Post
Topic
Board Bitcoin Discussion
Re: Love the bad news
by
LogitechMouse
on 15/04/2021, 15:30:47 UTC
If the news will announced that major exchanges was hack or other big news and we see big drop in price for %50 this is awesome.
People tend to quit then instead of invest. Love the downs love the bear market this the best thing you could have.
History repeats itself and the price wil lgo parabolic again
In short, if you see a bad news in the internet then that is the best time for us to accumulate Bitcoins and other altcoins.
I agree with what you said though that people are quitting in investing whenever they occur losses in their initial capital which is not a good attitude of an investor. As an investor especially in crypto where it is volatile, you must be ready with the movements of Bitcoin and other altcoins.

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”
― Warren Buffett
One of the most popular quotes in investing but unfortunately, not all of the investors are doing this thing. Most of them are panic selling when they see the market is down and FOMO'ing when the market is up Cheesy. Newbie investors are the ones who are doing this kind of thing that is why they are ending up losing their money.