Post
Topic
Board Economics
Re: Newbies panic & Old timers smile, when the Bitcoin price take a dip.
by
mornabo
on 19/09/2018, 09:53:23 UTC
I think the newbie seems to want to rush to get rich. And bitcoin is down making them frustrated and can't wait to wait for an increase. I think everyone must be patient waiting for the increase in bitcoin. Because surely bitcoin will increase over time.
yes many newbies want to get profit in a short time by using bitcoin, when prices go down they immediately panic and think crypto is dead, they are inexperienced so they feel panicked and worried about market conditions like now, we should be patient and confident that bitcoin will experience a rise again
many of them joined without much knowledge about bitcoin market, so that when prices weakened and lasted very long in below made them frightened and surrendered to hold, not even the newbie that panicked, most users who didn't have big trust in bitcoin would panic