The problem we are having right now is that a lot of newbies came into the market this year during the bull. They all wanted to get in on the action with no one wanting to miss out but the thing is they all got thing without a proper understanding of the crypto market. They are the people that are panicking right now because they are watching the values of their coins plummet thinking that the prices will never recover
Exactly my point!!
Newbies have had a lot of expectations set from the crypto market and market has failed to satisfy all what they needed from the market. Especially at this point of time when it is expected of the market to be a bit favorable after a long correction period, market has not been able to comply with the standards set by the newbie community. That is the reason a huge FUD has been created and nobody is able to come out of all of this. Lets just hope for superlative market conditions in the future is what most of us have to say as of now. But not everything can be controlled easily and so is the case with the crypto market. It behaves in its own kind and is full of uncertainities.