Quote from: The Scorpion on October 14, 2018, 04:54:39 PM

Weak hands. Many early contributors were lured into putting money into an ICO by social media ads without a proper understanding of the world they were entering. An 80% loss of anything to someone who hasnt seen it before is justifiably terrifying. There will always be people who are quick to sell everything to recuperate some of their perceived losses, not realizing that no loss actually occurs until they cash out, and they are creating their own self-fulfilling prophecy by selling at a lower price than what they paid for it.

"that no loss actually occurs until they cash out" is the biggest misconception that prevents people trading. Most of cryptoinvestors who think so can't sell their coins even after x2 and more growth from bottom because they wait the price of their purchase. They can't go forward and get stuck in their shitcoins.