Quote from: traderethereum on May 28, 2022, 09:44:32 AM

Quote from: Sanitough on May 27, 2022, 08:48:40 PM

Quote from: traderethereum on May 24, 2022, 01:33:01 AM

A big panic from people Grin

That may happen to them, especially for small and medium investors who already bought bitcoin at a high price and in the market, there will be a panic sell from them.
But the big investor will be happy to buy bitcoin at that price because the price is lower and they might not see that in the next year.
But after the price reaches the lowest price, sooner or later, the price will bounce and start the rally.

Probably that's how it goes for all those newbies and those who never realize that this bear market brings a good opportunity to invest. Well, if there is a huge price fall back, then i would be spending a big amount to buy a lot of bitcoin to satisfy myself with the profits it will offer to me in the near future. I'm not going to panic as i have come to realize that if you chose to be a long-term hodler, free yourself from doubts and never be bothered by the crypto prices ups and downs. That makes me live in peace.

If they still don't invest in crypto by the time the bear market arrives, that's up to them and they shouldn't blame anyone if the price of the crypto market suddenly spikes and they miss out on taking profits.
Only people who are conscientious and concerned with market conditions will be able to make good decisions, while others only see market prices fluctuate without taking any decisions.
You've done the right thing by buying lots of bitcoins when the price is down but I remind you only to invest what you can afford.
We really shouldn't panic about whatever is happening with the market because that way, we can see if we have a chance to use the moment for us or if we still need to wait for a while.

We should all understand that even experienced traders suffer from losses, the volatility can't give any assurance.

Long term is always good for people who can move forward even it takes years before the market
change its directions, and fr sure not all can handle that, there are still people who will be shaken and
will decide to cut0loss and try to reenter but missed the quick pump. Carefully analyze before making
any decision while investing in this market.