Are you getting scared with this Dump?

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It's really interesting that every time we witness a huge dump or a bear market people are getting crazy without even caring about the history. By history, i mean what has really happened in the past with similar dumps.

Now as usual the people are in panic mode and it's worst than ever if you ask me because too many people have joined the crypto world this year and the reason is influencers like Elon and ofc mass adoption.

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Heck even in Greece that most people don't even know what btc is you can that bitcoin is trending on Twitter. I am also in some greek groups and it's really amazing the number of people that are in a panic. The good thing is that in one greek group, the one here in Hive/leo the Greeks are veterans.

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As you can see it's chaos out there and people as i and many feared will start blaming cryptos as a scam and such because they are unable to understand some basic things. Things like don't invest money that you can't afford to lose. Yet everybody thinks that they will become millionaires in one night investing from 100$ to 20k.

At the same time, you all listened blindly to Elon Musk and other wannabe crypto influencers and we've come down to this... People make fun of you and you need to realize that.

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At the same time though all the big funds and accounts are either holding or buying while most of you keep on selling.

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Not only that the gas fees are enormous right now and you know why is that? because most of the people are actually paying more money to cut their losses or at least that's what they think.

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Simply put don't be afraid and either hold or buy more, not financial advice though, that's what i am gonna do! If you are the type that is extremely anxious and stressed simply don't check anything related to cryptos for a couple of days.


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12 comments
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lol, when people get dumb with their investing. I called for this blow up about 2 weeks ago and knew it was coming. People where seriously wildin! Throwing money at shit coins left and right on a hope to make millions is BAD investing and singles for a massively overbought market. I feel we will return to around $37,000 - $42,000 BTC in time but it's going to take a while as people are gonna be shook. What's really funny about that screenshot is that person is pretty much saying they sold everything on the hardest crash day WTF why would you do that lol just HODL.


Posted via proofofbrain.io

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I called for this blow up about 2 weeks ago

how did you know?

the hardest crash day WTF why would you do that lol just HODL.

honestly i really don't know how they believe it gonna turn from 60k to 0 overnight. I get it for random cryptos but for the "big names" that so many rich people, funds and governments have put their money into it's funny to even consider that it will go to zero overnight

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lol, Just learning from the past and past mistakes. When people start getting crazy and buying into every possible shit coin you know it's about to blow the F up. But honestly for those that bought into all the hype I don't feel sorry for. They are the gambling type and hopefully it's a lesson learned to do some research next time. I believe Ethereum will bounce back into the new year.

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it's getting a bit scarier out there with people who i never knew hold any cryptos panicking here and there.

I find rather funny as some invested borrowed money to get into it. For me, I'll be holding till the market recovers


Posted via proofofbrain.io

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literally in this bull run mostly everyone invested in. People that didn't even know about crypto or consider it a scam invested :P

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literally in this bull run mostly everyone invested in.

True. I hope they rather exercise patience and stop fretting out like many are doing at the moment. The mindset should be long term


Posted via proofofbrain.io

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Not scared at all. Just part of the process. The road to $200K bitcoin is not going to be without pullbacks. It is common and natural. Clearing out the senseless hands.

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Bitcoin wasn’t created to gamble on. When you use legacy margin mechanisms don’t be surprised by the failure of it all. I sleep well with zero leverage.

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