Quote from: TelolettOm on July 22, 2022, 11:16:53 PM

Quote from: Robert518 on July 04, 2022, 07:58:20 AM

Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?

I am very sure that people who are in this recent market situation for the fist time will be worried enough, panic, and also afraid of how the market will be in the next. they may think that this si exactly the end of crypto, moreover if added with various FUD that is spreading. It will be enough to make them afraid extremely.
But, that is why before going to the crypto market, we always say one thing you must be ready not only for the profits but also for the loss as the risk of crypto. If you are willing to read and learn, you may get important knowledge and experience about how the cycle of crypto itself. In this case, I am sure that wiser people will do wiser decisions even for this current market, and even if they are new.

The sad fact is that most newbies only think about how much profit they will make from crypto. That's what ends up many newbies who make
the wrong decision, they think crypto can make people rich instantly. Therefore, many newbies who first see a bear market like now will panic
and immediately sell all the coins they have at a low price. As you explained, with less knowledge, newbies consider the bear market to be
the end of crypto. Because newbies are not prepared for a bear market, they will never predict that crypto will crash suddenly.

Whereas for people who understand how the crypto world works, the bear market is a great opportunity to collect potential coins. I think
the important thing for newbies is not to rush into crypto without any preparation. They have to learn about crypto properly first, and then they
have to be able to think critically and don't panic if something bad happens. If they do experience a loss during a bear market, take that loss as
a lesson, so they won't repeat the same mistake in the future. Then we have to remember that success in the crypto world requires a long process,
so never give up on the failures that we experience.