I keep seeing a lot of people who are fearing the price right now, many people who are getting out, and plenty that thinks it will crash even harder.
Why does everyone think the same? I mean it shouldn't be like this right? I have been long enough to hear "buy low, sell high" a million times so far, and it has always been said when the market is low, but for some reason, people still do not feel hopeful when the price is low.
I am not going to make your investments for you, it is not my decision to sell or buy for you, if you want to get out right now and feel scared then you should do that, it is your money and only you can decide that.
However, if tomorrow the price starts to go up, and if the price reaches 70k in 2022, then you should remind yourself this day when the price was under 40k, and you felt fear instead of hope. Because prices always go down before it starts to go up. I can't promise that it will right away, but I am not selling, in fact, I am buying more. Focus on what can happen, and not what has happened, that way you can have some hope for the future.
why are people afraid of heavy declines, maybe they are traumatized by the time of the increase at the end of 2017, and when in the middle of 2018 it gradually declined and continued to decline which of course they might be afraid, but as long as we know the crypto market is very difficult for us to predict , that we may think the current price is still too high for someone to buy to trade or for them to invest, and they are waiting for the price to go down as they think, but otherwise the price will go up and they will surely regret never being confident in making quick decisions to make a purchase, because they are haunted by their fear of a price drop, we must be able to think positively about the future development of crypto prices.