Reasons for newbies loss in bitcoin

[CDC AP]

There are really many factors why a newbie loss Bitcoin. Lack of information in what is it and how it works is one of the reason.
We need to know that investing Bitcoin is also very risky. Its volatile and may crash. We can't get rich overnight with it. In the last few years it goes down but rise up again and again. So we should not panick instead asking for advice, read articles/books to have more knowledge

[muratsink]

this is very unfortunate.why beginners.have to lose bitcoin especially this for those who are new to mining in bitcoin have to lose their bitcoin maybe they easily believe in scammers.or people who can.multiply.bitcoin so it.makes them very affected.especially considering.bitcoin at a high price so expensive.that they easily accept this input by giving their password or password to other people so that it is used by irresponsible.people who cause.them to lose their.bitcoins

[Henrobakkara]

Bitcoin is becoming mainstream these days and top most choice for many investors for making investments and contribute a good portion of their portfolio allocation towards the same but still we see panic sell among these investors making the situations worse for market and for themselves also. So what are the main reason for these sell off ? Later on when they buy at peak and sell off at drop they think btc was not the right option for them but don't realize their mistake.Some common reasons for these are as follows:

1) People think Bitcoin as tool to become rich overnight

The main reason for people investing in bitcoin is that they see btc as tool to become rich overnight and according to them if they would invest $100 or $1000 in bitcoin it would be double or triple within days and when they see their investment going down next step they get nervous and want to safe themselves from any further loss.They see on news and article that btc is up 1200% this year and they think it will keep on rising and when this does not happen they panic sell and start dumping their coins.They need to be atleast have patience and know it will take certain time for btc to jump back.Apple,Microsoft and other shares have not make upto S&P 500 overnight but still bitcoin is keeping the pace very fast. 

2) People ignore the volatility factor and past Crashes

Many new investors enter the market in the investment hype and hope for steady rise and ignore the main "Volatility" factor and it is the basic knowledge every investor must have prior investment.The volatility in crypto market is high and prices can fluctuates highly but when it goes down they start panicking and do the same mistake which is biggest mistake. Market have seen many dips and crash like situations but still they tend to ignore it and got nervous. They should see this chart history before any judgement:

When it have witnessed more than 70-80% crash in prices and still managed to rise to this level so why do panic sellers think it is bubble and will burst this time? It has been declared dead hundred times and still trading at $30k so if you underestimate it you will be in loss in future.

3) Whales manipulation and FUD

This is most common technique to create dump like situations in market to gain huge profits from this situation and accumulate more bitcoins at cheap prices.They spend rumours and create FUD in the market to which most of the newbies will get panic and start selling off and exactly same thing happens and the only ones who suffer loss out of this will be panic sellers.


WE ALL NEED TO TAKE INTO CONSIDERATION ALL THE FACTORS BEFORE INVESTING INTO BITCOIN AND HAVE PATIENCE FOR SOME TIME MOST IMPORTANTLY IN THESE DIPS SO THAT IT GET SOME REATAIL SUPPORT.

I believe all points are valid In this argument and I believe that point 1 might even turn out to be the most active of them because if some investors don't see Bitcoin as a means to get Rich overnight then they will not be quick to make all those impulsive moves anytime the market blinks, they don't want to see the remaining 2 points that, Whales will continue to manipulate and cause FUD in the market and if at all they have paid attention to previous market circles they would have understood this. So like I said, all points are solid but believe people come with the wrong assumption, Greed.

[Murtaza345]

I'm sharing my experience when I was newbie in crypto world.And I also lost big amount in bitcoin but now I'm in big profit, and  big reason of my  lost was I didn't study about bitcoin and enterd judt listen rumers form people they said I mad big profit.So I suggest to newbies don't enter in cryptocurrency world without study do your own good study first than keep stap I promise you will never lose in bitcoin after your good research.

[Altryist]

this is very unfortunate.why beginners.have to lose bitcoin especially this for those who are new to mining in bitcoin have to lose their bitcoin maybe they easily believe in scammers.or people who can.multiply.bitcoin so it.makes them very affected.especially considering.bitcoin at a high price so expensive.that they easily accept this input by giving their password or password to other people so that it is used by irresponsible.people who cause.them to lose their.bitcoins

First of all, newbies are losing bitcoins due to strong market volatility. Because you need to have a very large faith in bitcoin so as not to sell it on such large drawdowns as it was a few days ago. On days like these, not only beginners think about selling their bitcoins, because such large decline, are very difficult for any person. But as we can see MicroStrategy continued bought bitcoin after that, I think this should be taken into account by the beginner.

[haasanjui]

Newbies are new and inexperienced they not know when and where to invest they invest money randomly and sometimes they lost their money. And they don't make research and invest directly which make them in lost.

[PabloFlexcobar]

My bitcoin balance shows a loss of -16,292.14 under Reporting > Realized & Unrealized Gains, but it should be 2.1. Why is it negative? Any tips on how I can fix this in the reporting?

[worle1bm]

this is very unfortunate.why beginners.have to lose bitcoin especially this for those who are new to mining in bitcoin have to lose their bitcoin maybe they easily believe in scammers.or people who can.multiply.bitcoin so it.makes them very affected.especially considering.bitcoin at a high price so expensive.that they easily accept this input by giving their password or password to other people so that it is used by irresponsible.people who cause.them to lose their.bitcoins

First of all, newbies are losing bitcoins due to strong market volatility. Because you need to have a very large faith in bitcoin so as not to sell it on such large drawdowns as it was a few days ago. On days like these, not only beginners think about selling their bitcoins, because such large decline, are very difficult for any person. But as we can see MicroStrategy continued bought bitcoin after that, I think this should be taken into account by the beginner.

The newbies and small investors can sell off their coins whenever they feel satisfied but the point is it must be at profit or zero loss situation otherwise if you are selling at panic then it's no fun of investment but this is happening more whenever the btc price dips a little bit because they have invested ignoring all the factors that I have mentioned.You can also gain with volatility if you are pateint enough to hold through these dips and invest like big companies even if the amount is small.

Well you are absolutely right and this information would help them a lot thanks a lot mate

Actually it will not help as many still practice the same way and educating them towards luking offers is not gonna help a lot but few like you if understand the situation we will see less price dumps and you will be having profits.

[D-law]

It's a good thing most newbies fail, but learning from them failure is the most important thing you see.
To curious about Bitcoin,I think every newbie needs a mentor to guide him)her on the do's and don't about bitcoin.
ADVICE: Know what's at stake before diving into something,this will help in making good decisions.

[Olayinka2225]

To me, the main reason why newbies loss in bitcoin, is that so many of them think that btc or crypto is a get rich instantly thing maybe teaching from their teacher or facilitator, but it isn't. It is a thing of patient and market endurance.

Another thing is greed.

[worle1bm]

To me, the main reason why newbies loss in bitcoin, is that so many of them think that btc or crypto is a get rich instantly thing maybe teaching from their teacher or facilitator, but it isn't. It is a thing of patient and market endurance.

Another thing is greed.

That's the first point that i have mentioned in my post  that bitcoin is not make you rich quick scheme and you need to be patient enough and hold your coins in dips also but people do something opposite to it and sell at loss or find some other coins better and that take them to loss so we can't protect them so it's better to leave them on their.

[KaliLinux]

Newbies cannot easily controlled thier emotion in both green and bloody market, they are always loss because they are panic sellers when price is dump and panic buyers when the price pump, and that is normal to newbies because i experienced being a newbie and I experience loss during my newbie days, to avoid this lossing we need to learned by studying and researching and as the time goes by we can easily control emotions because or the learning's that we can get through studying.

I've had a bitter experience, I panicked quickly when the market turned red so I sold my asset even though the red market was only temporary so I regret this is my very bitter experience and I don't want to repeat it.

The truth is that most of the time, investors come into Bitcoin investment without a proper time frame target. Everyone thinks as soon as they start trading Bitcoin the price should continue to go up hence when there is a slight dip in the market they hurriedly sell-off and that price action might just be temporary as in your case.

[carlisle1]

To me, the main reason why newbies loss in bitcoin, is that so many of them think that btc or crypto is a get rich instantly thing maybe teaching from their teacher or facilitator, but it isn't. It is a thing of patient and market endurance.

Another thing is greed.

That's the first point that i have mentioned in my post  that bitcoin is not make you rich quick scheme and you need to be patient enough and hold your coins in dips also but people do something opposite to it and sell at loss or find some other coins better and that take them to loss so we can't protect them so it's better to leave them on their.

Most of those newcomers who didn't do their homework losses their money with this kind of trend,

The market always different sways, if you don't know how to deal with it expect that the first thing that you will do is to keep yourself

working with the current situation, deeper knowledge is what you need many times from the past proves that this market fall always have

good bounce and recovery at the end. Position yourself and be patience to wait.

[StLucifer]

many newbies lose bitcoins because they don't understand crypto. plus their emotions that are still difficult to control make them often get carried away with anger when they see the market going up and down quickly. even though patience is one of the important points in bitcoin investment so you have to master it first. negative thoughts about crypto. Try a small capital investment first while continuing to understand market conditions.

[Shagnasty]

this may.be very concerning.with apq that occurs.to beginners.in losing bitcoin, in.fact we also don't.easily believe in.the name of duplication.carried out by bad people who want to double.our bitcoins.instantly and this is.very dangerous, especially for beginners.who don't understand anything about the problem, and we hope this doesn't.happen again in.the future

[OrangeII]

It's a good thing most newbies fail, but learning from them failure is the most important thing you see.
To curious about Bitcoin,I think every newbie needs a mentor to guide him)her on the do's and don't about bitcoin.
ADVICE: Know what's at stake before diving into something,this will help in making good decisions.

it's good to keep learning, however, if you think about what the OP wrote, then it can be a mistake, and can be frustrating.
when we are wrong, then we learn from it. other than that, it's okay to do trial and error, but the thing to note is, we learn to master these abilities, not to get rich overnight. many newbies think that this is the easy way, therefore they take the risk by giving away all the assets they have in the crypto world. Yes, it's very risky.
if you want to learn, then start little by little, gather information, read, watch, and more. after all, I've made the same mistake, even now, but I've come to understand, that making money in the digital world also has big risks, information that needs to be studied, study market movements, and so on. it can't be got in 1 night. So, newbies have a lot to lose because they sometimes don't understand what they are investing in, and they are in too much of a hurry. Well, I understand this, because I've also made that mistake.
you have good advice.

[JohnSmithK]

Newbies are more passionate to earn money easily and quickly due to which they suffer some losses. A detail analysis ad constant are necessary for investment in bitcoin as the crypto market is realky volatile. (https://kalkinemedia.com/ca/)

[panukurap]

Newbies usually lose a lot of money when trading because they are still unfamiliar and don't understand cryptocurrency, so they don't think widely about crypto. In addition, the lack of patience and emotional control in trading is also still low, in fact some of them still underestimate this even though this is an important point. In fact, many professional traders are often trapped because of their own emotions. So be careful because one day you will meet market conditions where it will drain your patience.

[Xampeuu]

Newbies usually lose a lot of money when trading because they are still unfamiliar and don't understand cryptocurrency, so they don't think widely about crypto. In addition, the lack of patience and emotional control in trading is also still low, in fact some of them still underestimate this even though this is an important point. In fact, many professional traders are often trapped because of their own emotions. So be careful because one day you will meet market conditions where it will drain your patience.

Beginner traders really often experience losses, especially if they make easy profits for the first time, of course they will feel proud that trading is easy, so they are controlled by the trader's own emotions which result in not thinking realistically and ultimately experiencing big losses because they don't use stop losses. and always expect the market to go up soon, and end with a cut loss

[muratsink]

this is very unfortunate with what happened to beginners so that they have to lose their bitcoins maybe it can't be separated from the beginners themselves who are easier to believe in scammers can multiply bitcoins so that it makes beginners so affected by the lure of doubling bitcoins in number which is so big that they have to lose their bitcoins, this is really very unfortunate