Over confidence in crypto trading as killed mamy whales in crypto space. They believe they have all the knowledge in crypto so its hard for them to loose forgetting that crypto is sometimes is unpredictable. Excessive confidence im a project its bad in this space
Anyone who has fully studied the cryptocurrency market, he already understands that the main value of the activity is the volatility of the cryptocurrency. Professional traders have long understood that you can make good money not only on price increases, but also on falling prices. So today the market is not in the best condition, but today everyone is using the opportunity to make money using the game for a fall.
Yeah this reminds me about the way what the people who are in the crypto for not just profits but ideology think about their investments in the coins even if the market is down. We have been down for so many times and these people would never withdraw their funds despite huge market crashes and McAffe says that Bitcoin is actually going to cross a million figure in future before its next halving.