Hello all friends, I hope you are well. Yes, it's me again hahahaha I'm going to moderate with HIVEPOWER. I take this opportunity to congratulate everyone on the list, especially Jfang003 and tfranzini who always comment me, a hug friends.
Anyway, I wanted to know what you guys think about the topic that there are a lot of people selling BTC. I think they do not understand that it is bought in red and sold in green hahahaha (with due analysis of course).
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Most of these people I usually call "inverted investor" where for them it is always buying high and selling low. Many people entering this market do not understand that the long term is the best way to have prosperity and these periods of losses, are nothing but great opportunities for us.
Whoever discovers this earlier always gets along very well with cryptocurrencies. At the moment I see that we are in a great time to fill the bag.
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I am 100% in agreement with you. Most do not follow the markets or how they operate. Instead, they simply stand back and allow the emotions to get the best of them. It is this that causes people to lose money.
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I tell you that many enter the world believing that they will always win, and do not bother to read a lot or watch a couple of videos that explain different scenarios of cryptos, and that is why emotions betray them, because they had no idea that this could happen and rush to sell at a loss, it is incredible what I have sometimes heard from some acquaintances.
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Well, many daytrader "investors" end up being easy bait for whales and anyone who realizes that it is not worth following the herd, that yes can look for big things in the future.
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Yes, stack right now. Sell later! We all would want this to be a sustainable source of income. Not just a one-time thing.
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We will keep hoping for better days because we know they will come.
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What can I say? you are right in everything my friend, I like the term you use "inverted investor", what many see right now as the end of their investments is for us a lot of huge opportunities to make a lot of money, best regards my friend!
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That's it, this is a great time for us so let's enjoy it :)
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These people either have absolutely no understanding of how money works or they did not understand how volatile crypto is and invested money they have immediate use of.
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It is true, in some groups that participate in Telegram I see this a lot, always when the crypto market is high and BTC looking for the Moon, there are people who come in thinking that they will quickly become rich and get frustrated when these giant corrections happen.
Then they leave the market talking badly about BTC and cryptos in general. The reality is that the vast majority of these people are not prepared enough to invest in crypto.
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Someone said these corrections are made to kick out the parasites.
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Hahahaha ... it has always been like this and it always will be :)
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These people are greedy and they get shit scared when the markets bleed.
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These are the people who don't believe in crypto and they are just here to make huge amount of money .
Anyone who believes in crypto isn't gonna sell now and infact maybe they will buy the dip .
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Yes, the best thing to do is buy the dip, and keep HODLing your precious coins and tokens. 😁
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That's what I am doing . I just invested some in BTC .
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Its the market euphoria. If everyone is making money, why don't I just buy in some BTC. However with the huge cuts, they are saying its more like a scam and now they are losing money.
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Yup, right now in my country, they treated BTC like a Ponzi and now they talk about it like a Ponzi that crashed.
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Everyone is in it for instant gratification it seems.
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But of course, I've said it before, Elon has a game that he has been tilting in his favor because he has the power to do so, but we should not despair, it's a matter of patience. I'm a newbie still, no doubt, but there are other newbies who can't figure it out and despair.
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Good to see you again, my friend
A lot of people are just driven by emotion and they lack long term view. This was actually the biggest pullback I've witnessed since I joined crypto (I'm fairly new to it) but it did not bother me because I joined with a long term mindset
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We are two friends, but I think that the first thing to understand is that patience and a cool head are key in this path.
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This is the only rule you need to follow while investing in Crypto. Fear and greed take over this thought.
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of course, my friend, if for trading you need a minimum of 70% of mentality of stone, so you do not get screwed by feelings and pressure.
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Yes, staying away from greed and fear should do the magic.
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Red means buy and Green means sell is the most basic thing there is when it comes to investments. Crypto is not that much different from investing in traditional things on wall street. The big difference is the volitivity in the crypto markets.
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I agree, although you often make a lot of money if you make volatility work in your favor, it's a matter of patience.
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