who buy cryptocurrency at the peak of its price. When people see that the price is rising, it works magically and logic does not work much. They only see possible profits. And then there is a dip in prices. Although the fall has long been expected, for many it is not only unexpected, it is just a shock. So it was, is and, apparently, will be.

[tvplus006]

...The market warned you, but you didn't see it.

Not everything is so simple in the market to understand unequivocally that there will be a dump. Obviously, many expected a correction, but did not assume that it would be so strong. This dump is compared to the one that was in March last year, so it is not surprising that many positions were liquidated.

[ethereumhunter]

People complain because they never expect to see the market will be like today and are not yet taking their profit. And now, they see that their coins price is down a lot and make them sad and even many of them are cut losses the coin just to want to buy the coin at a low price. It is not happening in the bitcoin market, but it is also happening in the altcoin market. So we need to have more patience to wait for the market back to the high price again.

[tomisinade]

I’m with you on this and i think people should have seen the signs and most of the people complaining are the mostly the newbies who followed the wave of the news about crypto currency and most of this people have been warned before investing in crypto… most are just expecting a get rich scheme and not long term investment… i hope people make better research next time because this isn’t the first time it’s happening