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Topic: Market going down cause of immature investors! (Read 174 times)

legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
All this market going down is caused by people who think they are smart they think they will sell now and buy low later , then the price will go up rapidely they will fomo into it rinse and repeat until they will loose all thier crypto, best strategy is to hodl .
two things. altcoins are going down because they need to go down as the dumps are coming after all these months of pumping them. investors are exiting!
also there is nothing wrong with selling. in fact in most cases, even for bitcoin, you need to sell your coins when you see the drop starting. the problem is timing. newbies sell when it is already too late, experienced investors sell when the drop is just starting and has not yet reached bottom.

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like warren buffet said: "if you are not welling to hold a share for 10 years don't plan to hold it for 10 minutes."
Warren Buffer does not understand the cryptocurrency market and is probably not even familiar with how the pump and dumps work. I personally have made a lot of profit by only holding a coin for a short time. not exactly 10 minutes but mostly less than an hour. in fact the bulk of my profit is like this from the altcoins' pumps.

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But most of the people that are in market now are kids they think they will make a quick buck in crypto ,they end up loosing everything.
you end up losing only if you hold altcoins in my opinion. but anything else that you hold: bitcoin, gold, stocks of a good company that is expanding,... you will make a lot of money.
jr. member
Activity: 123
Merit: 1
Why are you blaming it on the people? Everyone has their own reasons for selling. Some might need the money for medical reasons, for daily funds, to pay their rent, etc. Not every single person on the cryptocurrency space is selling because of the price dropping. Price is dropping because there is less demand. That's simply just it.

Fully  respect towards your thought. I also think that less demand is the main reason behind the price drop. But one thing, demand fluctuates with the behavior of investors. Immature Investors, who mostly want to just profit, are not aware with the term HODL. Their rapid selling while price drops, make the demand falling. And that demand downward move actively helps the price drop.
newbie
Activity: 79
Merit: 0
I don't think so, it's clear that there are a lot of FUD made people. The market fall has a big relationship with whale. I think the exchange may be the biggest whale.
jr. member
Activity: 114
Merit: 1
Of course, this affects the market. As well as 1000 thousand other factors influence. It is not quite right to blame anyone for it, because in the end everyone wants to make profit. Including us with you.
full member
Activity: 1736
Merit: 121
The drop to me is not blamed on anybody rather is the way the market has gone since this year. The market has bearly crossed $10,000 to $11,000 just once. It is just a bearish trend since the beginning of this year.
newbie
Activity: 70
Merit: 0
Why are you blaming it on the people? Everyone has their own reasons for selling. Some might need the money for medical reasons, for daily funds, to pay their rent, etc. Not every single person on the cryptocurrency space is selling because of the price dropping. Price is dropping because there is less demand. That's simply just it.
no demand is the same since february , what it's the same people that are playing with the price , whales start then week hand follow , for the reasons you said , not all the people will have a medical issue the same day
member
Activity: 672
Merit: 12
Small investors have no much importance in the speculative businesses.  Like stocks markets; bitcoin crypto market has the same circumstances.  Only big investors can set the trends in the speculative markets.  Small investors holding half ; quarter ; one two or 5 bitocoins are not in a position to affect the trends in the market .  Their selling or buying is very much insignificant. So can not blame these new people who are almost having negligible coins.
member
Activity: 82
Merit: 10
It is not about immature investors. Attention on bitcoin is going lower on world wide and new money or investors dont enter to market.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Why are you blaming it on the people? Everyone has their own reasons for selling. Some might need the money for medical reasons, for daily funds, to pay their rent, etc. Not every single person on the cryptocurrency space is selling because of the price dropping. Price is dropping because there is less demand. That's simply just it.
newbie
Activity: 70
Merit: 0

All this market going down is caused by people who think they are smart they think they will sell now and buy low later , then the price will go up rapidely they will fomo into it rinse and repeat until they will loose all thier crypto, best strategy is to hodl .

like warren buffet said: "if you are not welling to hold a share for 10 years don't plan to hold it for 10 minutes."

But most of the people that are in market now are kids they think they will make a quick buck in crypto ,they end up loosing everything.
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