more and more people here understand the FUD's reaction to dropping cryptocurrencies, but we can compare that currently the panic caused by negative news does not have a big effect, even though bitcoin is currently experiencing a decline, but seems to be patterned, so this indicates that more people understand cryptocurrency behavior. actually if we hold the right coin, then there is no worry about holding it, and only a matter of time to get out of the market
While there is a great deal of people that understand what's going on and they do not let themselves fall into panic and sell their coins, there are many newbies which do not know what's happening and they let themselves be manipulated by powerful investors and the mainstream media, so they begin to think that this market is headed for failure and then they decide to sell their coins so they can recover some of the capital they invested, but as we know that is a terrible choice because these market over the long term will go upwards and not downwards.
New investors or those who are beginners will certainly experience panic, even though cryptocurrency has become a topic of discussion, crypto still has risks that will make everyone who does not know how to manage it panic and conclude the end of crypto.
The current long bear market is bound to close with the bull market coming soon. Cryptocurrency trading is actually very simple, buy below and sell above, but the problem and the big risk is the rapid fluctuations and everyone's psychology will be different. The high volatility of crypto must be realized and this will change prices very quickly, however it can happen in the cryptocurrency market.