Maybe I'm wrong but I have the feeling that with Bitcoin price growth we have got a lot of new users who are not honesty and passionate interested in Bitcoin but only in fast, instant profit and if they don't get it they got disappointed and give up. Some of them don't even bother to get some basic knowledge about Bitcoin and cryptocurrencies in general. That is also the reason why we see so much panic selling when the price dumps. Is that only my feeling or do you think that also?
I dont think the same like you because many of the people who are investing into bitcoin are only because of the profit ratio of bitcoin because now bitcoin are now in controversies that bitcoin being the most profitable crypto currency and all big industries, multinational companies, all the whales invest into bitcoin for their profit only , there could be only few who invest into bitcoin very wisely after getting all the information and making strategy before investing into bitcoin and I am one of those who invest into bitcoin for the profit but sometimes I invest wisely.