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Author Topic: During Dip, Mostly Newbies are Panicking  (Read 4761 times)

Offline alltalk

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Re: During Dip, Mostly Newbies are Panicking
« Reply #60 on: August 19, 2022, 11:48:14 PM »
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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Re: During Dip, Mostly Newbies are Panicking
« Reply #60 on: August 19, 2022, 11:48:14 PM »

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Re: During Dip, Mostly Newbies are Panicking
« Reply #61 on: August 20, 2022, 09:36:29 AM »
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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Re: During Dip, Mostly Newbies are Panicking
« Reply #62 on: August 20, 2022, 09:05:30 PM »
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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Offline Severus Snaoe

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Re: During Dip, Mostly Newbies are Panicking
« Reply #63 on: August 20, 2022, 09:57:42 PM »
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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Re: During Dip, Mostly Newbies are Panicking
« Reply #64 on: August 20, 2022, 11:59:55 PM »
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.

Offline owmivmen

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Re: During Dip, Mostly Newbies are Panicking
« Reply #65 on: August 21, 2022, 05:38:30 AM »
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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Re: During Dip, Mostly Newbies are Panicking
« Reply #66 on: August 21, 2022, 12:48:25 PM »
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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Re: During Dip, Mostly Newbies are Panicking
« Reply #66 on: August 21, 2022, 12:48:25 PM »


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Re: During Dip, Mostly Newbies are Panicking
« Reply #67 on: August 22, 2022, 03:39:58 PM »
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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Re: During Dip, Mostly Newbies are Panicking
« Reply #68 on: August 26, 2022, 02:19:49 PM »
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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Offline gurunanakji777

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Re: During Dip, Mostly Newbies are Panicking
« Reply #69 on: August 26, 2022, 03:47:24 PM »
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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Re: During Dip, Mostly Newbies are Panicking
« Reply #70 on: August 26, 2022, 04:46:01 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.

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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Re: During Dip, Mostly Newbies are Panicking
« Reply #71 on: August 26, 2022, 05:14:23 PM »
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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Re: During Dip, Mostly Newbies are Panicking
« Reply #72 on: August 26, 2022, 06:06:09 PM »
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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Offline Hisbullah

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Re: During Dip, Mostly Newbies are Panicking
« Reply #73 on: August 26, 2022, 06:56:06 PM »
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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Offline carcas

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Re: During Dip, Mostly Newbies are Panicking
« Reply #74 on: August 26, 2022, 08:43:57 PM »
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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