Quote from: virasog on Today at 02:30:30 PM

Quote from: TheUltraElite on Today at 02:25:48 PM

Quote from: Codswallop on December 12, 2022, 11:22:59 AM

Its okay because not everyone is as confident in their decision making skills as you may be. Everyone has a different goal so we need to respect that. Those who wish to hold, should continue and those who want to sell, should do as they please.

Fact is if the weak hands dont sell, the whales get nothing to buy at a discount, so as long as there are weak hands there will be whales and the speculative market will continue like usual. There is nothing about being a chicken as long as you are making a profit. I too consider people to have their own opinions and exercise them freely.

Often people are in dire need of money and they have to sell at losses, you have to blame the circumstances for that not a wronged decision. Now there are people who are selling at loss because they are sick of holding after buying at a high, these people have made a mistake in trading at the wrong price, so they learn their lesson.

Retail will never understand how the whales are cheating them and making them sell low and buy high.

As you may have noticed that in the bear market you will always find bad news about bitcoin and crypto. Most of this news are created by the Whales so that the retail investor get panic by hearing these news and sell their holdings of bitcoin. Have you ever thought that when the retailer selling who is actually accumulating and buying bitcoin? For sure it is the whales and big investors who want to buy bitcoin at cheap rates and only with they can bring the price back is to create a panic in the crypto world.

That's the disadvantage if you don't know what you're investing, surely those people who gave up easily and sold their assets low while buying at a much higher price don't really know what they're into and did not researched well. Sometimes, people are just riding the hype because they saw some people getting rich out of it but they don't know how long it took them to get at that point and then there they are, buying without getting some firsthand knowledge.