Quote from: Nfp on January 19, 2018, 07:52:32 AM

Quote from: 125redblack on January 16, 2018, 08:28:06 AM

Everyday, more and more fud are being spread all throughout the internet because of the recent happenings on bitcoin. Which causes the prices to decrease even more. Even when they do not have enough knowledge about bitcoin peole believe them because they are famous. I think this will be bad for bitcoin. Specially for newbies that only bought bitcoins for greed and don't understand how it works. They will surely panic sell and also spread fud about bitcoin because they lost capital because of their stupidity. This really is a but scary. But i sure won't be selling my bitcoins no matter what.

This people who are scared and do panic selling their bitcoins is just a bunch of fools, just like those people who spreads this fud about bitcoin. They maybe losing much money because of their lacking of knowledge about crypto currency especially in bitcoin. But if they should read first and gained more knowledge about bitcoin before they invest in to it, they maybe profiting a lot of money instead of losing it.

That is the importance of learning the basics of cryptocurrency. For those who just follow the trend because bitcoin is booming, without having a solid foundation, surely they will quickly panic and make it all the more chaotic.
Even they often ask, what's wrong? why bitcoin prices go down? Though it is a natural thing.