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Author Topic: During Dip, Mostly Newbies are Panicking  (Read 4708 times)

Offline Anonylz

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Re: During Dip, Mostly Newbies are Panicking
« Reply #15 on: May 30, 2021, 12:22:54 PM »
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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Re: During Dip, Mostly Newbies are Panicking
« Reply #15 on: May 30, 2021, 12:22:54 PM »

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Re: During Dip, Mostly Newbies are Panicking
« Reply #16 on: May 30, 2021, 04:25:10 PM »
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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Re: During Dip, Mostly Newbies are Panicking
« Reply #17 on: May 30, 2021, 05:48:40 PM »
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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Re: During Dip, Mostly Newbies are Panicking
« Reply #18 on: May 30, 2021, 08:51:38 PM »
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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Re: During Dip, Mostly Newbies are Panicking
« Reply #19 on: May 31, 2021, 10:54:51 AM »
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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Re: During Dip, Mostly Newbies are Panicking
« Reply #20 on: May 31, 2021, 10:31:34 PM »
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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Re: During Dip, Mostly Newbies are Panicking
« Reply #21 on: May 31, 2021, 11:25:20 PM »
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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Re: During Dip, Mostly Newbies are Panicking
« Reply #21 on: May 31, 2021, 11:25:20 PM »


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Re: During Dip, Mostly Newbies are Panicking
« Reply #22 on: May 31, 2021, 11:52:24 PM »
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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Re: During Dip, Mostly Newbies are Panicking
« Reply #23 on: May 31, 2021, 11:59:09 PM »
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.
« Last Edit: June 01, 2021, 12:02:32 AM by gotbounty »
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Re: During Dip, Mostly Newbies are Panicking
« Reply #24 on: May 31, 2021, 11:59:37 PM »
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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Re: During Dip, Mostly Newbies are Panicking
« Reply #25 on: June 04, 2021, 11:05:30 AM »
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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Re: During Dip, Mostly Newbies are Panicking
« Reply #26 on: June 04, 2021, 02:44:17 PM »
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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Re: During Dip, Mostly Newbies are Panicking
« Reply #27 on: June 04, 2021, 03:40:04 PM »
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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Re: During Dip, Mostly Newbies are Panicking
« Reply #28 on: June 04, 2021, 04:01:13 PM »
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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Re: During Dip, Mostly Newbies are Panicking
« Reply #29 on: June 04, 2021, 10:14:01 PM »
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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