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Dumb things people say when the market goes down

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by COINS NEWS 190 Views

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?

  1. "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.

  1. "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

  1. 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

  1. "If you're not buying this dip, you are going to miss out"

Sure, I heard that all the way since 68K

  1. "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

  1. "This is not a crash, this is a juicy dip!"

That's copium

  1. "Dumb things people say when the market goes down"

Yes I am dumb too

submitted by /u/Wiardv
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