Well, all I can say is we have been wired to have weak hands. Not a lot of people will love to see their see their money going to shit when they can do something about it.
Imagine they bought the btc top at 69k and it fell it about 50k whilst they were waiting for 100k. People are social media will fud that btc is dead and instead of Hodl for a longer time they will certainly get out. Now that they have gotten out and btc is at 18k, they feel like kings.
This reminds me of how I tried so hard in convincing a who bought the top and made huge losses. He said he won’t come back unless btc goes to the top again. This shows that most weak hands don’t even know what they are doing. They don’t take time to learn, they just FOMO here and there.
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Well, inasmuch as some people are sometimes programned to FUD, I still believe, it's within our means to control these tendencies. Imagine buying crypto at the top, I mean, who does that? It's meant to be bought at the low and not the top, people won't do their research because the think crypto is a money doubling venture. Making Money off crypto isn't easy, it's why they have to study it. The guy you mentioned isn't even a weak hand, he's just clueless.
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