Quote from: Stable090 on August 26, 2025, 07:48:44 PM

Quote from: HajiBagi on August 26, 2025, 05:05:38 PM

Beginners who are still panicking when the price drops did not understand how Bitcoin is before they buy it, it is good to make them understand so that they will not panic or try to rush and sell their Bitcoin, however, as a beginner, before you invest in Bitcoin, you should know what you are investing in; no one will say that he or she does not understand bitcoin before they invest in it.

Most newbies don’t always have proper knowledge about bitcoin investment before they go into it. When bitcoin price is dropping, there is no way you can stop newbies from panicking, they will definitely be scared, even if you explain to them that they should keep on holding, and bitcoin price is going to bounce back, most of them won’t listen, some of them will end up selling, but with time they will understand how things work. Similar thing happened to me when I started investing in bitcoin, but with time I got to know how things work.

You are right, what do you expect? They are new to the Bitcoin system, and they will always react impulsively.

But this is not peculiar to newbies alone, many experienced Bitcoin investors are still facing this issue, it is emotional. No matter what you preach to some people or have learned themselves, when it is about money, they can't help it but be emotional, it is in their nature. While it is minimal in some people where they can try to fight the emotion, it is biting in others, they must liquidate it, but only to regret their actions later when they see Bitcoin higher.

For those who try to fight it in my example above, they are the ones who might, for example, see Bitcoin when it was at around $75,000 and wait till it hit around $120,000, then liquidate it. Despite the experience, the latter is only better, but still does not have the spirit of a true Bitcoiner who would buy and forget.