Quote from: v3liana on August 24, 2018, 03:35:59 AM

I think too much weak hand in the market, they expecting too much in crypto and they think they will got 2-5x profit just in a few days or weeks and when the market down they seel all theirs coins. This is really bad and they put too much hope in etf. I do believe without etf bitcoin and cryptocurrency will keep developing many big investors will coming from good new compliance exchange like bakkt and bison that will coming this years. We need to stop panic with the market condition, and also this really good time to buy in this dip situation.

I concur. There are many noobs in the crypto market nowadays, which is one of the various reasons why the market is falling right now. Since noobs are inexperienced, they cannot tell the difference whenever there is FUD occurring across the mainstream media, or whales price manipulation. But, wise and experienced people who own Bitcoin will not sell no matter what since it's highly probable that it would rise in price within the upcoming years.

In some cases, newbies are only driven by pure hype and speculation, rather than considering Bitcoin as a serious investment. They're only in it for the money, and not to use the cryptocurrency to improve their daily lives. Sure, many Bitcoin holders (like me) are quite disappointed with the current downtrend in price, but it's no reason to quit it in the first place. As this may only be temporary, Bitcoin's price would surely rise back up again, along with the rest of altcoins in the cryptocurrency market, making it a profitable journey for people who get in now at cheap prices. Roll Eyes