Quote from: Alone055 on Today at 06:33:02 AM

Quote from: Ale88 on April 27, 2024, 01:38:05 AM

Whoever decides to enters now is almost safe, and by that I mean that many others paved the road for these new investors: they will never know about the China is banning Bitcoin FUD, they will never know about all the Tether FUD, they will never know about the -90% dumps, they can enjoy the ride at this point. Of course I don't want to say that everything will be flawless, we still have a long way to go but I would say that the worst is behind us now.

I think a bit differently about this. I believe that it is better if the new investors know about all these things, they should know about bans, FUDs, and all other negative news and aspects of Bitcoin and this industry, and if they decide to make investments even after knowing all that, that will be a strong investment and Bitcoin needs that.

We don't want a bunch of newbie investors with no knowledge about the past or the present and are just excited after hearing from a cousin that they can earn money by investing money in Bitcoin, such investors will run right away if they hear anything negative about it or even if they see a correction because they know nothing about the market and its behaviors, and them exiting the market all at once can be a bigger problem.

It's not big deal if we are not getting many new investors, but if we get a lot of new investors and they all panic sell after a while, that will make the market go for towards negativity than it got positive when all those investors entered the market.

Maybe I used the wrong verb: instead of not knowing, I should have said "not experiencing", because keep holding while it looks like that the whole bitcoin world is going to collapse every few weeks, it's not something that everybody can manage. And people who preferred to wait until today probably did the right thong because they would have sold at loss, I'm pretty sure about that. Panic selling will still be a thing of course but it won't be as bad as it used to be simply because the news can't be as bad as they used to.