Whales are capturing the market by playing with the psyche of new comers/beginners in the market.
Majority of the new comer's mentality is to earn big in a short period of time, this high expectation led them to a position where they can't use brain due to fear of loss and prefer to get out of this market by selling their assets. This is what whales are looking for, they grab those coins at low price and after passage of time same coin begins to increase again.
So in short, don't ever panic sell, stay calm while you are holding coins.
Normal cylce or thing for whales to target out. Manipulating prices and make use of emotions of new investors in the market. Accumulating cheap coins in the end of the bloody market where everyone is on panic but later on prices would starts to recover and those who panic sell will once invest again and doing FOMO. Emotions is really a great factor for this kind of market.
Hello everyone, today I would like to share some of the things I have brushed through about Cryptocurrency.
I think the psychological problem is really important, if you are a newcomer to the market, making risky decisions and following crowd psychology is really not an option. insight.
When I first learned about Crypto when it was really good, the market was so good that it made me really excited and unlucky at the time. After that, not knowing enough about the news made me invest in one. As a gamble, I waited 1 month and 2 months and did not see it recover. And then I decided to leave the market because I ran out of capital. Then the market started to recover and it made me go crazy because of my destiny. I would like to recommend that you always be strategic investors, and do not be too greedy. Actually I think this is not a place to get rich or use free capital to enter the market. With me personally the market is really catastrophic and a lot of volatility. Please wait and listen to more news to get the reviews and decisions for yourself.
I believe that the market and the capitalization of cryptocurrencies are still falling because of the huge number of newcomers to this market at the end of 2017. Someone disappointed in the market in January-February, someone in March-April,someone now. They are still selling out huge stocks of cryptocurrency made at the end of 2017. I do not see any other reasonable explanation for the low bitcoin rate.
For those who just get in on the last quarter of 2017 for sure they are already get embarassed or discourage when January approaches until upto now.