~snip~ over 60% of cryptpholders are newbies... ~snip~
How you can state "60% holders are newbies"? Are you got the information from a certain source or you did a research? Actually I agree if there are many newbies but I am not sure to determine the number or percentage.
~snip~
because market will be flat in it's low for over 11 months... this period of flat market movements is enough to burn those 60% out...
~snip~
If they do panicking selling, then yes 60% will be burned. But since there are many suggestion to hold than to sell in decline cycle, I think newbies will consider holding as the best way. It is too early claiming if 11 months will burn those 60% out.