Crypto fell into wrong hands in December 2017 - page 4.

republicrypto

sr. member

Activity: 1414

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Keep it Simple guys :)

Quote from: Dacosta Osei-Tutu on December 14, 2018, 06:20:00 AM

The reason why am saying it is the December 2017 investors is that, they joined just at the time bitcoin was flourishing so they have no experience in bear markets and what to do during this period and that is the reason why they do panic selling when prices are going down.

of course people who joined and buy crypto especially bitcoin at december 2017 and still hold their cryptocurrencies in 2018 will panic,, even a real investors
because their portofolio was decreasing hardly my friend,, and its humanized Wink

regards

rarkenin

hero member

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Quote from: iconoclast on December 14, 2018, 04:43:48 AM

This is one of my favourite cartoons about the foolishness of those that invested for the first time last December.

The funny thing is there won't be any cartoons about buying BTC this year even though it is actually a smart time to invest.

Very disturbing and similar situation.. People never understand the game of marketmakers who always like to fool market participants. Markets are not acting only with logic, both logic and emotions drive the trend. Imbalance is name of power which give impulse to trend. Average guys never want t understand it and they always blame others for their own mistakes.

ifightformerkel

legendary

Activity: 1386

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I don't see anything wrong with the cryptocurrency market from the fact that some people have come and invested at the peak. This has become a big problem for this kind of investors, but it has not had an impact on the market.

crispynougat

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Activity: 185

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☀️ Iskra Coin ☀️

In conditions like in December 2017, of course, they really want to get a huge profit. And everyone can still feel the price increase in the first and second quarters of 2018. But now the price is inversely proportional and everyone leaves the market. I think this is a natural thing and they will return after the price stabilizes.

Accts4u2

member

Activity: 350

Merit: 11

This is what happens when the people who are investing in something are the ones that do not know how the investments are supposed to be made, They come into the market thinking that they are going to make a lot of money in a very short time and that cryptos would make them rich overnight but that is not the case and now they are all running out

Dacosta Osei-Tutu

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Activity: 560

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The reason why am saying it is the December 2017 investors is that, they joined just at the time bitcoin was flourishing so they have no experience in bear markets and what to do during this period and that is the reason why they do panic selling when prices are going down.

No Pain No blood

member

Activity: 658

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Quote from: Dacosta Osei-Tutu on December 11, 2018, 11:56:41 PM

Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets

if that's the case, isn't it not that bad. the crypto community is very strong i doubt if only with panic sales, the market will be destroyed like this.

it seems your opinion is not right, this is not a new investor, but all the investors that exist today.

shadowdio

sr. member

Activity: 1876

Merit: 289

Zawardo

well they only think that they will rich in instant by investing bitcoin or any cryptocurrencies, but when the prices go down slightly they will panic, they don't think it will go up again. There is nothing we can do with these weak hands let them sell so we can buy cheaper.

babarian

full member

Activity: 658

Merit: 100

Quote from: iconoclast on December 14, 2018, 04:43:48 AM

This is one of my favourite cartoons about the foolishness of those that invested for the first time last December.

The funny thing is there won't be any cartoons about buying BTC this year even though it is actually a smart time to invest.

a very unique picture, I wonder how they reacted this Christmas? when prices continue to fall and are likely to return to 2014 prices? which image will repeat?

iconoclast

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Matrix Built On An Ethereum Smart Contract

This is one of my favourite cartoons about the foolishness of those that invested for the first time last December.

The funny thing is there won't be any cartoons about buying BTC this year even though it is actually a smart time to invest.

Keyboard PC

hero member

Activity: 924

Merit: 500

the price of cryptocurrency in December was very terrible, the price of cryptocurrency fell and the price was very cheap, many traders suffered losses and it was not like December in previous years so you should be careful when you want to buy cryptocurrency this December.

kicauklaten

sr. member

Activity: 840

Merit: 251

It is the weak hand. they entered on crypto only when flying and will go when it crashed. about the potential of technology and also even the blockchain, of course, they will not be too concerned about this because that's simply how it is pursued to continue to profit from conditions that are occurring.

engesi

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Fast, Smart, Trustworthy

In fact, the cryptocurrency market has been manipulated by price, and many whales always create panic, buy encryption at low prices, and sell when it rises!

Andruha1993

jr. member

Activity: 1008

Merit: 1

I also joined the crypto in December 2017. But I did not immediately begin to invest, but only after 3 months, since I studied everything. Therefore, I think that newbies did not start investing all at once. And yes, I agree with you that many people have begun to leave the world of crypto. My friends are already all disappointed in her.

sallasvve

full member

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Proof-of-Stake Blockchain Network

Quote from: Dacosta Osei-Tutu on December 11, 2018, 11:56:41 PM

Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets

You may be right, but it will not help the further growth of BTC. It may continue to fall in value.

raden1922

jr. member

Activity: 294

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Colletrix-Bridging the Physical and Virtual Worlds

In this case I don't think so. Most investors don't leave crypto, but I think they just lost enthusiasm for a while. And actually still staying and hoping for a lot of profits. This phenomenon is very reasonable in bear market conditions, but never panic. Staying and staying calm will be a good step.

Gagal Mancung

member

Activity: 203

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They want to try luck, want to be rich suddenly Cheesy

They don't understand cryprocurrency travel from year to year, so when the market is rocked like this, in their minds only profit. if they stay here, they will continue to suffer losses, so they decide to sell all their crypto assets and leave cryprocurrency.

Actually it is a ridiculous choice.

Muhammad Muneeb

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📱 CARTESI 📱 INFRASTRUCTURE FOR DAP

Quote from: Dacosta Osei-Tutu on December 11, 2018, 11:56:41 PM

Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets

crypto is more exposed to the investors than ever.. believe me investors are still buying the dip.. this dip is like opportunity for them and they are making good use of it.. if this dip does not happen then there will be no opportunity for investors to make profits

kingzpro

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DIFX - Digital Finacial Exchange

Your point is partially correct but if you look at the history of the bitcoin value you will come to know that these swings and cycles have always been in the game and we see extreme bulls followed by long down trend and then accumulation phase before the next big uptrend and same will be the case this time around, i think we need a bit longer for bulls to return again but they will be here for sure.

wanted sliter

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Activity: 398

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Quote from: Dacosta Osei-Tutu on December 11, 2018, 11:56:41 PM

Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets

the final purpose of 99% people involve in this market, this type of investment is money, real money.
they make the deal when ever they see it profialbe. so don't blame anyone, just dump and pump

Topic: Crypto fell into wrong hands in December 2017 - page 4. (Read 891 times)