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RE: Cryptocurrency Bloodbath! Sell Everything We Were Totally Wrong!
Yup... TIME TO RUN FOR THE EXITS!
(NOT)
Seems to me people just lose sight of the idea that investing in high volatility assets means that there might be... ummmm... high volatility? And it's not just a nice straight line to the upside...
The dips always seem sharper when you have a lot of newcomers investing in any asset class... everyone slips out and hits the "sell" button the moment there's even a small bump in the road. Which can be a nice buying opportunity for those who are in it for the long haul....
Indeed a lot of people can't just chill out. Afraid or Greed? I don't really know to be honest.