Quote from: Baby Dragon on December 12, 2019, 01:17:32 PM

Quote from: wxa7115 on December 11, 2019, 07:27:38 PM

Quote from: BitHodler on November 30, 2019, 01:52:24 PM

Quote from: adzino on November 30, 2019, 01:36:49 PM

If people sees those faux information and falls for it, they are to be blamed first!

Agreed. Common sense is what people here lack. If people had common sense they wouldn't fall for fud or lame ass investment schemes that are obvious scams. Greed and stupidity is what this market is known for.

Fud continues to be a thing because people fall for it. Similarly, scams continue to be a thing because people fall for it. I don't think it will change, ever. If people in stocks don't change, why would people in crypto do? They are more stupid.

Many of those that want to become traders or investors never really think about the consequences and the nature of the markets, all of them think about the money that they are going to earn not realizing that such amount of money has to come from somewhere and it comes from other traders, and if you come to the market with no knowledge about fundamental analysis or technical analysis then most likely you are going to be one of those that lose their money.

And then when they lose they complain about the manipulations of the market and how unfair it is that some traders have so much money when they should have thought about all of those factors before they became traders and not after they became losers in the market.

It is the reason why we need to have some knowledge before investing and trading because it's possible that people will take advantage of us since we don't have enough understanding regarding it. Sometimes we are the reason why we are ended up feeling remorse because we are not thinking about the possible result of our actions and actions. I have seen a lot of people who keep on complaining and blaming about how the market goes without even looking at themselves and thinking how it ends up that way.

Crypto market is just like other conventional businesses. It has some rules and regulations along with tricks and techniques. If you are bagging all those coins which are dumped by others the definitely you cannot blame market for your losses. Similarly if people are cashing out profits while you are waiting for coin to increase more in value but things go otherwise, again the fault is in you. You need to understand the time of buying and selling.