Hello, I saw a lot of holders today a new generations of holders. Like, Bought 6k$ to 7k$ amount or price of bitcoin. And they panic because they afraid to lose them more money on the crpyto so of course they will sell it immediately at the lower so that's why many of them always lose their money. What do you think?
This is the problem of people who has a weak foundation in terns of investing in cryptocurrency. They are the ones who mostly believe on fake news or if one in ten person says that crypto is dead. Those people are also the ones that is targetted by manipulators amd profit to them.
They are purely millennial's which mostly focusing on social medias where FUDS mostly feeds on there. Their mind isn't that strong enough to hold and easily to change. They can be easily affected of what happen around and they don't want hardworks cause they only wanting for easy life style that is why they usually don't survive in here during bear season and just dump their coins.