Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
red4slash
on 09/07/2024, 16:10:53 UTC
It is very ironic that the newbies with no BTC are likely to have the most worries on every Bitcoin downturn.  Ironically the people who've been around more then 1 cycle, 5 years say are considerably less worried by the minor turbulence we're in and yet the old timers are surely more involved then a newbie so have more to lose.

I don't feel this is ironic because this is a natural thing especially for beginners because there are indeed several reasons such as those who do not fully understand how bitcoin works because they are still new to bitcoin so their learning is still new so it is quite natural that this can happen. But in the end it is with that that they will gain experience because I realize that it is things like this that make us even stronger in bitcoin.
That is commonplace and we have all felt that especially when we were first in bitcoin (as beginners).

But on the other hand, sometimes beginners actually don't really care when the increase or decrease occurs because their focus is not only looking at the chart but actually buying as much as possible as long as they can because they still believe that being in bitcoin will be good enough for them even though the initial intention is still only focused on instant profit but I think that is the driving force for them to stay in bitcoin.