People, why are you so scared? - page 9.

the1arty

sr. member

Activity: 756

Merit: 259

Quote from: parepare on January 17, 2018, 01:40:06 PM

I'm really curious. I see about 50% money got out of market. So that means 50% people dont believe in this technology or doesnt even know what is this all about. Some country wants to ban crypto? So what, there are hundrets of other countries. Crypto is made to fuck up those stupid countries who doesnt respect freedom and technology. Why are humans so advanced today? Phisicaly, we are almost the same last few thousand years, and yes, it is becouse of technology. You dont believe in technology, and especialy in this kind of technology? Even better, we need those greedy motherfuckers who only think about money out. Go away from this world then, get the fuck out, go and be backward and dont blame anyone later becouse you are stupid and got scared like a pussy. Ofcourse from time to time countries (their retarded politicians) will try to stop this, and why will they want to do that? Becouse they losing power with this kind of technology. But, whatever they try to do, it is only short therm and one day they will lose, like everyone till today. Remember Galileo Galilei or others like him? Dont let them make you stupid.

Important thing here is that if the market is dropping 50% then it have to grow 100% to be on the same level, as it was before and it may take really quite a while...
and BTC dropped from 19k to 8k, that's quite a drop and so far no recovery is seen in the near future.

EL-NIDO

full member

Activity: 629

Merit: 108

I am absolutely not scared! We are just still in the beginning with cryptocurrencies. How many persons in your acquaintances knows about cryptos? They possibly heard something about Bitcoin but didn't inform about it or blockchain technology. I still believe some projects will be the future in some years.

janelleshepard

member

Activity: 210

Merit: 10

Quote from: thepanicpoint on February 04, 2018, 11:30:49 AM

There is a lot of person, they don't know what is crypto or other things, they are seeing at the news or somebody saying them to buy btc, and when there is bad things, they do panic sell. I guess this 20 days we saw this.

They're just petite lamps which are foods for Whales and Sharks then keep blaming Bitcoin is a scam after losing. Investing without knowledges and plans really is a stupidest thing . My friend bought BTC at 16k$ and he's now really panic keep asking me to sell or hold and i don't give a fuck about it because that's what he deserved.

makishart

legendary

Activity: 3108

Merit: 1029

Quote from: thepanicpoint on February 04, 2018, 11:30:49 AM

There is a lot of person, they don't know what is crypto or other things, they are seeing at the news or somebody saying them to buy btc, and when there is bad things, they do panic sell. I guess this 20 days we saw this.

Especially for newcomers, they need more and more knowledge about crypto. Crypto is different with another thing just like forex.
They are thinking about the possibility the price of crypto goes below what the rate that already taken by them all to cut lost their investment.

It's such a wrong step in my opinion. They will be back again with more bucks rather than generate dollars from the market.

thepanicpoint

full member

Activity: 406

Merit: 100

There is a lot of person, they don't know what is crypto or other things, they are seeing at the news or somebody saying them to buy btc, and when there is bad things, they do panic sell. I guess this 20 days we saw this.

Zicadis

legendary

Activity: 1386

Merit: 1027

Dump it!!!

People are scared of the crypto market because of the high volatility and the risk of losing money as value of these coins is always changing, crypto are not for the faint at heart

Quote from: bigcash2011 on February 04, 2018, 09:03:01 AM

I agree with you there was no serious reason to get scared and panic sell the portfolio in loss, according to my understanding this FUD was created by big institutions, banks, governments and big investors that are either against crypto or are manipulating to get themselves in.

I agree with you this fear is spread by people against bitcoins because the don’t like the idea of giving people a decentralized economy

Bybox

sr. member

Activity: 560

Merit: 250

People are scared because they invested more money than they can afford to lose in cryptocurrencies. Also, 60% correction is a lot if you bought Bitcoin at ATH and it will be scarier if you invest more than 50k USD

tanghere02

sr. member

Activity: 518

Merit: 250

It could be because some got into the crypto world because of the hyped digital currencies that can make a millionaire in a couple of years. And when they see the market down, panicked and took out all of their money invested in these cryptocurrencies. That's the disadvantage of some people, they don't do research on the history of a certain coin and learn from its past market. But it could be an advantage to those who are holding their coins too.

vickycoin05

member

Activity: 532

Merit: 10

Quote from: krm4700 on January 22, 2018, 03:40:34 PM

Unfortunately, people do not make money well. If fear is a waste of money will mean that fear in the world will be a lot because there is a drop in every moment, but the patience gained better looking patience need

I agree on your point mate, well we have many reasons to deal such thing in our life. To feel a fear is just normal all of us here in crypto currency community especially during downfall situations. On my part, I believe someday it will back to stabilize value but in a long term investment which it will depends on each and everyone of us prerogative decisions.

bigcash2011

sr. member

Activity: 1442

Merit: 265

I agree with you there was no serious reason to get scared and panic sell the portfolio in loss, according to my understanding this FUD was created by big institutions, banks, governments and big investors that are either against crypto or are manipulating to get themselves in.

@Mkrish7

member

Activity: 196

Merit: 14

Never Go Full Retard

Most of them don't even know how things work in Crypto. They are here for making money and think that their 1 $ will become 1 million $ in few days.
It's good that they leave for the better of others Grin

KenChanYu

hero member

Activity: 1139

Merit: 500

Quote from: ruffles2016 on February 04, 2018, 04:48:10 AM

Its clear as sky, many people even like %40 dont believe in crypto projects at all. They were just in to make money over time. This is actually one of the main reasons of many fuds about altcoins. People should start believing this revolution.

People are scared to join or to be a part of this because they believe on the news that is really not that true. They are scared to face consequences, they are weak to face challenges. Many people right now dont believe in crypto projects at all because they always believe on what the news all about. They are scared to lose money a lot if they join in here because they received such a fake information. But believing in this really can help you gain such a huge amount of money to use everyday.

mak lessoh

newbie

Activity: 181

Merit: 0

I think it's fair because the Korean and Chinese governments forbid their citizens to use crypto currency so inevitably they have to sell their assets all and there are about two million users in the country (I read in the news) but on February 2 I read on the news that korean and chinese governments allow their citizens to use crypto and this will have a positive impact on crypto currency hence from now we have to buy altcoin as much as we can then hold it until the price goes up it will give a big profit

Pom_bensin

full member

Activity: 812

Merit: 100

Quote from: parepare on January 17, 2018, 01:40:06 PM

I'm really curious. I see about 50% money got out of market. So that means 50% people dont believe in this technology or doesnt even know what is this all about. Some country wants to ban crypto? So what, there are hundrets of other countries. Crypto is made to fuck up those stupid countries who doesnt respect freedom and technology. Why are humans so advanced today? Phisicaly, we are almost the same last few thousand years, and yes, it is becouse of technology. You dont believe in technology, and especialy in this kind of technology? Even better, we need those greedy motherfuckers who only think about money out. Go away from this world then, get the fuck out, go and be backward and dont blame anyone later becouse you are stupid and got scared like a pussy. Ofcourse from time to time countries (their retarded politicians) will try to stop this, and why will they want to do that? Becouse they losing power with this kind of technology. But, whatever they try to do, it is only short therm and one day they will lose, like everyone till today. Remember Galileo Galilei or others like him? Dont let them make you stupid.

I understand your concerns seeing so much money almost 50% out of the cryptocurrency market. you can see if it is a global issue that just makes the price of cryptocurrency fall. but you do not need to worry because it does not last long and will return to normal. the current state bans bitcoin and it's not proven it's just a political game

ruffles2016

sr. member

Activity: 475

Merit: 250

Presale is live!

Its clear as sky, many people even like %40 dont believe in crypto projects at all. They were just in to make money over time. This is actually one of the main reasons of many fuds about altcoins. People should start believing this revolution.

fia_naila

sr. member

Activity: 770

Merit: 258

The Standart Protocol - Solving Inflation

People scared of losing money is his natiral behavior and people who scared losing money is 90 % of the world population thats why poor people will always 90% of population. If this crypto is bubble it is aint gonna burst now maybe in year or two years when it reach 8 trillion matketcap. But i still think this crypto is not bubble. There are 3 rules to invest in crypto
1. Invest only 5% of your life saving because with only 5% if you invest now or 4 year ago and if flippening happen from fiat to crypto you also can get rich.
2. If coin down more then 50% its normal, btc ever going through down 90% of its marketcap and comeback then creat all new time high.
3. Do always the opposite with the news, good news = bad market and bad news = good market bullish.

zombies

member

Activity: 245

Merit: 12

Because they are realizing the cryptos doomsday have arrived. G20 is going to bring the worse, people are realizing it.

bohr

sr. member

Activity: 994

Merit: 257

Quote from: rudolfaxl on January 18, 2018, 07:13:04 AM

People are afraid when their capital melts very quickly. And if they bought crypto for money that they took on credit. Unfortunately many investors do so and I understand their fear. After all, not all experienced traders are crypto. Many people do not have the experience and knowledge about the technology of the blockchain. They just want to make money.

What it happens is that people do not take the time to consider the full implications of their investment, they think they are going to invest and they will earn a lot of money without doing anything but most of the time that is not the case, the first time I invested in bitcoin the price dropped a few hundred dollars but I invested after thinking a lot about it and I knew this could happen, and since then I have gotten nothing but profits even at these prices my profits are huge so I do not have any reason to sell.

Serg22

full member

Activity: 280

Merit: 100

I think most people who invested in mid-autumn 2017. These investors early in their first steps in this world, now frantically looking at the charts of the exchange rate and trying on short positions to make money. On short positions people at the sight of the falling graphs and disappointing news (that need filtering), are beginning to count their losses and begin to withdraw their money without thinking about long-term investment.

seymenyunus1654

member

Activity: 224

Merit: 14

Because they have weak hands. And they are looking crypto acute angle. So they're scared.
Six months from now they will be so regret. Btc going 60k(i'm waiting may)

Topic: People, why are you so scared? - page 9. (Read 1789 times)