Quote from: pandanaran on Today at 02:38:21 AM

Quote from: andyou1234 on August 11, 2021, 07:00:23 PM

I totally agree with you, indeed the purpose of investing is to make a profit, but it is not as easy as turning the palm of the hand, everything requires a process, both mental and thought, by mastering technical analysis of a coin then you have a great opportunity to make a profit, I think panic will give you you lose and regret later.

Maybe there are many new traders who want quick profits so they just invest in investing so that when they see prices fall they feel like they will lose assets so they panic and sell all their assets even though they lose, but if we know from the beginning the developments in crypto of course panic will not come because we always believe that crypto developments still continue despite the price correction.

Yes this is the exact reason, the new traders think this is easy money and they expect fast profit. Some times they even get profit even in 2-3 days and that makes them think they always make quick money like this. But when the price fall they dont know what to do and start to panic and just start selling.