Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: TomPluz on May 27, 2021, 04:34:35 AM
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The ongoing big dip in the cryptocurrency market is going to be a part of cryptocurrency's history but I am sure this is not the biggest one and would probably just an ordinary one if taken from a long-term perspective. While old timers are just relaxing and just waiting for the market rebound, those who are new are the ones making some panic and that means that these people entered cryptocurrency with wrong expectations and without first learning the market they are getting into.
I am always surprised to hear people get shocked of the kind of volatility that crypto is offering to all and it is because this is not shocking at all. Just a mere review of cryptocurrency history will tell us that one of the biggest landmark of crypto is its ability to go down and up at a dramatic rate.
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Yes i also agree with you. These newbies dont have much knowledge and belief in crypto. They are here to make huge money. But they don't actually believe in the future of crypto. So they start selling when they see big red candles and get more panicked. They need some knowledge of the crypto makret before trading.
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Not only Newbies but also like us who are 3-4 years old in crypto. Basically, most of the small investors don't care analyzing market. They rush to the bullish market if the price goes and touches to the moon but when price starts falling, they rush to sell in panic. Small investors should be more realistic and practical in trading. Market fundamental analysis is very important, only fund spent in a coin isn't ideal for trade. Hence, proper research on coins, taking appropriate time entry and exist, store 30-50% funds with stablecoins is very important.
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I understand that even though we have OGs in this cryptocurrency space that has seen all this happen to cryptocurrency price before, some of those people would have sold too even if not panic sell. I believe it is a strategy to increase your position. I one of the telegram groups am in, people were actually praising the supposedly paper hands investors that sold earlier or that we would say panic sold because when you look at it at the end of the day, they would have been able to accumulate more if they bought back in which I believe should be a true crypto-enthusiast mission for selling.
So sometimes, selling early during dips is not actually bad if your intention is to buy back.
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Don't be panic, I still hold my coin and believe market will recover again.
As many people said, crypto currency is fluctuative.
So don't worry about dip.
I have invested in crypto more 3 years, I think fluctuative is nature of crypto currency.
I see market is starting to rise again, maybe we will see bitcoin at 50K USD again, beginning June.
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Whales always know how to use media to create a big sell-off event to get paper hands investors to leave the market when sell the dip. It's a pity that they have given up on crypto, they don't have the patience to enjoy the strong rally and price increase right after this correction.
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Those that sold out were the newbies that joined recently. i strongly believe that people that has been involved in crypto since 2018 will never dump their token now due to the recent dump. it is because they have weathered tru storms and heavy terrible news that nearly crash the cryptocurrency and bitcoin. when countries and top business declared bitcoin illegal and many still believe.
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Well for sure this bull run caught a lot of people's interest, people outside crypto were seeing the massive pump and gained interest in joining and most of them didn't even read out for the risk Involved or how does the system really works. It's so bad that there are actually the ones panicking and selling at lose, this is actually a market correction, prices will still rise to the top again.
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Yes, I agree experience traders or holders hold their nerves during the panic. Most newbies easily become victims of panic selling that is all because of lack of experience or knowledge but after learning a bitter lesson they will also learn to remain patient. This is how this market behaves and it's better when we used to such volatility.
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There is nothing to be done, since newcomers have no experience in the cryptocurrency field and therefore they do not know what to do when the cryptocurrency market falls, but we were also in their place and we also did not know what to do in the moments of deep correction of the cryptocurrency market, but now we know that after the correction there will always be another growth, that's why we don't panic anymore as before.
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Yes. it has already been noted that, during the fall in prices in the market, mainly bitcoins were sold by persons who recently bought them. This is one of the persistent mistakes newbies make. In fact, it is beginners who bring profits to experienced traders, buying cryptocurrency already on a long rise and selling to themselves at a loss when the cryptocurrency drops in price sharply. I would like to know what percentage of these newcomers, who lost their money in such price drops, return to this market again.
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That is due to a lack of planning on how to invest, it is due to a lack of education in the crypto ecosystem. Something good and something bad comes out of that situation. The bad thing is that most of those newbies will sell at a loss, the good thing is that others will take advantage of it. In this way the market has organic growth, no pumps or dumps without any meaning.
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Actually, it is not only newbies who panic about this dip market situation. It is like a beartrap. I personally also was panicked when the price suddenly dropped very drastically in only a few hours. And the asset portfolio has dropped more than 50%. But I still don't sell anything and still hold them.
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Majority of those Newbie are into crypto to get rich quick not minding the consequences of price dump once the price start to undergo correction they hurriedly dump their coins and begin to paint crypto in a bad light, of course they can't control their emotions and they are at the losing end after dumping all their coins then the price begins to pump again, however I think it is normal for every newbie to panic except old investors who are in the cryptosphere fora long period that would not bother about any dip.
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Actually, it is not only newbies who panic about this dip market situation. It is like a beartrap. I personally also was panicked when the price suddenly dropped very drastically in only a few hours. And the asset portfolio has dropped more than 50%. But I still don't sell anything and still hold them.
The fear you felt when you saw the value of your portfolio decrease is precisely what whales want, you have so many doubts at that moment that you want to sell everything. If that feeling guides our actions, the whales will win and we will lose. As much as possible, we should put our emotions aside and have the mental strength to continue without listening to certain external messages.
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Actually, it is not only newbies who panic about this dip market situation. It is like a beartrap. I personally also was panicked when the price suddenly dropped very drastically in only a few hours. And the asset portfolio has dropped more than 50%. But I still don't sell anything and still hold them.
That is true. I know most people want to claim that the newbies were the ones that panicked sell. Even the old investors panicked the way the market went down quickly even though nat all sold but some other old investors sold too. Recently if you look at some of the crypto Youtubers, some have even confirmed selling part of their assets too during these continual dips.
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Actually, it is not only newbies who panic about this dip market situation. It is like a beartrap. I personally also was panicked when the price suddenly dropped very drastically in only a few hours. And the asset portfolio has dropped more than 50%. But I still don't sell anything and still hold them.
Panic is inherent not only to beginners, but also to those who use margin trading. Over the past 2 weeks, positions worth $ 14 billion were liquidated. In addition to liquidated positions, many traders closed their orders at a loss.
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During the Dip, many people panicked, and it didn't just happen to beginners. Those who have a lot of crypto assets in Trading will surely panic too. Moreover, the Dip is too deep so that the decline in the value of crypto assets is high. Only some people are calm in facing a situation like this.
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Investing in cryptocurrencies is available to anyone, even with the most modest level of income. Many people buy tokens in the deceptive hope of immediately becoming millionaires. There are very few professional investors among them who are ready to wait long and even suffer losses. And an inexperienced person perceives any, even trivial, violation of his "clear" plan for magical enrichment as a complete collapse.
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Investing in cryptocurrencies is available to anyone, even with the most modest level of income. Many people buy tokens in the deceptive hope of immediately becoming millionaires. There are very few professional investors among them who are ready to wait long and even suffer losses. And an inexperienced person perceives any, even trivial, violation of his "clear" plan for magical enrichment as a complete collapse.
That anyone can invest in cryptocurrencies, as you say, is also part of the problem. In fact, many people have bought Doge, for example, without doing any kind of study and without reading anything at all, I have said Doge as an example, but I could say many more examples. Many people buy any coin/token because someone tells them, or because others do, after that, as a general rule, comes panic and losses. If any type of investment is made without prior planning we will lose.
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At this time, not only newbies are panicking even the none newbies who have gain some years of experience in the crypto space are still panicking whenever the market dips, panic sellers are not only associated to newbies and non newbies are also aware and should be careful
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The ongoing big dip in the cryptocurrency market is going to be a part of cryptocurrency's history but I am sure this is not the biggest one and would probably just an ordinary one if taken from a long-term perspective. While old timers are just relaxing and just waiting for the market rebound, those who are new are the ones making some panic and that means that these people entered cryptocurrency with wrong expectations and without first learning the market they are getting into.
I am always surprised to hear people get shocked of the kind of volatility that crypto is offering to all and it is because this is not shocking at all. Just a mere review of cryptocurrency history will tell us that one of the biggest landmark of crypto is its ability to go down and up at a dramatic rate.
If course, during dip. Newbies are panicking.
I think we should keep calm, because I see the market starting in to grow again, and several investors said We will see the bullish at the middle this year.
I hope It will happen soon.
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I think that it is not the only newbie but most of us are panicking, moreover with the day when the price goes down to earth, it seems that there is no hope any , more to crypto/ But inf act, there are also make the other coins new listing to be fans and also like dby everyone
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It is not surprising if many newbies are in a panic because of the current dump. Only people already spent much time in the crypto market can feel calm in this situation. But I think, not all, some of the experienced people also can be in a panic as well. The current dump is very scarry, the price of Bitcoin seems very difficult to pass $40k again. Many people think it is the beginning of bearish, so some people do Cut Lose method already.
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The ongoing big dip in the cryptocurrency market is going to be a part of cryptocurrency's history but I am sure this is not the biggest one and would probably just an ordinary one if taken from a long-term perspective. While old timers are just relaxing and just waiting for the market rebound, those who are new are the ones making some panic and that means that these people entered cryptocurrency with wrong expectations and without first learning the market they are getting into.
I am always surprised to hear people get shocked of the kind of volatility that crypto is offering to all and it is because this is not shocking at all. Just a mere review of cryptocurrency history will tell us that one of the biggest landmark of crypto is its ability to go down and up at a dramatic rate.
Yes, I see.
Not only newbies, I also see almost all of investors is panicking.
But they still hold their coins and wait.
Because dump and pump always happen at crypto currency market, no matter about it.
We must be calm and learn the market progress as long as dip.
But I still believe the market will recover again.
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The cryptocurrency market is changing every moment. I think the cryptocurrency market is going to be a lot better. Currently, the cryptocurrency market has the potential to improve a lot. Every cryptocurrency running in the market has improved a lot. So if we look at the cryptocurrency market from different perspectives, there is a possibility that the market conditions will change a lot. The global cryptocurrency market is expected to improve a lot.
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This is natural because beginners do not have much experience. Let alone beginners , even seniors will panic if there is a dipp enough dip like what happened some time ago.
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The ongoing big dip in the cryptocurrency market is going to be a part of cryptocurrency's history but I am sure this is not the biggest one and would probably just an ordinary one if taken from a long-term perspective. While old timers are just relaxing and just waiting for the market rebound, those who are new are the ones making some panic and that means that these people entered cryptocurrency with wrong expectations and without first learning the market they are getting into.
I am always surprised to hear people get shocked of the kind of volatility that crypto is offering to all and it is because this is not shocking at all. Just a mere review of cryptocurrency history will tell us that one of the biggest landmark of crypto is its ability to go down and up at a dramatic rate.
I totally support your opinion that market will have ups and downs. So present down turn of the market is a general matters and we hope it will come back soon. But many newbes are scares because they have lack of experience about the market. Many investors have invested for the profit but they are now in loss. That's why they are afraid about their fund. But I say, don't be afraid. Please hold and wait. You will see a green time soon.
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Cases are different and even people who have been engaged in cryptocurrency for a long time can make mistakes, I myself sometimes panic and sometimes do stupid things, then of course I regret it, because of this, the human factor can play at any time and you can do a lot of stupid things on emotions.
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Have been into cryptocurrency for the past few year's now and have been seeing the way things are working bitcoin pumping and dumping is not something new that I will be scared of I believe is just something normal which is suppose to happen is not possible for a coin to be pumping without dump so I don't expect people to be scared just hold any coin you are having in wallet and if you are having extral fund you can still buy more dip.
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This is actually a common condition happening to newbies, most of them. It may not only happen to newbies but also many people in the crypto world although they are not newbies. The panic situation is because the price drops very drastically and so much FUD spreading around the crypto. So, just be patient and never follow the panic situation, both panic sell or buy
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This is actually a common condition happening to newbies, most of them. It may not only happen to newbies but also many people in the crypto world although they are not newbies. The panic situation is because the price drops very drastically and so much FUD spreading around the crypto. So, just be patient and never follow the panic situation, both panic sell or buy
Discounts should always be taken advantage of, I do not think there will be a panic to buy, medium or long term investors know very well what they are doing, and I think that buying at current prices will not be possible in a few months, so personally I prefer to take advantage of the moment and buy coins/tokens that until recently were out of my reach.
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The panic situation is because the crypto currencys price drops.I think currency fluctuations are the nature of the crypto currency.So, just be patient and never follow the panic situation, both panic sell or buy.
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Most beginners in crypto think that by investing in crypto, they can get rich quick. with capital without knowledge they dare to invest with the funds needed for daily needs. and when they find out the price is red they panic to sell it and make a loss.
hey man, its not that easy to get rich, many old crypto players but not successful and rich, and you guys just joined want to be rich?
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We can't blame these people, especially that we have many bearish histories in the market before. Many people have lost big during the bearish in which the more they hold their investments are, the more they lost big, and newbies are also learned from them. The market is unpredictable, and a lot of them are just playing safe to their assets.
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In the 12 years since its creation, Bitcoin has become the stock of the emerging cryptocurrency asset class—not merely the safest investment in the space, but the one most likely to be around in the long term. Panic is a bad advisor.
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The ongoing big dip in the cryptocurrency market is going to be a part of cryptocurrency's history but I am sure this is not the biggest one and would probably just an ordinary one if taken from a long-term perspective. While old timers are just relaxing and just waiting for the market rebound, those who are new are the ones making some panic and that means that these people entered cryptocurrency with wrong expectations and without first learning the market they are getting into.
I am always surprised to hear people get shocked of the kind of volatility that crypto is offering to all and it is because this is not shocking at all. Just a mere review of cryptocurrency history will tell us that one of the biggest landmark of crypto is its ability to go down and up at a dramatic rate.
Thats normal thing for the noobs, that's why in every bullish trend we can also expect the FUD after that a dump, especially now that the market is not that stabilized more noobs are selling their holding and the whales are also buying and buying.
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I really appreciate to your topic discussion because i have already seen that most of the newbies will be panicking because they think that it the price of their holding coin may goes down more what will happen then. But they do not think that after down the market will go up next its the nature of the crypto market. One the other hand sometimes they do not choose right coin so they panic when price goes down.
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Newbies as well as old timers are panic selling, what makes you think only Newbies are the ones who panic to sell all the time, look at Elon Musk, he is not a newbie but he behaves worse than a newbie, if you look at the way market is dumping, Newbies has no such power to dump the market, this is the work of old timers, the whales.
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Newbies as well as old timers are panic selling, what makes you think only Newbies are the ones who panic to sell all the time, look at Elon Musk, he is not a newbie but he behaves worse than a newbie, if you look at the way market is dumping, Newbies has no such power to dump the market, this is the work of old timers, the whales.
Elon Musk has proven to be a loudmouth who takes the rest of the world for idiots. No one with two neurons can believe Tesla's statements that they did not know that Bitcoin consumed "so much" electricity. What they have done has been to manipulate the market for their own benefit, the problem is that there are people who have not realized it yet.
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The ongoing big dip in the cryptocurrency market is going to be a part of cryptocurrency's history but I am sure this is not the biggest one and would probably just an ordinary one if taken from a long-term perspective. While old timers are just relaxing and just waiting for the market rebound, those who are new are the ones making some panic and that means that these people entered cryptocurrency with wrong expectations and without first learning the market they are getting into.
I am always surprised to hear people get shocked of the kind of volatility that crypto is offering to all and it is because this is not shocking at all. Just a mere review of cryptocurrency history will tell us that one of the biggest landmark of crypto is its ability to go down and up at a dramatic rate.
You are absolutely right. Most of the newbies in the big dips running in the cryptocurrency market have panicked and sold their cryptocurrencies at very low prices; While market correction in crypto is a normal process, in the long run it will become normal. Big investors are waiting for a big dump in the market to enter the market.
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During the dip many people panic especially when you see your Cryptocurrency asset going down on daily basis that alone will actually push you to sell off some of the coins to avoid Total lost of your assets, that always happens to newbie in the system due to high level of fear and doubt.
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The ongoing big dip in the cryptocurrency market is going to be a part of cryptocurrency's history but I am sure this is not the biggest one and would probably just an ordinary one if taken from a long-term perspective. While old timers are just relaxing and just waiting for the market rebound, those who are new are the ones making some panic and that means that these people entered cryptocurrency with wrong expectations and without first learning the market they are getting into.
I am always surprised to hear people get shocked of the kind of volatility that crypto is offering to all and it is because this is not shocking at all. Just a mere review of cryptocurrency history will tell us that one of the biggest landmark of crypto is its ability to go down and up at a dramatic rate.
Every one wss panicked when dig, because it's really big dumped.
I think the market already recover again now.
I hope the market will be back green and we can enjoy our investment.
I personally still believe market will have good progress at the next several months.
And today, that's just correction.
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Don't be panic, I still hold my coin and believe market will recover again.
As many people said, crypto currency is fluctuative.
So don't worry about dip.
I have invested in crypto more 3 years, I think fluctuative is nature of crypto currency.
I see market is starting to rise again, maybe we will see bitcoin at 50K USD again, beginning June.
I am still holding my coins but if i urgent need money, then i only sell the coins that i am in profits or less losses but i know holding and repurchasing is a good idea to recover very fast. Panic sellers dump the market. We have to be SMART in every field even in capital management fields.
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Investors can do whatever they want, if the current price is going up, then selling the coin may be profitable when we buy at a low price, that's trading.
But HODL is very profitable because we still have the coin even if the price goes up or down, some Holders have a selling price target which I think is good for long term profits,
everyone has different goals and have different financial needs, so I think beginners can learn from this situation by learning some important things about the market situation before becoming an investor, I kept some top coins and buying at low prices was a good choice.
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The fall is an integral part of the market. And newcomers usually enter the market at the moments of the greatest growth and the influx of news about the rise in price and always expect an immediate, several-fold increase in their assets. Lacking basic knowledge, they lose most of their portfolio.
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The fall is an integral part of the market. And newcomers usually enter the market at the moments of the greatest growth and the influx of news about the rise in price and always expect an immediate, several-fold increase in their assets. Lacking basic knowledge, they lose most of their portfolio.
Yes, research was recently conducted after the last general drop in the cryptocurrency market in mid-May, and it was indeed confirmed that bitcoins and other cryptocurrencies were withdrawn to exchanges for sale from wallets that were recently created.
Old cryptocurrency holders practically do not panic when they see another sharp drop in prices in this market. They know that this market develops cyclically and after a fall, after a while, there will certainly be an increase. The main thing is to learn to anticipate such market movements and make the right decisions on buying or selling in time. Then, with any price movement of the market, you can make a profit.
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We Newbies are new to the system, indeed during Dip, Newbie will be panicking because once you are new in any environment, things will be definitely looks strange and if there is an unbalance defiantly there will be fear for not loosing all what we invested but when someone has been in the game for a while there will be an understanding of how the market is moving.
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Although, with a significant drop in prices in the cryptocurrency market, it is mostly beginners who panic, but people with experience in this market do not feel very comfortable in such a situation. Yes, after each significant price drop, after a certain time, the market recovers, develops and grows in price terms. But if this wound were several hundred years old, then we would be calm. But he is just over ten years old. We can hardly be sure that the experience in price movements that we have observed can be permanent. So far, very little time has passed. And the states have not yet formed a final opinion about the cryptocurrency, and they can make significant adjustments to the state of this market.
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The ongoing big dip in the cryptocurrency market is going to be a part of cryptocurrency's history but I am sure this is not the biggest one and would probably just an ordinary one if taken from a long-term perspective. While old timers are just relaxing and just waiting for the market rebound, those who are new are the ones making some panic and that means that these people entered cryptocurrency with wrong expectations and without first learning the market they are getting into.
I am always surprised to hear people get shocked of the kind of volatility that crypto is offering to all and it is because this is not shocking at all. Just a mere review of cryptocurrency history will tell us that one of the biggest landmark of crypto is its ability to go down and up at a dramatic rate.
I think need the time to manage emotions, such as panic etc.
We should keep calm when market dips. That's normal at bearish season we will see almost all of crypto currencies will struggle and go the dip suddenly.
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Each moment of the crypto market presents opportunities for one person and risks for another, depending entirely on their decisions and actions. The bottom market is a good time to buy, the top market is a good time to sell, unfortunately most of the traders in the market don't realize and do it properly.
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Yes, it is true. These newbies take decisions very fast without seeing the past history of crypto Market. They just think now crypto will end. They don't buy in dip in fear. And when market gets up. They buy at the top in FOMO, then again they stuck
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There is only a reason for newbie, they know less and they own less funds. They always make a mistake , such as they put their whole funds on investment rather than doing DCA. If you look to them if they have 100 USD, they invest 95 USD , but they do not think that if market goes down how they will make a dca, strange . This is what I do too but I realized we should not buy anything at once but buy part by part.
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For that beginners should know what coin they are buying, because there is no guarantee that every coin can go up x1k like memecoin in a short time, Bitcoin and Ethereum take a long time to get to this point, even when the market situation collapses, holders will do the same the same thing, namely not selling when they are losing
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Dip forces even the good traders or holders to panic and not just the newbies. If the dip is long it affects mostly most of the crypto traders and most of them have liabilities so they sell in the panic if you do not have liabilities or you have the capacity to hold then you are good and can make money from this crypto market. Yes, when high expectations are not met we see panic selling.
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Even more common in crypto markets than stock markets for people to buy due to FOMO rather than make considered purchases with risk capital. If you could afford to lose the money then you wouldn't be stressed if price went against you which it always will do at some point if you're in the market long enough.
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The ongoing big dip in the cryptocurrency market is going to be a part of cryptocurrency's history but I am sure this is not the biggest one and would probably just be an ordinary one if taken from a long-term perspective. While old timers are just relaxing and just waiting for the market to rebound, those who are new are the ones making some panic and that means that these people entered cryptocurrency with wrong expectations and without first learning the market they are getting into.
I am always surprised to hear people get shocked of the kind of volatility that crypto is offering to all and it is because this is not shocking at all. Just a mere review of cryptocurrency history will tell us that one of the biggest landmarks of crypto is its ability to go down and up at a dramatic rate.
It happened to everyone as a newcomer in the cryptocurrency community. As you hold in the industry, you learn along. You can't know everything at once. Panicking during the long deep can make you lose heavily. You have understood how it works before venture.
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I agree with when crypto dumps then these new traders start to panic and start to take wrong decisions in a hurry which results in them losing money instead of earning money from the market, these new traders also tend to any crypto at its peak price thinking that this coin will again show an upward momentum, but in reality, opposite happens and lose money again, making them broke.
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The panic situation is very common happening moreover for newbies. This really proves that most newbies are actually not ready with crypto investment. they are only ready with the profits, but not for the risks.
that is why, if you are going to enter the crypto market, ensure that you have learned much about crypto investment, the market is now in the bearish era, so the price keeps falling down. Just be patienet
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It is not surprising if newbies panic because it may be their first time to see a huge decrease in their asset values. As newbies, they still have lack of experience, they may not understand about the current situation. While for experienced people, they don't panic since they know that the bearish season will be over soon.
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Until now, there are still many newbies who panic in such a situation, and anyone can get worried because they still lack knowledge and I understand that. But if a beginner has an idea in the crypto industry, it will always be a good opportunity for him to earn in the future. Even those who have been here before in the crypto industry, at least others feel panicked, meaning that such events are really common in the world of cryptocurrency.
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There should be no need to panic and fear investing in crypto because if you look at history, investing in crypto gives a very good profit if used for the long term. I always buy when the price dips and keep it
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Yes newbies do panic in crypto cuz they dont know what they are doing. So when the dip comes they start panic selling by which they lose most of their funds.
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This is normal because they may be very panci because of dropped price and lose much money. Most newbies will really expect that they will earn so much money from trading or investing in cryptocurrency. But most of them bought the crypto when in the Bullrun and now the season is a bearish era. That is why their assets are falling down and dropped very much This drives them to panic and sad.
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price dip is the best opportunity to buy and get cheap price. no need to panic and keep good money management while buying and investing in crypto. only advice and no compulsion to buy
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I know I shouldn't be panicking during dips, but some dips are hell of huge ones and can sink a pocket, even for whales. For example, your bag tanks from 5000 dollars to 1000 dollars in 24 hours. That surely is something to panic about especially if you are a small fry retail investor like me. I don't have deep pockets, unfortunately
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I know I shouldn't be panicking during dips, but some dips are hell of huge ones and can sink a pocket, even for whales. For example, your bag tanks from 5000 dollars to 1000 dollars in 24 hours. That surely is something to panic about especially if you are a small fry retail investor like me. I don't have deep pockets, unfortunately
My advice for the future is it would be better if you want to save assets, try to buy 30% of the assets you have and try to buy gradually. If there is a heavy decline, try not to panic, because you still have 70% of the assets to provide if something happens. try to use it again gradually. of course you also have to look at the situation and market conditions at that time.
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price dip is the best opportunity to buy and get cheap price. no need to panic and keep good money management while buying and investing in crypto.
Of course, buying at the dip is the best way to gain bigger profits. Experienced investors or traders must know it very well, they won't panic and feel happy because they can buy at a very cheap rate. However, newbies has a lack of knowledge, they sometimes feel afraid and worried about the future of crypto market. In this situation, they are very easy to be influenced by FUDs. So, it makes sense if they panic.
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I entirely agree with you most of the newbies who sell are in a panic during the dip because of a lack of knowledge or experience of the crypto market. It takes time to understand the volatility of the market and learning patience is also important. For the newbies, it's always shocking to see the retracement of 70% but we should understand this market most of the time behaves like this so it's always better to prepare for the long dip.
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The ongoing big dip in the cryptocurrency market is going to be a part of cryptocurrency's history but I am sure this is not the biggest one and would probably just an ordinary one if taken from a long-term perspective. While old timers are just relaxing and just waiting for the market rebound, those who are new are the ones making some panic and that means that these people entered cryptocurrency with wrong expectations and without first learning the market they are getting into.
I am always surprised to hear people get shocked of the kind of volatility that crypto is offering to all and it is because this is not shocking at all. Just a mere review of cryptocurrency history will tell us that one of the biggest landmark of crypto is its ability to go down and up at a dramatic rate.
be panicking during dip, that's human mate.
But if we are senior and invest in crypto more than five years we will calm and buy more.
Yeah buy more for hold. I think It's good way to do.
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Most newbies jump into cryptocurrency because of mainstream media reporting the high profits you could gain form cryptocurrency can be made without seeing that this is something with high risk. Seriously people need to do deep research before buying coins. The psychology effect also greatly influences the newbie's mentality in making decisions.
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It’s manipulated to make people sell off! I always try to buy more when they post doom and gloom. Just hold. I’m always happy I do! I blame the sell off on the paranoid right. If they understood how investment works, they’d be buying and not blaming boogeymen
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It’s manipulated to make people sell off! I always try to buy more when they post doom and gloom. Just hold. I’m always happy I do! I blame the sell off on the paranoid right. If they understood how investment works, they’d be buying and not blaming boogeymen
Yeah, we will see panic selling when dip.
But I think experience and knowledge need the time.
If we invest and trade in crypto fro along years, we will have good experience and don't panic.
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Beginners who want to invest in crypto should look at the history of how the ups and downs occur every year. When they understand and learn about it, I'm sure they will be calmer and more confident to invest in crypto
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Beginners who want to invest in crypto should look at the history of how the ups and downs occur every year. When they understand and learn about it, I'm sure they will be calmer and more confident to invest in crypto
I don't think it is really necessary to look at the history of the up and down of crypto prices every day. We all know that crypto prices always fluctuate, there is no way that crypto prices are very stable, even stable coins sometimes have changes in their prices. What the beginners should learn is how the dump and pump scheme or how they happen. Beginners can take advantage of the market changes if they know well how the dump and pump to happen.
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Pump or dump, we can gain profit from this situation.
When dump, buy and hold until pump.
We shouldn't panic, I agree with this comment.
Because the price will bounce back
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I agree that many beginners panic when the market declines without studying the market first before starting
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If you want to invest, of course, the BNB that you currently have is maintained until later it can get big profits in the future, currently there are indeed many altcoins that are experiencing a decline so there is very much that we can rely on to invest, besides BNB, ethereum is also very good for us to hold, and you can also see other coins that do have high potential and are ranked 100 coinmarketcap.
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The newbies panick as crypto market is highly volatile. So seeing the price down drastically makes them this panick. But they do not know that the same thing happens if market goes up. If it goes up then it really goes up. So do not panick and understand the things.
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The newbies panick as crypto market is highly volatile. So seeing the price down drastically makes them this panick. But they do not know that the same thing happens if market goes up. If it goes up then it really goes up. So do not panick and understand the things.
yes it could be one of the reason, the other thing is experience which matters a lot in this. So, with the time newbies will understand the psychology.
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Not only beginners are panicking, the biggest panic in the market is among those who have been in it for a long time and who think that they know everything and have seen it , but at the same time it is moving against them
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Not only beginners are panicking, the biggest panic in the market is among those who have been in it for a long time and who think that they know everything and have seen it , but at the same time it is moving against them
Yeah, as trader or investors we should manage our emotional while dip.
Panic is normal, but we all know current market is bearish.
I think keep calm and wait.
Market will recover again
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If we're spend more time in crypto and has invested in crypto more five years, I think We will never panic.
Because thats phenomena is normal.
Crypto will bearish before bullish when bitcoin halving
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If we're spend more time in crypto and has invested in crypto more five years, I think We will never panic.
Because thats phenomena is normal.
Crypto will bearish before bullish when bitcoin halving
Then we just need to forget for a few years that we have a cryptocurrency and remember in 5 years)