Quote from: Masyudhi on Today at 12:10:22 PM

Quote from: apaben on Today at 11:56:09 AM

Quote from: noah tall on July 23, 2021, 08:20:41 PM

The main thing is panic. They see the market dumping they sell their assets without seeing their losses. They got panic. The other thing that you have mentioned which is People like Elon musk do shilling of their favorite coins and people but that coins without thinking. I hope now Elon Musk will not manipulate crypto market.

most of the problems new people invest are ambitious and greedy, who are jealous of seeing people playing crypto looking for big money easily, just want big profits but don't know the method to do. my advice for new people don't use big money for investment and use cold money...

That's because most don't understand how the crypto market moves.
new people in the crypto market with no learning and no experience, of course, it will be very easy to lose their money in trading and investing.
this is very difficult to explain to new people who don't open their minds to something more complicated learning. because what they think is big profits quickly.

The mistake of thinking of ordinary people who enter the crypto market is, they imagine to get a lot of money in just a short time. of course they are driven by a passion for it and for sure they do not understand the crypto market. and in the end like the topic in this thread, there are still many investors who are losing money. for example, when the market is in a bullrun, there is a lot of news about crypto, so even ordinary people become enthusiastic to enter, when he enters the market and buys at a high price, many experienced investors start taking profits, so the market goes back down and they keep holding it, until finally they panic when the decline reaches 50% for example, for fear of losing all their money, then they panic sell and sell it, as a result they lose, actually at that time it was the golden area, where traders bought back