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Author Topic: Big Problem In Crypto  (Read 443 times)

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Big Problem In Crypto
« on: July 16, 2021, 01:29:16 PM »
The biggest problem in crypto trading at the moment is the huge number of kids and welfare recipients that are trading. These are new traders with no experience of what to do when things aren’t going to plan, with the result that at the first sign of trouble their instant reaction is to sell.
This makes the crypto markets very sensitive to everything and the result is the hyper volatility we see now on an ever growing basis.
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Big Problem In Crypto
« on: July 16, 2021, 01:29:16 PM »


lepbagong

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Re: Big Problem In Crypto
« Reply #1 on: July 21, 2021, 12:41:15 PM »
I don't think that's all, experience is the same as doing bad things by believing what people who have power with large followers and are entrepreneurs say. fear that for beginners we need to understand but for those who are already in crypto still believe what people like @elonmusk say is certainly very questionable, because this is a bad precedent for crypto development
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Re: Big Problem In Crypto
« Reply #1 on: July 21, 2021, 12:41:15 PM »
:)

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Re: Big Problem In Crypto
« Reply #2 on: August 01, 2021, 06:49:40 PM »
It sucks to see my friends constantly buying tops because of FOMO and selling bottoms because of FUD, they come to the market with media information and have no financial knowledge or ability. They see other people making a profit in this market and think that they too are lucky enough to enter the crypto market as if it were a gamble.
The only way is to spread knowledge about crypto so that people understand better about the market.
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Re: Big Problem In Crypto
« Reply #3 on: August 03, 2021, 01:40:31 PM »
Well, apparently, we just have to go through this stage. There are still too few experienced people in this market. There are really too many newcomers coming to this market now, some of them do not have enough life experience. However, everyone can learn and experience will come with time. We simply have no other way. In addition, this is a decentralized market and special restrictions cannot be imposed on its participants.
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Re: Big Problem In Crypto
« Reply #4 on: August 03, 2021, 02:17:22 PM »
Your opinion is correct that on this have many new investor and also have new Crypto trader those sell their coin very low price becouse they think that now is time for selling otherwise they can loss their all fund, and for this reason they sell their all coin. But i see that have many old trader and investors sold their coin as low price,  becouse they are panic sellar and also they use their emotion on trading.         
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Re: Big Problem In Crypto
« Reply #5 on: August 03, 2021, 11:29:13 PM »
We cannot avoid the problem, there will be always kids or unprofessional people to come in crypto trading. I don't know if they can make a significant problem in crypto trading. I think what they do won't give a very significant impact. If we see big dumps in crypto market right now, it is probably caused by the manipulation made by whales or it happened naturally because of low demands.


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Re: Big Problem In Crypto
« Reply #6 on: August 04, 2021, 10:15:30 PM »
they are attracted by the idea  that there is a huge opportunity to make lot of money in cryptocurrency but they dont put in mind that in same time there is a huge chance to loss their capital easily too if they didnt manage their risks.
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Re: Big Problem In Crypto
« Reply #7 on: Today at 02:30:38 AM »
totally agree

 

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