Quote from: gentlemand on March 27, 2020, 10:23:49 AM

Quote from: Debonaire217 on March 27, 2020, 03:19:22 AM

That is what we need to cure, we should help people overcome their doubt about bitcoin and help them to stick and hodl until the market price becomes decent again. In that way we could help the people develop their mental health, and to avoid losses in the market.

Lovely idea. That will never, ever, ever happen. That behaviour is as hard wired into most people as breathing. Bubbles, FOMO, regret, they happen in all markets, not just Bitcoin.

What's easy to forget is that for most people here this is the first time they've ever been involved in any type of market. It doesn't help that this particular market is flat out nuts, but the things that seem to surprise some happen in the exact same way elsewhere.

Even therapy might not even work for them. Kinda sad that it is embedded into their mindset already that kind of behavior. This kind of event aren't that quite new to me already though, as I was still trading back in 2017. It was a rough experience back in the days when bitcoin fell also the same way as this as that was my first experience to market crash like it was around 4k.