Quote from: Mahanton on July 05, 2022, 10:54:09 PM

Quote from: abel1337 on July 05, 2022, 10:48:51 PM

This is true, It's a common behavior of people who just got into the market. They lose trust after seeing a massive down fall on prices and eventually sell their asset on a low price that result to a loss. Whales just keep taking advantage of the market buying all those discounted bitcoins, This is why whales are just becoming richer as time goes. I'm pretty sure that those weak hands just entered crypto because of the hype of bull market in the past few months and now they are suffering because we entered bear market. They haven't experience the bear market that's why it's very new to them. I hope those who just entered the market and sold at a loss will learn their lesson on their experience.

People could only be classified in to two.

1. One who do believes into potential of Bitcoin
2. One who do easily get affected by their emotion and making out direct conclusions.

Its not something new for a human being to have those reactions because who wont really be that get stressed on the time
that the market do make out some decline? For sure we are really experiencing those stuffs.

Quote from: Mahanton on July 05, 2022, 10:54:09 PM

Quote from: abel1337 on July 05, 2022, 10:48:51 PM

This is true, It's a common behavior of people who just got into the market. They lose trust after seeing a massive down fall on prices and eventually sell their asset on a low price that result to a loss. Whales just keep taking advantage of the market buying all those discounted bitcoins, This is why whales are just becoming richer as time goes. I'm pretty sure that those weak hands just entered crypto because of the hype of bull market in the past few months and now they are suffering because we entered bear market. They haven't experience the bear market that's why it's very new to them. I hope those who just entered the market and sold at a loss will learn their lesson on their experience.

People could only be classified in to two.

1. One who do believes into potential of Bitcoin
2. One who do easily get affected by their emotion and making out direct conclusions.

Its not something new for a human being to have those reactions because who wont really be that get stressed on the time
that the market do make out some decline? For sure we are really experiencing those stuffs.

I agree, I mean we're also affected about it but the thing is that we are much calmer than the ones who have just started their journey in bitcoin and other cryptocurrencies and just like @abel1337 said, these new ones haven't experienced bearish market since they started at the previous bull run where the bitcoin achieved new ATH. Now, they are really stressed on what's happening because they don't know what to do in times of declination. That takes us back to the basics, always keep ourselves informed and knowledgeable before starting to invest in unknown fields.