Haven't we learnt from the past? We are still doing panic selling which was witnessed as there were fuds created by some influencers about possible rejection of spot ETF and once this spread across we saw how people were on selling mode which literally brought down the value of Bitcoin to $40750. But this was a tight slap on face of those who tried bringing down Bitcoin as it survived this attempt as well and rising again.
When I as we I meant those who have panic sold their holding and it's sad people don't understand that just one event like spot ETF approval cannot define Bitcoin's future and people should stop believing in these smear campaigns because no one can predict much about crypto or Bitcoin.
Hey mate, this market is beyond our pay grade I tell you all our money put together ain't even controlling a 1% of the market movement's, the movers and shakers of the market will always manipulate it in the direction it suites them, it is we the smallest fishes in the ocean that's been troubled and affected by the FOMO and FUDS that accompanies all of the events/news as they unfold. To be on on a safer side is by investing and hodling whatever amount you can afford to lose so that when others are selling you can deal with the fear and keep holding.
What makes many sell in such circumstance in this crypto market is that amny persons are holding crypto assets above what they can ordinarily afford to lose so in the case of any threatening news they panic to sell.