The crash is a good chance to buy in and shake off weak hands which causes the market to be somewhat unstable. Happy to see more green candles today and maybe tomorrow we are back at 9k usd.
Noobs don't look at the market like that. If they see red, it means that they have sell as soon as possible, and stay away from the market. If they see green, they start to gain confidence in the market and in Bitcoin itself, where they then tend to wait a bit longer, probably to gain more confidence, where they at the last point finally pull the trigger, which more often than not is near peak levels. It's the well known buy high sell low noob cycle. If you remain ignorant and don't do anything to gain more actual knowledge about Bitcoin and its market, and thus don't see where you go wrong with your decisions, it will be an endless and very costly noob cycle for you. In other words, weak hands always return.
