Quote from: lixer on Today at 07:26:24 AM

Quote from: KevinRosa on July 08, 2021, 06:56:43 AM

As Bitcoin is gradually becoming known to the public, this financial and economic feast brought by technology geeks.
Bitcoin is like honey, attracting countless butterflies (altcoins, air coins), countless new projects appearing, ICO.IDO.
It feels more like a comet hitting the earth, leaving big pits. It seems that there are countless treasures waiting to be mined.
The greed of human nature, the inducement of big brothers, the participation of whales, all kinds of good news are flying all over the sky, but the result is just a place of chicken feathers.
Perhaps the sharp drop of Bitcoin and endless washings can calm more people down.
How do you think about this issue?

For sure a lot of people are going to calm down at this time that the market is down, they will take a break. When the market was rushing up a lot of people were rushing into it and the greed was too much.

A lot of them were not even taking calculated moves, they just had their mind on how they will make once they invest, there was a heavy FOMO. Well the market is in a bearish mode right now, so they are all going to calm down and will stop the rush. And as for the altcoins, well… there are some of them that are good, but as usual, in a space like this there is always going to be the bad eggs. It’s up to you to avoid them.

Indeed. I think there are far many people who are doing this, jumping into the waves once they see the market is rushing. And it can be deemed that people are calmer now, with the drop happening to the market. Whereas it is also sure that many are also attracted right now to invest with the price dip, with the opportunity in mind that profits will be gained in time. And maybe this practice is just what people will let to linger on for years. Although there are many good coins, shit coins also exists, nonetheless being wise is crucial here.