Quote from: vy99 on August 20, 2018, 05:23:03 PM

The problem is that 99% of the people that got into crypto in the last year are Daytraders while 99% of the people that got into crypto before are the long-term type.

Also I'm no financial expert but from what I've read from most of them they look down on Daytraders and believe the real money is in long-term investing.

I agree with you. When Bitcoin reached $ 20k, many people thought: "wow! Bitcoin hit $20k, so next month it's worth $40k! I'll buy it now and get rich next month!"

People who thought that way, are now opening topics and more topics with the subject "Should I sell or hold?", "Bitcoin does not stop falling, should I sell?"

...come on!