16
Cryptocurrency discussions / Re: During Dip, Mostly Newbies are Panicking
« on: August 19, 2022, 04:33:13 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 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.