Current scare affect the decision making of starters.

[avp2306]

Can't blame starters to get scared about the current condition of bitcoin since no one like to see how the market move in negative direction but they should know that there are some ways that can make them avoid losses and that is.

In my opinion this is the few best things that need to consider.

Hodl since the only thing they lose is the $ and not the volume bitcoins still 1:1 ratio so this is best to do.

Decision making is also critical since we need to see each situation will occur and if we rush to decide without even thinking the whole point for sure we can lose our funds on simple mistake.

Fund management if they can able to grab for another funds they can set aside their funds experiencing some down turn and use an extra money to play with the market again and earn.

Proper researching by checking data's and news since this is helpful for us to learn.

[1715078353]

1715078353

[Bitcoin Smith]

"Newcomers to the cryptocurrency market are often like half-baked cookies- So, fellow half-baked cookies, embrace the learning curve, keep your stash close, and remember, even the best cookies sometimes need a bit of time to get that perfect golden brown!"

[Gallar]

Can't blame starters to get scared about the current condition of bitcoin since no one like to see how the market move in negative direction but they should know that there are some ways that can make them avoid losses and that is.

Currently, the bitcoin market price is experiencing a decline, which is sure to shake the minds of beginners a little. But actually, if you look at the potential for bitcoin in the future, I don't think you need to worry or worry. Because it is certain that the market price of bitcoin will rise again. Moreover, in the next year bitcoin will face a halving cycle, and after that it is usually followed by a bull run market which is bound to happen. So basically beginners who are investing in bitcoin don't need to worry about the state of the bitcoin price which is currently experiencing a decline. In fact
the price decline that is happening to bitcoin as it is today, can be used as an opportunity to buy bitcoin again, which is then held for the upcoming bull run market.

~Snip
Decision making is also critical since we need to see each situation will occur and if we rush to decide without even thinking the whole point for sure we can lose our funds on simple mistake.

Yes, you are absolutely right, when the bitcoin market is experiencing a decline, usually beginners who don't know the potential of bitcoin in more depth, there are two possibilities for what they will do. The first possibility is that he will sell his bitcoin assets, because the fear will go down. Then for the second possibility there are those who survive to hold on to the bitcoin assets they own. But for now, I'm sure most beginners won't make mistakes, such as selling their bitcoin assets at a loss.

[Abu-Naim]

In my opinion, the easiest thing to do as a beginner is buy bitcoin, hold your bitcoin, and learn more about bitcoin and cryptocurrency.
Forget about all the downtrend in the bitcoin market for now; it is just a matter of time, and everything will be ok.

[BlackBoss_]

Can't blame starters to get scared about the current condition of bitcoin since no one like to see how the market move in negative direction but they should know that there are some ways that can make them avoid losses and that is.

We all started as newbies and all had fearful feelings when we were newbies. We must be in the market long enough to witness many market crashes together with fud and also witness market recoveries later to understand that fud does not kill Bitcoin and Bitcoin market.

After having enough experience, we will become more calm when facing with market crashes and FUD. With our experience, we will be smarter, less greed and if we don't have opened positions with leverages, future tradings, we have better ability to be calm against market massacres. No education is enough and can help a newbie quickly gets that emotional and psychological control, it takes time and own experience.

[lovesmayfamilis]

So what? OP, do you care about newcomers' decision to be so nervous and, with some market turmoil, to panic and dump their holdings? Only the strongest will remain on stage. Sometimes it seems that this is precisely what such volatility works for—to shake off newcomers. How will these people know they made a mistake? Only when they see the growth of Bitcoin, but their reserves will be at zero. Maybe some who are very hesitant will sell everything, but others will get a good experience and understand more about the value of Bitcoin.

[Maslate]

Not only newcomers, but even those who have been here for a long time and have not learned their lessons or observed the market closely. There's only one simple principle that I always follow, and I'm consistently profitable with it: buy when the market dumps and sell when the market pumps. This process occurs frequently in this highly volatile market.

The thing is, if people panic, the price becomes cheaper, and that's when whales take advantage of their influence. Later, they can easily pump the market to make quick profits.

[Upgrade00]

Can't blame starters to get scared about the current condition of bitcoin since no one like to see how the market move in negative direction

Lower prices are like bonuses for anyone looking to buy, so any starter who gets in when the price is low or dropping is quite lucky cause they can get some bitcoins fo less dollar bills. Everytime is a good time to buy if the asset is a good one, but buying the dip is far more beneficial in the long run.

Getting in when prices are low also indicates that you're not solely influenced by the price or fomo around it. Such people are more likely to make a better decision than others.

Edit; this is my post number 5000 
Been an amazing short chat with you all.

[Jating]

Can't blame starters to get scared about the current condition of bitcoin since no one like to see how the market move in negative direction but they should know that there are some ways that can make them avoid losses and that is.

In my opinion this is the few best things that need to consider.

Hodl since the only thing they lose is the $ and not the volume bitcoins still 1:1 ratio so this is best to do.

Decision making is also critical since we need to see each situation will occur and if we rush to decide without even thinking the whole point for sure we can lose our funds on simple mistake.

Fund management if they can able to grab for another funds they can set aside their funds experiencing some down turn and use an extra money to play with the market again and earn.

Proper researching by checking data's and news since this is helpful for us to learn.

Most likely it's going to be a big lessons for them, I mean, if you are a starter or beginner here, you are going to be scared to see the price going down to $25k. However, if you are going to closely analyst it, well it's a good thing that this happen this downturn.

For once, the price is going to be cheap and at a discount, second, as I have said, learning curve here, you are going to ask yourself whether to buy and what you are going to do? yes, you are going to HODL on it. So that is another lessons, you need to be a long term to be able to make money in the next bull run.

[Mayor of ogba]

Can't blame starters for getting scared about the current condition of Bitcoin since no one likes to see how the market moves in a negative direction but they should know that some ways can make them avoid losses and that is.

In my opinion, these are the few best things that need to be considered.

Hodl since the only thing they lose is the $ and not the volume bitcoins still 1:1 ratio so this is the best to do.

Decision-making is also critical since we need to see how each situation will occur and if we rush to decide without even thinking about the whole point for sure we can lose our funds on a simple mistake.

Fund management if they can able to grab for another funds they can set aside their funds experiencing some downturn and use the extra money to play with the market again and earn.

Proper research by checking data and news since this is helpful for us to learn.

Any newcomer in the crypto market who invested in Bitcoin will surely be scared of what is happening around the Bitcoin market. Imagine if a newbie bought a Bitcoin last week and the dump that happened recently will make that newbie think and question himself about buying Bitcoin at the wrong time. This is why as a trader you are not expected to go all in when buying Bitcoin, you can divide your funds into two parts and use one part to buy Bitcoin and the second part to buy when the Bitcoin price dumps more. We must know this in our minds after the bear market comes the bull market.

[ImThour]

I remember the market was literally dead when I joined Crypto, i.e. in march 2020. Covid was going on and the prices literally dropped a lot. And I actually thought that Cryptocurrency or Bitcoin is about to die. So I didn't bought it for the next 2 months and then, I bought in. I am lucky that I was able to buy before a massive bull run. I had never seen something like that happening in my life. Like some coins were literally 100x. Yes, 100 multiplied by your investment. Bitcoin literally went 20x within a year and half. Bull runs are crazy.

[Kelvinid]

Can't blame starters to get scared about the current condition of bitcoin since no one like to see how the market move in negative direction but they should know that there are some ways that can make them avoid losses and that is.

It seems not to wonder and I understand why because if you are also in their position, fear and worry could be in your mind as well. But because we are already exposed to this kind of situation, we know what we are going to do next and that is to hold and calm.
Perhaps they will know when they will find it and if they'll think differently. Many newbies have already done the research, they are new yes but their understanding is quite huge already. This is a huge advantage when you do a dip research before investing in something. It is very important and for us not to get surprised by whatever will happen in the market.

[Sim_card]

As for newcomers that think the price of bitcoin is only going up,this is their time for them to learn and gave experience on the market to become strong in the next circle. The chickens among them will panic and sell off but they will regret it later because the price will pump again. And the newcomers with strong mindset and has been told about the fluctuating price of bitcoin and knows that it is for long term investment will hold and remain in the game. Experience is the best teacher and this is the best time to learn on bitcoin price movement to become stronger in hodling.

[Natalim]

I was expecting that to happen, in fact, even old timers are still in a panic situation - this is really how the dumps affect an individual's mindset. This really means that if you never know what the crypto space looks like and don't understand the volatile behavior of the market, I can assure you that everyone could be in this panic state.

That is why before we have to start investing in Bitcoin, we have to assure ourselves that we are ready to face the challenge and the consequences as it comes whether we like it or not. And the only thing we do is to become strong and have faith on our invested project.

[Hyphen(-)]

Can't blame starters to get scared about the current condition of bitcoin since no one like to see how the market move in negative direction but they should know that there are some ways that can make them avoid losses and that is.

This is actually the right time for a beginner that seeks knowledge to start because they can get bitcoin at a very low price. Only people that think it is a get-rich-quick scheme will be afraid to invest or join because they have no guarantee of when they will be making a profit if they invest now.

Decision making is also critical since we need to see each situation will occur and if we rush to decide without even thinking the whole point for sure we can lose our funds on simple mistake.

This is applicable to altcoins, but Bitcoin did not need all these; just create your wallet, save your seed phrase, and invest the amount you can afford to lose. Then keep holding for a long time until you are satisfied to sell.

[Solosanz]

Either they sold their coins or they continue to hold their coins, both of them will give them a lesson. If they sold their coins and after the next month, Bitcoin price recovered and reach more higher, they will learn what is holding. If they continue to hold their coins and still don't want to sell their coins when Bitcoin price increase a bit which they can use that to take profit, they also learn how to control their emotion.

[Razmirraz]

Decision making is also critical since we need to see each situation will occur and if we rush to decide without even thinking the whole point for sure we can lose our funds on simple mistake.

Speaking in the context of a market moving in a negative direction, it is necessary to consider all decisions before regret arises when the market starts moving in a positive direction. Patience needs to be formed in beginners when facing a market that is fluctuating downwards, they must be able to control their emotions in order to save the value of their assets.

The right decision will bring big profits, when the market is moving in a negative direction, you should increase the number of assets while the price is cheap. The Bitcoin market that moves in two directions always gives a different feeling to Investors. Beginners need to build character to keep their emotions in check when market conditions are unfavorable.

[Alpha Marine]

To me it's all about perspective. The glass is either half empty or half full depending on how you look at it.
The current price of Bitcoin can be an opportunity.
I personally didn't see this coming to be honest, I thought the lowest Bitcoin price will get to in a long time is 29,000 dollars after reach 31 and 30k.
But this can be an opportunity to buy Bitcoin at a lower price. Now we have an opportunity to buy Bitcoin for 26k instead of 30k.
That's like a 4,000 dollar discount. 
Every time Bitcoin dips is an opportunity to buy at a relatively cheaper price
It's a discount because we all know the price will still go up, it's the actual time that we do not know, but what's certain is that it will go up.
So in as much as I would love Bitcoin price to get to $70k ASAP, we have to see every dip as an opportunity to to exploit the discount if you have the funds to buy.

[Issa56]

Can't blame starters to get scared about the current condition of bitcoin since no one like to see how the market move in negative direction but they should know that there are some ways that can make them avoid losses and that is.

It’s normal for beginners to be scared of the current dump happening, it once happened to me when I was a beginner, and I was also scared. It's not really easy to see your money dropping, but beginners should have believe that the dump is just temporary and with time it will bounce back. If you are a professional, I see no reason why you should be scared of the dump because it’s not a new thing. Everyone that has spent time in cryptocurrency will understand how it works, and they don’t have to panic. It's annoying when I see professionals panic when bitcoin dumps. They have the experience already, and they should know it will bounce back no matter how it dumps.
 
So I am encouraging the newbies just joining cryptocurrency to have patience in the current market conditions. They should just keep on having patience, ignore their wallets, and stop checking them frequently.

Fund management if they can able to grab for another funds they can set aside their funds experiencing some down turn and use an extra money to play with the market again and earn.

You are encouraging the newbies to grab extra funds to play with the market, but I believe that’s a really wrong idea. The market is currently really dangerous, and don’t be surprised if the market ends up playing with them. If they have extra funds, they can just invest more and ignore it, but don’t try to play with the market.

[nakamura12]

It's normal for newcomers to panic even the old timers also panic. Well, if they want to sell their bitcoins then let them sell it and you will see who remained holding their crypto and know who sold their crypto. Well, some people sell their Bitcoin and bought stable coins and sell it once the price of Bitcoin is stable enough (the price is not decreasing much or the price stays a certain price range) or when it's increasing. I would have done the same if I am panicking but I not.