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.
POPOLUV.. I can see you are making some sense in your proclamation, but your way of presentation is lacking some content. i think you should make it readable and comprehensive by making use of coma and full stop (,)(.) where necessary sothat people don't misinterprete your statement. Hope you don't find it offensive since we are here to learn, we should be able to correct ouself for each other to understand our point of view vividly.
I agree with you that selling Bitcoin is not necessarily done by newbies, anyone can sell Bitcoin due to panic just as many people are selling their Bitcoin now. This includes the newbie and those who are afraid of missing out.
So anyone can sell out of panic and not necessarily as joy maker said it's newbie. But I believe why he pointed out newbies is because majority of them sell Bitcoin too quickly because they lacks proper information about Bitcoin otherwise they wouldn't have done that.
For clarity I don't think Joy- maker said is newbies but rather he said mostly newbies which is totally a different interpretations, if we can consider a census of those who sold out of panic I believe that the unfamiliarity of market and not just lack of proper information consume more of the newbies in to selling out of panic, this is the emphasis I see that Joy- maker was actually talking about and not what you and POPOLUV interpreted.