Here are some dumb things people say when the market goes down. Nothing in this post is financial advice, please contact a financial advisor before reading.
1."Why is BTC moving sideways?" or "We're in a crab market"
No, we're not going sideways, we're going down. If 30% down means sideways to you, then what would a downtrend be?
- "Haha this is not a bear market, we're only down 30%"
That's how bear markets start. Not saying we're in one, but who knows.
- "Lot's of fear lol, I love to see it"
Why do you love to see fear? Do you like to see pain as well? Also, just because you see a lot of fear doesn't mean this is a bottom
- I'm buying the dip!
You're not Michael Saylor, no need to announce your purchases. You just say that to get confirmation from other people
- "If you're not buying this dip, you are going to miss out"
Sure, I heard that all the way since 68K
- "This is the bottom!"
That's just hopium
7. "This is nothing like the crash in 2011!"
That does not make this crash more enjoyable
- "This is not a crash, this is a juicy dip!"
That's copium
- "Dumb things people say when the market goes down"
Yes I am dumb too
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