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RE: All Is Well With STEEM: Ignore Price Action: This Blockchain Is On Fire!!!
The problem for people in crypto world is that they are immediatist... if they see that money going down for any reason they panic. You see the same when the price goes up? Of course not! That is a huge problem that we will just fix by the pass of time. Just the minority part of people see in the long term. Thanks for sharing @taskmaster4450
I dont think that is just in the crypto world...we see the same behavior in the stock market.
Of course, there you do not see 20% drops on a regular basis so the numbers scare people more here.
Yeah, in the stock market we have that too, but not with that voracity that we can see in cryptos.
But I don't see that with eyes of judge, since this market is new and the to maturate more, but until that, we will see a lot of people running away creating bearish markets and a lot of FUD and FOMO.