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Bitcoin => Bitcoin Discussion => Topic started by: BlackHatCoiner on June 25, 2020, 06:00:17 PM



Title: Why people are happy only when the price goes up?
Post by: BlackHatCoiner on June 25, 2020, 06:00:17 PM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)


Title: Re: Why people are happy only when the price goes up?
Post by: The Cryptovator on June 25, 2020, 06:05:03 PM
To be honest those people holding bitcoin definitely they will be happy if price increse. Because they would get advantage of increased price by selling their holdings. At the same time some people will happy when decrease because they are waiting for accumulate more bitcoin. But my personal belief is holders are more than accumulators. That's why most of people feel happy when they see up trend on bitcoin price. But I also feel happy when increse price even I am not holder if much coin. I just want to massive positive move on crypto-currency market, not only for bitcoin.


Title: Re: Why people are happy only when the price goes up?
Post by: joniboini on June 25, 2020, 07:04:42 PM
I think you already answered your own question. "People" can be categorize into different groups, and not all of them have the same thought. So when you ask why they are happy when X happens, you're only talking about specific group of people, not the other one.

In short, if you have a lot of holding (even 0.1 BTC can be a huge number for some) in bitcoin, obviously seeing it read for all day is not good for your mood. Even in stocks market you'll see the same thing. When you're on their position, you'd probably feel the same thing. That's just how we are.


Title: Re: Why people are happy only when the price goes up?
Post by: franky1 on June 25, 2020, 07:10:19 PM
those that have coins want it to go up
those too scared to buy coins want it to go down

no price no matter what time or reason will ever be a happy price for everyone


Title: Re: Why people are happy only when the price goes up?
Post by: kezinaur14 on June 25, 2020, 09:00:48 PM
Many bitcoin users are HOLDERS, price going up is a inherent positive for these people. Day traders don't care too much about it, they make their money in other ways, so I'd say it just goes to show the amount of people that support bitcoin that are holders as well. That and, who doesn't like a bit of "free money"?


Title: Re: Why people are happy only when the price goes up?
Post by: pakhitheboss on June 25, 2020, 09:29:01 PM
It is simple if I am HODLing Bitcoin then I would always want it to go up. On the other end if I am looking to accumulate Bitcoin then I would first check the price and if it is less or nearby to my earlier price entry then I will go ahead and buy more Bitcoin. At the moment since Bitcoin is still below 10k it is the right time to buy more.


Title: Re: Why people are happy only when the price goes up?
Post by: pixie85 on June 25, 2020, 09:33:53 PM
People who are active in the space really want it to succeed. Many of us are not only investors and holders but also enthusiasts who like bitcoin related things.

I have a lot of Bitcoin gadgets like mugs and stickers, use a hardware wallet, write on this forum every day. I also read the news and check the price every day even when I'm not trading or waiting for a certain level. I consider it a part of my life like other hobbies and I'm happy every time there's positive news or a price increase.

If you really want to buy you can do it at any level. I was here when Bitcoin was worth 1000 USD. What if I did like you and decided that I'll wait and buy when it goes down because the price is too high? I'd never have any coins.


Title: Re: Why people are happy only when the price goes up?
Post by: hatshepsut93 on June 25, 2020, 09:34:14 PM
Simply, because most people here already own Bitcoin so they want to have more potential profit. Going down is only good as long as the price bounces back, but a lot of people here don't want to be traders who ride the waves of volatility, they want the price to reach "moon" so they can sell the coins that they have acquired years ago.

If you believe that the price will go up, why wait for the dip that might never come if you can already buy and still have a profit?


Title: Re: Why people are happy only when the price goes up?
Post by: CaVO32 on June 25, 2020, 09:39:10 PM
those that have coins want it to go up
those too scared to buy coins want it to go down

no price no matter what time or reason will ever be a happy price for everyone

that's the nature of human. not contented for what they have. if possible, they always want more. but as an individual if you already find peace with yourself, you will just make the best out of every situation and be happy for what it's worth. but guess what, few people have that kind of mindset in their lives? it would take a lot of experience and struggles in life before someone achieved such contentment in life. so don't be surprised if people always clamour for more.


Title: Re: Why people are happy only when the price goes up?
Post by: Lanatsa on June 25, 2020, 09:46:08 PM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)


You wont able to spot out that those people who are happy when the price goes up are the ones who do also expect for some crash to buy more cheaper.

WO thread is a good place to hang out when it talks to bitcoins price movement.It doesnt only shows being happy but also you can get learnings from there

when it comes to analysis and some sort and of course with those MEME's which i do came for.  ;D


Title: Re: Why people are happy only when the price goes up?
Post by: Oasisman on June 25, 2020, 10:47:54 PM
But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)


Never heard anything from them?
Have you ever read an article that mostly talks about Bitcoin crash? Behind those articles are actually the people who wants Bitcoin to crash so they could massively buy more.
Most of the retail investors wants it for Bitcoin to pump, that's why we can see a lot of post about disappointments whenever the price dumps.


Title: Re: Why people are happy only when the price goes up?
Post by: finaleshot2016 on June 25, 2020, 11:51:44 PM
Isn't the answer to this question is obvious? It is because there are many investors who are expecting another ATH since the end of a bull run in 2017. The current ATH of bitcoin occurred on 2017's bull run and it's been 2 years those times are already enough to buy a lot of bitcoins. Many users and investors of BTC are also aware of the bitcoin halving meaning, a bull run or new ATH might happen so why people are hoping for a decrease right now? It's very wrong timing. Recently, the BTC has a downfall to $5,000 in March, it's another opportunity to buy before the bitcoin halving so I guess there's no other good reason to tell that a decrease in price value should happen.  ::)

And besides, there are many organizations' that has a goal for the advancement of technology, relies on the surge of BTC so I guess the majority of the users especially those big investors wants it to go up and those who want decrease are users who are late to realize BTC's potential this year.


Title: Re: Why people are happy only when the price goes up?
Post by: rhomelmabini on June 26, 2020, 12:45:46 AM
Those who don't do some trading want it always to go up but those who does really want to get some bags of it before it goes up again, that's easy to understand. For me personally, I want both and besides that's the nature of tradable assets.


Title: Re: Why people are happy only when the price goes up?
Post by: covfefe_ on June 26, 2020, 12:49:35 AM
This is a natural instinct but people never do realize that they'll have no profit if they don't sell their coins on raised price and would suffer much larger when the price goes down back to the normal even if they are not selling it. Even many sellers find the same value of decrease to be more drastic pain than the same value of increase's joy.


Title: Re: Why people are happy only when the price goes up?
Post by: vapourminer on June 26, 2020, 12:50:25 AM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)


well, we do want to be filthy rich.

buying the dip in a downward price swing is cool but really any purchase at the moment is a pretty solid bet (IMO of course). so no, while the price going down can benefit some, for us greedy types, not so much.

naturally, DYOR


Title: Re: Why people are happy only when the price goes up?
Post by: TravelMug on June 26, 2020, 01:52:53 AM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

W.O. has its own culture, majority of them are long term holders or have accumulated bitcoin through out the years.

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)


Of course, as the price decrease more people can buy bitcoin just like us, average joes. And you have to understand where those guys are coming from. And don't be affected though, invest wisely, and as preach, buy the f*** ing dip (BTFD).  ;D


Title: Re: Why people are happy only when the price goes up?
Post by: Little Mouse on June 26, 2020, 02:01:49 AM
Not true always. For example, I always become happy when I see BTC price decreases. I am getting paid in bitcoin from one project, also by bestchange signature campaign. If the price decreases, I will get more BTC in my holding  :D
Wall observers have traders, holders. So, some will be happy when price increases but holders never care whether price increase or decrease.


Title: Re: Why people are happy only when the price goes up?
Post by: pooya87 on June 26, 2020, 03:06:35 AM
there is a wide range of reasons!
for example rising price is a good indication of increased adoption whereas we don't have that many ways of measuring adoption. so we are happy when we see adoption increase.
increasing price at this point also shows the market is moving in the direction to correct the reverse bubble that bitcoin has been stuck in for some time and make the market healthier while bring the bitcoin price to a more realistic value.
and of course as others mentioned and you have already guessed when price goes up the value of what you own increases, you could see it as profit or increased purchasing power.

also we have another group who are traders and don't care about rise or fall they only want price to change (go up OR down) because they make profit either way.


Title: Re: Why people are happy only when the price goes up?
Post by: princesspoppy on June 26, 2020, 03:37:42 AM
Volatility of the market is a good thing although many don't like to see dips in whatever coin they have there most specially those short time investors, but to long term investors and holder, they see it as an opportunity to buy more bitcoin or altcoins they wanna invest. Most people especially traders, they enjoy the volatility of the market, the dips and pump we all see is like an ocean wave for them to surf and no matter what it is they face, either the dip or the pump, they are happy with it.


Title: Re: Why people are happy only when the price goes up?
Post by: maydna on June 26, 2020, 04:57:33 AM
That is because people can sell the bitcoin at the highest price from the price they bought, which means they will make a profit. No matter how much bigger the profit, they will still be happy, and they will want to wait for a while to buy another bitcoin at a lower price. They think that if they can buy at a low price and sell at a high price, they will make a big profit, and they imagine if they can repeat the process for more than 3 times, that means, they will make huge money from trading. That will happens with the altcoin trading too because they can make more and more profit as bitcoin trading.

But if the price is down, people will be happy too because they can buy at another lower price, so they can hold again for a while until the bitcoin price can increase. Making a profit will be the reason for the traders when they see the price goes up.


Title: Re: Why people are happy only when the price goes up?
Post by: GDragon on June 26, 2020, 05:03:16 AM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)


Aside from the answers given above, maybe because people are more happy with the results of their hold, than be happy investing to something with risk, its already understood that if the price goes down=opportunity. However, there are those who are already holding btc so its really easy to understand why there are those who don't see it as happy as when the price goes up.

And as a human, we are more inclined to be happy with the reward, not by the time we spent money to invest with risk. In my case, or I think in everyone's case, we buy bitcoin and we didn't really post something like we are happy about it and so on.   We just know its an opportunity, take it or not. When the btc price goes up, we are more into celebratory state, because we waited for it.

Ps. And because btc price going up means btc as a whole getting better isn't it, we wish that it could beat its highest price so far


Title: Re: Why people are happy only when the price goes up?
Post by: rodskee on June 26, 2020, 05:10:14 AM
Because there are lots of people who invested and wanted to have a quick benefits, those who
mostly involved with short-term trading.
From the view-point coming from this types of traders seeing the value rising is a good opportunities
to sell and grab decent earnings.
Though as mentioned by other forum members, there are also traders who aims for long-term investment,
people who loves to keep collecting
and storing assets for longer time and higher value, those believers who understand the big
potential of this investment currency.


Title: Re: Why people are happy only when the price goes up?
Post by: Bitstar_coin on June 26, 2020, 05:27:18 AM
This is natural for everyone who invest in anything to gain profit be it long term or short term, it is not just btc only, as an investor you will be excited when you see your investment growing and earning profits, this is the goal of investment, thus, people are always happy to see btc price going up, when the price is down, only those who wants to buy will be happy, investors always want to see price is up.


Title: Re: Why people are happy only when the price goes up?
Post by: AniviaBtc on June 26, 2020, 05:43:02 AM
That's the reality of bitcoin, for some other users, it only matters when the price of bitcoin increases. But when it undergo downward movement in the market, most of the users are holding until it increase again. People are buying more bitcoin once its price is really low, they save their bitcoin and wait for the right time to sell when its price increase.

Market are really unpredictable and there are bitcoin users who are patiently waiting so that they will benefit the true value of bitcoin. You just need to understand that bitcoin requires a lot of time and factors so that you will get a huge profit in making it as your asset to your investment.


Title: Re: Why people are happy only when the price goes up?
Post by: KrisAlex18 on June 26, 2020, 05:50:12 AM
You will feel the same way id you're doing some crypto activities. Once he bitcoin increases we also gain profit from investing and hodling. If you are investing for a long term snd you have invested it when the price of the bitcoin is low then the increment of the bitcoin would make you happy because you will earn money from your investments. There are a lot of people who are investing so they also feel the same way.

That is the bitcoin halving is somehow related to Christmas in real life because we could gain so much money when it comes.
Many bitcoin users are HOLDERS, price going up is a inherent positive for these people. Day traders don't care too much about it, they make their money in other ways, so I'd say it just goes to show the amount of people that support bitcoin that are holders as well. That and, who doesn't like a bit of "free money"?
Well said, I an also hodling bitcoin and I always observe the movement of the bitcoin and it gives me happiness when there is a big increase for the bitcoin.


Title: Re: Why people are happy only when the price goes up?
Post by: Latviand on June 26, 2020, 06:16:25 AM
Maybe they think that they feel a huge loss if they see that their asset is not moving in the market. All of us are really happy when bitcoin's price really increase, especially those whales who are having a huge amount of bitcoin in their wallets. That's the reason why we are using bitcoin, we need to have profit from it once it reached its peak. Patience and discipline is what we need to prevent losses or bad decision making, because some people are making transactions without even knowing if the price of bitcoin will increase or decrease. We should be glad that we are holding bitcoin and be happy towards its state, because some other people are not given a chance to have one.


Title: Re: Why people are happy only when the price goes up?
Post by: CryptopreneurBrainboss on June 26, 2020, 06:30:45 AM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

Don't believe everything you see online and don't take things too serious as most visitors of that particular thread aren't as happy as they seems knowingly fully well some sold before the spike in price or are dying inside waiting for a dip to buy into the market but since the whole atmosphere of the threads looks positive and filled with excitement, they just play along not to look odd.

But on a general noted, no Investors wants their investment to fall in price irrespectively of them having more funds to buy the dip, they just buy when that happens but their prayers and hope will always be for their investment to keep appreciating in price.


Title: Re: Why people are happy only when the price goes up?
Post by: Lasky366 on June 26, 2020, 07:08:05 AM
There are different catagory in the world. Nothing different in crypto as well.Because some people only hold bitcoin & whenever price goes up they are happy. Because they can earn more money by selling their holding. Same time some people anticipate price decrease so because there are lot of trader who wants to owe more bitcoin when cheap.


Title: Re: Why people are happy only when the price goes up?
Post by: Nellayar on June 26, 2020, 07:23:48 AM
To answer that question, there is only one thing that everybody knows. We want profits.

Currently, cryptocurrency is not use in common type of payment. Such as buying in wet market, still fiat currency dominates. The main purpose of crypto from now is investment. Therefore, everyone in this industry want to have profits.

That is the reason why most of us are happy when price goes up. Unless you did not ride the train. But when time comes, it will be burden for those who are using it daily since the gas fee becomes higher also when the price is moving upward.


Title: Re: Why people are happy only when the price goes up?
Post by: isaac_clarke22 on June 26, 2020, 07:33:24 AM
Many are holders. I even believe that there are quite many people that are prone to panic when the price decrease so much that they exit the market and disappear into thin air in crypto space.
I think the right question is "why people still keep holding even if the price goes up".
This is a market. We got buyers waiting for the coin to decrease in price so that they can buy more for future purposes and we got sellers waiting for the price to increase according to their target price.


Title: Re: Why people are happy only when the price goes up?
Post by: Wexnident on June 26, 2020, 07:36:51 AM
It's because you aren't part of the people you categorize as happy, and that's the reason why they are happy. You can consider the group in W.O as the people that aren't you, you can talk about them being greedy, since they do want to sell their BTC at the highest possible price, but the same could be said to you tbh since you want to buy more BTC at a low price, and that could also be said as greedy. And you not hearing anything from people wanting to buy more doesn't mean that they aren't there, nor is it that they want to fight with the people who want the price to rise more. Just buy during dips and keep the hodl going strong mate. The saying "Money makes the world go round" is pretty opt here in both cases of wanting the price to go up and the price going down.


Title: Re: Why people are happy only when the price goes up?
Post by: bakasabo on June 26, 2020, 07:48:38 AM
People in cryptocurrency can be divided into several categories. Some of them are holders and trades. Holders "happy only when the price goes up". They can be counted as a lazy people in some way. Traders can be happy all the time, because they can get profit even during "red market".

Speaking philosophically, the question is simple and silly. How can someone be unhappy, when his portfolio grows ?


Title: Re: Why people are happy only when the price goes up?
Post by: shoreno on June 26, 2020, 08:12:55 AM
 both sides wants bitcoin to go up or are going to be happy when the price goes up because those people that wish bitcoin to go down can still buy on the current price of btc  because he is going to earn more when the price of btc increases  .

 we all want that to happen because we often see price on the decline side but not on the inclined side    .  there are still many reasons to be happy here on crypto and not just when price of btc increases   . people get happy too when price goes down or when price gets stable


Title: Re: Why people are happy only when the price goes up?
Post by: kryptqnick on June 26, 2020, 08:42:21 AM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)

If you have 1 Bitcoin and it's worth $9k, but suddenly you wake up with $2k less, you are not likely to feel good about it. If Bitcoin goes down, there's always a possibility that it will keep going down or it'll take a long time to recover. When Bitcoin is going up, at least things are fine for the time being. Investors are interested in stable growth of their investment, and I'm quite sure that those who see the price drop as an investment opportunity are in minority. This binary opposition of the price going up or down doesn't account for a third option: the price remaining the same. This would be best for retailers and people who use Bitcoin as money. I also enjoy it most when Bitcoin is stable.


Title: Re: Why people are happy only when the price goes up?
Post by: MCobian on June 26, 2020, 08:44:39 AM
Not everyone feels happy when bitcoin prices go up, there are some people expecting bitcoin prices to fall. So depend there in which position,
if we holders certainly expect the price of bitcoin to rise, so that it can be sold and get profit. Then if we are investors would love to see the price
of bitcoin go down, because it can buy bitcoin at cheap prices and accumulate bitcoin. So everyone has different point of view.


Title: Re: Why people are happy only when the price goes up?
Post by: giammangiato on June 26, 2020, 09:01:48 AM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)

Actually you answered your question yourself, it happens exactly this way. Anyone who holds a good amount of bitcoin hopes and will always hope for a rise in the price, to remember that in 2017 when btc touched 19k share not everyone managed to gain, especially those who bought at that time and did not sell immediately find themselves in net loss, here because many hope for the ascent and many are convinced that it will happen. Reverse speech and instead for those who want to buy and will always do it at the lowest possible price


Title: Re: Why people are happy only when the price goes up?
Post by: spike420211 on June 26, 2020, 09:26:04 AM
Not everyone is happy only when the price goes up. Traders who successfully short Bitcoin are happy when the price goes down.
Only for the price increase are those who are primarily concerned with the financial aspect of bitcoin the first thing that matters, how much money can it bring them.
For example, people who bought bitcoin on highs have little joy in the fact that its price does not rise or fall, but their goal is only quick money.


Title: Re: Why people are happy only when the price goes up?
Post by: famososMuertos on June 26, 2020, 09:34:32 AM
It is actually the basic part of bitcoin that many are attracted to, only initially, at least it should be, but to the extent of bitcoin, in its entirety, the price itself is only part of its real value at bitcoin.

The point is yes! There is a dance between the fiat currency that gives value to bitcoin, so that in a way people adopt bitcoin and can understand it, but over time, perhaps in many years, bitcoin should be the reference of everything.

Do the mental exercise, take out any fiat coins and put just bitcoin, then what value would things have, a car 3,000,000 satoshi, a house "x" BTC, the hourly wage "x" satoshi. Some see that future and perhaps they do not even expect the price to rise, they just want to use bitcoin as a means of liberating payment.

But the vast majority "live or live" in a world where dependence on the Fiat currency dominates and then subordinating oneself to the dollar, "normal" thing that leads to simply rejoicing.


Title: Re: Why people are happy only when the price goes up?
Post by: suzanne5223 on June 26, 2020, 09:36:58 AM
It normal OP cause very investors invested in a business in other for him to make profit, a wise man once said "the profitable of a businessis what makes the business keep going" if investors are not making profit through crypto they could have switch to another investment setting.

Not everyone is happy only when the price goes up. Traders who successfully short Bitcoin are happy when the price goes down.
You're correct about that but in the end they will also want the market price to turn up.




Title: Re: Why people are happy only when the price goes up?
Post by: LogitechMouse on June 26, 2020, 09:55:58 AM
Different people have different feelings when they see their money going up.

Maybe some in the Wall Observer are just happy that they are sharing it within the thread but for sure, there are users out there that wants to go Bitcoin go down at least a bit for them to accumulate more. Its just they aren't posting it on the W.O. thread.

Me, if the price go up no reaction for me but if the price go down still no reaction for me :D. Maybe that is quite weird but that is how I feel when I'm into investing. I developed being emotionless already even it is in crypto or stocks etc :D.


Title: Re: Why people are happy only when the price goes up?
Post by: maxreish on June 26, 2020, 10:02:55 AM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC


Those who are glad when bitcoin is surging up are those who are long holder and those who bought bitcoin from the low price. Of course, what matters most is the "profits" we are about to acquire if we sell our bitcoin at high price.

While there are also some great advantage when the price will go down, but some are aiming the gains first to buy more.


Title: Re: Why people are happy only when the price goes up?
Post by: CoinFoxs on June 26, 2020, 10:48:03 AM
Its for sure, people who are holding bitcoins in order to make profits would be glad if price of btc will increase and on the other hand those who want to collect more bitcoins would be happy if the price is low so they can buy more BTC. I think now is the right time to buy bitcoins because many analysts believe that price of 1 BTC could be over $15k or even more by the end of year.


Title: Re: Why people are happy only when the price goes up?
Post by: vapourminer on June 26, 2020, 11:04:51 AM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

Don't believe everything you see online and don't take things too serious as most visitors of that particular thread aren't as happy as they seems knowingly fully well some sold before the spike in price or are dying inside waiting for a dip to buy into the market but since the whole atmosphere of the threads looks positive and filled with excitement, they just play along not to look odd.


many of us older members sold some (perhaps a lot even) way before the 2017 ATH. i sold coins in the $10 to $100 USD range back in the day. and im not unhappy, i was supporting bitcoin before all those ATMs and payment processors were around. gotta find its use case and test the snots outta it before moon can happen.

the experience in being involved fairly early on in a game changing experiment about sound money more than outweighs having more coins (just speaking for me, dunno how others feel).

now sure we all wish we had more but dont lump all us WOers into some group that sold most or all and regretted it, although you will find some of them in the WO. or lump us in with the whales (but maybe some are there too),


Title: Re: Why people are happy only when the price goes up?
Post by: lienfaye on June 26, 2020, 11:20:40 AM
Price increase means profit so its quite normal for many investors to be happy and excited to have another bullrun.

Long term holder like me is waiting for that event to happen since I bought my btc at lower price. So seeing bitcoin increasing is an indication of another profit to come.

On the other side those who want btc to decrease are mostly want to buy but waiting for an opportunity to do it, well its good to buy when there's a correction right?


Title: Re: Why people are happy only when the price goes up?
Post by: davis196 on June 26, 2020, 11:25:31 AM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)


Dude,are you an adult?Your question seems a little bit childish to me.
I don't think that the people get "happy" when the price of a certain financial asset goes up or down.
Happiness has nothing to do with the financial markets and trading.
Anyway,if I use your logic,people get happy when the price goes up,because they get richer,people also get happy,when the price goes down,because they could buy cheaper Bitcoins.People(at least the Bitcoin supporters) are always happy. ;D I can't say the same thing about altcoin users. ;D
Bitcoin haves that built-in optimism that the price will,sooner or later,hit the moon.


Title: Re: Why people are happy only when the price goes up?
Post by: vapourminer on June 26, 2020, 11:46:59 AM

I don't think that the people get "happy" when the price of a certain financial asset goes up or down.


well when it drops 40% in a matter of hours (minutes?). that feeling you get? man its indescribable.

i wont say "happy" but its almost worth the ride.


Title: Re: Why people are happy only when the price goes up?
Post by: Kong Hey Pakboy on June 26, 2020, 11:59:53 AM
Price increase means profit so its quite normal for many investors to be happy and excited to have another bullrun.

Long term holder like me is waiting for that event to happen since I bought my btc at lower price. So seeing bitcoin increasing is an indication of another profit to come.

On the other side those who want btc to decrease are mostly want to buy but waiting for an opportunity to do it, well its good to buy when there's a correction right?
Indeed. It's quite normal for crypto users to be happy when the price of bitcoin started to go up because it will push them to maintain their long-term investment in bitcoin. But for me, I am happy when bitcoin will have a low price because I will have a good opportunity to buy bitcoin and have a good profit when bitcoin suddenly increase its price.


Title: Re: Why people are happy only when the price goes up?
Post by: rexxarofmoknathal on June 26, 2020, 12:06:14 PM
When the price of BTC is going up everybody gets excited because it is a sign of growth and it shows that the industry is picking up pace. For most this also aligns well with increased worth of their assets while for some it may act as a good sign to buy in now that the market is showing green. It's all to do with confidence, people feel more confident overall and they start making investments in the FOMO.


Title: Re: Why people are happy only when the price goes up?
Post by: raidarksword on June 26, 2020, 12:34:55 PM
Bitcoin holders and traders are both happy when price goes up because they can easily see profit from it especially to traders that bought low and selling it high is a success and profit is inevitable as well. Relaying on price increase is sign of happiness on both parties because investments should only be a good way if profit is there, even big or small profit is profit no matter what. On the other hand, daily trader people are also happy when price is going down because they can buy more at low price and again sell it when price is going up.


Title: Re: Why people are happy only when the price goes up?
Post by: charlemagne_15 on June 26, 2020, 12:38:27 PM
Obviously because of the more money they can possess. Crypto users always looking for that due to the opportunity they see to sell their holding coins. Well, some of us are also happy when it goes down because we can avail it at a cheaper price then eventually sell it at high.


Title: Re: Why people are happy only when the price goes up?
Post by: Debonaire217 on June 26, 2020, 12:43:37 PM
There's basically Three sides of people's reaction when it comes to bitcoins volatility or change in price. One is happy when bitcoin's price is increasing, the other one is happy when the opposite thing happens just like what OP said, and the last one is happy on both sides. Cheers to traders, that both became inspired whenever the price goes up or down since there's always an opportunity with bitcoin as long as you know how to appreciate the price. I also call them as positive thinkers since they don't let the market graph determines their trust with bitcoin.


Title: Re: Why people are happy only when the price goes up?
Post by: Sebas.tian on June 26, 2020, 12:45:49 PM
Those who milk bitcoin will be happy when bitcoin price go up but I love seeing it low. Some as haters: this category aren't investors nor holders but haters of Bitcoin. Whatever they choose to operate with they can't stop the existence of Bitcoin rather will be more depresse seeing bitcoin growing up stronger than before. Me in person, I always wanting the price of Bitcoin to go low for refilling of my portfolios, sometimes buy low is more safe than buy when the price rise to $9k+ because of it volatility. This is what I do as a bitcoin enthusiast and not bitcoin bitches...


Title: Re: Why people are happy only when the price goes up?
Post by: bitbunnny on June 26, 2020, 12:50:53 PM
I think that reason is quite obvious. Majority of people have certain amount of Bitcoins they want to make profit on. Usually they invested some money in it, bought some coins so they want to return their investment and make some money. It's natural. No one doesn't want to lose, especialy not traders.
If you earned your Bitcoin, not bought it then maybe the increase of price isn't that crucial, although when exchanging it to fiat mob everyone wants to get as much as they can.


Title: Re: Why people are happy only when the price goes up?
Post by: Shasha80 on June 26, 2020, 01:29:44 PM
I am among those who are happy when bitcoin prices go up, because I'm holding bitcoin. But many people who are not holding bitcoin
are still happy see the price of bitcoin go up. Because if the price of bitcoin goes up, usually altcoins also go up. Because of these reasons
why many people looks happy when bitcoin prices go up.


Title: Re: Why people are happy only when the price goes up?
Post by: sunsilk on June 26, 2020, 01:37:17 PM
Everybody wants to make profit with bitcoin or any investment that we have. You have visited a thread where most people are holders of bitcoin and all of them desire to see the price increase and then you'll hear brrrrrrr and kaching! kaching!

The same aspect for those people that wants to add more and missed to buy at a low price. They desire to see bitcoin at a decreased price so that they can take the quantity of bitcoin that's par with their budget. We'll definitely going to be happy when we see our investments growing up.


Title: Re: Why people are happy only when the price goes up?
Post by: yazher on June 26, 2020, 02:04:23 PM
The simplest answer to this question is because most of the people here are holders. you may not know how much they hold but I can say most of them are holders of BTC. that's why we can see on wall observer when the price of BTC is increasing they are like feasting to post some memes and when the price is decreasing everyone seems making jokes about it. but trust me, all they want is to see the BTC price to rise because most of them are getting the benefit when that happens. some people wanted to see the price decrease simply because they want to buy to hold their own BTC and they will just become another addition to those who already waiting for the price to increase.


Title: Re: Why people are happy only when the price goes up?
Post by: qiwoman2 on June 26, 2020, 02:28:52 PM
Well it all depends on what side of the fence you are on. I for one would like the price of BTC to go up, but not in a hurry as I am not done accumulating BTC and Altcoins of my choosing. My bag and portfolio are very small compared to many others here as I lost too much in the last bear market. So either way I am happy, as long as in the end we all get the results we wish for. I do need though to get more into stable coins so I can always buy that dip. That's the hardest thing, to hedge.


Title: Re: Why people are happy only when the price goes up?
Post by: kawa900jc on June 26, 2020, 02:44:10 PM
I sold almost all BTC I owned end of 2017 and the beginning of 2018.
and invested my profit in a nice house and paid my debts.
I really like to see a very low price of Bitcoin because I have limited funds to invest and fear to lose money.
So I'm waiting on a BTC crash to a value of about $ 1000,- otherwise, I keep the money in my pocket.


Title: Re: Why people are happy only when the price goes up?
Post by: Twentyonepaylots on June 26, 2020, 03:27:11 PM
I think you already answered your own question. "People" can be categorize into different groups, and not all of them have the same thought. So when you ask why they are happy when X happens, you're only talking about specific group of people, not the other one.
Into simpler terms, some people are waiting to get into bitcoin obviously they wait for the price to go down and the other are waiting to get out of bitcoin and is waiting for the price to get hike. Basically the logic is simple, as we say that bitcoin unite us, it seems to me that bitcoin makes the competition among us all, pretty like western and eastern beliefs and culture. Now talking about groups the perfect example would be the whales and us the small players, whales can just inject a huge amount in the market and us? we cannot, unless you ready to lose bigtime.

In short, if you have a lot of holding (even 0.1 BTC can be a huge number for some) in bitcoin, obviously seeing it read for all day is not good for your mood. Even in stocks market you'll see the same thing. When you're on their position, you'd probably feel the same thing. That's just how we are.
I consider myself holding a decent amount of bitcoin ( as my POV ), some might belittle it coz they can do it higher but little did they know that I am just waiting for the price to go down before entering the market again, our mindset keeps us running to this industry I suppose.


Title: Re: Why people are happy only when the price goes up?
Post by: meanwords on June 26, 2020, 03:56:04 PM
So I'm waiting on a BTC crash to a value of about $ 1000,- otherwise, I keep the money in my pocket.

From which I think won't be happening because of how Bitcoin progress throughout the years. The thing about 2017 is that the hype of Bitconnect and ICO made Bitcoin known to every part of the world which then even not investors who doesn't even know what Bitcoin is tried to invest in Bitcoin and most of them loss. With that, dump happened and now natural growth is in place. I really doubt Bitcoin would dump $1,000, not with this development and halving taking place. Price will keep on increasing which I think results into people adopting Bitcoin. That's why a lot of people are happy about price going up.


Title: Re: Why people are happy only when the price goes up?
Post by: Chime19 on June 26, 2020, 04:04:54 PM
People want the price to rise in order to speculate, when the price rises, there is a correction that will happen.
which means that the price will fall sharply. and you can double your profits easy.
If the price rises to $ 15,000 and returns to $ 6,000, and rises again to $ 15,000, then 200% will generate profits.
same if you have 2 Bitcoin will be 4 Bitcoin.


Title: Re: Why people are happy only when the price goes up?
Post by: sayulita on June 26, 2020, 04:05:24 PM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)

This is human tendency to have huge fear in mind when the price of the commodity they own decreases and a lot of joy due to dopamine when the price goes up. Also I am one of those people who always want the price to go down in short term so that I can buy more bitcoins at a cheaper rate and also hope that in the long term the price will go up because I want an appreciation for my investment that I have been doing for so many years.


Title: Re: Why people are happy only when the price goes up?
Post by: radjie on June 26, 2020, 04:53:18 PM
they will be satisfied if the coins they hold for a long time can be sold when the price rises, therefore an increase in market prices is certainly very much awaited by people who hold bitcoin for a long time, and vice versa those who want to invest in bitcoin certainly expect its value to move down to its lowest point in order to be able to get bitcoin in quite large amounts


Title: Re: Why people are happy only when the price goes up?
Post by: adzino on June 26, 2020, 05:16:37 PM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)

Shouldn't they be happy when the price does go up? They are making profit. They invested on the coin with the hope of making some profit! And obviously they are going to be sad when the price goes down. When the price goes down they think they made a loss (but what they don't understand is that they haven't made any loss as long as they hold the coins). That is why they get sad.
Since you haven't invested on bitcoin, there is nothing for you to be sad about since you aren't making any loss.


Title: Re: Why people are happy only when the price goes up?
Post by: Bitcoinislife09 on June 26, 2020, 05:40:02 PM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)


It's common when you are already invested in bitcoin and just waiting for the market price of bitcoin to increase of course you are going to be happy when the market price goes up and you are not going to be happy when the market price goes down since you are losing profit when that happened. A lot of investors are going to be happy also when the market price is a dump because they could reinvest in bitcoin so that they could sell their bitcoin when the market price is higher again. Still, you could be bought when you already have an investment in bitcoin for long term when the market price is dumped surely your not going to be happy but you could still invest if you still got some funds so that you are not going to lose that opportunity to make a profit and it will be a double profit when market pumps.


Title: Re: Why people are happy only when the price goes up?
Post by: coinfinger on June 26, 2020, 05:58:53 PM
If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)
There are different kind of bitcoin adopters:
Early adopters and long term holder (who never think about buying and not even with any dips as well).
Spot traders (who frequently buy low and sell high).
Derivative traders (who are known for riding on all market directions).
Active investors and new adopters (who do get funds from other sources and awaiting for dips).

Out of these types, spot traders, active investors and new adopters will be happy on seeing low prices for bitcoin markets. Because only they look for cheaper prices for obvious reasons. Long term holders will get upset on seeing falling market conditions as they do not have any plan to buy more. (Derivative traders will not mind where market is heading; for them both rising and falling market conditions are same).

Simply, if you are waiting for prices to become cheaper then you will be happy otherwise you also will be joining most other bitcoiners to be happy only when bitcoin prices go up.


Title: Re: Why people are happy only when the price goes up?
Post by: Abiky on June 26, 2020, 06:19:15 PM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)

Most people become excited or happy when prices go up because they're "following the money". This means that they're into Bitcoin for making a quick buck, instead of using it as an alternative to the existent monetary system. For me, it's not about price but rather utility. So far, Bitcoin has been delivering as promised with its decentralized and censorship resistant design. The fact that Bitcoin is scarce in supply, should result in higher prices in the future. As long as Bitcoin is useful as a cryptocurrency for daily payments or as a store of value, there should be nothing to worry about.

People who have a large investment in Bitcoin will always be waiting for prices to go up. Others, will be hesitant for prices to go down the drain in order to buy more Bitcoin. While most people are into Bitcoin for making money, some are true believers of it. I'd prefer that people would focus on using Bitcoin instead of speculating on it, but I guess it's something that's inevitable. Speculation will always exist on the crypto market, like it's the case with the traditional stock market. Which ever way you decide to go forward with Bitcoin will be up to you. Just my opinion :)


Title: Re: Why people are happy only when the price goes up?
Post by: hahay on June 26, 2020, 06:41:43 PM
Whatever the increase is that it will always be expected and not just about the price, but if it is only related to the price of bitcoin and other crypto then there is nothing wrong either. Prices in the cryptocurrency market do not always get an increase and it is very reasonable when there is a pump going on then many people are happy, prices in the crypto market are always going up and down and there is definitely a time for them to expect both but it will make sense if the price increase is something that is expected, although the decline will also be an opportunity for you to buy more but honestly, the decline is something that is worrying and the pleasure for the price to go down is something that is inappropriate.


Title: Re: Why people are happy only when the price goes up?
Post by: glowing10 on June 26, 2020, 06:45:49 PM
On a personal level when people have bought the coin and market goes up or their investment value rises everyone will fell good beacuse they have made money though it is still unreal it’s until sold it . On other hand when you are not holding it and want to buy at that time you will like market to be lower so that you will be able to buy at lower price . So it’s not always wine happy moment when price goes up .


Title: Re: Why people are happy only when the price goes up?
Post by: gamer4156 on June 26, 2020, 08:30:55 PM
You're right. I agree with you. I am happier when the price of Bitcoin goes down because I can invest some more money in Bitcoin. Not everyone can be happy when the price of Bitcoin goes down because there are many people who hold Bitcoin with all their money. They do not have extra money so they can't invest more money in Bitcoin.Because of this they are only happy when the price of Bitcoin goes up. If you want to be happy when the price of Bitcoin goes down, you need to have more money to invest in Bitcoin.


Title: Re: Why people are happy only when the price goes up?
Post by: gabbie2010 on June 26, 2020, 10:55:35 PM
Every crypto hodlers knew that any price increase is synonymous to making more profits thus a reason to be happy at that moment of course some trader might decide to take some profits while waiting for the price to dump again creating another opportunity to buy again this is done consistently and repeatedly while that is the beauty in trading cryptos compared to forex or commodities trading because of its price volatility prompts constant price increase and profit making.


Title: Re: Why people are happy only when the price goes up?
Post by: Ronaldcoin2017 on June 26, 2020, 11:19:54 PM
Every crypto hodlers knew that any price increase is synonymous to making more profits thus a reason to be happy at that moment of course some trader might decide to take some profits while waiting for the price to dump again creating another opportunity to buy again this is done consistently and repeatedly while that is the beauty in trading cryptos compared to forex or commodities trading because of its price volatility prompts constant price increase and profit making.
i agree on that people really become more happy when the price rise because they saw that thier crypto coin,holdings,etc,.Has more profit to get or to harvest sometimes people are getting bored on waiting for the price to rise to gain more profit, that is why when the price is rising they will become happy for they can sell bulk coin on exchange to fiat as profiting source.


Title: Re: Why people are happy only when the price goes up?
Post by: Lorence.xD on June 27, 2020, 04:17:17 AM
Every crypto hodlers knew that any price increase is synonymous to making more profits thus a reason to be happy at that moment of course some trader might decide to take some profits while waiting for the price to dump again creating another opportunity to buy again this is done consistently and repeatedly while that is the beauty in trading cryptos compared to forex or commodities trading because of its price volatility prompts constant price increase and profit making.
It is part our psyche that we feel happiness when we do something that benefits us, in my opinion this is kind of hilarious because this is a common sense, the reason we are happy is the same reason as to what we feel when we eat, we see something taste good therefore signaling a pleasure signal in the body.


Title: Re: Why people are happy only when the price goes up?
Post by: NavI_027 on June 27, 2020, 05:13:42 AM
If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)
I guess those people you are pertaining with is just bunch of newbies who still don't appreciate the volatility of bitcoin ;D. Because if you encountered real investors which are experienced, you will change your mind. Most of them (including me) love the bearish days too. Yeah! I admit that it was a little bit frustrating in our part because it bring negative ambiance after all, but instead of being lonely the whole day, the wiser thing to do is to hoard more of course. Sounds greedy but I guess that's just a part of continuing the circulation.


Title: Re: Why people are happy only when the price goes up?
Post by: JohnBitCo on June 27, 2020, 05:33:14 AM
So I'm waiting on a BTC crash to a value of about $ 1000,- otherwise, I keep the money in my pocket.

From which I think won't be happening because of how Bitcoin progress throughout the years. The thing about 2017 is that the hype of Bitconnect and ICO made Bitcoin known to every part of the world which then even not investors who doesn't even know what Bitcoin is tried to invest in Bitcoin and most of them loss. With that, dump happened and now natural growth is in place. I really doubt Bitcoin would dump $1,000, not with this development and halving taking place. Price will keep on increasing which I think results into people adopting Bitcoin. That's why a lot of people are happy about price going up.

When you buy anything and its price goes up, it is natural that people are happy. No one will be happy if the bitcoin price goes down. However there are few cases when people get happy on bitcoin price dump.

-The only exception to this is those who are trading and shorting bitcoins, they will get profits if the bitcoin price moves down.
- Also those who are in binary trading may get happy on bitcoin dump.
- Thirdly there are people who want to buy bitcoin but waiting for the lower price.


Title: Re: Why people are happy only when the price goes up?
Post by: mariah.sadio on June 27, 2020, 05:44:28 AM
Asset grow is always easy to understand and more pleasant for viewer and this is more helpful for industry. We need liquidity here


Title: Re: Why people are happy only when the price goes up?
Post by: michellee on June 27, 2020, 06:15:36 AM
Every crypto hodlers knew that any price increase is synonymous to making more profits thus a reason to be happy at that moment of course some trader might decide to take some profits while waiting for the price to dump again creating another opportunity to buy again this is done consistently and repeatedly while that is the beauty in trading cryptos compared to forex or commodities trading because of its price volatility prompts constant price increase and profit making.
It is part our psyche that we feel happiness when we do something that benefits us, in my opinion this is kind of hilarious because this is a common sense, the reason we are happy is the same reason as to what we feel when we eat, we see something taste good therefore signaling a pleasure signal in the body.
So when we see the price increase, and we know that we make a profit, that will make us happy. Happiness will be more feel when the money is at our account, and we can withdraw it into our bank account ;D

That will give us time to use that profit to buy whatever we want, and we will always want to make more profit. So the happiness because of the price increase will always come to all people, especially if they can make a profit.


Title: Re: Why people are happy only when the price goes up?
Post by: MarioV on June 27, 2020, 07:54:50 AM
I think the correct phrase is that "people who have already bought bitcoin are happy when it goes up while when it goes down they are happy those who want to buy it".


Title: Re: Why people are happy only when the price goes up?
Post by: mindrust on June 27, 2020, 07:59:37 AM
Many people around have either invested way more than they could chew (overinvested) or missed their chance to dump when it was at its ATH price.

They get devastated emotionally whenever the price moves downwards.


Title: Re: Why people are happy only when the price goes up?
Post by: ghost424 on June 27, 2020, 08:11:48 AM
That is just normal because some people are already HODLing some Cryptocurrencies and not just Bitcoin. It is natural to be happy if some prices go up because that may be their time to sell some of their stocks. It also depends on our points of view on the subject and you are not the only one who is also happy when prices goes down.


Title: Re: Why people are happy only when the price goes up?
Post by: Janation on June 27, 2020, 08:17:47 AM
I think it is not always about profit.

I think those people wanted Bitcoin to really flourish, to be known in the world, and when the price drops down, they get disappointed. There are also those that 's just waiting for their profit too. For me, it is great when the price increases but when it drops it is also great since I was late to invest on it and I wanted to find timings when I can invest again.


Title: Re: Why people are happy only when the price goes up?
Post by: kawa900jc on June 27, 2020, 08:22:41 AM
....
- Thirdly there are people who want to buy bitcoin but waiting for the lower price.

That's me.
I really believe that Bitcoin is overvalued.
It can rise to $15k but it shall fall down and imo a level of $3k is more likely.
So I keep my money in my pockets and wait....


Title: Re: Why people are happy only when the price goes up?
Post by: jhonjhon on June 27, 2020, 08:50:23 AM
I buy Bitcoin when the price at the bottom and looking forward to seeing its market price will have a jump in the future so I can have profited from it. This is the common reason why people get so happy during the market surge. The worth of their trust and patience is being paid off and that it helps them to keep believing crypto as a way it makes their life to change.


Title: Re: Why people are happy only when the price goes up?
Post by: Reatim on June 27, 2020, 09:23:10 AM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)

What do you want people here to do?rejoice when there is a Bearish market?

Of course people will always look for growth so they can at least sell some of their Holdings.
But it doesnt mean that NO people here who's being happy when there is a dumping happening because people like me are neutral since i am willing to Hold for long.

I can be happy when there is a Bull because i can sell again.

I can be happy also when there is a Bear because i can Buy again.


Title: Re: Why people are happy only when the price goes up?
Post by: masphie on June 27, 2020, 02:48:24 PM
just 1 reason, because they hold bitcoin for get the profit. And in time, bitcoin pump below they get yesterday or weeks....i think they will very happy with this situation.


Title: Re: Why people are happy only when the price goes up?
Post by: CarnagexD on June 27, 2020, 03:13:36 PM
they will be satisfied if the coins they hold for a long time can be sold when the price rises, therefore an increase in market prices is certainly very much awaited by people who hold bitcoin for a long time, and vice versa those who want to invest in bitcoin certainly expect its value to move down to its lowest point in order to be able to get bitcoin in quite large amounts

Satisfaction towards the price of bitcoin is always there once they earn profit from the increase in bitcoin's price. But if it is not moving in the market and the price is still in a downward level then, it means that you are experiencing losses and most of the investors are afraid when that happens.

But bitcoin is bitcoin, it is really volatile in the market and no one stop bitcoin from changing its price depending on the season.

If investors are trusting bitcoin so much, he should be happy once the bitcoin goes up because it is really worth it for a huge investors to have enough or more profit during peak season of bitcoin.


Title: Re: Why people are happy only when the price goes up?
Post by: Benefactor on June 27, 2020, 03:33:33 PM
The price of Bitcoin is never stable, it is fluctuating, its price fluctuates. Both the price increase and the decrease are good for people of two classes. The good news is that those who have not invested in Bitcoin but are willing to do so will be able to buy more Bitcoin. In other words, raising or lowering the price of Bitcoin is a matter of happiness for both new and old investors respectively.


Title: Re: Why people are happy only when the price goes up?
Post by: flippener on June 27, 2020, 03:38:25 PM
I agree with @Benefactor if you're a bitcoin believer. Long term you want it to go up, but short term you want it to go down so you can acquire more.

And if you're good at trading (or have a trading bot) you want it volatile all the time because you can make money even when the average price doesn't change.


Title: Re: Why people are happy only when the price goes up?
Post by: BITCOIN4X on June 27, 2020, 04:33:03 PM
The price of Bitcoin is never stable, it is fluctuating, its price fluctuates.
Fluctuations have become an inseparable part of bitcoin and other cryptocurrencies. All traders seem to know about this and most of them use fluctuations to make a profit. I think a new trader is not advised to buy more bitcoin before they know exactly how bitcoin prices actually move. If they only rely on their feeling without doing an analysis, they will fall into poverty quickly.




Title: Re: Why people are happy only when the price goes up?
Post by: ReiMomo on June 27, 2020, 04:49:38 PM
I think the correct phrase is that "people who have already bought bitcoin are happy when it goes up while when it goes down they are happy those who want to buy it".
That's a correct perception, not all people will happy if bitcoin price goes up. Does who people who are ready to invest in bitcoin are waiting for a great opportunity and hoping when bitcoin price will down and invest when seeing the market is bleeding. But those who already bought bitcoin are waiting for profit and maybe they will happy if they saw their profit was there when the price of bitcoin goes up.

That's why if you are very lucky who can ride the wheel of fortune, and buy when bitcoin price is down and sell when bitcoin price will go up. I'm sure you will extremely happy, I guess.


Title: Re: Why people are happy only when the price goes up?
Post by: coolcoinz on June 27, 2020, 06:04:29 PM
I agree with @Benefactor if you're a bitcoin believer. Long term you want it to go up, but short term you want it to go down so you can acquire more.

And if you're good at trading (or have a trading bot) you want it volatile all the time because you can make money even when the average price doesn't change.

I'm a believer and I don't want it to go down at all. I have enough and I'm not buying more precisely because I'm a believer and I've acquired all that I wanted to hold years ago.
For me it's black or white, there's no gray area. You either are a believer and buy it as it is, or you are not and want it to go down. If you think Bitcoin isn't worth 9k USD then you are not a believer.


Title: Re: Why people are happy only when the price goes up?
Post by: GDragon on June 27, 2020, 09:17:27 PM
I think the correct phrase is that "people who have already bought bitcoin are happy when it goes up while when it goes down they are happy those who want to buy it".
That's a correct perception, not all people will happy if bitcoin price goes up. Does who people who are ready to invest in bitcoin are waiting for a great opportunity and hoping when bitcoin price will down and invest when seeing the market is bleeding. But those who already bought bitcoin are waiting for profit and maybe they will happy if they saw their profit was there when the price of bitcoin goes up.

That's why if you are very lucky who can ride the wheel of fortune, and buy when bitcoin price is down and sell when bitcoin price will go up. I'm sure you will extremely happy, I guess.

Yep, and i think it also depends on your objective as of the moment.  If you are into buying when btc goes up, then you'll not that happy if it goes up, specially if you think it will not go up any further, your kind of late in buying. If you are holding btc when it goes up, then you'll surely be happy. I think OP is just wondering why he only heard people being happy when btc goes up, isn't it normal? I think there are a lot of holders than those planning to buy as of the moment.

I also see the opportunity when btc goes down, but its kind of a different kind of happy, there's the risk. I'm more happy in the phase of earning already(price going up when I am currently holding btc), not in the investing phase. So we are much vocal about our happiness when the price goes up than when it goes down.


Title: Re: Why people are happy only when the price goes up?
Post by: Youghoor on June 27, 2020, 11:47:29 PM
Lol, I think this is a rhetorical question in my honest opinion @OP. I mean, who does not love to see his investment grow and mature with profits. Even tiny profits made are appreciated how much more when the returns are great and consistent like running a masternode investment.


Title: Re: Why people are happy only when the price goes up?
Post by: Genemind on June 27, 2020, 11:56:31 PM
The answer is obvious. There are a lot of people who have invested in crypto at a good price and had been patiently waiting for the price to climb. Who wouldn't be happy seeing BTC price going up. However, not all people have the same thought, some people are looking for a good price to buy back, especially before a bull-market, so I wouldn't say everyone is happy when price goes up, only those who are already holding BTC.


Title: Re: Why people are happy only when the price goes up?
Post by: spike420211 on June 30, 2020, 05:42:09 PM
You're correct about that but in the end they will also want the market price to turn up.

It is not necessary what exactly at the end of the same day, experienced traders perfectly understand what they are doing.
Any significant market movement is followed by a pullback in one direction or another, which allows us to speculate on this.
In addition, looking back, we see how people’s attitude to Bitcoin changed every time its price fell sharply or, on the contrary, grew at a rapid pace.


Title: Re: Why people are happy only when the price goes up?
Post by: ChiBitCTy on June 30, 2020, 05:45:16 PM
It all just depends on which side of the board you are on really.  If you hold a good amount of bitcoin you're likely to be happy when the price goes up.  If you don't and you're more currently a buyer than you're likely to be happier when its down some.  Pretty much as simple as that.


Title: Re: Why people are happy only when the price goes up?
Post by: Yatsan on June 30, 2020, 09:10:02 PM
It seems that people only appreciate the importance of the coins when it is on the rising spot specially for those who are holding coins already. Actually people are always happy that the ones they invested or have spent their money with goes up for the sake of earning profit in exchange. That was just normal reaction for people since everyone do really want to earn on this industry. But we must not just only focus or appreciate when the prices goes up for the fact that when prices goes down gives other people to buy at a lower rate of price that is more chances of obtaining coins that will be hold and sold once the price rise up again. Actually the appreciation when the price changes depends on the individual himself because most likely, there are different ways how an individual sees it when the price goes up and down. It is just that both ways are beneficial depending on the goal you wish to attain.


Title: Re: Why people are happy only when the price goes up?
Post by: ololajulo on June 30, 2020, 09:19:09 PM
I want to get decreased so I can buy more BTC
Have heard and seen this sentences several times but this same set of people did not buy in March dump and previous dump last year, they were scared it could go down more. They will ever be scared to take risk that is what old crypto enthusiats dont seem to consider in buying at lower price. For bitcoin which is most reliable asset in the space with the safety of the purchase, traders will make profit any time of purchase, whether bear or bull,The only question will always be... when?


Title: Re: Why people are happy only when the price goes up?
Post by: carlfebz2 on June 30, 2020, 09:23:03 PM
It seems that people only appreciate the importance of the coins when it is on the rising spot specially for those who are holding coins already. Actually people are always happy that the ones they invested or have spent their money with goes up for the sake of earning profit in exchange. That was just normal reaction for people since everyone do really want to earn on this industry. But we must not just only focus or appreciate when the prices goes up for the fact that when prices goes down gives other people to buy at a lower rate of price that is more chances of obtaining coins that will be hold and sold once the price rise up again. Actually the appreciation when the price changes depends on the individual himself because most likely, there are different ways how an individual sees it when the price goes up and down. It is just that both ways are beneficial depending on the goal you wish to attain.

Most people or investors do really have that common goal or target in mind which is to make money and next would be accumulating much more cheaper coins.

This had always been like this and it is indeed just normal for people to be happy when price goes up specially when the price go over on the amount on where they do purchased.

Profitability will depend either you do sell directly when seeing gains or wait for a bit more.It depends on what would be the course or set of action you would make.


Title: Re: Why people are happy only when the price goes up?
Post by: alani123 on June 30, 2020, 09:29:57 PM
Many people got into bitcoin with the wrong intentions and at the wrong time. There are quite a few people that are bagholders and would rather not hear or see anything else other than crypto going up all the time. I think it'd be in anyone's interest to act similarly if their buy in point was much higher than where today's price is at. But then again, these people just can't be happy that bitcoin doesn't seem to be getting in a bubble right now. All some people want is to offload some of their bags and be done with it. Given the volumes during the previous bubble, I'd venture to guess that there's quite a few such people.


Title: Re: Why people are happy only when the price goes up?
Post by: Kelvinid on June 30, 2020, 10:01:51 PM
It's absolutely they are happy because they have gained already.
They considered Bitcoin as an investment, they bought BTC at a cheap price and waiting for the market to rise then sell. Those people are patiently waiting, it is obviously they holding more Bitcoin in preparation for the Bullrun that makes them smile when they saw their investment will grow. And I believe everyone does. This is a common feeling for us, isn't only a reason to have gain from our investment, but also a reason to know that Bitcoin will have something to prove to be worthy of our trust, not a dead one.


Title: Re: Why people are happy only when the price goes up?
Post by: imstillthebest on June 30, 2020, 10:12:33 PM
It's absolutely they are happy because they have gained already.
They considered Bitcoin as an investment, they bought BTC at a cheap price and waiting for the market to rise then sell. Those people are patiently waiting, it is obviously they holding more Bitcoin in preparation for the Bullrun that makes them smile when they saw their investment will grow. And I believe everyone does.  

they can be happy too even if they havent gained yet because the increase on the price is only small  . they can be happy to think that the price can now continue to increase for more but this happiness suddenly shattered and turned to sadness once prices have been nose diving  . everyone doesnt like loosing but everyone like to win all the time which is a bad iniative  . its like simillar to our life , sometimes up and sometimes down  , we should learn to accept any outcome .


Title: Re: Why people are happy only when the price goes up?
Post by: DoublerHunter on June 30, 2020, 10:17:39 PM
It's absolutely they are happy because they have gained already.  
^ In my mind, not all people were happy to see if the market price goes up. They had two different people I have known, one is the investors while on the other hand the holders. Investors probably will happy to see if the price of bitcoin will go down. Because they can accumulate and hold at the same time waiting again when the price goes down. On the other hand, the holders probably happy when they saw the market is healthy and the price goes up, they will happy because they know that their profit was there and anytime they can cut profit and reinvest again. Nevertheless, these people sometimes will be going to vice versa.


Title: Re: Why people are happy only when the price goes up?
Post by: taufik123 on June 30, 2020, 10:49:01 PM
People who are happy because the price of bitcoin goes up are those who buy bitcoin at the lowest price. They will benefit wherever they cut it now. But some others expect the price of bitcoin to fall to be able to buy bitcoin cheaply and pile it up for a long time or long-term investment. Fluctuating bitcoin prices will certainly benefit everyone who takes advantage of some of the reflections, their ups and downs will remain profitable.


Title: Re: Why people are happy only when the price goes up?
Post by: Abiky on July 02, 2020, 08:51:42 PM
Many people around have either invested way more than they could chew (overinvested) or missed their chance to dump when it was at its ATH price.

They get devastated emotionally whenever the price moves downwards.

Exactly. The "FOMO" sentiment has caused people to buy more Bitcoin than expected with the hopes of becoming rich quick. But you and I know, that's not what Bitcoin is about. Those who "follow the money" will be eager for prices to go all the way to the moon in a blink of an eye. Only true believers of Bitcoin will invest on it regardless of market conditions (either good or bad).

It's normal for anyone who invested into Bitcoin to become happy when the price goes up on the market. After all, you'll be earning some profit in the process. What's important is to see Bitcoin not as a speculative asset, but as a real currency or store of value you can use for mainstream finance. As long as you have a good mindset, you'll be successful will all of your Bitcoin endeavors. People who've never invested in Bitcoin, are willing prices to go down in order to grab some coins at discounted prices. The market will always have weak hands (sellers) and strong hands (buyers) altogether. No matter what Bitcoin's price will be in the future, there will always be someone who will buy it or sell it on the market. Believe it or not, the huge volatility in price provides many profit opportunities not possible with traditional stocks. As long as there are people who continue to patronize Bitcoin, nothing should go wrong. Just my thoughts ;D


Title: Re: Why people are happy only when the price goes up?
Post by: finaleshot2016 on July 02, 2020, 08:59:31 PM
Many people around have either invested way more than they could chew (overinvested) or missed their chance to dump when it was at its ATH price.

They get devastated emotionally whenever the price moves downwards.

Exactly. The "FOMO" sentiment has caused people to buy more Bitcoin than expected with the hopes of becoming rich quick. But you and I know, that's not what Bitcoin is about. Those who "follow the money" will be eager for prices to go all the way to the moon in a blink of an eye. Only true believers of Bitcoin will invest on it regardless of market conditions (either good or bad).

It's normal for anyone who invested into Bitcoin to become happy when the price goes up on the market. After all, you'll be earning some profit in the process. What's important is to see Bitcoin not as a speculative asset, but as a real currency or store of value you can use for mainstream finance. As long as you have a good mindset, you'll be successful will all of your Bitcoin endeavors. People who've never invested in Bitcoin, are willing prices to go down in order to grab some coins at discounted prices. The market will always have weak hands (sellers) and strong hands (buyers) altogether. No matter what Bitcoin's price will be in the future, there will always be someone who will buy it or sell it on the market. Believe it or not, the huge volatility in price provides many profit opportunities not possible with traditional stocks. As long as there are people who continue to patronize Bitcoin, nothing should go wrong. Just my thoughts ;D
Well, I guess I'm one of those you're referring to, investing even the bitcoin goes high or low. Only few people are getting success on that kind of mindset, they thought it's a stepping stone for getting rich but the reality is, it's not that easy like now. People are expecting another ATH or price pump but it still on $9k, It can't even resist the $10k and we need to wait for more months.

Being happy is already common especially those who invested a lot last year and waited for this bitcoin halving thingy. The majority of investors of bitcoin wanted to have a price pump, those who are unhappy, they did not grab the opportunity to invest at a low price.


Title: Re: Why people are happy only when the price goes up?
Post by: Excell110 on July 02, 2020, 10:28:26 PM
The answer to this is just simple logic.
 Those who wish to buy more Bitcoin want to see the price fall so they can hold more (I want this too  ;))
 After buying the desired quantity, they still want to see it rise to a great price where they can profit from.
 So you see? It goes both ways, everybody wants these to situations, at different points in time, that's market for you.


Title: Re: Why people are happy only when the price goes up?
Post by: supine on July 02, 2020, 10:31:57 PM
It's not actually true there are some who are sad whenever the price goes up because they sold their crypto right before the price goes up.
I think it would only depend on how we would look at it there are who would be happy when the price goes down because they could get it at a lower price and hoard as much as they could.
There are people who would always be happy whenever the price move it doesn't matter if it goes up or goes down it all depends on what we aim if we want to invest then we would be happy for a price drop but if we want to sell then we would aim for the price increase.


Title: Re: Why people are happy only when the price goes up?
Post by: Traderbtcc on July 03, 2020, 01:12:01 AM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)

I think the main people who are always happy whenever the price of bitcoin rises are the investors,crypto traders and lastly the hodlers, it normally excites them when the price of bitcoin increases, because they would have probably made some good profits out of it when it increased,although most times its because they bought bitcoin when the price was very low and when it increased they gained from the increase,i'm also one of those people who get super excited whenever the price of bitcoin increases, because the exchange value to my country's currency would also increase  ;D.


Title: Re: Why people are happy only when the price goes up?
Post by: btc78 on July 03, 2020, 04:40:43 AM
It's not actually true there are some who are sad whenever the price goes up because they sold their crypto right before the price goes up.
They are out of context because they already sold their Bitcoin,What OP is asking about those remaining in Holding.
But there are sad people when the price is growing because they have no chance to buy more.
I think it would only depend on how we would look at it there are who would be happy when the price goes down because they could get it at a lower price and hoard as much as they could.
There are people who would always be happy whenever the price move it doesn't matter if it goes up or goes down it all depends on what we aim if we want to invest then we would be happy for a price drop but if we want to sell then we would aim for the price increase.
For those who can carry to Keep their currency for another year?

they are not affected if what market moves,either to Up and down because what they look at are the Bull when to come.
and that is the time they will consider affecting by the market.


Title: Re: Why people are happy only when the price goes up?
Post by: Emmychris on July 08, 2020, 12:19:58 AM
People are always happy when price goes up because there have accumulated much bitcoin when the price was low, so when the price increases there would be happy because there would make much profit.
 The set of people who will  be sad when prices increases are the ones who didn't buy and accumulate when the price was down.


Title: Re: Why people are happy only when the price goes up?
Post by: BountyHex on July 08, 2020, 12:28:14 AM
I think the opportunity to buy should be below 7k, but then you can be happy when you reach 10k, a dream would be to go back to 19k, but this reality is distant, but as time passes, it can become something widely used. governments does not encourage its use on a large scale


Title: Re: Why people are happy only when the price goes up?
Post by: Abiky on July 09, 2020, 02:54:57 AM
Well, I guess I'm one of those you're referring to, investing even the bitcoin goes high or low. Only few people are getting success on that kind of mindset, they thought it's a stepping stone for getting rich but the reality is, it's not that easy like now. People are expecting another ATH or price pump but it still on $9k, It can't even resist the $10k and we need to wait for more months.

Being happy is already common especially those who invested a lot last year and waited for this bitcoin halving thingy. The majority of investors of bitcoin wanted to have a price pump, those who are unhappy, they did not grab the opportunity to invest at a low price.

From what I've seen, most people are into Bitcoin in order to make money instead of understanding its purpose in the mainstream world. As long as they can sell BTC for profit, nothing else matters. A very small portion of people actually care about using and understanding Bitcoin more thoroughly. Considering that human greed is unavoidable, we'll always see some people getting hyped when prices go all the way to the moon. When Bitcoin is facing "troubled times", you'll see most people whining because they've got into Bitcoin at higher prices. On the other side, there are buyers waiting for Bitcoin to go down the drain in order to obtain coins at a discount.

Personally, I wouldn't worry about price per coin on the market as long as Bitcoin works as intended. We will always have naysayers and long-term supporters of Bitcoin in crypto land. The more people buy Bitcoin, the higher the price per coin will be on the market. The same thing happens vice versa when more people sell their Bitcoin on the market. Some people will be happy about prices going up, while others won't. It's impossible to make all people happy regardless of market conditions (whenever good or bad). As long as you play your cards right, you'll be able to buy low and sell high. Only then, the effects of prices going up or down will have little to no effect over your mood. Same as you, I didn't grab the opportunity to invest at 2014's low prices. At least, it's better late than never. Just my thoughts ;D


Title: Re: Why people are happy only when the price goes up?
Post by: DevilSlayer on July 09, 2020, 03:14:07 AM
We should be aware that the market is build up by 3 main emotions: greed, fear and uncertainties. If the price goes up there are many people who are happy and they are driven by greed and it is the reason why the expensive is becoming more expensive. It is also happen when the bearish trend appear where everybody is fearful and it is the reason why the demand is getting lower and the price is becoming more cheap. If you will observe the candlestick charts, you will see a wicks and that wicks indicates that there are changes in emotions.


Title: Re: Why people are happy only when the price goes up?
Post by: Beparanf on July 09, 2020, 01:52:11 PM
It's not actually true there are some who are sad whenever the price goes up because they sold their crypto right before the price goes up.
I think it would only depend on how we would look at it there are who would be happy when the price goes down because they could get it at a lower price and hoard as much as they could.
There are people who would always be happy whenever the price move it doesn't matter if it goes up or goes down it all depends on what we aim if we want to invest then we would be happy for a price drop but if we want to sell then we would aim for the price increase.
It will depend on the traders situation, it's just more react when the price is high as they will be able to show their profit, not all who buy when the price drops post or show their happiness as they can receive comments from other that the price may not still go lower. I don't usually react when the price drops to buy but I'm happy same with I regret when I didn't buy when the price is still low or I'm too late in buying.


Title: Re: Why people are happy only when the price goes up?
Post by: Spaffin on July 09, 2020, 02:37:03 PM
It's not actually true there are some who are sad whenever the price goes up because they sold their crypto right before the price goes up.
I think it would only depend on how we would look at it there are who would be happy when the price goes down because they could get it at a lower price and hoard as much as they could.
There are people who would always be happy whenever the price move it doesn't matter if it goes up or goes down it all depends on what we aim if we want to invest then we would be happy for a price drop but if we want to sell then we would aim for the price increase.
It will depend on the traders situation, it's just more react when the price is high as they will be able to show their profit, not all who buy when the price drops post or show their happiness as they can receive comments from other that the price may not still go lower. I don't usually react when the price drops to buy but I'm happy same with I regret when I didn't buy when the price is still low or I'm too late in buying.
In any case, long-term investors are happy about the price increase, and those who are tired of waiting or panicked and sold their assets are also happy with the price drop, so they are waiting to buy at lower prices. I believe that it would be strange to observe if a person would inadequately react to those developments that would be beneficial to his financial condition.


Title: Re: Why people are happy only when the price goes up?
Post by: Swordsoffreedom on July 09, 2020, 05:19:08 PM
It's not actually true there are some who are sad whenever the price goes up because they sold their crypto right before the price goes up.
I think it would only depend on how we would look at it there are who would be happy when the price goes down because they could get it at a lower price and hoard as much as they could.
There are people who would always be happy whenever the price move it doesn't matter if it goes up or goes down it all depends on what we aim if we want to invest then we would be happy for a price drop but if we want to sell then we would aim for the price increase.
It will depend on the traders situation, it's just more react when the price is high as they will be able to show their profit, not all who buy when the price drops post or show their happiness as they can receive comments from other that the price may not still go lower. I don't usually react when the price drops to buy but I'm happy same with I regret when I didn't buy when the price is still low or I'm too late in buying.
In any case, long-term investors are happy about the price increase, and those who are tired of waiting or panicked and sold their assets are also happy with the price drop, so they are waiting to buy at lower prices. I believe that it would be strange to observe if a person would inadequately react to those developments that would be beneficial to his financial condition.

Who want to buy BTC, they obviously want to buy it at a lowest price. that's why buyers always want market dump. everyone thinks about their own profit. Personally, I want the price of BTC will grow continuously. because if its price will increase, more investor will be wanted to invest on it, and as a result many governments will legalize BTC.


Title: Re: Why people are happy only when the price goes up?
Post by: Mahanton on July 09, 2020, 09:51:07 PM
It's not actually true there are some who are sad whenever the price goes up because they sold their crypto right before the price goes up.
I think it would only depend on how we would look at it there are who would be happy when the price goes down because they could get it at a lower price and hoard as much as they could.
There are people who would always be happy whenever the price move it doesn't matter if it goes up or goes down it all depends on what we aim if we want to invest then we would be happy for a price drop but if we want to sell then we would aim for the price increase.
It will depend on the traders situation, it's just more react when the price is high as they will be able to show their profit, not all who buy when the price drops post or show their happiness as they can receive comments from other that the price may not still go lower. I don't usually react when the price drops to buy but I'm happy same with I regret when I didn't buy when the price is still low or I'm too late in buying.
In any case, long-term investors are happy about the price increase, and those who are tired of waiting or panicked and sold their assets are also happy with the price drop, so they are waiting to buy at lower prices. I believe that it would be strange to observe if a person would inadequately react to those developments that would be beneficial to his financial condition.

Who want to buy BTC, they obviously want to buy it at a lowest price. that's why buyers always want market dump. everyone thinks about their own profit. Personally, I want the price of BTC will grow continuously. because if its price will increase, more investor will be wanted to invest on it, and as a result many governments will legalize BTC.


Im not really minding nor hoping much when it comes to legalization but they shouldnt really make any restriction or banning it which would completely slow down when we do talk about global adoption.
For people who do mind of for making money which is a casual stuff then we do really wait up for the right time to get in when the price is already cheap.Of course we do like to see its price in longer time frame but
this will only fit out for those who had been hodling for years.
Who goes sad when the price goes up? everyone will be longing for that movement specially to those who bought into the dip. Buybacks are just normal next steps to be done.


Title: Re: Why people are happy only when the price goes up?
Post by: Amel on July 10, 2020, 06:35:08 AM
Because they only think of profit. They do not understand the benefits of lowering the price of Bitcoin. This increases the chances of investing more in Bitcoin. This is a great opportunity for new Bitcoin investors. However, for those who have bought Bitcoin at a very high price, it is actually a lot of sad news.


Title: Re: Why people are happy only when the price goes up?
Post by: glowing10 on July 10, 2020, 06:42:51 AM
Because they only think of profit. They do not understand the benefits of lowering the price of Bitcoin. This increases the chances of investing more in Bitcoin. This is a great opportunity for new Bitcoin investors. However, for those who have bought Bitcoin at a very high price, it is actually a lot of sad news.

People who already has invested at high price or holding it form long time would just want to ensure they get good returns on the money invested so people would want only prices to go up. For those who had missed the rally or dint had money before to invest and now looking for opportunity will be happy when the price falls so that they can buy more at lower price. And then we have some people as well who do not want bitcoin to exist or just want to enjoy as a audience that price should keep falling only.


Title: Re: Why people are happy only when the price goes up?
Post by: rodskee on July 10, 2020, 06:53:18 AM
Because they only think of profit. They do not understand the benefits of lowering the price of Bitcoin. This increases the chances of investing more in Bitcoin. This is a great opportunity for new Bitcoin investors. However, for those who have bought Bitcoin at a very high price, it is actually a lot of sad news.

There are people who are just aiming to have a quick benefits, traders who are being sad when
experiencing huge losses due to market movements.
But to those who understand how volatilities can bring favors, both sides of market run can be
turned into  a favor if you position yourself to the right place.
Bitcoin, aside from being an alternative currency also serves as store value of investment, so most
who holds and keeping prefer to see the rise in value.


Title: Re: Why people are happy only when the price goes up?
Post by: DoubleEdgeEX on July 10, 2020, 06:58:03 AM
A lot of people who buy Bitcoin aren´t familiar with the concept of investing and it´s implications. That´s why I think it´s so important to educate newbies to the market not only by a Hodlers point of view but from an investors. As pointed out by OP, a decreased price enables you to get more for a cheaper price, eventually using the cost average effect to gain more coins. That should dimish the emoions of hope and greed which are usually the most destructive ones in trading


Title: Re: Why people are happy only when the price goes up?
Post by: Hypnosis00 on July 10, 2020, 07:03:52 AM
Because they only think of profit. They do not understand the benefits of lowering the price of Bitcoin. This increases the chances of investing more in Bitcoin. This is a great opportunity for new Bitcoin investors. However, for those who have bought Bitcoin at a very high price, it is actually a lot of sad news.

There are people who are just aiming to have a quick benefits, traders who are being sad when
experiencing huge losses due to market movements.
But to those who understand how volatilities can bring favors, both sides of market run can be
turned into  a favor if you position yourself to the right place.
Bitcoin, aside from being an alternative currency also serves as store value of investment, so most
who holds and keeping prefer to see the rise in value.
Most people hold for a reason that they can earn from it. It is obvious people get happy when the market rises after they bought Bitcoin. They'll be making money in a very short period of time? and they keep buying for they'll think it happen again and again. It all looks impossible if there is no volatility and it places a big role in the market for it greatly gives favor to everyone who wants to invest crypto.

For the place whose crypto isn't accepted as another mode of payment, they are actually considering this as a pure investment. Nothing they for their Bitcoin but they converted it into FIAT money once done.


Title: Re: Why people are happy only when the price goes up?
Post by: mezzaluna on July 10, 2020, 08:31:56 AM
The assumption can be called not true because people are not always happy when the prices goes up. That depends on the situation of the HODLers. Somebody can never say that he/she is happy when selling tokens just before the sudden increase in prices. Gaining profit is what makes people happy.

It is better to safely assume that tokens are always better in fluctuating prices where we can watch the trend of certain Cryptocurrencies and that is the time where somebody wins and somebody loses.


Title: Re: Why people are happy only when the price goes up?
Post by: Asuspawer09 on July 10, 2020, 02:44:05 PM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)


Not really, It is normal to be kind of happy when the market price goes upright? since we are earning a profit when the market is pumping.

But for sure their are so many investors that are waiting for the market price of bitcoin go to down in order to reinvest or invest their money in bitcoin for potential profit in the future.

Even short term bitcoin investors also invest in bitcoin when the market price is a dump and keep on investor when the market is going down.


Title: Re: Why people are happy only when the price goes up?
Post by: South Park on July 10, 2020, 03:05:30 PM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)

It is not really difficult to understand it since most people are going long on bitcoin, basically they invested in bitcoin with the idea of making money with it but as we know there is also the possibility of going short and make money as well that way, but since many people on this forum are not only interested on the financial opportunities this market offers and instead they are also interested in the long term prosperity of this market then it makes sense they get really excited when the price of bitcoin goes up and they get discouraged when its price is going down significantly.


Title: Re: Why people are happy only when the price goes up?
Post by: Sutters Mill on July 10, 2020, 03:18:52 PM
Not everyone is happy. Some people are happy when it falls because they buy the dips. Then you hold. Not much point buying in when its skyrocketing but crypto is all about timing. People tend to either go all in and hold their bags for fear of missing out, or then panic and FOMO when a coin starts to rise suddenly and madly pile in but lose all their gains when people start to dump it and then they're left with a bad they overpaid for. 


Title: Re: Why people are happy only when the price goes up?
Post by: finaleshot2016 on July 10, 2020, 03:29:36 PM
Well, I guess I'm one of those you're referring to, investing even the bitcoin goes high or low. Only few people are getting success on that kind of mindset, they thought it's a stepping stone for getting rich but the reality is, it's not that easy like now. People are expecting another ATH or price pump but it still on $9k, It can't even resist the $10k and we need to wait for more months.

Being happy is already common especially those who invested a lot last year and waited for this bitcoin halving thingy. The majority of investors of bitcoin wanted to have a price pump, those who are unhappy, they did not grab the opportunity to invest at a low price.

From what I've seen, most people are into Bitcoin in order to make money instead of understanding its purpose in the mainstream world. As long as they can sell BTC for profit, nothing else matters. A very small portion of people actually care about using and understanding Bitcoin more thoroughly. Considering that human greed is unavoidable, we'll always see some people getting hyped when prices go all the way to the moon. When Bitcoin is facing "troubled times", you'll see most people whining because they've got into Bitcoin at higher prices. On the other side, there are buyers waiting for Bitcoin to go down the drain in order to obtain coins at a discount.

Personally, I wouldn't worry about price per coin on the market as long as Bitcoin works as intended. We will always have naysayers and long-term supporters of Bitcoin in crypto land. The more people buy Bitcoin, the higher the price per coin will be on the market. The same thing happens vice versa when more people sell their Bitcoin on the market. Some people will be happy about prices going up, while others won't. It's impossible to make all people happy regardless of market conditions (whenever good or bad). As long as you play your cards right, you'll be able to buy low and sell high. Only then, the effects of prices going up or down will have little to no effect over your mood. Same as you, I didn't grab the opportunity to invest at 2014's low prices. At least, it's better late than never. Just my thoughts ;D
Most of the people who use bitcoin is just wanted profit, it's true, the purpose of entering cryptocurrency is just for their own good. But I guess, it's better to know and understand cryptocurrency on its maximum peak so they can earn more by using the idea and knowledge. People are already on that opportunity, they already grab it but didn't hold for too long. If they just hold it longer, they can earn more than the usual profit they're gaining. We should know that knowledge, even it's a little, can be a profitable thing.

Same thing with me, I'll support bitcoin no matter what happens since I studied and acquired knowledge about it that after a downfall it'll come back stronger.


Title: Re: Why people are happy only when the price goes up?
Post by: kawetsriyanto on July 10, 2020, 04:18:04 PM
Because they only think of profit. They do not understand the benefits of lowering the price of Bitcoin. This increases the chances of investing more in Bitcoin.
Any other else more important for Bitcoin holders than profits? I think all Bitcoin holders will think of profits and many of them seem to dream instant profits or earning profits shortly. That's the reason why many of them talk more on rising the price. Yep, when you have bought some Bitcoins and you think it is more than enough, you only have one thing to do, it is waiting for the surge in price. So, it doesn't mean they don't understand that the decline in price is an advantage of buying more Bitcoins. But no one only buys bitcoins at any time, they must have time to stop and just waiting for the rise in price. Moreover, if you have limited funds to invest in Bitcoin.


Title: Re: Why people are happy only when the price goes up?
Post by: Leviathan.007 on July 10, 2020, 05:07:03 PM
Super epic question. In short words, there are psychological reasons for this. It's like many people HODL bitcoin for higher prices and they will will happy when they realize they can get some more money after selling their Bitcoins. But unfortunately, they won't consider a few things. For example, taking some more profit over they investments. That's just because people are mostly conservative about their money and whenever they see Bitcoin in lower prices, usually panic and simply get sad. Because they won't get the same amount of money after selling their Bitcoins.


Title: Re: Why people are happy only when the price goes up?
Post by: taufik123 on July 10, 2020, 05:45:56 PM
Super epic question. In short words, there are psychological reasons for this. It's like many people HODL bitcoin for higher prices and they will will happy when they realize they can get some more money after selling their Bitcoins. But unfortunately, they won't consider a few things. For example, taking some more profit over they investments. That's just because people are mostly conservative about their money and whenever they see Bitcoin in lower prices, usually panic and simply get sad. Because they won't get the same amount of money after selling their Bitcoins.
Yes you are right about psychological reasons that make people happy and sad when prices go up. People who already understand investing certainly already have a strategy for it. The profits they take when prices start to rise above the prices they buy will certainly be adjusted to the current state of the market. If there is a FOMO, it certainly becomes an opportunity to get more profit.

People who start panicking when prices fall past their purchase price certainly don't have good psychology. There should be a reserve of money that they have to make another purchase with an amount greater than the first purchase and that will save their capital, rather than having to throw away money by doing Cut Loss.


Title: Re: Why people are happy only when the price goes up?
Post by: Vatimins on July 10, 2020, 06:52:12 PM
     Main reason as to why is because their investments go high. Specially those who invested in etherium based tokens or any other coins that are new and emerging. This is mainly because when Bitcoin price goes up their shitcoins or if not, new good coins would get a lot of hype and go up in an  instant. Of course it is only possible if bitcoin continues to go up same as 2016-17.

     And yeah, there are also people who invest important funds to them into bitcoins without even testing the waters or taking the effort to learn more about this industry. Hence, they are furious when the price plummets.


Title: Re: Why people are happy only when the price goes up?
Post by: crustycrab666 on July 10, 2020, 09:05:39 PM
Because they only think of profit. They do not understand the benefits of lowering the price of Bitcoin. This increases the chances of investing more in Bitcoin. This is a great opportunity for new Bitcoin investors. However, for those who have bought Bitcoin at a very high price, it is actually a lot of sad news.
One of the important things before deciding to invest in that we understand what will be invested, including the ecosystem and the right strategy. If only affected by the news, it will only make us panic, FOMO, so it will not get optimal results. Crypto enthusiasts must have understood the dynamics of the market, rather than regretting falling prices, it would be a good opportunity to fill bags. But this depends on the results of the analysis, so we must understand the analysis techniques in order to determine the right timing.


Title: Re: Why people are happy only when the price goes up?
Post by: SiDtHeBeSt on July 10, 2020, 09:32:04 PM
Well its only natural for people to be happy when they see their investment becoming somewhat successful.  When the price goes down, the long time investors won't really care too much about that as it definitely would be going up again but this price drops makes new investors happy as they get to buy btc or any other altcoin at lower price. So you can't really say that 'people' are happy when the price goes up as it includes both 1. The people who have invested in bitcoins since a long time and 2. The people who wanted to invest in btc and were waiting for the price to go down, the latter would be happy in this situation.


Title: Re: Why people are happy only when the price goes up?
Post by: Chris Barth on July 10, 2020, 11:59:44 PM
If we are to be realistic here, we'll realise that whether the price comes up or down, someone somewhere is always happy. If it goes down, the happy buyer shouts "buy buy buy", if it goes up, the hodler sings "gain time!". We just choose to see it like there's no advantage to them dips


Title: Re: Why people are happy only when the price goes up?
Post by: Heart18 on July 11, 2020, 12:01:36 AM
If we have plenty of holdings, we will be happy if the price will goes up because we will get more profits on it. But, everyone should consider that Bitcoin's up and down movement in the market are both important to all traders and investors in Cryptoworld. We can definitely benefit from both as long as we have enough knowledge in doing so.


Title: Re: Why people are happy only when the price goes up?
Post by: LogitechMouse on July 11, 2020, 01:26:39 AM
Its already a nature for us people to be happy when we are in a profit. Who fucking wants to lose their money :D. I know that there are some traders who incur some losses but it is part of the game and as much as possible they are avoiding it.

Being happy when a good thing happen is our nature already and it is quite normal to see people happy especially those who are traders when they see their money growing in a short amount of time :D.
Anybody here who wants to be happy when the price goes down?? Maybe those who want to accumulate more :D.


Title: Re: Why people are happy only when the price goes up?
Post by: FlightyPouch on July 11, 2020, 01:33:46 AM
Because they only think of profit. They do not understand the benefits of lowering the price of Bitcoin. This increases the chances of investing more in Bitcoin. This is a great opportunity for new Bitcoin investors. However, for those who have bought Bitcoin at a very high price, it is actually a lot of sad news.

Well, we can't really remove that thought to people since most of us here wanted to earn from it. It is more of an asset and not a currency, to be honest. You can't blame them but still, they should be able to understand the fact of what you are saying. We can't really control the market so they should be able to adapt to the sudden changes.

Also, who would be having fun when you are losing, right? It is inevitable in the market but still, you are losing that won't make anyone happy especially those that invested at the wrong time.


Title: Re: Why people are happy only when the price goes up?
Post by: TitanGEL on July 11, 2020, 01:35:58 AM
That is not true, remember that there are also trader who are doing short positions where they are buyung high and selling it low. Short positions trader are happy when the price is going down because that is the way they make money. Do not conclude that everyone is happy when the price is going up especially because we have different goals. I believe that there is some investors out there who wants to see the price of the bitcoin to go down because they want to accumulate more in a cheap price.


Title: Re: Why people are happy only when the price goes up?
Post by: Salauddin1994 on July 11, 2020, 05:27:26 AM
Every trader works to meet their specific goal they all know that investing in Bitcoin can give them high profits so everyone can double their investment by investing in Bitcoin with less capital so people are happy if only the price goes up. But many later became frustrated again but decentralized crypto market prices are not stable. We have to wait patiently for the price to go up.


Title: Re: Why people are happy only when the price goes up?
Post by: UserU on July 11, 2020, 05:30:03 AM
Remember, it's all a zero-sum game. Whoever wins, the other side loses.

After all, willing buyer willing seller ;D


Title: Re: Why people are happy only when the price goes up?
Post by: Kabul on July 11, 2020, 05:41:16 AM
As someone who doesn't have Bitcoin in my wallet, I always hope that Bitcoin's price (as well as other Altcoins) goes down. The reason is that when the price gets lower, I can actually buy the coins and start to store it. I really believe in Bitcoin's strength, the price will go up again in the future, especially in this time when Bitcoin is still the #1 cryptocurrency while not so many other currencies can actually replace it and gain much belief as Bitcoin had done.


Title: Re: Why people are happy only when the price goes up?
Post by: Rlyn on July 11, 2020, 05:46:23 AM
We are all happy when Bitcoin rises its value especially when you are a bitcoin holder. But to answer this one, I think because they see that all their hard work is being paid off. They gain profit the way they expected it.


Title: Re: Why people are happy only when the price goes up?
Post by: nicko122 on July 11, 2020, 08:14:16 AM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)

Those who want to sell coins are happy, and those who want to buy are happy when the price drops :) It should be so. It's just a psychology, everyone is happy when bitcoin becomes more expensive, but those who trade it on an ongoing basis perceive this as usual ;) Depends on what goal you are currently pursuing, selling or buying.


Title: Re: Why people are happy only when the price goes up?
Post by: christhemaner on July 12, 2020, 09:09:16 AM
When the price falls heavily this is a good chance for beginners to start holding bitcoin. Usually after this, the price rises again.


Title: Re: Why people are happy only when the price goes up?
Post by: Ewox on July 12, 2020, 01:33:03 PM
I think most of these people who are happy to see Bitcoin going up are those who have hodled their Bitcoin for a long time. Of course who wouldn't want to see Bitcoins' price go up. But I think it's fair that some would want it to go down so they can buy them at a much lower price/rate.


Title: Re: Why people are happy only when the price goes up?
Post by: Tahsin Kabir Kollol on July 12, 2020, 04:03:20 PM
People are always happy when they see market prices rising because investors buy different coins and hold to sell them after a pump. Moreover, if the market price starts to rise, there is a possibility of profit by trading and the market investors and the market volume is much higher at this time. So when the price goes up, then people's hopes also increase about cryptocurrency and that is why all people become happy.


Title: Re: Why people are happy only when the price goes up?
Post by: Blackrain13 on July 12, 2020, 05:12:30 PM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)

No,not all people are happy when the price go up ,it depends on their holdings. Other people needs a lower value in order to buy and full their bags. That's why everything is depends on the situation of the people. If your going to sell your bitcoin then of course you are happy to see that price are increasing but if you want to buy of course you will become happy if the price drop down.


Title: Re: Why people are happy only when the price goes up?
Post by: Axelseseclevz on July 12, 2020, 07:02:51 PM
If someone has a lot of coins to sell ,he need the price to go up but if he doesn't have anything in his wallet then do you think he will become happy if the price increased? I think he does not care whether the price goes up or down.


Title: Re: Why people are happy only when the price goes up?
Post by: carlfebz2 on July 12, 2020, 07:52:15 PM
As someone who doesn't have Bitcoin in my wallet, I always hope that Bitcoin's price (as well as other Altcoins) goes down. The reason is that when the price gets lower, I can actually buy the coins and start to store it. I really believe in Bitcoin's strength, the price will go up again in the future, especially in this time when Bitcoin is still the #1 cryptocurrency while not so many other currencies can actually replace it and gain much belief as Bitcoin had done.
First, when it comes to replacement or some sort of thing then we know that nothing do last forever and everything can really be replaced on the spot but for now on it current performance or support then we can actually tell that it would really takes time or even say that its nearly impossible for it to happen.

When it comes to chances on buying cheap coins then it isnt really necessary that you would really wait up for dumps since if you do come after for long term holds
then buying out whats price it is wont really be that much of a concern.Unless if you do aim for shorter time frames then waiting up for the right time
of entry would be your tempo.


Title: Re: Why people are happy only when the price goes up?
Post by: danggoron on July 12, 2020, 08:22:23 PM
~Being happy when a good thing happen is our nature already and it is quite normal to see people happy especially those who are traders when they see their money growing in a short amount of time :D.
Anybody here who wants to be happy when the price goes down?? Maybe those who want to accumulate more :D.
All things in this world must have two opposing sides. Just like when the price of BTC or other altcoins goes up, surely the initial investors and holders who have saved it or bought it at a cheaper price will be very happy to see their assets grow, on the other hand, for people who doubt or don't have the chance to buy BTC and other altcoins, definitely sorry and disappointed because they were late.

Likewise, when prices go down, those who want to have BTC or altcoin at lower prices will definitely like this, to be saved as an investment. The opposite is true for those whose assets have decreased in value. Well, price increases and decreases are normal, as we know that cryptocurrency is very volatile. Increase and decrease in prices can be a good opportunity if we are able to implement the right strategy. the important thing is to do an analysis.


Title: Re: Why people are happy only when the price goes up?
Post by: ChiBitCTy on July 12, 2020, 09:26:21 PM
I don't think this is the case at all.  Most people I know whom are in to cryptocurrency and or bitcoin are happy when prices go down because they believe in the underlying currency and it's long term outlook. There for price going down equals a good buying opp for them.


Title: Re: Why people are happy only when the price goes up?
Post by: rathaha10 on July 12, 2020, 10:07:01 PM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)


Every one is always happy when price keeps going up especially during a bull market condition because you will always make profit even if you got into the trade late due to  the coin keeping an increasing price movements. People who wants price to reduce are those who are looking for opportunities to buy more but any sane person that has already bought will always hope for continous price increase and it is super normal


Title: Re: Why people are happy only when the price goes up?
Post by: Zionatin on July 12, 2020, 10:51:18 PM
Because people are idiots and don't see the big picture. They think only from their side and for the short term. They don't realize that bitcoin dropping can be benefitial for us. If it never drops we cannot "buy low sell high" as much. I prefer the bitcoin roller coaster to fiat which loses its value each day and never goes up in value.


Title: Re: Why people are happy only when the price goes up?
Post by: ChronoLite on July 12, 2020, 11:27:53 PM
it's always come with 2 possibilities:
1. bitcoin goes down, if this case happens that most of the holders that are holding their coins are definitely happy about this because they can sell their coins for profit. but for those who wants to buy are not happy and not ready to buy because of pump.
2. bitcoin goes up, if this case happens then buyers are really happy because they can buy bitcoins cheaper but for holders are not happy in this case because they have to wait to sell their coins for profit.

it always have pros and cons when it comes to these scenarios


Title: Re: Why people are happy only when the price goes up?
Post by: The cure on July 12, 2020, 11:57:06 PM
For those who want to sell their hodling bitcoin of course they're happy when the price goes up, but for those who want to start and want to buy bitcoin the're not happy and still wait for the price drop.


Title: Re: Why people are happy only when the price goes up?
Post by: Sadlife on July 13, 2020, 12:08:05 AM
Probably if you're really invested in Bitcoin in a long perspective you shouldn't worry if the price goes down because it's only temporary and only in the short term. But rather convert it as an opportunity to buy more.
I dont get affected by the wild swings it does, because i know it's completely normal for a decentralize asset when its still developing.


Title: Re: Why people are happy only when the price goes up?
Post by: bithisach on July 13, 2020, 02:11:17 AM
Probably if you're really invested in Bitcoin in a long perspective you shouldn't worry if the price goes down because it's only temporary and only in the short term. But rather convert it as an opportunity to buy more.
I dont get affected by the wild swings it does, because i know it's completely normal for a decentralize asset when its still developing.

Yeah it's more of a perspective thing. If you're only recently got on the bitcoin train, it's understandable you only cheer on the high prices. If you got on the bitcoin train long ago, you probably don't care enough to correct people deciding to jump ship, you might actually even be the one buying the bitcoins off of their hands. So it's beneficial to you in a way for them to sell.


Title: Re: Why people are happy only when the price goes up?
Post by: carlisle1 on July 13, 2020, 02:35:51 AM
Probably if you're really invested in Bitcoin in a long perspective you shouldn't worry if the price goes down because it's only temporary and only in the short term. But rather convert it as an opportunity to buy more.
I dont get affected by the wild swings it does, because i know it's completely normal for a decentralize asset when its still developing.

Yeah it's more of a perspective thing. If you're only recently got on the bitcoin train, it's understandable you only cheer on the high prices. If you got on the bitcoin train long ago, you probably don't care enough to correct people deciding to jump ship, you might actually even be the one buying the bitcoins off of their hands. So it's beneficial to you in a way for them to sell.
Actually it is the other way around mate,If you are old timer here You are much concern when the price of Bitcoin is falling
down because in such way we took advantage and buying more,this is the perspective cryptonians has when the market
is breaking down at a chances.

and also being a Holding we have already our target time or amount before considering selling our assets again and until
 we reach those that is the only reason why we will be only much concern in market pumping.
For those who want to sell their hodling bitcoin of course they're happy when the price goes up, but for those who want to start and want to buy bitcoin the're not happy and still wait for the price drop.
There is a certain time for that and not happening everytime the price of Bitcoin goes up because thise happens thousand times in a year so if we will make serious each pump then we can call ourselves as day traders.


Title: Re: Why people are happy only when the price goes up?
Post by: DabsPoorVersion on July 13, 2020, 03:55:27 AM
If you belong to those people who invested in bitcoin at a lower value, then it is normal for you to be happy when the price goes up.

Those people are happy when the price goes up because they can finally sell their investment after making a profit. Those are the buyers in the dip that you are talking about, they bought their investment when the price is low, they bought as many as they can.


Title: Re: Why people are happy only when the price goes up?
Post by: Savemore on July 13, 2020, 08:01:05 AM
If you belong to those people who invested in bitcoin at a lower value, then it is normal for you to be happy when the price goes up.

Those people are happy when the price goes up because they can finally sell their investment after making a profit. Those are the buyers in the dip that you are talking about, they bought their investment when the price is low, they bought as many as they can.
It is simple, of course they are happy whenever they have position of bitcoin because they make profit but whenever the price goes down of course they are not happy anymore because of the losses. But not all of the traders are happy whenever the price goes up, I also do shorting where I can make profit if the price is going down. Of course I will be happy when the price goes down whenever I'm in short position.


Title: Re: Why people are happy only when the price goes up?
Post by: Zyxel52 on July 13, 2020, 09:44:07 AM
Do I understand correctly? If BTC is low cost, we can buy it also by lower price? good news


Title: Re: Why people are happy only when the price goes up?
Post by: slapper on July 13, 2020, 10:18:46 AM
Well, people do want bitcoin prices to go up. So they said what others want to hear. But I guess they also save their money in case bitcoin price goes down in order to collect more and more bitcoin.

Actually, whales are the ones who control everything in the market and they do want the price to get somewhere lower so that they can buy more and more. And once they have collected enough bitcoin, they will create a big FOMO in order to push the price up. They dont need to talk too much to generate their capital. The fewer words they said, the more money they have. People who boast around about bitcoin and its price are those who dont have much money


Title: Re: Why people are happy only when the price goes up?
Post by: Mor254 on July 13, 2020, 10:35:14 AM
People who store large quantities of bitcoin will surely rejoice at the high price of bitcoin. Everyone depends on fluctuations in the price of bitcoin in order to achieve profits. As for people who do not have many currencies, they will be happier when the price falls so that they can buy bitcoin at a cheap price and store it


Title: Re: Why people are happy only when the price goes up?
Post by: Macy Jones on July 13, 2020, 11:00:48 AM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)

People who are holding bitcoin will earn profits when it's price increases. So it is normal for them to be happy.


Title: Re: Why people are happy only when the price goes up?
Post by: Arun729 on July 13, 2020, 11:10:06 AM
true there are lot of peoples happy when the price goes up because they are having BTCs and anyone would be happy if their prices hikes no one would be loving when theyrb  BTCs are less worth


Title: Re: Why people are happy only when the price goes up?
Post by: Eugenar on July 13, 2020, 02:12:59 PM
If you know things about cryptocurrency, you will know how good when bicoin price goes high, every bitcoin are hoping that bitcoin will go high because they will earn a lot of money with that, trading is so active when the price of the bitcoin goes high because they will earn through buying and selling their assets. Investment is also good because once they invested when the price of the bitcoin is low they will earn money when the price of bitcoin goes high, that is why bitcoin halving is the much-awaited event of cryptocurrency. If you really want to feel that way, you should keep learning and gain knowledge about cryptocurrency.


Title: Re: Why people are happy only when the price goes up?
Post by: Swordsoffreedom on July 13, 2020, 06:12:16 PM
~
It is simple, of course they are happy whenever they have position of bitcoin because they make profit but whenever the price goes down of course they are not happy anymore because of the losses. But not all of the traders are happy whenever the price goes up, I also do shorting where I can make profit if the price is going down. Of course I will be happy when the price goes down whenever I'm in short position.

I agree with you. happiness depends on people and their purposes. those people who wanna buy Bitcoin, they will always be happy when Bitcoin's price is going down sartainly. because if bitcoin's price will be going down they will buy more Bitcoin on their budget. on the other hands who alredy invested on Bitcoin they will be happy when Bitcoin's price goes up. because if the price will bw increased they will be able to make more profit.


Title: Re: Why people are happy only when the price goes up?
Post by: Kayj55 on July 13, 2020, 08:57:12 PM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)

Not everyone is happy when the price goes up, actually some people are waiting for a price drop to buy and make more profit. Only holders most of the time are happy when price goes up


Title: Re: Why people are happy only when the price goes up?
Post by: Kayj55 on July 13, 2020, 09:01:44 PM
Not everyone is happy when price goes up, some people are waiting for a price drop to buy and make more profit. Actually only holders at the time of a bull run are happy.


Title: Re: Why people are happy only when the price goes up?
Post by: carlfebz2 on July 13, 2020, 09:32:25 PM
~
It is simple, of course they are happy whenever they have position of bitcoin because they make profit but whenever the price goes down of course they are not happy anymore because of the losses. But not all of the traders are happy whenever the price goes up, I also do shorting where I can make profit if the price is going down. Of course I will be happy when the price goes down whenever I'm in short position.

I agree with you. happiness depends on people and their purposes. those people who wanna buy Bitcoin, they will always be happy when Bitcoin's price is going down sartainly. because if bitcoin's price will be going down they will buy more Bitcoin on their budget. on the other hands who alredy invested on Bitcoin they will be happy when Bitcoin's price goes up. because if the price will bw increased they will be able to make more profit.

Who would be the one wont be happy when theres a price increase? This isnt only limited to Bitcoin but in all sorts of investments that we can involved on.

Happiness is on when we do meet up our expectation or goals neither either buying on cheap price or selling it out when the price is high.

It all varies because not all will have the same target in mind on how they do accumulate and on how they do sell-off.


Title: Re: Why people are happy only when the price goes up?
Post by: Moyna Akter on July 14, 2020, 06:17:30 AM
Most people are happy when the market goes up but not everyone. Investors who buy Bitcoin and other cryptocurrencies to sell at a higher price should be happy to see the price go up. Moreover, when the market price increases, the chances of making a profit by trading increase and the market volume is relatively high which creates a conducive environment for traders to trade. But it is also a source of frustration for those who have sold their assets at a low price or are too late to invest.


Title: Re: Why people are happy only when the price goes up?
Post by: Rodeo02 on July 14, 2020, 06:22:29 AM
Not everyone is happy when price goes up, some people are waiting for a price drop to buy and make more profit. Actually only holders at the time of a bull run are happy.

you are right not everyone , the only happy persons when the price of bitcoin increase is those persons who want to take profit and have their own interest of gains.

But if you  are a real traders when the price is lower or when bitcoin price dump, you will also feel happy because its the time what traders is waiting so they can buy more coins to store and sell it again when price increase that how traders think.


Title: Re: Why people are happy only when the price goes up?
Post by: kartel616 on July 14, 2020, 06:22:38 AM
which people? those who are happy the price rises are definitely bitcoin holders, but not all are happy that prices are rising. Some traders expect prices to fall, especially now that there are already margin or futures trades that allow traders to open short positions so that the price goes down the more profit they can get


Title: Re: Why people are happy only when the price goes up?
Post by: ttcsalam on July 14, 2020, 10:22:09 AM
Those who have invested are only happy when the price goes up.Those who are thinking of investing without it want the price to go down.This is a wonderful thing indeed.However, the price does not always bring the benefits of aging.At the present time, if the price of Bitcoin increases, the price of Alter Coin will decrease drastically.


Title: Re: Why people are happy only when the price goes up?
Post by: South Park on July 14, 2020, 03:52:15 PM
Its already a nature for us people to be happy when we are in a profit. Who fucking wants to lose their money :D. I know that there are some traders who incur some losses but it is part of the game and as much as possible they are avoiding it.

Being happy when a good thing happen is our nature already and it is quite normal to see people happy especially those who are traders when they see their money growing in a short amount of time :D.
Anybody here who wants to be happy when the price goes down?? Maybe those who want to accumulate more :D.
If you short bitcoin then you can be happy when the price goes down as you are earning money in the process, however shorting bitcoin is incredibly risky because as we know bitcoin can skyrocket out of nowhere and if you are holding a short position using leverage you could lose all your capital if you are not careful, however most of the people that are interested in bitcoin are going long and as such they expect the prices to go up in order to obtain some profits in the process, because as you say no one is interested in investing in something just to lose money.


Title: Re: Why people are happy only when the price goes up?
Post by: Daniterse on July 14, 2020, 03:56:47 PM
When the price raise it is a good way to earn money for tokens holding. It is not necessary to trade, you earn money on raise of the rate just on holding cryptocurrency.


Title: Re: Why people are happy only when the price goes up?
Post by: AjithBtc on July 14, 2020, 04:07:30 PM
When one experience the investment amount increasing in value based on the price move of bitcoin, automatically he/she'll be happier. Bitcoin grows high as well as drops low. Most of the time people buy at the lower price and keeps holding until it reaches some target value. Another thing the expectation over bitcoin in terms of growth happened once after bitcoin reached its ath. This mentality will change as market keeps stabilizing with time.


Title: Re: Why people are happy only when the price goes up?
Post by: rexxarofmoknathal on July 14, 2020, 04:13:04 PM
Do I understand correctly? If BTC is low cost, we can buy it also by lower price? good news

Yes, this is correct indeed!

However, for the current holders of tokens seeing a rise in the market price is usually a good thing because their token value increases. The same effect can be extrapolated to the entire crypto market because a price surge means growth in the market. This encourages new investors, while the existing investors gain more value for their investments. It also drives demand, which is directly proportional to the price.


Title: Re: Why people are happy only when the price goes up?
Post by: k@suy on July 14, 2020, 04:47:52 PM
Do I understand correctly? If BTC is low cost, we can buy it also by lower price? good news

Yes, this is correct indeed!

However, for the current holders of tokens seeing a rise in the market price is usually a good thing because their token value increases. The same effect can be extrapolated to the entire crypto market because a price surge means growth in the market. This encourages new investors, while the existing investors gain more value for their investments. It also drives demand, which is directly proportional to the price.
Yep indeed that's right. I am also one of those who's hoarding coins right now because I am looking forward for the bull run and halving that's why I am keeping my coins. When I heard the news about halving this year I am really happy because I have a lot of coins to sell for a better price and I can shout this line "it's payback time!" if that will really happen.


Title: Re: Why people are happy only when the price goes up?
Post by: jaberwock on July 18, 2020, 02:48:32 PM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)
It’s in human, we only want to be making more and more and we don’t want to lose. They will hardly accept loss.
Well, this I cryptocurrency and you must accept that it’s not all the time you will be making profit. No, it must not work that way.

There can’t be increase without decrease, it’s that decrease that makes everything to make sense when it starts increasing. If you don’t want that, then you will have to choose stable assets where you will neither get profit or loss.


Title: Re: Why people are happy only when the price goes up?
Post by: Abiky on July 23, 2020, 02:40:04 AM
If you belong to those people who invested in bitcoin at a lower value, then it is normal for you to be happy when the price goes up.

Those people are happy when the price goes up because they can finally sell their investment after making a profit. Those are the buyers in the dip that you are talking about, they bought their investment when the price is low, they bought as many as they can.

That's certainly true, mate. People who've invested when Bitcoin had lower prices, are now eager to see higher prices on the market. The same way, people who got into Bitcoin at high prices will want to buy more coins at a discount. It's the natural way of the market, as people either hunt Bitcoin for profit or all the other way around. What matters is not the price per coin, but rather its utility in the mainstream world. So far, Bitcoin has been useful as a decentralized and censorship resistant cryptocurrency that's outside the scope of governments and other third-parties. No one can determine the future direction of your funds, except yourself. Having full control over your own money brings its benefits with it. That's not possible with Fiat, as it's subject to the manipulation of central banks and governments worldwide.

As long as you value Bitcoin based on its utility rather than price, you'll have nothing to worry about. 1 Bitcoin will always be equal to 1 Bitcoin no matter what. Most people believe they'll get rich quick with Bitcoin, focusing on profits instead of use cases for the mainstream world. Only a small number of crypto enthusiasts will use Bitcoin regardless of its current price on the market. It's up to you to determine what you want to do with your Bitcoin, whenever you'd want to sell it for profit or buy more and use it to contribute towards the decentralized economy. Just my thoughts ;D


Title: Re: Why people are happy only when the price goes up?
Post by: mandor on July 23, 2020, 10:35:38 AM
the answer is very simple, when the price of Bitcoin rises high, the price of the coins we store in our wallets will also go up high, including useless junk coins may also will to increase. although some are unhappy because the price of Bitcoin is rising but they can also take advantage of opportunities such as selling and waiting to buy when there is a decline.


Title: Re: Why people are happy only when the price goes up?
Post by: qory on July 23, 2020, 12:16:28 PM
Many people will be happy when seeing bitcoin or altcioin price going up, they will use moment how to get much profit with bitcoin and altcoin.
Always moment waiting for many traders when getting bitcoin on higher price, give dominance for altcoin to allow how altcoin could growing up too, maybe depend how trader make altcoin dominance than bitcoin and give solution how to take much profit with market looking green.


Title: Re: Why people are happy only when the price goes up?
Post by: Findingnemo on July 23, 2020, 01:47:23 PM
If you closely watch the WO thread then you can find the people who are real enthusiasts of cryptos not just for the price, they just say it as another day even when the value of bitcoin gets dumped very huge.But its common right people who bought the bitcoins at higher prices can't be happy if they watch the price of their asset goes down.


Title: Re: Why people are happy only when the price goes up?
Post by: kotajikikox on July 23, 2020, 02:11:34 PM
If you closely watch the WO thread then you can find the people who are real enthusiasts of cryptos not just for the price, they just say it as another day even when the value of bitcoin gets dumped very huge.But its common right people who bought the bitcoins at higher prices can't be happy if they watch the price of their asset goes down.
WO thread is for Bitcoin Enthusiast meaning almost all the people posted there are expecting either Bitcoin to Grow high so they can sell,or Bitcoin price to down low so they can purchase again,this is how market goes.

But about why people are happy only when price is UP?you are wrong because i can be happy when the price going down as well and i already proved that after buying again  last march when the market really falls badly.


Title: Re: Why people are happy only when the price goes up?
Post by: radjie on July 23, 2020, 05:25:03 PM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)

most people would expect that kind of thing, when there is an increase in market prices of course he immediately sells it to get a profit, and try to wait for the decline to occur again to be able to buy more coins that he will hold later. Long-term traders certainly expect an increase to occur and he will feel happy if the sales target is achieved


Title: Re: Why people are happy only when the price goes up?
Post by: Oyarebu on July 23, 2020, 08:44:57 PM
the answer is very simple, when the price of Bitcoin rises high, the price of the coins we store in our wallets will also go up high, including useless junk coins may also will to increase. although some are unhappy because the price of Bitcoin is rising but they can also take advantage of opportunities such as selling and waiting to buy when there is a decline.
That's for those who bought when the price was pretty low, they are always happy for this reasons because when the price rise above their bought level they have already acquire some good profit. Though, there are many others who don't find happiness whenever the price of Bitcoin rise, until it rise above their bought level. Those sects will keep on shilling bitcoin till it exceed their bought level.


Title: Re: Why people are happy only when the price goes up?
Post by: TIDOVEE on July 24, 2020, 05:15:40 AM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)


See you, you want the price down so you can keep buying, so what have you been doing all this while and how long do you want to keep it down for your buying. After all your buying won't you later sell! Oh, you are already rich.A whole 3 years of buying is not ok. We need this thing to go up so we can sell the hodl coin. Some people have never even enjoyed bitcoin.mind you, the volatility is there to favour both buyer and sellers.


Title: Re: Why people are happy only when the price goes up?
Post by: finaleshot2016 on July 24, 2020, 05:26:39 AM
the answer is very simple, when the price of Bitcoin rises high, the price of the coins we store in our wallets will also go up high, including useless junk coins may also will to increase. although some are unhappy because the price of Bitcoin is rising but they can also take advantage of opportunities such as selling and waiting to buy when there is a decline.
That's for those who bought when the price was pretty low, they are always happy for this reasons because when the price rise above their bought level they have already acquire some good profit. Though, there are many others who don't find happiness whenever the price of Bitcoin rise, until it rise above their bought level. Those sects will keep on shilling bitcoin till it exceed their bought level.
There's a lot of opportunity last march where you can buy a lot of bitcoin because the price is too low. Now that the bitcoin price value go up, they wanted a decrease for them to buy, it's kinda unfair for those who waited for almost many months just for the bitcoin to go up. If they missed the chance to buy when there's an opportunity, then it's not our fault if we want to the bitcoin price to go up 'cause we waited so much time after the bitcoin halving and we are currently waiting for the 10k-11k$ mark.


Title: Re: Why people are happy only when the price goes up?
Post by: Findingnemo on July 24, 2020, 06:44:15 AM
If you closely watch the WO thread then you can find the people who are real enthusiasts of cryptos not just for the price, they just say it as another day even when the value of bitcoin gets dumped very huge.But its common right people who bought the bitcoins at higher prices can't be happy if they watch the price of their asset goes down.
WO thread is for Bitcoin Enthusiast meaning almost all the people posted there are expecting either Bitcoin to Grow high so they can sell,or Bitcoin price to down low so they can purchase again,this is how market goes.

But about why people are happy only when price is UP?you are wrong because i can be happy when the price going down as well and i already proved that after buying again  last march when the market really falls badly.
WO thread its not all about pricing, I spend lot of time there even I wear the hat as WO community even if I am not posting much there but still I love to read the replies there.Most of the posts made about the prices are from newbies but the real members are like its okay if prices fell down or raise they keep discussing about lot other things in crypto space not only about price.


Title: Re: Why people are happy only when the price goes up?
Post by: ufaiz50 on July 24, 2020, 09:33:43 AM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)

If they expect the value to go down and then buy in large quantities, surely they will not announce it in the media because it is personal consumption. imagine if they announced it then it could have caused prices to explode. Besides, why when the price of bitcoin rises, many people feel happy, because it is a testament to the trust of users for crypto. That way, there will be many people who see bitcoin and support cryptocurrency, there are no hidden politics and strategies in that condition.


Title: Re: Why people are happy only when the price goes up?
Post by: Gotumoot on July 24, 2020, 10:43:47 AM
Why wouldn't they be happy about it when they get a profit? Everyone would be happy when they earned something from their investment.
Everyone have their own happiness just like what OP have mention there some people who are also happy when the price goes down they are the one's who wants to invest.


Title: Re: Why people are happy only when the price goes up?
Post by: Rafiqul on July 24, 2020, 03:31:37 PM
I don't think it's right for everyone to be happy when the price of Bitcoin goes up. Those who have invested in Bitcoin at the moment are happy, because they can get more out of their investment; And those who want to invest in Bitcoin are not happy, because they can not buy a large amount of Bitcoin with their capital. Although not a holder, I personally would be happy if the price of Bitcoin increased. I think the rise and fall of Bitcoin prices affects the whole crypto world.


Title: Re: Why people are happy only when the price goes up?
Post by: darewaller on July 24, 2020, 03:57:19 PM
Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  ::)
When the price of Bitcoin increases, it’s normal for people to be excited as long as they invested at the right time and making profit, it’s just normal. Nobody would be angry when they are making profit. Then everyone should always know what they can take, when the money you are buying with is an amount that you wouldn’t bother with if there happens to be loss, you won’t have problem with all these things and you will be able to have the level of patience it takes till the price goes up.

Just last two days bitcoin market is doing well and I believe all holders must be happy about that but we are all expecting bitcoin market to break the tougher psychological levels around $10,500 but market is not getting that much potential to pass that levels so that could be one reason why people are not happier as of now.


Title: Re: Why people are happy only when the price goes up?
Post by: shamimal93 on July 26, 2020, 06:42:08 PM
Yes it is true that when the price of bitcoin goes up one class of people are very happy because they have a lot of bitcoin deposits. They will benefit a lot if the price goes up. On the other hand, there are some people who want to buy Bitcoin but they can't because of the high price. They may have planned that if the price goes down they will store some bitcoin so they will be happy if the price of bitcoin goes down. Honestly, I also want the price of Bitcoin to increase and the price to increase and Bitcoin to be stable.