Post
Topic
Board Trading Discussion
Re: Panic of traders
by
necromastery
on 24/09/2018, 23:06:18 UTC
I believe that there is a lack of vision when it comes to the investors investing in the crypto industry, they do not rely on their research but most of them make decisions based on the sentiments of the market which is not a wise idea, in my honest opinion. That's why big whales and institutional investors take the benefit of it and try to manipulate the market in a way they want in order to make profits from it.
Mostly, panic traders loses big money because they don’t believe on their own studies, they are just following the trend without hesitation, and that is why whales continues to play like this. We should not stop from making our own analysis so we cannot panic if bad things happen again in the market, don’t listen to the fud.
It's like they didn't have plan or some kind of target. It seems that a lot of people are hesitant, so they follow what is decided by others. They sometimes seem to believe that prices will soon rise, but instead they do the opposite.