Post
Topic
Board Bitcoin Discussion
Re: How to Stop New Trader from Panic Selling?
by
Pursuer
on 20/09/2017, 07:11:33 UTC
we could not

this is about the mentality and purpose of invest in Bitcoin

IF the new trader comes in the market as a short term opportunist, no matter how the mechanism be set up or the news spread out, it could not change anything

Buy and Sell is the nature of Trader

Therefore the key is attract new believer instead of trader

I agree with you, new traders are usually looking at short term wins. Seeing a drop will make them scatter.
A small FUD created by anybody makes them feared of loosing money because there is nobody to tell them the big profit ahead so they act what they listen.

they are not strong believer
leave them alone

I don't like the notion of being a "believer" because it makes bitcoin sound like a cult Cheesy
in any case I actually find panic selling a good thing. because of two things, one is that when they panic sell and price comes down, it creates a good opportunity for the rest of us to pick up some cheaper coins and make a good profit and also I like it because it cleans the market from weak hands which is usually called "shaking them out". it makes them go away or learn from their mistakes. in both cases it will be good for the market.