Bitcoin price dropped a lot today, but pumped up a bit again. Currently the market is very volatile, so many may panic and decide to sell Bitcoin. Maybe many panicked and sold bitcoins. Now those who will decide to sell bitcoins after getting disappointed in this decline, are not really real investors. Those who are real investors will never panic at this decline, instead they will see this decline as an opportunity to buy dips. I am not disappointed with this decline, I will continue to try to buy more.
I believe those who sold there bitcoin in panic are mostly newbies and now they finding it difficult to buy back, because they really lack understand that bitcoin is a volatile asset, that it price can fluctuate rapidly and unpredictably. Most newbies this days don't want to take their time to understand how things work in the industry, bitcoin dumps to restructure again and many newbies fail to understand this.
I don't know why you are tagging only newbies, that they sold out there Bitcoin because they do not understand how Bitcoin works, but I'm putting it to you that this Bitcoin investments is all about be patient, and it is by choice to choose to be patient because i know that when it comes to money there are many investors that are not newbies that doesn't have self discipline when it comes to money, there are common things every newbies knows even before investing on Bitcoin, one of it is the fluctuate reppidy and also building up there Bitcoin gradually, so Wat I'm trying to let you know is that, selling off your Bitcoin is by choice not only for newbies only.
I think POPOLUV is misunderstanding joy-maker, In my reading of joy- maker, he was only insinuating that the majority of those that sold their bitcon out of panic are mostly the newbie investors as a result of lack of experience as when compared to those that are old in the system which is true of course however, after understanding the fundamentals of the market newbies need to stay long in the market that way they can gain experience and understand better as a practicality of what they understood from the theories about the market
which will enable them to make a more informed decision rather than selling too soon out of panic.