Quote from: South Park on June 18, 2021, 08:44:52 PM

Quote from: mrdeposit on June 15, 2021, 12:50:58 PM

Quote from: Surrapatt on June 15, 2021, 10:59:40 AM

For those who are experienced in the crypto space or crypto market, I think it will feel good to face market situations, because they are very used to it, but what usually becomes a problem is those who are still very new, so they often panic themselves when they see market conditions that are up and down.

This market has always been volatile, so anyone who wants to trade in this market has to accept it. Noob has no right to complain, price volatility did not show up yesterday, it always was.
As a matter of fact, although this feature scares those who are afraid of losing, also drags the rest to the very center of the market to win big. There are billions of people in the world who have little money and want to be millionaires, and crypto offers them that chance. Wink

The issue with all of those people with a small amount of capital that want to become rich is that they should understand that due to their low capital they should resign themselves for this process to take a very long time and yet we see the opposite, they want to earn big and they want this process to take a few weeks or months at worst and this is incredibly difficult, and for every single one of them getting the results they want there are thousands that do not, and then they complain about this market being a scam when they were the ones taking the decisions that lead them towards failure.

Hm, but aren't we all similar in that regard to some degree? Especially when you are new to crypto and you realize there is this dream and this potential, you can quickly lose focus and modesty. That's very easy in crypto actually to become greedy because once you had a 5x return in one year you really start to think that 2x per year is a weak year compared to other investments like stocks. That is problematic.