Re: Newbies panic & Old timers smile, when the Bitcoin price take a dip.
Now there are really a lot of people who are ready to succumb to panic. But it will be a big mistake.
Actually the oldies do not derive any pleasure in seeing the newbies suffering with the fall in the market prices of the coins they invest in. They are happy just because they are safe. They would rather appreciate newbies to invest further because ultimately as the demand for the coins rise, it pushes up the values in the market and ultimately add to the worth of the portfolios owned by the oldies already in the market.You would pretty much be a huge a$$hole, if you derive pleasure from other people's losses. I just
when I see these newbies running into walls, every time the price drops with $100. We have all been there, so it is not a reason to laugh at these newbies, but rather an incentive to help them to learn from our mistakes. It gives me pleasure when they do not listen and I get to buy all these cheap coins that are being sold for a bargain. Who can turn their back on a good bargain?