Title: Why people are buying when the price is going up and not when it is down Post by: mr.smith on July 30, 2020, 09:08:19 AM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ???
Title: Re: Why people are buying when the price is going up and not when it is down Post by: btcltcdigger on July 30, 2020, 09:29:16 AM Answer is simple: Most people are clueless :D
The thing is, most people don't know about TA and stuff surrounding it, or just don't have time to follow it. So they go about their daily business, and see a coin/token appreciating on some exchange, then they get a sudden urge of FOMO and they buy, thinking the token/coin is going places. More often than not, they get in too late, and it starts falling down, causing losses. The correct way would be, pick half a dozen projects which look interesting, and follow them. Follow the news, and read around. Fact is, there's many indicators when some coin might go up netting you a nice profit Title: Re: Why people are buying when the price is going up and not when it is down Post by: Teraboy on July 30, 2020, 09:40:17 AM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? They were following their emotional but not their analyzation. This is always happening so many times especially for newbies caused by the newbies will always do this. They were emotionally buying it when it was getting pump or panic buy. Title: Re: Why people are buying when the price is going up and not when it is down Post by: ancafe on July 30, 2020, 09:42:10 AM doubt. for example today, many people feel that the price of crypto will rise again to a higher level. however, some people feel that current prices are high enough and are waiting for a decline. when prices went up a few percents, they realized that a little while ago was the right time to buy coins. it makes their beliefs come back, and buys the coins they target in the hope that a subsequent price increase will occur.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: ife2020 on July 30, 2020, 10:39:56 AM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? Well, this falls align well, remember that there are two types of buyers in the crypto currency space; the bear buyers / investors or perhaps the bull buyers / investors. And also there are always different reasons to buy, You could buy a green candle with the opportunity to join the green journey and take out quick profits on the short run; while you could be a new investor stocking up for a even longer future. When it comes to buying the dip; it involves core research functions with a detailed expectant result in a coming week, or weeks; except you buy and hope; investing is such an interesting hurdle. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Cnut237 on July 30, 2020, 10:42:54 AM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? It depends a lot on knowledge level. If someone doesn't know why a coin is rising, they might buy in so that they can then sell quickly and make a profit. If they don't know why a coin is falling, they will stay away in the expectation it will fall further. But if a coin is falling, and someone understands what is causing the fall, and from an analysis of the underlying merits and strengths of the project they understand that the coin will rise again in future, they will buy and use this as a cheap accumulation phase. "Buy when the price is falling, sell when it's rising" isn't always a good idea... it depends on the individual's assessment of the reasons for the price movement and the accuracy of their prediction of how the price may change in future. Title: Re: Why people are buying when the price is going up and not when it is down Post by: wmaurik on July 30, 2020, 12:02:04 PM most of them only chase short profits, some I think are crypto arbiter, and in my experience buying a rising coin is more profitable than buying when going down because if you choose wrong and buy it. Instead, our portfolio will decrease further.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: kingzpro on July 30, 2020, 12:20:35 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? Usually people like to wait for confirmation and that is why they enter after seeing the momentum. Yes the ideal thing is to fill the bag while the price dumps badly especially if the coin is really solid but everyone has different strategy and believe me many will start buying after the coin breaks the previous high levels which seems like a high risk strategy to me.Title: Re: Why people are buying when the price is going up and not when it is down Post by: blue_hurricanger on July 30, 2020, 07:05:48 PM Mostly because of the FOMO or short term traders who think they could earn a bit from its uptrend before it falling down. To be honest, anyone doing need to understand the risk or else, you will have to become a really long term holder if they bought it when it at ATH and fail to pull out.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: 103deltafox on July 30, 2020, 07:21:23 PM Funny right? Well it will continue like that because most times emotions are involved,when a coin is down most people fear instead of maximizing the dip,once they see it going back up,you see them chasing a pumped token,I think there is no need to chase s token that is pumped already,search for a good coin and invest in and ride with it to the greens.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Galley on July 30, 2020, 07:39:46 PM Everyone has their own buying strategy. You can successfully catch the moment of growth and make money on it. And you can buy when it falls and go even lower, and it is not known how long it will be when there will be growth. Here you can’t say for sure which is better, everyone decides for himself.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Icologies on July 30, 2020, 07:53:26 PM in my opinion many are buying when prices go up because of trends if the increase has not reached the maximum then the price of the coin can go up again, I see the maximum increase has not occurred in ethereum and most likely the etehreum will rise again
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Upgate on July 30, 2020, 08:53:09 PM People intend to buy when the price is high because they don't want to miss the opportunity if the price increase more. Nobody want to miss the golden opportunity (fomo). Case study is bitcoin.
The opposite happens when a price of a token goes down, people tends to loose faith in it, thinking that it's gradually fading away to dust. They end up being discouraged not to buy because it's getting low. They can't ascertain what the future holds for that token again Title: Re: Why people are buying when the price is going up and not when it is down Post by: iv4n on July 30, 2020, 09:06:31 PM They get carried away by hype, it's how it goes. Most people don't have patience for their investments, so they jump out from one investment to another, but they don't understand that when it's hype it's already too late, while you buying others are cashing out.
I don't have some special advice for people, you need to know your positions before something happens. If you miss it, let it go and wait for next train, rushing can put you in trouble. Title: Re: Why people are buying when the price is going up and not when it is down Post by: kopisusu on July 30, 2020, 09:35:42 PM they only do that to get short-term profits or they don't know analyzing the market so that when they join the bull run, smart people must have bought some time ago when prices were still cheap
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Twinkledoe on July 30, 2020, 09:56:24 PM No one want to be left out when the bull run is her. Each and everyone is trying to make something out of this season. Although some are novice and they cannot differentiate between good project and bad project. Many just jump at any FOMO. They thought also that the rise will continue so when the price is going up they want to be in before the price skyrockets. That's their hope anyway. But this is not true to most alts as sometimes the pump is done by the team themselves to attract traders, so once they got their money, the dump is forthcoming. And that part sometimes is not foreseen by the traders who bought the coin. Title: Re: Why people are buying when the price is going up and not when it is down Post by: livingfree on July 30, 2020, 10:00:20 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? Because they are not confident if there is no motion for the price.And it is the reason if the price goes up, they will also take action of buying so that they are safe through riding if it's going high. It is a risky strategy but if it works for them, they will continue to do it but as for me, buying during the lows is still the best. Title: Re: Why people are buying when the price is going up and not when it is down Post by: arjuna BTC on July 30, 2020, 10:00:26 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? thats because of fear and greed,, a lot of peoples don't want to miss a chance when the price up, so, they will buy when the price up, and when the price down, they don't buy, because they fear if the price will going down more Title: Re: Why people are buying when the price is going up and not when it is down Post by: viananda2525 on July 30, 2020, 10:06:20 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? its about hype and fomo, people buy on peak cause they didnt want to miss the train. if they buy on dip , they still fear if price could drop more. its just about mentality and analisys, traders whom do this usually poor of research , they just following other traders not as piooner. most of them will trapped after pump finished.Title: Re: Why people are buying when the price is going up and not when it is down Post by: Mahanton on July 30, 2020, 10:17:41 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? Due to this unpredictable market then its really hard to buy when everyone is on fear or uncertainty and this is why where the market slumps down then you cant see any possible buying indications nor the confidence of investors out there are just lurking in the dark.You cant really avoid to put up into your mind that the price might even go down further where it will surely make you hesitate because everyone is doing the same thing and when market rise on where everyone is buying then confidence had been regained thats why you would see the same behavior most of the time. Title: Re: Why people are buying when the price is going up and not when it is down Post by: carmel32t on July 30, 2020, 10:24:24 PM Well, that is a psychological lake, we all move as a group and if ever we who started in this have always made that mistake of putting money when the price rose above all for fear of staying out of the big rise but as We now know that we have a little more experience is to leave when it is going up and experience the alternative
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Helpme_please on July 30, 2020, 10:31:13 PM for some traders buying when price down is like catch falling knife, its very risky and price could continue fall. meanwhile in every entry we must see a confirmation both form technical or fundamental analisys. each trader have different type, did they were speculator which is will take action when price drop or conservative trader which is need confirmation on each entry.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: andycarrol on July 30, 2020, 10:56:07 PM I think many are affected and cannot refrain from entering when prices are high, many of them are new traders who cannot control their patience so they enter and are trapped in coins that have high prices, even if if really trapped then what can be done is hold on and wait until the price rises again.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Denongels on July 30, 2020, 11:10:19 PM I think because of the trend of most coins that are going up there is a possibility that prices will up again, this is like a cycle, especially for altcoin and it is also is difficult to choose a altcoin that is going down but has potential to going up.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: aemma on July 30, 2020, 11:21:00 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? There is something that is called fomo, fear of missing out, that's what happens when the price of a coin is going up; that is, people rush to buy with the anticipation that they will make profit. However, most times it works and also most times it doesn't. On the other hand, people are always afraid buying when the price is going down because they think it won't rise again, also most times they are right and most times they are wrong. Now in each case scenario, it depends on the type of coin that they bought, major coins gives little or no stress, that is when the price is low, it will still go up (e.g ETH). While some altcoins most especially new altcoins gives more worry because some will dump and never rise again. Title: Re: Why people are buying when the price is going up and not when it is down Post by: traderethereum on July 30, 2020, 11:37:25 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? That is because people don't know which coin will increase, so when they see one coin can go up, even the price is rising fast, they buy the coin instantly because they don't want to be late to join to that pump.But unfortunately, the price can not increase more after touch the high price because the price will be back to the lower price and stay at that price for a while, and it is up and down again like before. That makes many people who buy at a peak will getting trap, and they can not sell the coin for some time if the price is not back to the price they purchased. Title: Re: Why people are buying when the price is going up and not when it is down Post by: abayan on July 30, 2020, 11:52:47 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? Because they are afraid that they can't ride on it or what they call fear of missing out when the price was continue to pump they will buy and buy that coin and they will expect that the coin will continue to pump but the truth os the coin will not pump according on their expected and when the price goes down then they will sell even the price was too low.Title: Re: Why people are buying when the price is going up and not when it is down Post by: Yamifoud on July 30, 2020, 11:56:46 PM Small market investors will never think to buy crypto during the bear season is a big opportunity to become profitable in the future. Instead, they think it negatively and worries that it sinks down. We can't blame them either as they have a different approach from whales (market manipulator). I'd never think this as a good idea but people aren't learning about it that is why more (small) investors have they complain why they lose after buying. No wonder they got this because they usually fall into a bull trap.
And that is why we have this volatility feature because not all will think the same. Many have come and invested crypto during the rising trend but somehow, many were also selling that time, the same thing it happens during the bearish season. Title: Re: Why people are buying when the price is going up and not when it is down Post by: oscarftw on July 30, 2020, 11:59:37 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? It's very easy to think this way. Most people can't wait so long until the next pump. But when the market did a little pump, everyone thought that it was easy to earn profits. You know that some altcoins prices will never recover after huge prices drop. I think, actually we can't wait for a long time but we can invest a lot of money in short times.Title: Re: Why people are buying when the price is going up and not when it is down Post by: Synaesthesia on July 31, 2020, 02:43:38 AM I think because of the trend of most coins that are going up there is a possibility that prices will up again, this is like a cycle, especially for altcoin and it is also is difficult to choose a altcoin that is going down but has potential to going up. The volatility of altcoins is fundamentally unpredictable because it will often depend heavily on news and investment needs during that period. Most of them only care about profit when that coin increases and will sell all altcoins to ensure profit. Of course, there will be people who make huge profits and who lose, so you need to be careful when deciding to invest.Title: Re: Why people are buying when the price is going up and not when it is down Post by: Akiko on July 31, 2020, 04:02:46 AM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? Those buying when price is going up is all noob, they don't really have idea how this market works and how they can earn in crypto by just doing a trading. Real traders will only buy in bear market and accumulate all they can so when the price going up they can claim the gain they get from waiting and its not small profit. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Pito001 on July 31, 2020, 04:05:10 AM Its much easier psychologically to buy something that already growing. People want to believe in new ATHs
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Kasabus on July 31, 2020, 04:08:30 AM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? Those buying when price is going up is all noob, they don't really have idea how this market works and how they can earn in crypto by just doing a trading. Title: Re: Why people are buying when the price is going up and not when it is down Post by: goaldigger on July 31, 2020, 04:36:56 AM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? They have trust issues for me, or they don’t have any confidence in the market, they can also be a victim of FOMO. They buy, during the up trend thinking that they can earn more but the main rule here is that, we should buy at the bottom price and sell on a peak price not buy high sell low. FOMO is the main reason of losing big Money, they buy without any preparations.Title: Re: Why people are buying when the price is going up and not when it is down Post by: sourish on July 31, 2020, 05:12:32 AM Too many variables determine a particular investment, be it personal needs, exhilaration, gamble, greed or research etc., specific to your query, i think its not always mere fomo or foolishness, but a viable and necessary option at the time, maybe due to lack of options and choice.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: glowing10 on July 31, 2020, 05:24:37 AM Many people are the ones who buy based on someone’s recommendation or just invest when price is good. So they enter the market at wrong time and fear when the market’s falling. Ideally when it has corrected, that is the good time to buy rather than vice-versa. But for them falling market is bad or do not have confidence that it will bounce back.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Genemind on July 31, 2020, 05:43:30 AM People want assurance and afraid of what is unknown. You always see people here having regrets that they didn't buy during ATH, and skeptical when the prices are cheap. So, most people wait for good news, hype, and price recovery before buying.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: shadowduck on July 31, 2020, 05:58:14 AM those people who buy when the price rises are people who were not on the market in winter 2017. it is obvious that after we saw such strong growth and then a strong correction, buying now during the pump is very risky
Title: Re: Why people are buying when the price is going up and not when it is down Post by: uneng on July 31, 2020, 06:12:03 AM Because investors are too much affected by fud news. If they search bitcoin on google news and find many articles saying crypto currency is going to the moon they will get excited to invest and join the trend, but when they see the news are negative they won't invest, as in times like that fud news love spreading crypto currency is a bubble or a ponzi, bitcoin is going to die.
Sometimes you just need to stop listening the common sense to start listening and understanding the facts while seeing the reality. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Bitbtc8 on July 31, 2020, 06:17:56 AM There is nothing wrong in buying coins or tokens when price is going up, the price can keep surging after you buy, it's just more safer to buy coins and tokens when bears are taking over the market and price are falling
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Phoenix_PROG on July 31, 2020, 06:39:52 AM When coins and tokens starts appreciating in price many won't want to miss out because that can be the beginning of the surge, it's what others called FOMO (Fear of missing out) sometimes it works and sometimes you get rekt, it's your call to make
Title: Re: Why people are buying when the price is going up and not when it is down Post by: maxreish on July 31, 2020, 07:14:11 AM Few reasons why they are riding the train;
Others are also tempted to buy at peak and then hanged and can not get back their entry. A lot doesn't even know which is the right entry and exit point that is why people wrongly buy at high price. I always advice not to ride in a hype, others do that anyway leads them with massive loss. Title: Re: Why people are buying when the price is going up and not when it is down Post by: lobo13hf on July 31, 2020, 07:28:40 AM There is nothing wrong in buying coins or tokens when price is going up, the price can keep surging after you buy, it's just more safer to buy coins and tokens when bears are taking over the market and price are falling It's wrong caused by you just try to make your chance to get a loss will be even higher than before. If you were seeing what happened with bitcoin when it reached ATH in the past and how many people who have bought each bitcoin for 20k? this time it is trading 50% lessTitle: Re: Why people are buying when the price is going up and not when it is down Post by: joshua123 on July 31, 2020, 07:35:42 AM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? Thats because of fomo. People have some neuron to activate their excitement when its already happening. Thats life, when the market is down all they want is to complain and not even buying. But when the market is going up now they are in hurry to buy even its expensive than the one they ignore when its down. People never learn and do the fomo on the time they should just waiting already when its gonna pumped hard. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Savemore on July 31, 2020, 07:39:59 AM It so funny with a bit sad to see that many people in this thread telling that averaging down is good strategy than momentum or swing trading, sorry but it is the truth that buying while the trend is bearish is not good strategy. If you keep buying when the price continuing to make lower lows and lowers highs, for sure you will incur huge losses. Why will you do that, it is a counter trend strategy where you are buying against the market. When the market is bearish, many investors are afraid and it is the reason why the price is continuing to become cheap but if you buy when the trend is uptrend, the probability of winning is so high because the price is continuing to become more expensive than before.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Inkdull on July 31, 2020, 07:59:42 AM Fear of missing out will take over once crypto market starts showing sign of bullish trend, I don't blame those who jump right in when market starts showing positive sign and moves, it might be a good move after all
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Wingsbtc on July 31, 2020, 08:02:56 AM For example one can still buy eth at 300$ because it looks positive that price will increase more, Bitcoin is bullish on its own and DeFi projects are making Ethereum platform the best choice for new investors, its still a good time to jump in
Title: Re: Why people are buying when the price is going up and not when it is down Post by: bbcolex on July 31, 2020, 08:23:58 AM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? Some people fear of missing out and jump in whatever the trend is, cause of the mindset of quick buck most of them ends as bag holder. Some large holder/whales manipulate the market, that's why some people only invest when their is positive going on cause of certain people taking advantage out of it. Title: Re: Why people are buying when the price is going up and not when it is down Post by: marks1976 on July 31, 2020, 08:38:10 AM if most of people buy when its going down then its gonna go up very soon enough and that's mean it's not going to go down in the first place. However, it's mainly because most of people feared that their money will turn into dust when bearish and FOMO when bullish, that's the only reason for that in my opinion.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: hrunya102 on July 31, 2020, 08:39:27 AM People are afraid that price will go even lower, and they will have to wait a very long time to get to 0, or maybe the project gone to the bottom and they will always remain with tokens.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: robelneo on July 31, 2020, 10:04:16 AM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? Basically they don't know the floor price, people are buying on what they think will the floor price and they sell on what they think the price is already in the ceiling they just go on what's going on the market when a coin gets pump they ride on FOMO, of course, the worst thing that you don't want to happen to you is to be late when the obvious is already there. Title: Re: Why people are buying when the price is going up and not when it is down Post by: novaprime on July 31, 2020, 10:55:48 AM if most of people buy when its going down then its gonna go up very soon enough and that's mean it's not going to go down in the first place. However, it's mainly because most of people feared that their money will turn into dust when bearish and FOMO when bullish, that's the only reason for that in my opinion. I think when the market goes up, the psychology of investors becomes more comfortable, and that is when they are easy Fomo so this is the reason why many people lose money. I'm not too fond of the coins that are mentioned too much because it can be a trap for people to invest in and after buying the coin will usually tend to decrease immediately. Before you do anything, you need to think twice before deciding.Title: Re: Why people are buying when the price is going up and not when it is down Post by: shakesbear on July 31, 2020, 11:03:12 AM When the train goes up, it is possible to earn a little interest, and when it falls down, you are likely to lose, I imagine.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: kynaz on July 31, 2020, 11:30:31 AM For example one can still buy eth at 300$ because it looks positive that price will increase more, Bitcoin is bullish on its own and DeFi projects are making Ethereum platform the best choice for new investors, its still a good time to jump in Defi projects are driving ETH prices back up and I'm sure the price will soon reach $500 in the next few days. I think based on what is happening, the whole market is showing very impressive signs of recovery, so if you are considering investing, this is still a good choice. The altcoin season is coming back again and the trend of investing in Defi projects will be mentioned a lot this year.Title: Re: Why people are buying when the price is going up and not when it is down Post by: Inkdatar on July 31, 2020, 12:40:54 PM It's not that dangerous to buy coin when their value start increasing, the most dangerous zone is buying at their All time high, presently the market is in good state and it's certain that value will continue to rise Well, this is the mistake by others buying at all time high because they don’t believe it's future. And, also doubting the project if this could go increase its value. What others do is waiting for it first to boom in the market and proof that they could earn money. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Squezzi55 on July 31, 2020, 12:49:36 PM The best time to buy coins is when they lose value not when they are surging but if you are very good at following crypto market it's possible to spot upcoming bullrun, if you can then you buy when pump begins
Title: Re: Why people are buying when the price is going up and not when it is down Post by: ven7net on July 31, 2020, 02:07:51 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? When a cryptocurrency grows in price, they start talking about it everywhere, and accordingly, many investors go to the market and buy in the hope that the price will go even higher and they will earn. However, this is not always the case. Cases of artificial price increases have become more frequent, which means that as a result, when investors come, the price of a crypto asset goes down. I've seen this many times before. Of course, this buy scheme when the price rises can give someone the opportunity to make money, but this is very risky. I think that you should not rush, but more carefully study the information about this crypto asset and learn about the reasons for the price increase. And only then draw a conclusion. Title: Re: Why people are buying when the price is going up and not when it is down Post by: MCobian on July 31, 2020, 02:10:51 PM Usually people who buy when the price of coins goes up don't understand how to read trading charts, or it could be a newbie
who is FOMO because he wants to enjoy profit. Though the price of coins can fall suddenly, successful traders will not do that. It could also be because of following trading signals from other people, so making a wrong decision. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Yatsan on July 31, 2020, 02:36:55 PM Mostly those people who buys when there is an up trend on the prices of the coin are for sure newbies or those that are newly engage in this industry. Little do they know that situation in here is somehow a contrary and there can be two types of opportunities on which you must buy while the price is low which is the first opportunity and sell or trade when the price goes up to gain profit which is another opportunity again.
For sure those people who goes with the up trend buying coins do not basically know that they must not get into the flow of buying while the price is rising because better opportunities come from the down trend on which people mostly complain but wise people treat it as opportunity to obtain more coins that are potential to have an increase on the price value. Maybe those people have a wrong understanding or misconception on how things are being done in here most specially when it is done by a newbie since they are still not familiar on how things work in here. Before deciding to buy, they must know first the basic knowledge they must obtain before engaging into such transactions so that they won't be missing opportunities of gaining rather than losing. Title: Re: Why people are buying when the price is going up and not when it is down Post by: 10BTCaDay on July 31, 2020, 02:38:10 PM The best time to buy coins is when they lose value not when they are surging but if you are very good at following crypto market it's possible to spot upcoming bullrun, if you can then you buy when pump begins it is important to understand why coins lose their price. if the coin has been hacked or they have serious technical problems, then it is better not to buy immediately.Title: Re: Why people are buying when the price is going up and not when it is down Post by: Ceyflix-Rez on July 31, 2020, 03:40:48 PM Some people might decide not to invest in altcoins because they failed to believe that altcoin season might come again, many focus only on bitcoin but after DeFi projects starts becoming successful they have a change of heart and even ethereum is now the most target top altcoin because of DeFi
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Iyanu14 on July 31, 2020, 03:42:12 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? Trading (buying and selling) is an everyday thing. There is no time buying and selling cannot take place in crypto, it all depend on your purpose and when you have the financial ability to invest. Apart from that, some think that, bull run is on the way, that could probably one of the reasons why behind their investment. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Slow death on July 31, 2020, 03:42:39 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? I will give an example with ETH: ETH current price: $344 People are buying at this price because of testnet on August 4 and after August 4 the price will start to fall and many people will lose money. the problem in this case is because people do not analyze why the price is increasing and if it is sustainable over the long term Title: Re: Why people are buying when the price is going up and not when it is down Post by: carriebee on July 31, 2020, 03:54:09 PM Some people might decide not to invest in altcoins because they failed to believe that altcoin season might come again, many focus only on bitcoin but after DeFi projects starts becoming successful they have a change of heart and even ethereum is now the most target top altcoin because of DeFi Crypto is volatile and people should invest only on legitimate project. That's one of the reason lack of confidence in investing of altcoin. With these defi let's observe to what futures awaits on this project. Well many of us focus on bitcoin because of its high chance to increase again. Title: Re: Why people are buying when the price is going up and not when it is down Post by: pikkie on July 31, 2020, 03:58:37 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? I will give an example with ETH: ETH current price: $344 People are buying at this price because of testnet on August 4 and after August 4 the price will start to fall and many people will lose money. the problem in this case is because people do not analyze why the price is increasing and if it is sustainable over the long term Title: Re: Why people are buying when the price is going up and not when it is down Post by: pilosopotasyo on July 31, 2020, 04:00:06 PM Some people might decide not to invest in altcoins because they failed to believe that altcoin season might come again, many focus only on bitcoin but after DeFi projects starts becoming successful they have a change of heart and even ethereum is now the most target top altcoin because of DeFi There's always an altcoin season because the top 10 coins in the market who are actually all altcoins have proven their resiliency over time even in the worse market scenario. people have their unbelief because they believe that the price is still coming down and they want the lowest possible to buy, and when the coins are going up that's the signal that the lowest will not come anymore. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Mister.Satan on July 31, 2020, 04:18:28 PM People are blindly seeing how much it could increase more cause of the positive while not for the negative of decreasing. Though in some rare cases, the coin didn't reach the full potential for its price yet so people don't want to miss out.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: South Park on July 31, 2020, 04:27:25 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? The short answer is FOMO, when the price of bitcoin begins to go up people begin to be afraid that if they do not buy bitcoin now they are going to miss on a possible bull market that is coming, this in return makes the price to go up even more but if this is not the bull market they were waiting for then they will suffer losses as they are the ones holding the bag when the price begins to go down and if they used leverage then they risk losing all their capital.Title: Re: Why people are buying when the price is going up and not when it is down Post by: rahmatullah9305 on July 31, 2020, 04:42:51 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? I don't think this kind of question should be asked, because everyone has their own thoughts in accordance with the experience they have gained, so there is no need to worry about the choices or the way other people work, just do your work according to the knowledge you have now, Simple.Title: Re: Why people are buying when the price is going up and not when it is down Post by: Argoo on July 31, 2020, 05:07:52 PM It is easier for people to buy cryptocurrency when it grows in price, hoping that it will continue to grow for at least some time. At the same time, when people see that the cryptocurrency is falling in price, the fear is born that it may still fall very low and they will incur losses. To make the right decisions, you need to know well how the cryptocurrency market works. Here, even experienced traders often make mistakes in the trend of rising and falling prices in the market, what can we say about people who do not have enough experience.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: tiang_tower on July 31, 2020, 05:13:15 PM I think some of them are just newbies and don't know the right time to goes in for an investment. I have a fair share of experience for brought in when coin at ATH so I always look at any pumping with caution, not reckless buying without any thinking. Right, thinking before buying a coin is a very appropriate thing, because without a clear thought, someone will always lose in the steps he made, including people who already have experience in crypto.Title: Re: Why people are buying when the price is going up and not when it is down Post by: sayam on July 31, 2020, 05:17:53 PM I think one of the main reasons is not having the right knowledge about that particular project. Before investing, you need to know the details of the investment project. Need to do at least a few months of data research. You can't invest in a hurry.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: mersal on July 31, 2020, 05:36:01 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? That is why we have less millionaires and huge part of middle class people and that's how the psychology of a common man works.But if they starts to invest when the prices are deep down they are going to make more profits than anyone.But people don't trust the cryptos do they enter to invest only when the prices sre surging.Title: Re: Why people are buying when the price is going up and not when it is down Post by: seoincorporation on July 31, 2020, 05:38:28 PM People buy at that moment because they feel like the prize will keep going up. If the price already grw 10% maybe another 5% is on the way, that's why they do it.
But sadly lot of people buy when the price goes up and then they see how the crash make them los money, just like all the users who buy at $20k Title: Re: Why people are buying when the price is going up and not when it is down Post by: marilynmanson21 on July 31, 2020, 05:49:38 PM That was something that called FOMO, which is Fear of Missing Out on a big opportunity in the markets. People scared that they will missed the opportunity, having a mindset that the price will keep rising, so they will buying even in the high price, better late than nothing. But the this is the risk was so high, so there's a high chance they will loss instead of profitting.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Jocuserious on July 31, 2020, 05:55:29 PM They lose themselves in the crowd of emotions so they are able to do so i think it is more influenced by the newborn. As the value of a project increases they rush to make more purchases and they do so without any research. Which is why most newborns have to count a lot of losses early on.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: trauchot on July 31, 2020, 05:56:12 PM Each investor has his own strategy, someone starts investing in cryptocurrencies when the growth of cryptocurrencies begins and these investors hope that after buying cryptocurrencies, the growth of the cryptocurrencies they bought will also continue, while others invest in cryptocurrencies when the cryptocurrency market falls.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: GREENch on July 31, 2020, 06:24:17 PM Most likely, people want to have time to jump on the running Board of the outgoing train. After all, it seems to them that it is so simple-I bought and in a few days increased my Deposit. And when the coin falls people think that the others get rid of the coin for a reason and know something.
"Opinion of the crowd" and no more. Title: Re: Why people are buying when the price is going up and not when it is down Post by: levyashin on July 31, 2020, 06:47:29 PM I don't think you can call antyhing cheap or expensive on markets.
There is trend, you buy when something is rising, sell it when it is falling. It is very simple actually. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Chukwunonso on July 31, 2020, 07:08:52 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? It's actually funny the way things work in this space. The reason people buy when price is going up is because they believe that the price would go higher than the price purchased. It feels better buying when the price is going higher than when the price is dropping. Title: Re: Why people are buying when the price is going up and not when it is down Post by: qiwoman2 on July 31, 2020, 07:12:37 PM FOMO is one of the main components. Also I think so many noobs that join telegram groups get really carried away by all the shilling that goes on by people who bought early and are ready on the uptrend to dump their bags on unsuspecting victims. Most people entering this space are also lazy and don;t want to do their homework and learn to trade. Of course we can all get it wrong sometimes but people in this business tend to repeat the same mistakes over and over again, then want to blame the Whales for creating their losses. If we FOMO into any coin we only have ourselves to blame in the end.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: MonsterV on July 31, 2020, 07:15:38 PM my anwser regard this question, its because no one can predict what will happend tomorrow that's why people are still ignore and not buying while the altcoin still in low price, they might be dont know if the coin will pump by tomorrow, look at ethereum, no one expect that eth will hit 300$ on this month because of transaction fee is very high, but today that coin is almost hitting 400$ price.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: CarnagexD on July 31, 2020, 07:39:56 PM They don't read charts, they ride the movement. As simple as that, this is why probably newbies are losing their money when they are buying coins they don't follow the fundamentals such as reading and analyzing the chart before investing, instead they wait for a green time which results to more devastating loss. They aren't sure at first when to buy, so they are just waiting but this action of them don't always end in a loss, some are making enough and do just enough time to exit the market, they are called FOMOs. This never happens with bitcoin, there are people who will buy bitcoin no matter the price is.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: JungleOnion on July 31, 2020, 07:45:20 PM That's how psychology works. You don't want to buy something that is going down or that it has been down for a while as you can't see a positive future for the price. The same happens when the price goes up. You see that the price is going up so you think that there are better chances to make profits than in a project that is not moving or worse, is moving down.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: ecnalubma on July 31, 2020, 07:49:17 PM Well thank to them because they are the contributor to a bullrun. That’s what happened in 2017 but I think the people who bought that time already learned and they are more mature today but new comers in the space will probably experience same fate if they don’t know what they’re doing.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: ololajulo on July 31, 2020, 08:00:35 PM Its a funny trend in the space for traders to buy when it is going up. I suspect more of new comers buying than old traders, It gets more interesting for them when the coins they bought keep going up in price, then they buy more. The way they buy in such a time set them up also for the bear markets as newbie. Those buying wont be different from those in the space that didnt buy for past 6-12 months. Bitcoin has enjoyed enough accumulation for the past 1½ year I hope the altseason would kick off higher
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Pamadar on July 31, 2020, 09:23:47 PM Well thank to them because they are the contributor to a bull run. Yeah right, those fomos contributes a lots with the current bull, the market is gaining good momentum. That’s what happened in 2017 but I think the people who bought that time already learned and they are more mature today but new comers in the space will probably experience same fate if they don’t know what they’re doing. Those who failed to do good research back then for sure learned things in the hard ways, as that last ath if they've manage to place their position from the peak, it's huge fall that will reminds them from time to time with that huge losses. Title: Re: Why people are buying when the price is going up and not when it is down Post by: doctor877 on July 31, 2020, 09:47:53 PM If it's going up you can predict it will keep going up for sometime at least. But if it's going down, you just buy anyhow because you don't know if it will keep going down or not. That's why it's easier to but the green than the red.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Akoldi_ibk on July 31, 2020, 09:56:22 PM I will state my opinion with real life experience. I am in crypto group, having expert traders that generously give good buy & sell calls on a regular basis. The truth is that many don't take the calls serious, not until they start seeing price increase before joining in. Trust issue and fear of missing out is often the case in this scenario.
Another point is the dip can be fake and once you bought in, the price go deeper. To probably reduce the risk of that, people would wait to see green light before making a move. Title: Re: Why people are buying when the price is going up and not when it is down Post by: lienfaye on July 31, 2020, 10:12:14 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? Those who buy when the price of coins are going up might not an old crypto investors, if you have been here for long then you're aware about the timing to buy. One of the reason is fomo, when a crypto is in hype they are afraid to be left out and not able to make profit so buying at high price will do as long as they can go with the flow. But this strategy is too risky since we dont know the next movement of the coins.Still, its best to buy at low price so if the value increase there's a high chance to earn. Just make sure you buy a good coins and you have patience to wait. Title: Re: Why people are buying when the price is going up and not when it is down Post by: bitkanu on July 31, 2020, 10:38:48 PM I think one of the main reasons is not having the right knowledge about that particular project. Before investing, you need to know the details of the investment project. Need to do at least a few months of data research. You can't invest in a hurry. Everyone has been analyzing the project but some times that they were losing emotion and that makes people in panic buy. Didn't you aware about most of the people who have been buying at the pump wanna try to join into the wave too? that means they wanna try short buy and sell in the market. Title: Re: Why people are buying when the price is going up and not when it is down Post by: jessyj48 on August 01, 2020, 06:42:33 AM People have no choice but to buy coins when they are surging because they believe the surge is just beginning and again we are in a good market shape right now, buying now isn't buying to lose because the change is here, over 7 billion dollars moved into DeFi projects alone so far, that's big enough to drive crypto market into a very greenish state
Title: Re: Why people are buying when the price is going up and not when it is down Post by: fuer44 on August 01, 2020, 07:13:17 AM when people buy coins when the price goes up, it means they are following the trend. when coins continue to show green charts, they expect prices to continue to rise to the highest levels. they do not want to buy when prices are down, because the trend when the graph is down, it can also happen the price will go down more like when the market first fell at the end of 2018 then.
here are some ways that people do when investing, there are those who use the method to follow the trend or the hype. there are also those who wait for the lowest prices then buy as many as they can in order to pump up prices and achieve a lot of profit. Title: Re: Why people are buying when the price is going up and not when it is down Post by: alicea on August 01, 2020, 07:16:22 AM That's what we call fear of missing out aka FOMO many people don't want to buy a coin at a dip because they think the price will go down more and when the price is going up they think the price will go up more so they start FOMO buying.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: CashbackLover on August 01, 2020, 07:33:35 AM It might be that this is just the beginning of market pump so buying now will still be a profitable move I think but the best time to buy altcoins is when market is crashing or in bear market, buy cheaper and sell higher
Title: Re: Why people are buying when the price is going up and not when it is down Post by: vermigerous on August 01, 2020, 07:43:31 AM I think there are only two things when it comes to buying in a times that the coin price is increasing,
1. He/she that buys an increasing coin could actually earn if that coin is continuously increasing and dominating it's price in the market. But i think only top coins can be like this. 2. He/she cannot anymore earn profits from what he buys because of that coin isn't raising it's price anymore, maybe he or she buys not a top coin, or a new coin that is from a new project. Title: Re: Why people are buying when the price is going up and not when it is down Post by: jademaxsuy on August 01, 2020, 07:55:05 AM Most of them are new in this kind of investment and they just learn that bitcoin keep its market price up as time passes by because this is what they heard from the news or the bitcoiners around. This is why they do not mind the current market price and instead buying them at high end. Well there could be no problem with that because it really true that bitcoin begin to get a high market price as time passes by but it needs more time before it will going to happen.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: ohyeahhaha122 on August 01, 2020, 10:16:48 AM That's psychological, that's the way sharks control prices and profit from them, people trade a lot according to their feelings, go down they are often scared, and go up they are greedy, so to become a good trader the most necessary factor is a good mentality
Title: Re: Why people are buying when the price is going up and not when it is down Post by: prehisto on August 01, 2020, 10:21:13 AM That is completely normal, I am one of those people.
In trading there is this saying : trend is your friend. This could not be more true, if there is momentum is market, you have higher probabilty of profit than just trying to time the bottom. Title: Re: Why people are buying when the price is going up and not when it is down Post by: nomenclatur on August 01, 2020, 11:25:22 AM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? it is, in fact, they are buying when markets rise with the purchase price above they think prices will rise and could get the profit that is maximal so that people come to buy hope the pump will continue continues for longer periods of time so that people who had bought will be able to profit enough not everyone will have the patience to deal with their usual bear markets to take advantage when prices rise.Title: Re: Why people are buying when the price is going up and not when it is down Post by: tsaroz on August 01, 2020, 11:33:40 AM There's an old saying "Buy when the market is green and sell when the market is red".
It's arguably one of the better strategy as your money won't remain stale. When you see a bullish trend, you buy the first moment you can and when you thin it's turning into a bear, you sell. Short term investors earned a good profit in last 1 month as compared to holders that are holding for last 2 years. Different people have different strategy when it comes into trading but the essence is to increase your profit while limiting your loss. Title: Re: Why people are buying when the price is going up and not when it is down Post by: imstillthebest on August 01, 2020, 11:39:20 AM That is completely normal, I am one of those people. In trading there is this saying : trend is your friend. This could not be more true, if there is momentum is market, you have higher probabilty of profit than just trying to time the bottom. Agree, many investors prefer trading rather than holding for the long term and I think when prices start rising, traders will follow the trend and start making purchases and try to resell for the short term when prices rally. of course . for what they are called traders when they are only going to hold long term lol . the strat of investors and traders are different to each other , investor are mainly waiting for the bottom but traders mainly wait for the pump before they start to buy and sell . what traders are acting is verry risky because there are times that they buy and price imediately fall in . not all the time profit , so lets not get overwhelmed just because they say its easy money but they dont explain the risk that entails to it Title: Re: Why people are buying when the price is going up and not when it is down Post by: Lorokan on August 01, 2020, 11:49:46 AM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? It depends, some people buy green candles, so that they can pick up profits as the token continues to grow in price; while some people buy green candles because they want to invest and it just happened during a moment of pump. Also, there are people who do not like to buy the dips or bears; sometimes, the dip gets dipper until token is valueless; but in case of pumps; the token continues to pump until it climax and falls. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Serco on August 01, 2020, 12:13:46 PM There's an old saying "Buy when the market is green and sell when the market is red". profits be main goal for each traders, no matter strategy they used to realized it. some expert said like you and other people have different opinion. all of that was true, the wrong thing was when we as traders could not do this proverb and always do wrong strategy and not learnt from experience.It's arguably one of the better strategy as your money won't remain stale. When you see a bullish trend, you buy the first moment you can and when you thin it's turning into a bear, you sell. Short term investors earned a good profit in last 1 month as compared to holders that are holding for last 2 years. Different people have different strategy when it comes into trading but the essence is to increase your profit while limiting your loss. Title: Re: Why people are buying when the price is going up and not when it is down Post by: whyrqa on August 01, 2020, 12:36:59 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? It depends, some people buy green candles, so that they can pick up profits as the token continues to grow in price; while some people buy green candles because they want to invest and it just happened during a moment of pump. Also, there are people who do not like to buy the dips or bears; sometimes, the dip gets dipper until token is valueless; but in case of pumps; the token continues to pump until it climax and falls. Title: Re: Why people are buying when the price is going up and not when it is down Post by: SacriFries11 on August 01, 2020, 12:52:29 PM That is completely normal, I am one of those people. If you can point out the right time to buy when the price is still on track to go upward, you have the right decision. This will be a high possibility that you can make money even you missed out in the beginning before the price goes up. I prefer to place my money in the same token even the other tokens still in pumping situation. I put trust for those tokens and I'm sure that the time will come that my tokens will go pump as well. In trading there is this saying : trend is your friend. This could not be more true, if there is momentum is market, you have higher probabilty of profit than just trying to time the bottom. If you're analysis is right, you can make profit without investing in the token at the time when the price of the token is low. People have their own strategies to do and we should be have our own decision to make. Title: Re: Why people are buying when the price is going up and not when it is down Post by: cryptothreads on August 01, 2020, 12:53:38 PM There's an old saying "Buy when the market is green and sell when the market is red". In one way or another, securing a return on your investment is the most important thing when investing, and you need to have a specific plan before you start. Any investment can be risky if the market conditions are not good because it is usually the time when investors are most panic. It's arguably one of the better strategy as your money won't remain stale. When you see a bullish trend, you buy the first moment you can and when you thin it's turning into a bear, you sell. Short term investors earned a good profit in last 1 month as compared to holders that are holding for last 2 years. Different people have different strategy when it comes into trading but the essence is to increase your profit while limiting your loss. I'm not good at trading, but I understand how this market works so don't be too optimistic when investing. Title: Re: Why people are buying when the price is going up and not when it is down Post by: adzino on August 01, 2020, 12:56:54 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? It is all because of investing FOMO (fear of missing out). When they see that the price starts to rise they become anxious, feels left out, starts regretting and eventually all these emotional reaction pushes them to take wrong/bad decisions. When they see the price dropping, the always think "its a bad thing to happen", thus they avoid investing on crypto currencies when the price starts to drop. But little do they know they can take advantage of sudden drops to make more profit. Title: Re: Why people are buying when the price is going up and not when it is down Post by: WalkerIVIV on August 01, 2020, 02:36:29 PM That is completely normal, I am one of those people. In trading there is this saying : trend is your friend. This could not be more true, if there is momentum is market, you have higher probabilty of profit than just trying to time the bottom. Agree, many investors prefer trading rather than holding for the long term and I think when prices start rising, traders will follow the trend and start making purchases and try to resell for the short term when prices rally. Title: Re: Why people are buying when the price is going up and not when it is down Post by: ttcsalam on August 01, 2020, 02:43:17 PM I think there are two types of trade.One is short term and one is long termI think those who buy when the price goes up are buying for the long term.However, if you buy at a higher price, if the project pays off, then you buy again and adjust.However, in the short term and in the long term, 2 people do business with 2 tragedies.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Janus101 on August 01, 2020, 04:48:03 PM There's an old saying "Buy when the market is green and sell when the market is red". I think you nail it perfectly about why people doing it. Not just because of FOMO alone but there are short term traders make an investment like this by 'surfing the wave' as I call. If they are too greedy and refusing to sell when there is a sign of bearish, their loss.It's arguably one of the better strategy as your money won't remain stale. When you see a bullish trend, you buy the first moment you can and when you thin it's turning into a bear, you sell. Short term investors earned a good profit in last 1 month as compared to holders that are holding for last 2 years. Different people have different strategy when it comes into trading but the essence is to increase your profit while limiting your loss. Title: Re: Why people are buying when the price is going up and not when it is down Post by: elementaryOS on August 01, 2020, 07:11:33 PM Because they want to join the bandwagon of the rally and think they could get out before it hit ATH. Only a few made off with profit while a lot stuck with ATH price. If they can't control their greed, they will get rekt.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: iamaruf on August 01, 2020, 09:23:49 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? They don't that this is ATH and it will go down after that. People think that price is rising and they think that it will rise more.So they buy it to make profit.Another big reason is many traders follow traders and signal group. After hearing any news they buy :DOn the other hand People don't know that this is the DIP. They think that price will be more down and they wait for it and miss the crypto train. Actually answer is really simple, No one can predict 100% that's-why they do it. Title: Re: Why people are buying when the price is going up and not when it is down Post by: flagpara on August 01, 2020, 10:11:57 PM Whatever we believe or whatever we do, actually during an accurate situation, we can't wait for so long. The main reason for trust and then early profits is helping to become a popular IEO. The top exchange IEO is becoming popular for fast profits instead of any ICO. Investors can't wait for long to profit but they don't know that the top exchange IEO isn't always available.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Ayiranorea on August 01, 2020, 10:16:47 PM Most of the time it is quite hard to predict the market changes of cryptocurrency. This means we don't know what's gonna happen the next minute. It can go high, else it can drop low. So people look for an opportunity to make an investment or buy it rather than predicting. In such a way now the price is moving gradually in the upward direction which assure profit. This is the reason for people to invest when the price is going up.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Ezravdb on August 01, 2020, 10:35:14 PM You are right. The biggest drawback for those who enter when the price has risen is very risky because they hold a smaller roi on the profits to be gained. Reality like this because they miss every news so buying at a high price is a stupid decision.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: dongosquad on August 01, 2020, 10:45:40 PM I'm not good at trading, but I understand how this market works so don't be too optimistic when investing. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Vitalicus on August 02, 2020, 02:16:39 AM Most of the time it is quite hard to predict the market changes of cryptocurrency. This means we don't know what's gonna happen the next minute. It can go high, else it can drop low. So people look for an opportunity to make an investment or buy it rather than predicting. In such a way now the price is moving gradually in the upward direction which assure profit. This is the reason for people to invest when the price is going up. When the market rises, investors sentiment will become optimistic, and it is a good time for them to decide to buy. I always prefer trading when the market enters uptrend because if there is a good strategy, it will still make a small profit during that time. Of course, do not be too greedy when investing because any of your mistakes will affect your assets.Title: Re: Why people are buying when the price is going up and not when it is down Post by: qomariah95 on August 02, 2020, 04:02:08 AM Most people why buy at a high price, because people think the coins in question will be even higher. Therefore they buy at a high price, so as not to miss when the coin is really pumped. I have done this several times, but unfortunately my analysis is wrong, I buy high prices and sell low prices.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Teraboy on August 02, 2020, 07:30:20 AM Because they want to join the bandwagon of the rally and think they could get out before it hit ATH. Only a few made off with profit while a lot stuck with ATH price. If they can't control their greed, they will get rekt. I think so but i rarely seen those who have been getting profit will be going out from the market as they were putting all of their hopes to get a lot of money instantly. This will make them all feel panic when the price was going to the bottom again and that's what we have called that as shorting the bulltrend Title: Re: Why people are buying when the price is going up and not when it is down Post by: Towerbreeze on August 02, 2020, 07:33:50 AM Most don't have a clue about what they are doing, they jump right in because of FOMO, they don't want to miss out and they believe that the price will keep going up for long time, mean why bears can take over at any time, always buy altcoins when they loses value only
Title: Re: Why people are buying when the price is going up and not when it is down Post by: GREENch on August 02, 2020, 05:09:54 PM People have no choice but to buy coins when they are surging because they believe the surge is just beginning and again we are in a good market shape right now, buying now isn't buying to lose because the change is here, over 7 billion dollars moved into DeFi projects alone so far, that's big enough to drive crypto market into a very greenish state What do you mean people have no choice? If a person has a head on his shoulders and knows how to use it for its intended purpose, then he can, after studying the project, decide whether to invest in it or not. And will make this choice not at the moment when all the coins are growing, but will take care of this issue in advance.Title: Re: Why people are buying when the price is going up and not when it is down Post by: RealMalatesta on August 02, 2020, 08:01:33 PM Well, the emotional response usually to when it goes lower is known but I don't know when its going up. When bitcoin is going down people do end up selling instead of buying (hence why it goes down actually) because they think they can get out before it reaches bottom and can buy at the bottom.
When bitcoin price was 9k and drops to 7.5k, you don't know if it will stop at 7.5k or stops at 5k or 3k, everything is unknown at that moment, so they sell at 7.5k and hope that it goes down to 4k so they can buy even more bitcoin and when it goes back up they could be richer. Or there are panic sellers as well, people yell bitcoin dying bitcoin ending and so forth do exist as well but I doubt they are the majority. Why they end up buying while its going up is not something I know. Title: Re: Why people are buying when the price is going up and not when it is down Post by: BITCOIN4X on August 02, 2020, 08:18:05 PM If something raising, they have more chances of reaching further while if something already falling, you will never know when it was the lowest point. Just a common sense for everything, not just crypto. Each of us has our own point of view about when is the right time to start buying something in the market. When price rise quickly, there is usually a big chance to make a profit in a short time so that some trader will buy and sell again after reaching the profit target. Trader who usually buy when price go up never hold their asset for a long time when they make a profit and most of them are day trader.About which one is the best in my opinion each of us has his own answer depending on the habit and opportunities that exist when trading. Title: Re: Why people are buying when the price is going up and not when it is down Post by: StephenJH on August 03, 2020, 09:47:12 PM Now good time for crypto.Day by day huge increase bitcoin, Ethereum & others crypto coin.This is really good time crypto currency market.I hope this time bitcoin stable for some month.some day wait Bitcoin cross $12k.Ethereum touch 450$.crypto market economy really awesome.This is perfect time for crypto. It is really so bad to bay any coin at a high price, it is the best method to buy any coin at a low price then wait for the right time for selling them. But some coins are always profitable like ETH, as you above mentioned BTC is just increasing and it seems it will keep rising up. It can be the best time to invest in altcoins also in BTC. That is why BTC price effects other cryptocurrencies so good and it is chance to make a profit. However, you must try making right decisions about your investment.Although the Bitcoin dominance is presently dropping, many people are still more comfortable with buying bitcoin than investing in altcoins. As a result, only when alts gather attention and look primed for a rally do people decide to buy them. Hence the seeming boycott of alts. That is right people are more comfortable right now about investment, that is why BTC has survived from 9k. It was a bit harder to reach 10k, but after reached this price it would be easy for BTC to reach 11k and l think it will be 12k in the near future. This event has also affected the price of other cryptocurrencies. You can see ETH and others, ETH shows right now 40% more than own early price. l hope it will keep going on till the end of the year. Title: Re: Why people are buying when the price is going up and not when it is down Post by: forexandcryptoauditor on August 03, 2020, 09:59:28 PM I think wise people do exactly the opposite. When we say people sell at low prices, this can only happen if there are buyers available for that quantities which are getting sold. And same for buying at higher levels. From my point of view, we should avoid a one-time investment and keep buying monthly or quarterly in equal quantities o average the price which can bring very good returns down the line a few months or years.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: kevinzxz on August 03, 2020, 11:59:29 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? because most people are afraid that prices will fall again, so many people wait until the price rises to invest, because when the price increases, the opportunity for us to get profit is very easy, therefore most people prefer to invest when prices are rising and not when prices go down. Title: Re: Why people are buying when the price is going up and not when it is down Post by: ufaiz50 on August 04, 2020, 01:15:43 AM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? The biggest reason is that we don't know when prices go up and when prices go down. That is why many join the train even though it is a bit late, just to make a profit. Not many people understand market movements and market analysis, cryptos fluctuate so quickly, so there are many benefits if you are on the right train, and a big risk if you are on the wrong train.Title: Re: Why people are buying when the price is going up and not when it is down Post by: elewton on August 04, 2020, 02:59:05 AM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? The biggest reason is that we don't know when prices go up and when prices go down. That is why many join the train even though it is a bit late, just to make a profit. Not many people understand market movements and market analysis, cryptos fluctuate so quickly, so there are many benefits if you are on the right train, and a big risk if you are on the wrong train.Title: Re: Why people are buying when the price is going up and not when it is down Post by: redsun114 on August 04, 2020, 07:09:32 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? Nah, maybe that’s for the people you have met; That’s not for me. I buy coins when they are low in price, and I have a friend who is buying all the time without minding the market situation, he’s always buying when the price is very high, when it falling, and when it’s low, he just doesn’t mind. And of course he has his own ways of making profit.As for me, I don’t buy coins when they are going up, I buy them when the price falls. That way I am able to purchase the assets at low price range, and then I relax and start watching it for a long time to see where it’s heading to. Title: Re: Why people are buying when the price is going up and not when it is down Post by: unusualfacts30 on August 04, 2020, 07:16:09 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? They are expecting that it will go much higher or may be they are day trading. It's not an easy answer to this and you can't assume whats their motive behind it. Most people prefer to buy when price is low but this doesn't involve day traders and people who are trying to ride the waves. Title: Re: Why people are buying when the price is going up and not when it is down Post by: abeecrypto on August 04, 2020, 07:22:11 PM People do buy low too. The ones that buy high are mostly amateurs and newbies in the crypto market. Some experience traders also do this. Especially the ones that want to make some gains in a little while. Sometimes it backfires. It works for them sometimes though. When I was a new to the market I jumped into the market when it was going up and I made some profit. I did it again, and lost big time. The simple strategy known by every experienced trader is to buy when it is low. It's safer that way. But hey, what you see to be high today might be the low tommorow.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Bezobraznike on August 04, 2020, 07:51:55 PM They buy it chasing a quick profit with short-term trading methods but this is very risky because every movement of the increase there is a correction, for those beginners are not ready with it. Falconer I agree with you, beginners are not ready for fluctuations in the crypto-market. They wait the price to show the signs of recovering and to buy that, but they don't understand is they missed buying opportunity when the prices were on bottom. I needed time to understand that in the beginning. What means buying bottoms and selling tops, everything in the middle means less profit, for maximum profit you need to buy when others are dumping, and to sell when others are buying! Title: Re: Why people are buying when the price is going up and not when it is down Post by: ZincUnrated on August 04, 2020, 10:24:37 PM Most people doing this are only falling for the emotions of FOMO (Fear of Missing Out) which is never a good idea or thing to do. It is mostly associated with people who are new to the market and more often than not, they get burnt in the process. The basic rule is, for every pump in price, there must be a correction which means a pull back in price. This is the best time to invest or buy any cryptocurrency. However, people let their emotions get the better of them and most times, the consequences are devastating.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: azisjz4 on August 04, 2020, 11:21:14 PM Many people who buy when prices go up, because they do not want to miss the positive trend of the market and their strategy to do short therm. It may be that, when prices are low, they do not want to take decisions for fear of loss, so when prices start to rise they then buy it. What we need is to find out where we are before something happens. If you miss it, let it go and wait for the next train
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Itsmylife on August 05, 2020, 01:21:15 AM Many people who buy when prices go up, because they do not want to miss the positive trend of the market and their strategy to do short therm. It may be that, when prices are low, they do not want to take decisions for fear of loss, so when prices start to rise they then buy it. What we need is to find out where we are before something happens. If you miss it, let it go and wait for the next train I have a good method for this situation. If you miss a train, please wait for a flash dumping (some people want to sell their investments to make a profit) because the dumping is not what the whale think so the price will keep rising.Title: Re: Why people are buying when the price is going up and not when it is down Post by: Retainly_Collie on August 05, 2020, 07:23:28 AM Perhaps this is the psychology of traders in this market, they can wait patiently for the price to go down to buy and think it can go lower and they will buy more. But when the price goes up they are afraid that it will continue to rise and they will miss that opportunity, which is why people often buy when prices go up.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: judeafante on August 05, 2020, 07:43:36 AM People want to make sure that they are going to make a profit, they don't want to buy when the market is going down because still think that Crypto is a bubble and they can lose everything here, they want a more realistic view of the market and they can get it only when the market is going up, they want to go with the crowd in the market.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Docbee on August 05, 2020, 07:54:55 AM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? There is no definite time someone cannot buy. People that are buying actually saw an opportunity and they want to explore it. They don't see the price of ETH and BTC dropping for now. But the fact is that, for someone to make appreciable profit, then you need to buy in large quantity. When you have $2-5 increase, you can sell off and reinvest. Title: Re: Why people are buying when the price is going up and not when it is down Post by: mezzaluna on August 05, 2020, 07:59:59 AM Well, that is actually one mistake (including me) is being done by people who wanted to ride the increase of value of a Cryptocurrency. We cant deny that it will be really profitable at some point but we just know that its a peak time on when people are also selling their own Cryptocurrency because they needed something else. So for me, it is like a decision made in that moment where you are just hoping that your investment would go well but made with a decision that is poorly thought of.
So I gave myself a reminder to buy it at anytime when I'm able to. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Claudio99 on August 05, 2020, 08:40:39 AM People and investors have every right to start buying crypto coins presently because they've noticed the strong bullish trend that's currently ongoing, not buying now means you missing out a lot, Bitcoin is still very bullish and there is possibility of reaching 12,000$ soon
Title: Re: Why people are buying when the price is going up and not when it is down Post by: aioc on August 05, 2020, 09:04:05 AM In my opinion People are buying on two reasons assurance and available funds, they want to be assured that the market is alive and going up they are part of the adoption crowd who will only move when there is movement, they go where the tide is we are so many of these people will always check the right time and coin to invest when obviously buying low is the key to make a fortune.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: memed97 on August 05, 2020, 09:24:55 AM People and investors have every right to start buying crypto coins presently because they've noticed the strong bullish trend that's currently ongoing, not buying now means you missing out a lot, Bitcoin is still very bullish and there is possibility of reaching 12,000$ soon That's right, the ones who waste the chance of a bullish trend are people who are very negligent and afraid of making risks, because it's very clear that for now it's good to buy some top Altcoin and Bitcoin on a bullish market.Title: Re: Why people are buying when the price is going up and not when it is down Post by: Skinny48 on August 05, 2020, 09:28:24 AM How is it wrong to start investing right now? Bitcoin halving is over, what more could you expect than bullish trend? I believe it's just getting started, right now is still good enough to start investing on promising altcoins
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Iyeman on August 05, 2020, 09:33:16 AM People and investors have every right to start buying crypto coins presently because they've noticed the strong bullish trend that's currently ongoing, not buying now means you missing out a lot, Bitcoin is still very bullish and there is possibility of reaching 12,000$ soon That's right, the ones who waste the chance of a bullish trend are people who are very negligent and afraid of making risks, because it's very clear that for now it's good to buy some top Altcoin and Bitcoin on a bullish market.Title: Re: Why people are buying when the price is going up and not when it is down Post by: Jackl87 on August 05, 2020, 09:52:13 AM Buying into a rising market can be just as wrong as buying into a falling market because you can simply never know what happens after you have bought.
I would personally never buy a coin that is at ATH or close to it. That may be wrong too, but i just couldn't handle the fact that i could have 10x the amount of the coin for the same amount FIAT a few weeks ago or so. :-\ Title: Re: Why people are buying when the price is going up and not when it is down Post by: lebregone on August 05, 2020, 01:35:25 PM It is the common mistake that most of the crypto users should fix. Our blood become hype once we will see the crypto prices that are going upward and it is the most common reason why most of the crypto users will buy the currencies that they like.
But they didn't notice that this kind of action is very opposite on what they should do instead. Because a true trader or professional crypto users will become hype once the market will goes down badly as they can buy more currencies that they like and earn a good amount of profit once the market will recover again. Title: Re: Why people are buying when the price is going up and not when it is down Post by: arufox on August 05, 2020, 02:41:53 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? He do analysis and the result will rise again so he decided to buy it and sell it when higher. Or maybe they just FOMOWhy people not buying when it is down? because he worried the coins cannot go up or might go down more, so buying a coin that already going up is the solutions Every people have their strategy to make profits if you think that's weird, not worth it so don't follow it Title: Re: Why people are buying when the price is going up and not when it is down Post by: marks1976 on August 05, 2020, 03:02:27 PM Buying into a rising market can be just as wrong as buying into a falling market because you can simply never know what happens after you have bought. Anyone has their own reason for that. If you have experienced with the market and I think you know that if some people may shorting the up trend and that means they will buy at the pump to sell when the pump reaches the peak price. I would personally never buy a coin that is at ATH or close to it. That may be wrong too, but i just couldn't handle the fact that i could have 10x the amount of the coin for the same amount FIAT a few weeks ago or so. :-\ Title: Re: Why people are buying when the price is going up and not when it is down Post by: South Park on August 05, 2020, 08:42:38 PM It is easier for people to buy cryptocurrency when it grows in price, hoping that it will continue to grow for at least some time. At the same time, when people see that the cryptocurrency is falling in price, the fear is born that it may still fall very low and they will incur losses. To make the right decisions, you need to know well how the cryptocurrency market works. Here, even experienced traders often make mistakes in the trend of rising and falling prices in the market, what can we say about people who do not have enough experience. This is because even if the markets move sideways the majority of the time when the price begins to show a tendency inertia makes it so that tendency is maintained, people know this and then they begin to invest in a growing asset making this a self-fulfilling prophecy, the problem is that in this market where the volume is being manipulated all the time that any increase in the demand can make the price to skyrocket, this is good for traders but not necessarily for those looking to invest in it for the long term.Title: Re: Why people are buying when the price is going up and not when it is down Post by: amos77978 on August 05, 2020, 09:54:48 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? because they fear when the price Is down.. it may never go up .. but bitcoin has seen the worse of the bottom I think 3800 is the lowest it has gone since it went to 20k I'm 2017.. but people dont just learn that when the price is going down is the surest way for them to make some profitTitle: Re: Why people are buying when the price is going up and not when it is down Post by: tabas on August 05, 2020, 10:03:02 PM People are buying when the price goes up because it is the phenomenon of the fear missing out a big chance. When the price goes down it is psychologically depressing. Emotionally being caught. That's the reason why people don't have that plan to buy during the dip but are buying during the pumps. They see that they can make on it as the prices goes up but never have the thought and idea to buy during at its lowest. In that case, they are inexperienced in this space. Title: Re: Why people are buying when the price is going up and not when it is down Post by: tracyhayley on August 05, 2020, 10:53:01 PM nobody knows that the price will going up. it goes surprisingly, so people bought it when the price is going up with hope that its prices will go up significantly and make some profit.
but, buy it in the high price has a high risk too to get some loss. Title: Re: Why people are buying when the price is going up and not when it is down Post by: tabas on August 05, 2020, 10:59:23 PM People are buying when the price goes up because it is the phenomenon of the fear missing out a big chance. When the price goes down it is psychologically depressing. Emotionally being caught. That's the reason why people don't have that plan to buy during the dip but are buying during the pumps. They see that they can make on it as the prices goes up but never have the thought and idea to buy during at its lowest. In that case, they are inexperienced in this space. Psychologically, when the price goes up, people will think that the price will continue to go up and expect a profit by buying it but when the price goes down, people will tend to wait for the cheaper price to buy it. But if we have good technical and fundamental analysis, I think we will be able to decide when to buy and sell at the right price Title: Re: Why people are buying when the price is going up and not when it is down Post by: smyslov on August 06, 2020, 01:59:51 AM I'm not saying these are weak investors but there are investors who prefer to go to the flow if Bitcoin goes down they will sell right away instead of checking what's the cause, and when it goes up then they are buying thinking that the bull has finally arrive and on it's way to another all time high, of course we cannot blame people they also have daily expenses and needs to fulfill and they lack the funds to hodl their investment.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: lienfaye on August 06, 2020, 02:05:00 AM I'm not saying these are weak investors but there are investors who prefer to go to the flow if Bitcoin goes down they will sell right away instead of checking what's the cause, and when it goes up then they are buying thinking that the bull has finally arrive and on it's way to another all time high, of course we cannot blame people they also have daily expenses and needs to fulfill and they lack the funds to hodl their investment. You're right about that we cant blame the investors for choosing to sell or buy at the wrong time because its their decision and we dont know their reasons. Its because we have our own strategy as well when investing, though its still better to buy at dip and sell when the price increase. Fomo cant help you to think wise since you're after profit, study the market and decide when is the perfect time to engage yourself.Title: Re: Why people are buying when the price is going up and not when it is down Post by: irsada on August 06, 2020, 02:31:23 AM because most people think if they always follow the hype they will benefit in a short time, even though it could be that when they buy at ATH then they fall into a deep abyss.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Abiky on August 06, 2020, 03:03:30 AM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? People sometimes act based on emotions than anything else. When prices go up, people feel that they'll be missing on the "crypto train". Once crypto goes all the way down the drain, you see most of them whining and criticizing it across mainstream social media platforms. This is the common misconception surrounding newcomers in the crypto/Blockchain space. Veteran crypto users will not care about Bitcoin's price whatsoever. Of course, higher prices means more money (profit) if you've invested earlier. But what truly matters here is crypto's usability, than speculating what its price will be in terms of Fiat. Bitcoin and other cryptocurrencies will see constant fluctuations in price, because of the highly illiquid and unstable market. This means that sometimes prices will go up, while sometimes prices will go down the drain. Those looking to get into crypto at lower prices, will become disappointed when prices rise to new ATHs on the market. The same thing happens vice versa with those looking to make a "quick buck" out of crypto. No matter what crypto's prices may be, at least people can enjoy freedom over their own money. Crypto's decentralized and censorship-resistant design makes it an extremely valuable and indispensable tool. Bitcoin, being the most successful cryptocurrency to date, has been setting new records every time with new ATHs in price. Sometimes it takes a long time before prices become a lot higher than they were initially, due to negative events in the mainstream world. But if you're patient and persistent enough, you'll be able to achieve great results with your investment. In this wild and crazy world of crypto, it's impossible to achieve complete satisfaction. Either people will criticize low prices or become extremely hyped about high prices on the market. It's up to you to decide what to do with your investment in case prices go up or down in an instant. Just my opinion :) Title: Re: Why people are buying when the price is going up and not when it is down Post by: bayu7adi on August 06, 2020, 04:25:05 AM You can say they buy when the price goes up, but their math says it is cheap. There is no fixed price for a digital asset, because guessing the future is mysterious and fun. There could be a rally or bullish when they buy.
Remain confident in what you are doing right now, and I hope you will avoid doing nothing with cryptocurrency Title: Re: Why people are buying when the price is going up and not when it is down Post by: Apostlekin$$$ on August 06, 2020, 10:24:08 AM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? After Bitcoin halving many expected a quick bullish market but it never happened, many don't expect that Bitcoin and Ethereum will be bullish since few weeks ago and now that bullrun is back it's a perfect time to start buyingTitle: Re: Why people are buying when the price is going up and not when it is down Post by: robattfield on August 06, 2020, 11:04:30 AM because most people think if they always follow the hype they will benefit in a short time, even though it could be that when they buy at ATH then they fall into a deep abyss. Like early in 2018, many people took fomo and bought altcoins at very high prices. Then the market collapsed and they were stuck there, and most likely they will never be able to see those altcoins going up to ATH again. So never fomo in this market, it's very dangerousTitle: Re: Why people are buying when the price is going up and not when it is down Post by: john_nautica on August 06, 2020, 12:58:57 PM I think this happens because of what people believe in. Some people buy coins when they are declining because they have faith that it will rise up soon. On the other hand, some buy coins only when they see some improvement with the price because they also think that it will increase more soon. You see, they both believe that prices will be moving up yet, the time they thought of it as opportunity and took it is what differs with people.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: gwaposakon on August 06, 2020, 01:27:11 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? I think people who buy when the price is going up is that they know that the coin is on the uptrend. they have studied the flow of the market and they are running along the bullish cycle. Amassing a good amount and then sell when the trend is going down. Getting some gain for themselves. Title: Re: Why people are buying when the price is going up and not when it is down Post by: jrrsparkles on August 06, 2020, 01:42:21 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? I think people who buy when the price is going up is that they know that the coin is on the uptrend. they have studied the flow of the market and they are running along the bullish cycle. Amassing a good amount and then sell when the trend is going down. Getting some gain for themselves. Title: Re: Why people are buying when the price is going up and not when it is down Post by: umbara ardian on August 06, 2020, 02:09:53 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? I think people who buy when the price is going up is that they know that the coin is on the uptrend. they have studied the flow of the market and they are running along the bullish cycle. Amassing a good amount and then sell when the trend is going down. Getting some gain for themselves. Title: Re: Why people are buying when the price is going up and not when it is down Post by: RabbiTANK on August 06, 2020, 02:25:21 PM The best time to buy is in red market but when bullrun signs shows a strong support investors can just right in as well, it's never too late to invest and this presently crypto market looks stronger than ever
Title: Re: Why people are buying when the price is going up and not when it is down Post by: princecharles on August 06, 2020, 02:34:25 PM The major reason why people buy coin is because they want to make profit. Atimes, its because of the fear of missing out in the increasing price. They want to join before the price goes overboard. This may seem risky, but it could be worth it, if the project is a good one or if there's information as to what may lead to an increase in the value.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: kensaii on August 06, 2020, 03:40:20 PM Because people ain't stupid when buying high? As long as they can see a profit by thinking the price could go even higher after the buying, they are fine with their choice. Buy when it was low is okay, not for buying while it was fell sharply without any sign of recovering.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Henrytrust on August 07, 2020, 10:25:57 AM There could be diversity of reasons why people buy cryptocurrency at a particular point in time. Some persons buy at an increasing price simply because that was when they had money and since they've had intension of investing in the market, they just jump into it. Some could be because they perceive greater increase and don't want to miss out on the whole increase.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: ije07 on August 08, 2020, 07:36:29 PM Every investor has a different analysis from each other and not all coins can be profitable for investment. Fomo is one of the things that makes most investors buy when prices rise. If you want to get a lot of profit then invest when the price is low, but the problem is that the market situation is difficult to predict and we don't even know which coin will give you a lot of profit in the future.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: FaucetKING on August 08, 2020, 08:05:40 PM As long as we are talking about finances, peoples are essentially being weird when making their investments. Some peoples are trading for a long or a medium time span and these are the ones going to put buy trades in the down trend season. In the other side, some other peoples may prefer to swing trade or to do some fast trades to gain lower profits but this type usually thinks that the lower amounts of profit are safer that's why they continue in this trading basis. You can't control what peoples are doing and that's the human nature, difference is a must.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: key4co.in on August 08, 2020, 08:30:06 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? This is so true, people FOMO in when price spike and some do not even check TA to know good entry. Meanwhile, people begin to dump massively or in another case, stop loss/limit orders go to the order book when prices fall, hence more dump. It's not totally wrong to buy when prices are going up, but that should be immediately after a breakout or after a breakout and retest of resistance turned support. However, best time to buy coins is at dips, but entries matter and also reason for the dump should be considered don't get it twisted. You don't just buy a coin because it's dipping, hoping it pumps, what if they exit scam and people started to dump? Title: Re: Why people are buying when the price is going up and not when it is down Post by: funex on August 08, 2020, 09:57:25 PM People sometimes prefer buying a coin that is mooning already because they think its a good project that is the reason for the price to go up . Most people do not care about the news behind the price going up because they don't know much about that project all that matters to them is that the price is up and may keep going up so they decide to jump in and buy.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: ubay on August 08, 2020, 11:17:16 PM Many of the beginners in the crypto world always follow the trend in doing business, such as the issue of bitcoin will rise 10x from now and in the end, they are lured into buying and buying without being based on analysis and knowledge of the world of crypto. And in the end, most of them will fail.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: shollyen on August 08, 2020, 11:53:36 PM Many of the beginners in the crypto world always follow the trend in doing business, such as the issue of bitcoin will rise 10x from now and in the end, they are lured into buying and buying without being based on analysis and knowledge of the world of crypto. And in the end, most of them will fail. Some do it and still get aways with it and there are some that will definitely not get away with it, due to their ignorance. Understanding trend is very important. It will help to safeguard against uneccesary falll into the trap of whales. You see them come around, because they are afraid pf missing out from the profit. Most tend to be more conscious of the profit they want to make than security. Title: Re: Why people are buying when the price is going up and not when it is down Post by: pixie85 on August 09, 2020, 12:05:30 AM You can say they buy when the price goes up, but their math says it is cheap. There is no fixed price for a digital asset, because guessing the future is mysterious and fun. There could be a rally or bullish when they buy Your point of view is always relative because you never know in which point of the move you are. You could be seeing a 100% move up and feel like it's the peak because it just doubled in value but it could be the beginning of one of those 500% bitcoin rallies. You could be at the 80% correction and feel like its the end but really it's going to go down to 95% just like XRP did. People react to what others do and feel better in a crowd. It's basic market psychology. Title: Re: Why people are buying when the price is going up and not when it is down Post by: WannaCry on August 09, 2020, 08:22:30 AM that is the reality hahaha.. we call that as FOMO.. most of the time people are like that.. they don;t know how to buy the coin is on down or deep.. they will just start to buy when they saw the price coming up..
Title: Re: Why people are buying when the price is going up and not when it is down Post by: South Park on August 10, 2020, 04:46:59 PM because most people think if they always follow the hype they will benefit in a short time, even though it could be that when they buy at ATH then they fall into a deep abyss. The truth is that no one knows when the market is going to begin to go down and the more the market grows the bigger the expectations that keeps growing, we have seen this many times in the past and bitcoin itself was victim of this, when bitcoin reached its all time high people were talking about how much bitcoin could still grow and then when it began to go down people were really disappointed by it, however if you want to avoid this then do not buy any coin when it has reached its all time high.Title: Re: Why people are buying when the price is going up and not when it is down Post by: jpnl0006 on August 11, 2020, 04:28:45 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? People just believe that the pump in the price of bitcoin and other alternative coins will get to a new All-Time-High. Often times they don't do any form of analysis before taking adive into investing. They allow their emotions rule their sense of judgement and it finanlly leaves them making a whole lot of mistake and loosing funds. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Eco_111 on August 11, 2020, 05:59:13 PM It's not too late to buy altcoins presently, only those few altcoins that surge over 500% are too dangerous because they can still dump in value, do your research carefully and pick projects with good volume and good use case
Title: Re: Why people are buying when the price is going up and not when it is down Post by: @baoli on August 11, 2020, 07:53:06 PM It is really difficult to stop FOMO in people. Everything will seem dead and everyone will be quiet. It only takes people with experience and risk taking ability that buys at that point.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: harapan on August 12, 2020, 01:53:23 AM doubt maybe they have in mind when the price is down to buy so when the price goes up they scramble to buy so as not to be left behind when the price is getting pumped
Title: Re: Why people are buying when the price is going up and not when it is down Post by: WalkerIVIV on August 12, 2020, 07:15:05 AM It is really difficult to stop FOMO in people. Everything will seem dead and everyone will be quiet. It only takes people with experience and risk taking ability that buys at that point. As long as you have created enough awareness for everyone to never try to fall into the FOMO and i think they will think for a twice before try to get into the FOMO. i have seen so many people started to think in a smart way. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Bitcoin Miners on August 12, 2020, 10:36:46 AM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? This is simple thing because when the market go down, you will not listen many news about market and invitement at that time will not be attractive people join in. Only really people who understand the market, they know that is good time to buy Title: Re: Why people are buying when the price is going up and not when it is down Post by: havoc928 on August 12, 2020, 10:50:32 AM Actually it's because of FOMO. When market goes up people think it will be up more so they buy. But after the market reverse, they realized that it was a mistake. Emotions work here and people panic after seeing the market go down and sell all their holding. Thats why pro traders always suggest to keep your emotions out of your mind when making a decision about trade. That's true! THe fear of missing out leads people to make a wrong decision all the time. Mostly, when the market is bullish, people rush to buy without noticing that the market can reverse anytime. They fear that if they don't buy they will miss the chance to earn money. Therefore, they usually buy higher than they should. Emotions play an important role in decision making, to be professional traders you have to learn how to control your emotions! Title: Re: Why people are buying when the price is going up and not when it is down Post by: john_nautica on August 12, 2020, 01:42:57 PM Intuition is what they are following, with the thought in mind of gaining profit twice their cost if they do this.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: RokokGudangGaram on August 13, 2020, 04:33:51 PM Simply because people would want to buy something cheap that would gain them twice or even thrice that costs them from buying in the right time, when the market goes up.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Abiky on August 13, 2020, 09:32:08 PM You can say they buy when the price goes up, but their math says it is cheap. There is no fixed price for a digital asset, because guessing the future is mysterious and fun. There could be a rally or bullish when they buy. Remain confident in what you are doing right now, and I hope you will avoid doing nothing with cryptocurrency Exactly. No one knows the true price of any given cryptocurrency on the market. Everything is just speculation. People are often driven by hype and greed, leading to regrets when prices go all the way down the drain. I'd say that buying when prices are going up is a mistake, since the crypto market often experiences a correction in price. People should buy crypto when prices are going down, in order to have a bigger opportunity to make profit when everything starts going to the moon. In crypto land, where everything behaves in strange and bizarre ways, anything is expected. The ones who buy when prices are going up, are most often newcomers into crypto. They're inexperienced, which leads them to make "immature" decisions in the crypto space. But veteran crypto users know when it's the right time to buy and when it's the right time to sell. Ultimately, there might be no way to predict this due to crypto's wild fluctuations in price on the market. All you can do is diversify your investment into various prominent cryptocurrencies on the market, with the hopes of making a return of investment in the least time possible. Bitcoin is the major influencer of the market, so every time it goes up, so will other cryptocurrencies. But as I've said before, people don't pay attention to this since they're driven by hype and greed thinking that they'll become rich with crypto in the short term. Just my thoughts ;D Title: Re: Why people are buying when the price is going up and not when it is down Post by: pedpedped101 on August 13, 2020, 11:26:18 PM Simply because people would want to buy something cheap that would gain them twice or even thrice that costs them from buying in the right time, when the market goes up. That is a clearcut Fomo. Why would they so that? They cannot be sure of the price has reached its climax for that period and it is about to dump. Several people have by virtue of that lost their hard earned money, which happens most times on shit exchanges. Although, it does not also.matter of it is on a good.exchange, because it happens coins that seem to be already established. Title: Re: Why people are buying when the price is going up and not when it is down Post by: torrantz on August 13, 2020, 11:41:01 PM that is the reality hahaha.. we call that as FOMO.. most of the time people are like that.. they don;t know how to buy the coin is on down or deep.. they will just start to buy when they saw the price coming up.. When people has been falling into FOMO and they will out of their mind. So many times people bought the coin in irrational price and they will be feeling panic when they will be seeing the it as a bulltrap. They buy at peak price and sell their coin at bottom priceTitle: Re: Why people are buying when the price is going up and not when it is down Post by: Gaston Cavalier on August 14, 2020, 04:40:35 AM Because ppl have short attention spans. Ppl get bored when prices stay stagnant for a long time. Sudden up moves will jolt them out of their slumber. FOMO rings ever true.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Dhoe on August 14, 2020, 04:46:08 AM When people has been falling into FOMO and they will out of their mind. So many times people bought the coin in irrational price and they will be feeling panic when they will be seeing the it as a bulltrap. They buy at peak price and sell their coin at bottom price Title: Re: Why people are buying when the price is going up and not when it is down Post by: South Park on August 14, 2020, 06:10:47 PM Actually it's because of FOMO. When market goes up people think it will be up more so they buy. But after the market reverse, they realized that it was a mistake. Emotions work here and people panic after seeing the market go down and sell all their holding. Thats why pro traders always suggest to keep your emotions out of your mind when making a decision about trade. And the most important thing is that it is not difficult to identify when FOMO is taking place, just look at what it is happening with ethereum right now, people are buying ethereum above 400 dollars and while there is a chance they are right and the price keeps going up those chances get lower each passing day, I really think we are close to the end of the positive movement for ethereum and when people finally realize this they are going to need to take a difficult decision as they will have to either face important losses or they will have to hold their coins until they can break even.Title: Re: Why people are buying when the price is going up and not when it is down Post by: Bossfidelity on August 14, 2020, 06:18:05 PM The best time to buy cryptocurrency is when you can, take some profits and move on. Waiting for some tokens to go down may be futile since the value may never drop to the level you want. I met bitcoin when it was less than a thousand dollars, but waiting to have bitcoin at that value now may be impossible.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: lixer on August 14, 2020, 06:32:02 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? Where exactly did you get to see that people were buying more when the price was going up than when it was going down?As for me, I think people are constantly buying cryptocurrency all the time. Yes, there might be some increase in the buying rate when the price is going up, although I can’t tell if that’s true for sure, but I do check on Coinbase at the times when the price of Bitcoin is falling and the buying is still more than the selling rate. There are always traders who are constantly buying without minding the market situation. It means different traders are following different strategies on where to buy and where to sell hence we cannot assume that all the traders are buying even prices are increasing. Moreover selling at higher prices than buying place is the simple logic what all traders are looking for hence even people are buying in up-surge they must be waiting for relatively higher prices to sell out. Title: Re: Why people are buying when the price is going up and not when it is down Post by: KimmyF on August 14, 2020, 07:15:00 PM When people has been falling into FOMO and they will out of their mind. So many times people bought the coin in irrational price and they will be feeling panic when they will be seeing the it as a bulltrap. They buy at peak price and sell their coin at bottom price Title: Re: Why people are buying when the price is going up and not when it is down Post by: ameliana on August 14, 2020, 07:26:49 PM yes, but we can't really blame them or the project itself. In general, the conditions of the Cryptoqurrency market are unpredictable and even increases in coin prices can occur at any time. Depending on your knowledge in determining which coin to choose, buying at a high price is not a problem as long as project development continues and the team is working hard on it.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: chikator on August 14, 2020, 10:58:05 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? Maybe theyve never heard of the coin before it was starting to raise its value. Some people tend to buy when it is shooting up because of panic, the thought that maybe if they still buy now it would continue to go up. But for me personally, i wouldnt buy a coin when its going up Title: Re: Why people are buying when the price is going up and not when it is down Post by: ilovealtcoins on August 15, 2020, 08:29:25 AM I have a question about how many years have you been in the financial markets.
You must have heard the phrase 'Trend is friends' - the famous quote of longtime investors. If you buy on a downtrend, you are betting your money on the entire market. The biggest risk is losing all your money. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Icologies on August 15, 2020, 08:32:21 AM usually people buy when the position is up because of the trend if an uptrend occurs then all quality coins will go higher Usually this trick is done by investors to get profit in the short term
Title: Re: Why people are buying when the price is going up and not when it is down Post by: gabbie2010 on August 15, 2020, 10:17:07 AM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? Trading cryptos require some bit of knowledge people buying at peak or when the price is climbing don't really study price action thus trading blindly this is often said times without number that " buy at low and sell at high" mid July the price of bitcoin was ranging at $9000 to $9300 I believed that was the most appropriate period to buy and hodl its quit funny seeing buyers when the price is pumping probably may be just scalp some profits if so such a trader must have experience in trading.Title: Re: Why people are buying when the price is going up and not when it is down Post by: budi691 on August 15, 2020, 03:12:42 PM Strategy and analysis when relying on emotions and lack of knowledge about market movements will carry over with the flow so that you panic buying to immediately get quick profits,
is that the trend now? where everyone wants to immediately get instant profit, but not accompanied by proper analysis ;D ;D Title: Re: Why people are buying when the price is going up and not when it is down Post by: H1N1 on August 15, 2020, 03:16:50 PM This is called "quick profit" and many people want to get it by riding on the fomo train.
But we won't get profit it turned into a pump and dump works, that is only fomo trap. My advice is, don't buy coins with this method if we cannot afford to lose our money because the risk of being loss is big. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Zackgeno96 on August 15, 2020, 03:22:22 PM Strategy and analysis when relying on emotions and lack of knowledge about market movements will carry over with the flow so that you panic buying to immediately get quick profits, I guess this is because people are following their investment gurus and they are saying to buy bitcoin now because it is the trend and others are buying maybe because of FOMO and for earning quick profit in this bullish market. Most of these kinds of investors who are buying in this bullish market are gonna get hurt a lot when the market falls and they lose more than 50% of their initial investment, after that, they will never see bitcoin as a get the rich quick opportunity and will definitely do TA before making any entry trade in the market.is that the trend now? where everyone wants to immediately get instant profit, but not accompanied by proper analysis ;D ;D Title: Re: Why people are buying when the price is going up and not when it is down Post by: Lordhermes on August 15, 2020, 03:25:39 PM Buying because most traders feel its about hitting the bull run, eventually, buying when the price is going up helps give a lot of gain as might be considered short term gain in a perfect period, but not to a small input, that's why Whales are the biggest profit earner in this situation. The market is a situation where at every price there must be a buyer that's what keep the volatility of the market and make it more stable. So definitely, if every traders buys at low price then the market will experience a crash.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: GREENch on August 15, 2020, 03:30:18 PM The best time to buy cryptocurrency is when you can, take some profits and move on. Waiting for some tokens to go down may be futile since the value may never drop to the level you want. I met bitcoin when it was less than a thousand dollars, but waiting to have bitcoin at that value now may be impossible. I will tell you more, even if the price of the coin reaches the desired level (it does not matter whether we buy or sell) then this will not be enough because the notorious human greed will work against us.Title: Re: Why people are buying when the price is going up and not when it is down Post by: Andrews193 on August 15, 2020, 03:49:20 PM I have a question about how many years have you been in the financial markets. On the contrary, when we follow an uptrend, the chances are relatively high for us as the coin we invest in has more chance to be pumped, this market always needs such a crowd, we won't lose when things are still exciting and stimulating but if we enter a bear market, stuck and waiting is the first thing we can see. Of course, the angle here is just a relative of the trend and the nature of the market, a longtime investor always knows their flexibility in both markets, up and down, consider risks and opportunitiesYou must have heard the phrase 'Trend is friends' - the famous quote of longtime investors. If you buy on a downtrend, you are betting your money on the entire market. The biggest risk is losing all your money. Title: Re: Why people are buying when the price is going up and not when it is down Post by: josgandosbro on August 15, 2020, 04:02:14 PM who buy when the price rises are day traders not for long-term investments and this has become commonplace because day traders only take short-term profits
Title: Re: Why people are buying when the price is going up and not when it is down Post by: coinfinger on August 16, 2020, 08:15:02 AM Uuhm, do you only buy when the market is going up? Don’t you know that you’re taking a risk and what you’re about doing now is what is called FOMO?
Well, there is still time and you can go ahead and buy now that you still have that time. But, it is better you get to know this early, stop to FOMO, it is not a good thing and you are taking the risk of being affected if the market suddenly gets dumped. It’s always best to get in and buy any coin during those times when they are low and stable. That way you wouldn’t be taking much risk, and you will as well be buying at a cheaper rate. Title: Re: Why people are buying when the price is going up and not when it is down Post by: TEX-LXRY on August 16, 2020, 08:26:24 AM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? The main reason could be that people who are buying when it goes up because they know there will be a dump after that price pump so after that dump it will go much higher then the last hit so they are smart and clever person and sometimes they bluff and risk money. TEX-LXRY Title: Re: Why people are buying when the price is going up and not when it is down Post by: Vilagra on August 16, 2020, 05:36:30 PM I think the main reason why people didn't buy when everything fall down that they don't fix their profit during bull market and when everything fall they just don't have free fiat to invest.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Bitcoin_bullish on August 16, 2020, 06:01:08 PM That's because altcoins are shit and everyone knows they are going to zero. People trade the trend and wait to dump and take profits. If you get caught on the top you lose. The altcoin market is pure speculation and noone believes that any of the hopeless altcoins will ever grow and become the next Amazon. They are trash. You know it, the devs now it and everyone else knows this.
Someone said that people are clueless. They are not. There is noone that cares about any of the shitcoins. They can dump 99% even after a 99% dump. These are your altcoins fundamentals. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Asuspawer09 on August 16, 2020, 06:10:24 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? That's easy, a lot of people are often join when the market is on hype, probably its either they don't know anything in the market and just go with the flow or they are expecting the market to continue to increase its market price. Having those mistakes instead of investing in the market when the market price is on the dump, there is no hype when the market is a dump and everything on the news is negative, that is why people or investors are discouraged to invest. Title: Re: Why people are buying when the price is going up and not when it is down Post by: funex on August 16, 2020, 06:43:02 PM I think those people who buy the top and just those who FOMO. YAM surprised people last week as it went as high as 100$+ people were rushing to buy the top then within 24 hours the price dump to as low as 5$ and everyone who FOMO bought lost a whole lot of money.
I think if people are following a project they will know when a particular news is about pumping the token and if they cannot get in early then they should stay off that token .there is always another opportunity . Title: Re: Why people are buying when the price is going up and not when it is down Post by: popeye95 on August 16, 2020, 08:58:51 PM The only thing I can think of when people doing that because they're FOMO. Yes, it was very much real and have strong impact on the price especially when a coin was in a booming period or rally. Follow the mass and fear of missing out is the basis of human behavior. Rarely case of people doing against the mass when it comes to the crypto market.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Bitlover10 on August 17, 2020, 02:28:04 AM This is happend with me and I got stuck when I take entry at high level. People think that price is keep increasing so let's enter in it and once your buy bid filled price start Dumping but that kind of thing mostly happend with shit coin. If you are taking entry top ten coin then it's higher chances to recover your loss but when you enter in shit coin then you can loose your hard money. It's better to wait for dip and keep your emotions away from the trade. Many people loss huge money in ampl. It was going to 4 dollars and now its under 1 dollar. So do proper dyor before enter. Don't go with fomo. Its very risky.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Bes19 on August 17, 2020, 04:07:36 AM Because not everyone can read a chart or doesn't know TA. They thought it is always the good time to buy well some cases it is but TA is very important coz it helps you to identify and analyze statistical trading trend.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Denamen on August 17, 2020, 04:11:59 AM Because when price going up meaning it was on the uptrend so there could be more profitable to make. While when price going down meaning it was on the downtrend and it will going lower so people don't want to invest in it yet. I agree with you. In fact, investors only like to buy coins that are in a bull phase because that period of time is good for making a profit because investor sentiment over that period is very good. However, that does not decide anything so before deciding to buy or sell, you should spend time researching the project to avoid unnecessary risks when investing.Title: Re: Why people are buying when the price is going up and not when it is down Post by: Blue_oxen on August 17, 2020, 07:03:41 AM Because not everyone can read a chart or doesn't know TA. They thought it is always the good time to buy well some cases it is but TA is very important coz it helps you to identify and analyze statistical trading trend. True! In general, they don't know the proper knowledge, skills, techniques, and experiences to invest in this market. There is always a golden rule that is "buy low sell high". Buying when the price is going up is also a common phenomenon of FOMO (Fear of missing out). That's the result of letting emotions affect decisions, and it's extremely harmful. Title: Re: Why people are buying when the price is going up and not when it is down Post by: cabron on August 17, 2020, 07:09:36 AM Because not everyone can read a chart or doesn't know TA. They thought it is always the good time to buy well some cases it is but TA is very important coz it helps you to identify and analyze statistical trading trend. True! In general, they don't know the proper knowledge, skills, techniques, and experiences to invest in this market. There is always a golden rule that is "buy low sell high". Buying when the price is going up is also a common phenomenon of FOMO (Fear of missing out). That's the result of letting emotions affect decisions, and it's extremely harmful. They are chasing the pump which is why when they see a coin's price is going up, they tend to buy as well to find out if they can profit while the price goes us and of course they also sell when the price goes down. If they just learn how to read charts, none of us will pump the coins. Isn't everyone also got into this stage where we buy while the price is increasing up? Title: Re: Why people are buying when the price is going up and not when it is down Post by: bgaf on August 17, 2020, 08:11:54 AM Because they're just clueless follow the trend of market and looking for short term profit. They hadn't got to the point to predict the market's trend and make a choice according to it. Not many traders able to doing something like that so I don't blame them. Actually they are more like fomo guys. Some of these guys as soon they saw the market or some news flash on their screen something fomo will happened. For example, the latest news on ocean protocol. Got listed on Binance and the price increase 35% probably they will go and buy hoping for a double increase. Sometime news like that is fake, and that 35% has been happened even without the listing. You can noticed that if you are observing the market fluctuations. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Crypto_lion on August 17, 2020, 09:36:25 AM Well that's the human psychology for you. We tend to get greedy and accumulate when the price is going up and fear to invest when the price is going down when we should be doing the opposite.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Iyeman on August 17, 2020, 12:08:19 PM I think the main reason why people didn't buy when everything fall down that they don't fix their profit during bull market and when everything fall they just don't have free fiat to invest. When they were buying at the top and their coins are getting dumped and they will be feeling panic. it's very difficult to control the emotion for not shorting the market before we get a huge loss. This makes people will be missing the bump that can happen anytime. Title: Re: Why people are buying when the price is going up and not when it is down Post by: JCviggen on August 17, 2020, 01:16:02 PM Well that's the human psychology for you. We tend to get greedy and accumulate when the price is going up and fear to invest when the price is going down when we should be doing the opposite. only because of this, smart people can make money in this market. it is important to understand how people think and to act differently from the crowd.Title: Re: Why people are buying when the price is going up and not when it is down Post by: seoincorporation on August 18, 2020, 12:09:15 AM Fear and that concludes to an emotional decision. They're not looking into the graph as well, because if they did they could've waited instead. Either they do not understand what they're doing at all or it is emotion. The emotional side of the human make us takes some wrong decisions, i agree with that, but some people sell their coins at a low price because they need the money and that is not an emotional move. And more now under crisis times lot of them sell the coins because of a need. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Teraboy on August 18, 2020, 01:36:39 AM I think the main reason why people didn't buy when everything fall down that they don't fix their profit during bull market and when everything fall they just don't have free fiat to invest. They were feeling worried with the possibility for the price to go down even more. In my experience sometimes the big dump can happen anytime. They didn't expect the bump can happen too. That makes them all feel worried to enter in the market when the price is very cheap compared before it was getting dumped. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Ginger Beef on August 18, 2020, 05:57:37 PM Why people are buying when the price is going up and not when it is down?
Because crypto always goes up in a straight line, and never sells off. Title: Re: Why people are buying when the price is going up and not when it is down Post by: GREENch on August 18, 2020, 06:36:53 PM Because crypto always goes up in a straight line, and never sells off. Doubtful statement, as it seems to me, the graph of most cryptocurrencies resembles a sinusoid rather than a straight line.Title: Re: Why people are buying when the price is going up and not when it is down Post by: Abiky on August 18, 2020, 07:22:46 PM I guess this is because people are following their investment gurus and they are saying to buy bitcoin now because it is the trend and others are buying maybe because of FOMO and for earning quick profit in this bullish market. Most of these kinds of investors who are buying in this bullish market are gonna get hurt a lot when the market falls and they lose more than 50% of their initial investment, after that, they will never see bitcoin as a get the rich quick opportunity and will definitely do TA before making any entry trade in the market. Completely agree with you, mate. People invest when prices are going up because of greed more than anything else. It's that greed which leads them to failure in the long run. The wisest decision would be to buy when prices are going down, and sell when they're going up. But newcomers in crypto don't truly understand how the market behaves. In this period of uncertainty because of the COVID-19 pandemic, it's best to accumulate crypto as much as you can since prices are getting higher month after month. This is not a guarantee that you'll be able to double or even triple your investment as crypto behaves in strange and bizarre ways. If you diversify your investments into various cryptocurrencies on the market, you'll be able to minimize risks as much as possible. Given that people are often driven by money, they often make mistakes in crypto land. It's up to experienced people in the crypto industry to guide newcomers towards the right path. With proper education, people will be able to learn when to invest in crypto and when to sell their holdings for profit. Let's hope the market stabilizes in the future so that people won't lose all of their hard earned money in a blink of an eye. Just my opinion :) Title: Re: Why people are buying when the price is going up and not when it is down Post by: daglordjames on August 20, 2020, 07:46:51 AM Maybe they don't know what they're doing just buying them and doesn't wait when it'll go for low price and sell it on high or maybe they're new here that's why they just buy them.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: DarkTrix on August 20, 2020, 07:59:38 AM This is the psychology of people. It's very hard to buy when everything falls. Because it seems that the token will die
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Estehmanis on August 20, 2020, 02:46:57 PM For me it is tricks to avoiding harm , each one different way , i would rather wait up first bid to ensure his final will go up or down , can be said about the trick in doubt to control your emotions and more considered many things like the movement and analysis
Title: Re: Why people are buying when the price is going up and not when it is down Post by: wxxyrqa on August 20, 2020, 03:55:47 PM If an investor understands fundamental and technical analysis, then he buys or sells his coins based on the results of his research. But very often, ordinary cryptocurrency users start buying a coin when it starts the Rise, because there are chances that this coin will move up further. But if you buy a coin when the price falls, no one can guarantee that the coin will not drop in price even lower.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: MikeyVeez on August 20, 2020, 04:23:37 PM Because people do not behave rationally, but emotionally. You can learn about this interesting fact in this book: Thinking, Fast and Slow by Daniel Kahneman and you will know about the market´s behavior, you will learn how to advertise your product and much more ;). This fact could be applied in various ways, also we see that the crypto market is a good example :).
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Ucy on August 20, 2020, 04:36:45 PM Interesting question.
I guess they are careful not to buying and the price continues to go down or doesn't go up for long time. The best way to handle situations like that is to continuously buy the dips with stablecoin whenever there are main dips and gradually sell for profits when price starts going up. Don't invest what you can't afford to lose though. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Renampun on August 20, 2020, 04:43:15 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? this is what is called not wanting to be left behind or what is called the FOMO syndrome...a professional trader/investor will definitely only buy an asset when the price goes down but newbies will only buy an asset when they see the price is going up in the hope that the asset price will continue to rise. Title: Re: Why people are buying when the price is going up and not when it is down Post by: shoreno on August 20, 2020, 04:51:08 PM this is what is called not wanting to be left behind or what is called the FOMO syndrome... a professional trader/investor will definitely only buy an asset when the price goes down but newbies will only buy an asset when they see the price is going up in the hope that the asset price will continue to rise. Title: Re: Why people are buying when the price is going up and not when it is down Post by: TopTort777 on August 20, 2020, 04:57:36 PM Desire to jump into running train is greater than rational thinking.
People are lazy to calculate profit. They like to calculate in the amount spend minus current price and see profit. Instead of calculating number of coins/tokens bought minus amount of coins obtained through sell-buy again. Title: Re: Why people are buying when the price is going up and not when it is down Post by: South Park on August 20, 2020, 05:08:50 PM I have a question about how many years have you been in the financial markets. That is a very famous phrase that I think we all have heard, the problem is that such phrases even if they encapsulate something that is true it is impossible to apply that knowledge all the time, it is true that the trend is your friend but that is if you are able to invest your money at the beginning of the trend, but what we see most people do is to buy at the top of the movement while the smart traders begin to cash out their coins and enjoy their profits while the rest keep holding their coins in the hope the price goes up only to lose their money.You must have heard the phrase 'Trend is friends' - the famous quote of longtime investors. If you buy on a downtrend, you are betting your money on the entire market. The biggest risk is losing all your money. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Abiky on August 25, 2020, 08:41:09 PM This is the psychology of people. It's very hard to buy when everything falls. Because it seems that the token will die Agree. Everything is based on psychology these days. People quickly get hyped when prices go all the way to the moon in an instant. They believe prices will continue to go higher, leading them to invest when prices are going up on the market. When everything is going down the drain, you'll see quite the opposite. Most newcomers into crypto believe that when prices are going down, it means that crypto is "dying". But crypto veterans know that's not the case. Eventually, people will get "over it" once crypto establishes itself in the mainstream world. The industry will become mature in the future as most people get a different perspective about crypto/Blockchain tech. Just as stocks became trusted by many investors worldwide, so will the crypto market in the long run. With every bull market, comes excitement. But one needs to know when to buy and when to sell in order to avoid many undesired losses in the short term. The smart money will always invest when prices are down, looking to sell at higher prices on the market. Only newcomers will have a hard time finding their way towards making profit in this wild venture of crypto. Just my thoughts ;D Title: Re: Why people are buying when the price is going up and not when it is down Post by: Eugenar on August 27, 2020, 11:47:42 PM Well, it is because some people are afraid to gamble. Those who buys when the price of crypto is increasing, are those who cannot afford investing and waiting for years. There do tend to wait for the movement before investing to something because in such way, the direction will lessen the risk. But ofcourse, the profit will still be bigger if you invested at the "bottom" but these people are more concerned of lesser risk than bigger profit, which I think is not wrong. We just have our own ways in order to come up with profit in this industry.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: SlimShadyMmp on August 27, 2020, 11:49:45 PM Most people panic buy and it ends-up hurting them. I will say lack of proper analysis and FOMO is the main cause People feel like they dont want to miss the train and their emotion get over their reasoning which happens most of the time I think learning control will help but I think is natural to FOMO sometimes
Title: Re: Why people are buying when the price is going up and not when it is down Post by: codpku on August 28, 2020, 01:37:02 AM Its about pshycology and lack of knowledge, all people want fast profit and follow the wave but they dont know how deathly wave behind
They can get big loss if they to greedy and follow the market But we can not say that buy when the price was down was the good strategy maybe thats only first wave before the giant wave come Be patient before we decided to choose the right price and ofcourse learn more and more!! Title: Re: Why people are buying when the price is going up and not when it is down Post by: marcous on August 28, 2020, 02:02:05 AM People are too rushed into the momentum of the trend, this should be avoided if we don't have the least knowledge of fundamental and trading analysis. most people buy coins on their instinct to make quick profits. it becomes one's physiology when one sees the momentum.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: WalkerIVIV on September 01, 2020, 04:51:02 AM People are too rushed into the momentum of the trend, this should be avoided if we don't have the least knowledge of fundamental and trading analysis. most people buy coins on their instinct to make quick profits. it becomes one's physiology when one sees the momentum. They were shorting the coins and they will never try to avoid that when they can make some money from there. It's not that all of people will always do the deep research before consider when the pump has already occured and what should they do should be to join in the market as soon as possible. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Kotone on September 01, 2020, 06:24:14 AM This is a good question or statement. Actually people are always like this. When the market is down they dont want to buy but when the market is up thats the time they arr so rushed to buy a coin. It seems they only concern about the price of it and earn easy money ending up losing than winning. For those who are fearful thats not good. When everyone is crying due to market price then thats the time we should buy. Cause we can buy at cheap price.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Abiky on September 01, 2020, 06:04:06 PM Most people panic buy and it ends-up hurting them. I will say lack of proper analysis and FOMO is the main cause People feel like they dont want to miss the train and their emotion get over their reasoning which happens most of the time I think learning control will help but I think is natural to FOMO sometimes I don't get why most people do this, since it's logical that a person should get in when prices are going down (not the other way around). People become excited when prices go all the way to the moon, with the hopes of making a quick buck. Crypto is not about getting rich quick, but rather about being a useful alternative financial system for the world in times of need. It's all psychological than anything else. Believe me, I used to have the "FOMO" sentiment, only to lose a substantial amount of money when prices went all the way down the drain. It's best to wait when prices are going down, in order to buy more coins for less. Since the crypto market behaves like a "rollercoaster", it should bounce back to its original price levels after some period of time. Right now we're in a bull market, so I wouldn't be surprised many people buying at current prices. With "De-Fi" and Stablecoins on the spotlight, both Bitcoin and Ethereum will experience high gains in a short amount of time. People will continue to buy at high prices until the hype is over. Once the bear market takes place, most people who got in at high prices will regret making that decision in the first place. In crypto land where strange and bizarre things happen, people often make foolish decisions. There will always be those who buy coins at low prices, while others will buy them when they're in their ATHs. As long as you buy low and sell high, nothing should go wrong. Just my opinion :) Title: Re: Why people are buying when the price is going up and not when it is down Post by: bxipp on September 01, 2020, 06:08:38 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? That because you cannot predict the future.. If you can predict the future then i guess you will be a millionaire in no time for real. It was not easy to guess where the price will be. Down or going up. if i can predict bitcoin movement i will buy a lot bitcoin and has no worry at all to loss as i can predict the future.. ;D ;D ;D Title: Re: Why people are buying when the price is going up and not when it is down Post by: pandanaran on September 01, 2020, 06:18:12 PM There is a particular reason why someone buys at a high price, it could be because they think that the coin will someday have a higher selling price than the initial capital price. on the other hand, worry about being trapped in FOMO, because crypto price movements cannot be predicted or do not always have a fixed value.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: optimisticcm on September 01, 2020, 06:21:23 PM Most people perhaps like to believe what they see and it is not a bad thing in crypto market where trends really continue for good length of time, people get trqpped only when they buy too late or near the peak.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Nancyo on September 05, 2020, 02:57:54 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? People buy when price is going up cos they believe that the coin will eventually pay off as the price is high but when price is going down them its believed to mean either the price is resetting or dieing gradually and for that people tend to set clear off Title: Re: Why people are buying when the price is going up and not when it is down Post by: Annamike on September 05, 2020, 03:01:44 PM People see the high price as an opportunity that is good in that the coin is already a good one and hence they believe it will yield more profit for them than when the coin of a price is going low, personally I won't buy a coin that has dipped so much except one that I know its for a long time hold
Title: Re: Why people are buying when the price is going up and not when it is down Post by: royalfestus on September 05, 2020, 03:22:34 PM People see the high price as an opportunity that is good in that the coin is already a good one and hence they believe it will yield more profit for them than when the coin of a price is going low, personally I won't buy a coin that has dipped so much except one that I know its for a long time hold I like the understanding that you give to this buying when a coin is rising. Not every coin may be bought at only in the dip except we just want to deceive ourselves and others. Most purchase of the DEFI was when it was going up and many still pick good profit from it. Anyone that bought YFI at 10k (with the starting price less than $50) would have made +100% more even while buying at the price pump but this may not be applicable to all coins.Title: Re: Why people are buying when the price is going up and not when it is down Post by: ibuddy122505 on September 05, 2020, 03:34:48 PM Most people perhaps like to believe what they see and it is not a bad thing in crypto market where trends really continue for good length of time, people get trqpped only when they buy too late or near the peak. I must say each people have a different mind set. They are doing what they like in crypto space. That's correct when the price goes up as more people enter the market and buy in like crazy. then get's depressed when it dips and want to sell everything. Title: Re: Why people are buying when the price is going up and not when it is down Post by: mamesso on September 05, 2020, 04:24:40 PM They buy coins when the price starts to increase because they want to get a profit in a short time, they have in mind the coins they buy will continue to increase in price. I've also done a strategy like this, and the results are very satisfying. Some people think a strategy like this is the dumbest thing, but for me personally, better to make a profit in the near future than to have to wait a long time.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: FairUser on September 05, 2020, 06:01:48 PM Because they do not have much experience in this market and are dominated by emotions. When this market grows, they do not have the patience to wait for it to collapse, they are afraid of missing an opportunity because the price may continue to go up. But when the market bleed, they thought that the price would go down again and made a decision to wait
Title: Re: Why people are buying when the price is going up and not when it is down Post by: (o)(o)ilikeboobs(o)(o) on September 06, 2020, 02:40:46 AM You may not have heard of the phrase "Trends are friends." When the price goes up, it is likely to rise again and when it goes down, it is likely to go down again. No one is foolish to go against the trend because the possibility of losses is huge.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: _IRMAN on September 06, 2020, 06:24:21 AM A person buying when the price is going up is called panic buying, he doesn't understand trading, he just follows the trend and hopes to make a profit, when in fact this is the wrong thing. Panic buying can cause losses.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: math2020 on September 06, 2020, 07:05:49 AM Most of the people are in a great hurry. They want to be rich with in less time. When price is up they expect that it will go more up and even in up ward they expect it more and do not sell .when price take dump they sell. Secondly most of us do not know TA or FA .
Title: Re: Why people are buying when the price is going up and not when it is down Post by: proscratcher on September 06, 2020, 08:18:37 AM Market emotions. That's the nature of humans. People make a decision based on emotions most of the time(excitement). And that's why the market is going up and down, because of the randomness of people. Fear and greed create trends.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: b1k4ng on September 06, 2020, 08:58:34 AM Buying when the price goes up is only a short-term trader because with it they can get a profit, for people who think long-term, of course they will not buy when the price is rising, they will sell it.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: mamesso on September 06, 2020, 11:16:39 AM A person buying when the price is going up is called panic buying, he doesn't understand trading, he just follows the trend and hopes to make a profit, when in fact this is the wrong thing. Panic buying can cause losses. In fact they really understand trading, strategies like these are very often carried out by the traders who are smart to see opportunities, they will take advantage of the opportunity when the coin is rising to get profits in the short term. When we decided to trade, we must set investment targets and see opportunities before taking action, because there are so many novice traders who make the wrong decision and result in losing their money.Title: Re: Why people are buying when the price is going up and not when it is down Post by: Abiky on September 07, 2020, 10:34:39 PM There is a particular reason why someone buys at a high price, it could be because they think that the coin will someday have a higher selling price than the initial capital price. on the other hand, worry about being trapped in FOMO, because crypto price movements cannot be predicted or do not always have a fixed value. Exactly. It's all about psychology than anything else. People usually have a "FOMO" sentiment every time crypto's prices rise like skyrocket. They believe they'll miss an opportunity of a lifetime to make massive profits on the market. But you and I know the extremely volatile nature of crypto. Prices can quickly go down the drain once they reach the "peak". This could lead towards many undesired losses, making people regret having invested all of their money into crypto in the first place. Regardless of what the average person decides to do when prices are going up or down, the smart money will invest wisely in order to minimize losses as much as possible. Even in a decaying crypto market, whales have successfully made huge profits as they know how to "time" the market. Nonetheless, crypto's prices on the market are truly unpredictable. The best you can do is to diversify your investment not only into crypto, but in the traditional stock market as well. This will give you some sort of leverage to protect yourself against high fluctuations in price. When people decide to do this, many undesired situations could be avoided. Always remember: with high risks there's high rewards. Just my opinion :) Title: Re: Why people are buying when the price is going up and not when it is down Post by: GreenStox on September 08, 2020, 03:52:35 AM having no experience, not knowing about trading, then it is tempting to see the market in a rising state and will buy it because their mind tells them that the price will go up again.
Likewise when they think down they say that the price will fall even further and force them to sell, at least that's what novice traders have in mind. Title: Re: Why people are buying when the price is going up and not when it is down Post by: bobyhodob on September 08, 2020, 04:03:54 PM having no experience, not knowing about trading, then it is tempting to see the market in a rising state and will buy it because their mind tells them that the price will go up again. when you don't have any trading experience at all, in my opinion, don't trade right away and it's better to learn first how to trade when these conditions are very dangerous because prices tend to fall, if you want to try trading then you should use a small amount of money so that it can be used to find out that the analysis you have done is correct or not.Likewise when they think down they say that the price will fall even further and force them to sell, at least that's what novice traders have in mind. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Masyudhi on September 08, 2020, 04:13:23 PM because the trend is positive because when a positive trend comes many coin crypto can up, there are some coins that are not stopped
example yesterday the increase occurred in bitcoin and ethereum rose so high and of course many investors are taking the opportunity on the contrary, when a negative trend comes, the decline will occur continuously even for a long time Title: Re: Why people are buying when the price is going up and not when it is down Post by: lienfaye on September 10, 2020, 01:50:16 AM because the trend is positive because when a positive trend comes many coin crypto can up, there are some coins that are not stopped I understand that some investors prefer to buy when the market is going up, it means a profit for them if the uptrend is consistent. However we cant predict the next movement of the market, if the value continue to soar high then that would be good but what if the price drop right after you buy? We cant be so sure about this one just like what happened last 2017, many buy coins at peaked price then suddenly there's a correction that happened making them lose their money.example yesterday the increase occurred in bitcoin and ethereum rose so high and of course many investors are taking the opportunity on the contrary, when a negative trend comes, the decline will occur continuously even for a long time Title: Re: Why people are buying when the price is going up and not when it is down Post by: codpku on September 10, 2020, 02:11:26 AM Lack of knowledge and let emotion to guide them and thats totaly wrong in trading
But if market is going up and up trend thats was some of strategy to i think But still lot people buying when the price is going up and not when it is down because just only read someone say it in group So that why we have to invest to our own from neck to head, read and study first before going in to the market in to crypto Title: Re: Why people are buying when the price is going up and not when it is down Post by: Dr.Osh on September 10, 2020, 07:42:32 AM One thing I think about is, they want to take advantage of the rising prices that are going on, and quite a few people are benefiting from that. For example, when Ethereum starts to go from $ 300 to $ 500, people will sometimes buy when the price has reached a certain point. However, the side effect of this is, the price could dump suddenly and it will be very costly.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Mauser on September 10, 2020, 08:45:31 AM Lack of knowledge and let emotion to guide them and thats totaly wrong in trading But if market is going up and up trend thats was some of strategy to i think But still lot people buying when the price is going up and not when it is down because just only read someone say it in group So that why we have to invest to our own from neck to head, read and study first before going in to the market in to crypto I think it's mostly due to emotions that people tend to buy when prices go up and not when they are falling. When prices are falling everyone is kind of in a state of panic and things more about minimising loses rather than gains. Also it's hard to know when exactly the bottom is reached, so what happens is that people tend to wait too long to buy and price already recovered. One more reason might be trading software that use the monthly or weekly average data to find buying or selling signals. Such a trading system usually only starts buying once prices are already rising again. Title: Re: Why people are buying when the price is going up and not when it is down Post by: iTradeChips on September 10, 2020, 10:39:06 AM In these times with the unpredictability of the markets surrounding crypto, it is really hard to convince one not to buy if the price is going up. The fear of missing out is one negative trait that must be controlled if not eliminated. One has this mindset that it will go further up if one is not familiar with the patterns that has already been taught over and over by many trader who were here before us. It takes a little learning and research to know how to read the market and how to make smart trading decisions. So that when it goes all down then you don't have to worry too much.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Bossfidelity on September 10, 2020, 10:45:08 AM I don't think anybody would love to buy at a higher value when he's aware of an option of buying much lesser. The major reason why people buy at increasing prices is because of the hope that the price would increase much more or the fear of losing out from getting the getting the coin. In every case, people want the best for themselves.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: GatotKaca on September 10, 2020, 10:46:47 AM crypto world is different from other world of trade that's what I saw so far trend is the main choice when the uptrend comes, all coins can go up
and very hard to stop, especially for bitcoin but on the contrary, when the downtrend comes, the price of all coins will fall it occurs because of panic sell by investors when a fall occurs it is difficult to get back up Title: Re: Why people are buying when the price is going up and not when it is down Post by: cryptonewbie on September 10, 2020, 11:15:32 AM I think people are just greedy and lose focus by buying the top. I say this because I have seen even experienced crypto traders chasing the pump. This happened to a friend of mine recently that chased a pump of a DeFi coin by buying at $1.45 only for the price to dump to around 60 cents now. It is just plain greed more than lack of experience.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Xembin on September 10, 2020, 11:16:39 AM Bitcoin is not predictable, no matter how old you are in the forum. those that purchase when the price is going up, thinking the price will continue to go up, not knowing the price can drop at anytime in the process of exchange.
I guess, the right time to buy is when the price is falling,because there's a great future ahead of it. Title: Re: Why people are buying when the price is going up and not when it is down Post by: escalante28 on September 11, 2020, 02:38:52 PM No one want to be left out when the bull run is her. Each and everyone is trying to make something out of this season. Although some are novice and they cannot differentiate between good project and bad project. Many just jump at any FOMO. They thought also that the rise will continue so when the price is going up they want to be in before the price skyrockets. That's their hope anyway. But this is not true to most alts as sometimes the pump is done by the team themselves to attract traders, so once they got their money, the dump is forthcoming. And that part sometimes is not foreseen by the traders who bought the coin. Title: Re: Why people are buying when the price is going up and not when it is down Post by: bitzizzix on September 11, 2020, 03:11:48 PM It looks like they buy when the price goes up in the hope that it will continue to go up, and in the end the price falls back from the price it was before buying it, and it's all out of uncontrollable greed.
and besides that it is not based on the knowledge and understanding of crypto well, but over time they realized and started to learn it. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Kong Hey Pakboy on September 11, 2020, 03:24:27 PM I think some people are only buying bitcoin or other cryptocurrencies when the price is high rather than low price because they don't have any idea when is the right time to buy bitcoin that they don't have any knowledge when it comes to analyzing the market charts. It is why they only buy crypto if they heard the price is going up, so they could have a chance to earn even a little amount of profit.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: raes on September 11, 2020, 03:36:19 PM I think some of the people who buy when the trend is up are short term traders or investors. they only take advantage of the moment to seek profit shortly. they won't keep for long. when they have made a profit they will quickly sell it. this principle will differ for long-term investors.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: sulendra12 on September 11, 2020, 03:58:36 PM It's unpredictable, they intended to wait until the price is down but it's ended up they are still going up. It has 2 outcomes when it comes to this:
1. Price is keep going up and they don't want to miss any opportunities to grab the quick profit, the prime example is on yobit when the trash coins were being pumped by bots. You could got really quick bucks there(I got more than $100 in just one sit, 10 mins to be precise) 2. It's just a bait and once the hype is gone, the price is either stable or dump really hard. The latter one sucks and it always happens. Title: Re: Why people are buying when the price is going up and not when it is down Post by: mung_nasib on September 12, 2020, 09:08:09 AM I think these players want to take advantage of the market situation when the price really shows an increase but the risk they receive is also greater because with the difficulty of estimating the price every time it is a factor, traders can experience losses as well.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: warg2017 on September 12, 2020, 09:42:48 AM I think this is maybe we called the word "asymmetry of information",this kind of people did not know anything about a token before its price is going up.When the price of a coin rises rapidly, news about the coin will spread quickly in various media, different kinds of forums and various social software.This kind of people saw there was a profit to be made, they rushed in. On the contrary, a coin down or steady,this kind of people know nothing about it.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: criket on September 13, 2020, 04:32:37 AM I think these players want to take advantage of the market situation when the price really shows an increase but the risk they receive is also greater because with the difficulty of estimating the price every time it is a factor, traders can experience losses as well. moments like that can be used for those who have large capital and trade flash. when the market has shown a decline they must immediately exit the trade and secure their assets. if not and they leave the market without paying attention to the possibility of the market going down then he will lose a lot of money in the market.Title: Re: Why people are buying when the price is going up and not when it is down Post by: feitannnnnnn on September 13, 2020, 05:33:20 AM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? The transition of rise and fall is very unpredictable in the market, so that's what made it interesting and risky, so I can say for some of the people, the view of seeing a price going up, makes them feel like it will be an easy money and investment. But it is not, KNOWLEDGE is the key ,some of the people I know, barely understand the logic behind the market prices, inflation and deflation, in other words economics. So if we will plot the rise and fall of the market, you cant barely see 2 points that is not in zigzag, so as the people not know any of these things, they will believe what they want to believe, and the assurance they need for their investments. But this is just always at the beginning of everything. Eventually, they will learn how to grasp every situation, follow the trends of events between the corporations, know when and where to invest, and lastly, to know how to control the flow of the money within the circulation. Title: Re: Why people are buying when the price is going up and not when it is down Post by: terizla on September 13, 2020, 07:53:25 AM Because most of them worried about the price without studying their mistakes before.
Like 1 person hold eth, but after see the price moving down 1-2% theyy worried and sell it and vice verca Title: Re: Why people are buying when the price is going up and not when it is down Post by: cute nmp on September 13, 2020, 10:36:41 PM Obviously that is the same mistake people usually make all the time when making an investment . They don't buy when the price is low,many only show interest to buy when the price is high but logically one is supposed to buy when prices are low and sell them when the prices becomes high to gain more profit.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Lantind on September 14, 2020, 08:45:01 AM Obviously that is the same mistake people usually make all the time when making an investment . They don't buy when the price is low,many only show interest to buy when the price is high but logically one is supposed to buy when prices are low and sell them when the prices becomes high to gain more profit. Only some people often make the same mistakes and on average they still lack experience in the field of trading, so things like that are very rare for traders who are truly professional in crypto and want to take risks and are not afraid to buy. when the price is cheap.Title: Re: Why people are buying when the price is going up and not when it is down Post by: bakasabo on September 14, 2020, 09:31:02 AM Answer is simply - fear and greed. People are afraid to buy when price is low, because they dont believe it will recover. And they buy when the price grows, because they try to catch the missing train. This is all due to lack of trading education also. They dont know or have never experienced, that they can resell with profit what they have bought during market fall.
People are used to calculate "have bought at $10, sold at $11 = profit 1$". But few only understand that "yesterday price was $10, today I have bought at the price of $9, sold later at the price of $8" and get same $1 profit. What scares most of the people is that exchanges usually draw this "$9" like "$9 -10%/24h". Title: Re: Why people are buying when the price is going up and not when it is down Post by: Kakmakr on September 14, 2020, 09:36:22 AM Because most of them worried about the price without studying their mistakes before. Like 1 person hold eth, but after see the price moving down 1-2% theyy worried and sell it and vice verca What mistakes... nobody knows what the price is going to be tomorrow, so everyone are just taking wild risks when they have to decide when they buy. Bitcoin and Alt coins are not predictable for people to not make mistakes. Yes... when there is a short upward spike, you might be lucky enough to spot it, if you look at the price on a daily basis.. but not everyone does that. I always say, just buy some coins at any stage, because we do not know when the next all-time-high will be and if you have to wait for 5 years.. then so be it.. just make sure you wait for it and that you have bait in the water... otherwise you will never stand a chance to catch the big fish. ;) Title: Re: Why people are buying when the price is going up and not when it is down Post by: plr on September 14, 2020, 09:51:08 AM Fear has something to do with this they fear that if they buy without a signal that the price is going up they might lose again when the price is going down, these people are not investing what they can afford to lose and they always follow what the people are saying or when the market is moving they buy when people are starting to buy.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: usm2000 on September 14, 2020, 10:21:43 AM No one can know the future , difficult untuik predict a heaving may be lowered his price predictions of the future as you can imagine a lot of people have become wealthy because they already know what happens in the future
Title: Re: Why people are buying when the price is going up and not when it is down Post by: usm2000 on September 14, 2020, 10:23:39 AM Fear has something to do with this they fear that if they buy without a signal that the price is going up they might lose again when the price is going down, these people are not investing what they can afford to lose and they always follow what the people are saying or when the market is moving they buy when people are starting to buy. I think fear is not the main reason, because i feel as the fear will only hold us to move, while i think they just do not know what will happen in the future, and estimated the priceTitle: Re: Why people are buying when the price is going up and not when it is down Post by: Davian144 on September 14, 2020, 10:44:04 AM No one can know the future , difficult untuik predict a heaving may be lowered his price predictions of the future as you can imagine a lot of people have become wealthy because they already know what happens in the future Yes, all humans will never know any future, especially their future, because the one who knows the future is God alone, apart from that, only estimates and predictions whose truth can be doubted by anyone, because it is clear that we can know the future. so from the first everyone can be rich according to his wishes.Title: Re: Why people are buying when the price is going up and not when it is down Post by: GWS My Boy on September 14, 2020, 11:00:17 AM many people choose to buy when the market is in a rising state the main factor is just wanting to make a profit in a short time because I noticed when the uptrend arrived, coin will rise and cannot be stopped
Title: Re: Why people are buying when the price is going up and not when it is down Post by: taguig on September 14, 2020, 11:31:00 AM They are waiting for the price to go down and waiting for the floor, they want to make more profit when the price hit the floor, but they are watching and looking if the price will move forward and up and once it moves up that's the time they are going to buy because they thought it already hit the floor.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: matchi2011 on September 14, 2020, 12:50:52 PM many people choose to buy when the market is in a rising state the main factor is just wanting to make a profit in a short time because I noticed when the uptrend arrived, coin will rise and cannot be stopped Yeah right this kind of traders / investors tends to ride with the hypes, they are really hoping to see some good results in a short period of time, only to realized that they are just risking their money. Many has been trapped since they are buying at the peak and once the market start to crashed they are also riding accepting to lose their money. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Captain Corporate on September 14, 2020, 04:29:50 PM Obviously it is not ideal that people do this, however people are forgetting that there are tons of people who got into financial world for the first time. Some people here could be very well versed in either coding or directly trading, coders can be better because these people are already very good at math, you need a bit of math to be able to study coding (afterwards, coding requires very minimum math depending on what you code), and the other people are all forex traders and stock traders or people who at least did it a bit. However compared to all those people, some people are brand new here, they do not deal with anything like that before and never really learned, they got here for the first time and this is very confusing for them. I personally feel lucky because around 2010 I started stock trading and it took me just 2 years and I got into crypto after that, so I had just a tad bit of knowledge and here for the past 8 years I learned very well too, but that doesn't change the fact that some people are new and they will eventually learn. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Elderman87 on September 14, 2020, 04:53:26 PM It is a mistake that most newbies make.
They see a coin going up and with lots of hype from telegram groups, they buy it while the price is so high up. It is very risky. I used to do this in my early days of crypto trading and got burnt badly. Now I wait for the coins to retrace before buying Title: Re: Why people are buying when the price is going up and not when it is down Post by: Google+ on September 14, 2020, 05:05:35 PM many people choose to buy when the market is in a rising state the main factor is just wanting to make a profit in a short time because I noticed when the uptrend arrived, coin will rise and cannot be stopped well this is the problem today, many traders still cannot regulate their emotions so they are always provoked when the price goes up to enter and buy it when the price is high, even though it is a very dangerous way because it can make us stuck at high prices, you should wait until you experience it. corrections and we can go in to buy them.Title: Re: Why people are buying when the price is going up and not when it is down Post by: Majharul Saiif on September 14, 2020, 05:34:02 PM It happens when there are some lackings of experienced people, sufficient business knowledge and market analysis etc. Some people who haven't any sense of business and risk management those people think the price is rising it will continue for a long time. But they don't research on that this market is not stable and price can be fall anytime.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: soulripper on September 14, 2020, 05:43:26 PM Everybody got their own think but most of the time it will be more safe to buy when the price is going up rather then buying it when drop as we all dont know what will the bottom when it dropping. That was the most peoples will do correct?
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Abiky on September 14, 2020, 06:39:01 PM I think people are just greedy and lose focus by buying the top. I say this because I have seen even experienced crypto traders chasing the pump. This happened to a friend of mine recently that chased a pump of a DeFi coin by buying at $1.45 only for the price to dump to around 60 cents now. It is just plain greed more than lack of experience. Greed is what leads many people to invest when prices are going all the way to the moon. There's no other explanation. It's all based on psychology as people are made to believe that prices will continue to go up like there's no tomorrow. Once prices go down the drain in an instant, many will regret having invested in crypto in the first place. That's the way it works. Usually, newcomers into crypto make these mistakes. But veterans in the crypto space know when to buy and when to sell. When you're often seeking profit (greed), you'll end up losing most (if not all) of your money in the long run. That's why it's best to take it slow and easy (patience) in order to achieve great results in the future. By taking your time to do your own research about an specific crypto project you're willing to invest into, you'll avoid many undesired situations in the long term. The crypto market often requires a lot of patience as it behaves in strange and bizarre ways. To stay on the safe side, leave some savings in Fiat (or a stablecoin) aside to protect yourself against wild fluctuations in price. If you do that, you'll live a steady financial life with crypto regardless of its current price on the market. Just my thoughts ;D Title: Re: Why people are buying when the price is going up and not when it is down Post by: DU18 on September 14, 2020, 06:59:21 PM Everybody got their own think but most of the time it will be more safe to buy when the price is going up rather then buying it when drop as we all dont know what will the bottom when it dropping. That was the most peoples will do correct? Despite all the thoughts that exist I think such a method will be very risky for us to experience losses because it could be that when buying when the price is rising but an unexpected rebound occurs, causing the price to decrease and of course our assets will get stuck and it is difficult for us to be able to limit our loss. It seems that the trading concept "buy when it's cheap and sell when the price is high" is a concept that we need to apply in trading because that way every time there is a price correction, of course, it won't make us experience big losses in the market.Title: Re: Why people are buying when the price is going up and not when it is down Post by: timmmers on September 14, 2020, 07:30:51 PM We think that everything in nature is rational, we think that people behave rationally, so the market could be predicted because it behaves rationally. The opposite is true, people are very irrational beings and they are manipulated by emotions. ::) :)
Title: Re: Why people are buying when the price is going up and not when it is down Post by: landoffaucets on September 14, 2020, 07:53:44 PM Think about yoursel. When you would like to buy? When price is cheap, but, when price is cheap, you are afraid that the price will be cheaper. So you buy when price is high because you are afraid that price will be higher, right? :D
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Bitcoinislife09 on September 14, 2020, 08:47:08 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? That is actually a bad way of trading since the most effective method is buying low and sell high. What is happening here is just a lack of experience trading in bitcoin or altcoins. If your a beginner or don't have a lot of knowledge in trading or about the market I think you would usually going to do this bad method and end up doing a bad decision and losing your investment by selling it at a low price. Probably a common mistake by the newbies. We all experience it and it's just frustrating when you did that mistakes that it why it is recommended to do a lot of research about where you are going to invest your funds. Title: Re: Why people are buying when the price is going up and not when it is down Post by: XCANA on September 14, 2020, 09:10:29 PM Fear has something to do with this they fear that if they buy without a signal that the price is going up they might lose again when the price is going down, these people are not investing what they can afford to lose and they always follow what the people are saying or when the market is moving they buy when people are starting to buy. I think fear is not the main reason, because i feel as the fear will only hold us to move, while i think they just do not know what will happen in the future, and estimated the priceTitle: Re: Why people are buying when the price is going up and not when it is down Post by: Republikcoin.com on September 15, 2020, 05:41:32 AM We think that everything in nature is rational, we think that people behave rationally, so the market could be predicted because it behaves rationally. The opposite is true, people are very irrational beings and they are manipulated by emotions. ::) :) the simple reason is, they want to feel the price increase that is happening. so, they buy coins even when the coin price is going up, hoping for a further increase. I've also tried that. however, buying when prices are rising is more confident than buying tokens when prices are dumping.Title: Re: Why people are buying when the price is going up and not when it is down Post by: GatotKaca on September 15, 2020, 05:56:41 AM the crypto world is different from other investment worlds trend is the main choice the uptrend will be positive for investors seen when experiencing an increase very hard to stop many investors bought at that time usually investors only take short-term profits then they sell and monitor how the market is moving if the market is still in an uptrend they will buy again and so on
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Leonard2016 on September 15, 2020, 06:51:37 AM We think that everything in nature is rational, we think that people behave rationally, so the market could be predicted because it behaves rationally. The opposite is true, people are very irrational beings and they are manipulated by emotions. ::) :) yeah but It is not easy to stop emotions , especially when you can read the charts and signals all ok and you buy it suddenly they rug it like sushi , I mean it is not just for newbies and even professional traders get trapped too sometimes and this is inevitable! Title: Re: Why people are buying when the price is going up and not when it is down Post by: Sirait on September 15, 2020, 07:17:31 AM ~snip yeah but It is not easy to stop emotions , especially when you can read the charts and signals all ok and you buy it suddenly they rug it like sushi , I mean it is not just for newbies and even professional traders get trapped too sometimes and this is inevitable! we must always think clearly and do research first before really want to buy or sell. don't be easily influenced by the excitement that occurs in the market. Title: Re: Why people are buying when the price is going up and not when it is down Post by: gazilla on September 15, 2020, 08:13:36 AM Dude...the question was funny. But you are right, and the reason why it is so it is because everybody wants to join the upward train as they hope will go high, and the other way round, because you never know how low they may go.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Inkdatar on September 15, 2020, 03:15:03 PM Dude...the question was funny. But you are right, and the reason why it is so it is because everybody wants to join the upward train as they hope will go high, and the other way round, because you never know how low they may go. This is true some able to go with the train on buying that somehow they can earn profit. When the price is going up the urge to purchase at high price and not thinking that it could drop at anytime. It is also an alarm to those who go with the hype that it can really lose your money quick. So this is also a an awareness on being careful when doing trades. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Saisher on September 15, 2020, 03:48:23 PM Dude...the question was funny. But you are right, and the reason why it is so it is because everybody wants to join the upward train as they hope will go high, and the other way round, because you never know how low they may go. People don't have a judgement of their own or analysis of their own, they want to rely on people's judgement and the market movement if they see that the price is moving down, they are in a hurry to sell, and if they see the price is moving up, they are in a hurry to buy, they are part of the domino or a paper boat they just go with the flow. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Melody2 on September 15, 2020, 04:26:48 PM People who buy when the price is going up are not patient. They are greedy and will curse and swear at crypto trading when the price eventually dumps on them. These people will never buy when price is low but are quick to jump in at the nearest all time high of coin prices. I do not have any sympathy for them when the market comes crashing hard on them.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: witbla on September 17, 2020, 05:42:21 PM I've noticed that there is huge variety of different solutions coming onto the market, so I am here with the strategy I personally use. From my point of view, mine is pretty rational and can help to find the most advanced solution for you
Title: Re: Why people are buying when the price is going up and not when it is down Post by: hwtee on September 17, 2020, 05:43:28 PM I've noticed that there is huge variety of different solutions coming onto the market, so I am here with the strategy I personally use. From my point of view, mine is pretty rational and can help to find the most advanced solution for you Well, there are many aspects that matter, indeed. And we are not only talking about the idea as the idea, but much more about complex approach. So curious to hear yours Title: Re: Why people are buying when the price is going up and not when it is down Post by: witbla on September 17, 2020, 05:45:16 PM Well, there are many aspects that matter, indeed. And we are not only talking about the idea as the idea, but much more about complex approach. So curious to hear yours I am starting with the niche. For example, talking about me, I am fond of different progressive bots stopping and reliability increasing platforms. When the niche is chosen, I try to have a look at the solutions that are having the highest ratings along with real feedback from users. And then I am also evaluating things on my own, paying attention to team, future opportunities and more Title: Re: Why people are buying when the price is going up and not when it is down Post by: hwtee on September 17, 2020, 05:50:17 PM I am starting with the niche. For example, talking about me, I am fond of different progressive bots stopping and reliability increasing platforms. When the niche is chosen, I try to have a look at the solutions that are having the highest ratings along with real feedback from users. And then I am also evaluating things on my own, paying attention to team, future opportunities and more Hmm, usually people just follow what everyone follows. But to be honest, I love your strategy more, kinda it is deeper and more objective. As you are into the industry, can you give me an example of the solution that meets your requirements? Title: Re: Why people are buying when the price is going up and not when it is down Post by: witbla on September 17, 2020, 05:52:23 PM Hmm, usually people just follow what everyone follows. But to be honest, I love your strategy more, kinda it is deeper and more objective. As you are into the industry, can you give me an example of the solution that meets your requirements? One of the most worthwhile solurions I am aware of is hCaptcha. hCaptcha is designed to solve the most labor intensive problem in machine learning: labeling massive amounts of data in a timely, affordable, and reliable way. hCaptcha allows websites to make money serving this demand while blocking bots and other forms of abuse. Google them to check more Title: Re: Why people are buying when the price is going up and not when it is down Post by: matchi2011 on September 17, 2020, 05:56:24 PM because some people don't understand how trading works, only some people know how trading work, buy altcoins in price down, and also people can't control their own psychology makes them fomo The very big problem is your own attitude, the emotions that let you lose your opportunities,.Most of those traders who fomoing with the trending projects mostly got trapped inside it. Instead of gaining profits they've ended up losing their money, it's hard to predict the price but if you are prepared enough you'll be able to avoid doing this things, planned ahead and make sure you understand everything before jumping to this business. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Radio-Active on September 18, 2020, 02:24:47 AM Simple, because they want to sell it if the price keeps going up.
When the coin price is going down, we won't know when the coin price will going up. But when the coin price is going up, there is high possibility the coin price will still going up and we can make quick profit from buy and sell it later in short time. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Swordsoffreedom on September 18, 2020, 03:28:58 AM People do such kind of thing out of greed and fear. When there is a sudden pump, people regret it and say if I had bought the coin before the price went up! Then they keep an eye on it without buying that bullish coin. When they see that the price of the coin is gradually increasing more, they feel greed and think price will rise further. :-\
But at the same time, their fear is that the price already has gone up a lot, if the price does not go up further! ??? With such a dilemma, they buy that coin at the highest price. :-X Title: Re: Why people are buying when the price is going up and not when it is down Post by: Pompa on September 18, 2020, 07:49:19 AM Abilities and technique are the main reasons why they buy a coin if the price is going up. They learned how they earn a money in that situation, their tactics is running good and gaining is their to make success.
Title: Re: tại sao những người đang mua khi giá là đi lên và không phải khi nó xuống Post by: noorammak on September 18, 2020, 10:55:42 AM Bottom fishing is the worst way to make your assets drop quickly, but when the trend starts to go up, you buy for sure you will have better returns.
Investors often say "The trend is you", so be careful with your trade. You go against a trend which means you go against the actions of thousands of other traders. Trend trading is the best way for you to keep your account safe. Title: Re: Why people are buying when the price is going up and not when it is down Post by: lousie9 on September 18, 2020, 11:40:04 AM usually people follow market trends, for example coins that are on the rise in the market make most traders want to take part in them even when prices are high, but after their own research results .. and IMO, this is what I'm worried about if new traders who don't have knowledge of crypto or have just joined the industry and are unable to manage their financial management properly will lose quickly.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: calandra78 on September 18, 2020, 11:46:18 AM Abilities and technique are the main reasons why they buy a coin if the price is going up. They learned how they earn a money in that situation, their tactics is running good and gaining is their to make success. you are right, they have better skills in trading. because trading when the market is in an uptrend is very difficult to control emotions. market analysis skills must be precise. because it could be a trend that occurs in just a matter of hours. I believe it is not long-term investors who do this. they are day traders who are good at analyzing the markets.Title: Re: Why people are buying when the price is going up and not when it is down Post by: bonyaserg on September 18, 2020, 12:17:06 PM In this situation, it can be determined that most people have no experience in trading on exchanges. And many participants see the coin grow and think that the coin will continue to grow. And all participants start to buy up quickly, and prices fall, and all participants lose a lot of money on this. For correct work on the exchanges, you need to thoroughly study the market, and then make a decision to buy the desired coin. And buy the coin while it is only worth the original price.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: bits4books on September 18, 2020, 12:51:59 PM You answered your own question. People see that the price is rising and believe that this is a great entry point - and Yes, this is at the level of the meme "we buy on heights, we fix on lows". All these newcomers believe that since the price is rising right now if they have time to buy at the current price they will jump on the legendary rocket to the moon. And as soon as the price starts to fall, they panic sell all their tokens with the thought "why did I come here at all? the cryptocurrency is so stupid", thereby generating many different articles, posts, tweets and other content that investing in cryptocurrencies is difficult, difficult and harmful to the heart.
Well, what to take from them? They're all hamsters. Title: Re: Why people are buying when the price is going up and not when it is down Post by: cryptothreads on September 18, 2020, 01:19:55 PM usually people follow market trends, for example coins that are on the rise in the market make most traders want to take part in them even when prices are high, but after their own research results .. and IMO, this is what I'm worried about if new traders who don't have knowledge of crypto or have just joined the industry and are unable to manage their financial management properly will lose quickly. Before trading or investing, you need a strategy to ensure your risk is minimized. In addition, it is necessary to evaluate all that is going on to choose the most appropriate time to trade. This is something an investor needs to know when entering the market, but if the market suddenly collapses you should also cut your loss when necessary. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Ekyfitri on September 18, 2020, 01:29:41 PM usually people follow market trends, for example coins that are on the rise in the market make most traders want to take part in them even when prices are high, but after their own research results .. and IMO, this is what I'm worried about if new traders who don't have knowledge of crypto or have just joined the industry and are unable to manage their financial management properly will lose quickly. Before trading or investing, you need a strategy to ensure your risk is minimized. In addition, it is necessary to evaluate all that is going on to choose the most appropriate time to trade. This is something an investor needs to know when entering the market, but if the market suddenly collapses you should also cut your loss when necessary. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Zeronic on September 18, 2020, 02:11:07 PM Maybe they don’t know how is the strategy, when u want to invest in cryptocurrency. Or maybe they buy it before because they don’t want the price of bitcoin increasing bigger. But commonly people buy when its price down.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: coin-investor on September 18, 2020, 02:41:56 PM It's their prerogative, it's their money anyway and they want to safe in their investment, they don;t want to buy coins and after buying they find themselves at loss because the value keeps dropping so they prefer to buy when the price is going up and not when the price is dropping, they though it's more safer.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Captain Corporate on September 18, 2020, 05:24:24 PM I believe that people are not really that much of a big trader so they do not really know what is "up" and what is "down", bitcoin makes the slightest down and they think it is down down and not just a bit down and they get out, which it recovers from as we all know, that is why they end up not buying at down. Up is the same way as well, they end up buying while it is going up and they end up seeing stuff like "bitcoin will be 100k" and so forth everywhere which is not true for at least right now, but they believe it because they are new and they think "that is x10, I should get in on it" and it stops after like %5 profit. Which is why not knowing up or down is a common thing and should not be a big deal, it just so happens that newbies may not know them very well. Title: Re: Why people are buying when the price is going up and not when it is down Post by: agis50 on September 18, 2020, 08:34:15 PM Everyone has their own strategy for trading. Those who only follow FOMO usually only want to get a little profit to avoid high risks. Buying coins when it goes down is quite risky, because not all coins will easily going up. The team needed "a big news" to attract investors to buy their coins on the exchange, and of course it isn't easy. I think buying coins when it's going up is better, because you only need to pay attention to the moment "buy/sell" to make a profit.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: zenit22 on September 20, 2020, 03:02:35 PM I think the thing is that people are afraid of being late. The price is rising and they think that they are losing profit. This is simple psychology. I think it's all because of greed. And when the price falls, people are afraid that they will lose money.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: yangongear on September 20, 2020, 05:13:05 PM It's the principle of the market. When market on sale, they will find the way to sell off their asset to cutloss, and every is strong bullish, they become FOMO, going to buy and expect in a quick profit.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: s1mer on September 20, 2020, 05:14:23 PM Welcome to trading.
If nobody would buy at ATH price, how would we take the profits from the dip? ;D ;D Title: Re: Why people are buying when the price is going up and not when it is down Post by: pixie85 on September 20, 2020, 05:22:17 PM Maybe they don’t know how is the strategy, when u want to invest in cryptocurrency. Or maybe they buy it before because they don’t want the price of bitcoin increasing bigger. But commonly people buy when its price down. Those who buy when it's up want to ride the wave. It's possible if you buy in the middle of the rise and can be pretty profitable even when you're late for the party, as long as you keep your hand on the button and are prepared for stop loss. Buying when the price is down is pointless with shitcoins. You're waiting for a whale to come and pump it which may never happen. Title: Re: Why people are buying when the price is going up and not when it is down Post by: naikturun on September 20, 2020, 05:52:54 PM because they imagine and follow trends in the market.
if the market goes up they believe the price will go higher then buy it and a few moments later the price goes down even though they don't know how long it will take. and conversely if the market goes down they believe that the price will fall even further so they sell to avoid bigger losses even though it is not necessarily that it will go down for long. the winners are those who set the target in every action. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Dondeon on September 20, 2020, 07:49:08 PM It is unfortunate that many tend to buy when the price is going up maybe because of the FOMO surrounding the project at that point, many don't even take correction of price into place before jumping to buy a token when the price is up and most of them end up losing out. It is important to buy when the price is down than buy when the price is up.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: erikoy on September 21, 2020, 11:45:13 AM I think you are wrong with it because only new to cryptocurrency will buy crypto but not those experience enough to invest and risk their money. Most of the people who buy when bitcoin or altcoin has low market price are those people that knows what and when to invest. If you know someone who invested now maybe you should have told him what to do especially when market will be crashing. Most of them will sell due to panic just like what happen to my investment and now I regret that bitcoin had grown so fast and so good.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: bonjouros on September 21, 2020, 04:41:47 PM I also notice this kind of mindset where most of doers are newbies meaning they are riding the hype hoping that they will get more profit by doing it but they forget that they should have earn more profit when they have bought when the price crashes.
Most of the newbies are afraid to buy in bear season because they think that what if the time will come that the crypto will become worthless or something like this. This is what notice to most of the investors who didn't accumulate their assets at bear season or they just don't have the patience to wait for the bull season to occur again. Title: Re: Why people are buying when the price is going up and not when it is down Post by: drlukacs on September 21, 2020, 05:00:19 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? I have had cases like this so I think the problem is we don't have a plan. Because when prices plummet, people tend to be anxious and frightened, so without a plan they wouldn't dare to buy. So in order to trade well, we should work with a clear plan so that we are not driven by our inner emotions.Title: Re: Why people are buying when the price is going up and not when it is down Post by: Icologies on September 21, 2020, 05:05:06 PM can be seen from the current market conditions bear season still continues and what happens is just hang on and go down buying coins in a downtrend is too risky unless the maximum decrease occurs so it's better to wait for the trend up to arrive then buy coins at that time
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Abiky on September 21, 2020, 05:48:33 PM We think that everything in nature is rational, we think that people behave rationally, so the market could be predicted because it behaves rationally. The opposite is true, people are very irrational beings and they are manipulated by emotions. ::) :) Exactly. People behave on emotions more than anything else. When they see prices going up at an unprecedented rate, they believe they'll miss an opportunity of a lifetime to make huge profits. Once prices start going down the drain, they think crypto is about to fail. In other words, they buy when prices are going up and they sell when prices are going down. This is the usual behavior of newcomers into crypto with no trading experience. The smart money will always buy when prices are going down the drain, since the crypto market usually bounces back to its original levels. It's like a roller coaster in this volatile world of crypto. If you play your cards right, you'll be able to do fine even when everything seems to be falling apart. The key is to put most of your holdings into Fiat or a stablecoin of your choice to preserve your spending power. You can put the rest into volatile cryptocurrencies to make profit within the short term. In the end, most people will end up buying or selling crypto the wrong way since they're not willing to fully understand how the market works. It's something unavoidable since everything is based on emotions than anything else. As long as there's market activity for various crypto assets, the industry will do fine for a very long time. Smart crypto investors will buy and sell at the right time in order to minimize losses as much as possible. Just my thoughts ;D Title: Re: Why people are buying when the price is going up and not when it is down Post by: AlexAtom on September 22, 2020, 03:12:42 AM It is because people want to buy it before the price going too high.
If the price is very high, then they can't buy with cheaper price. Most people will come if the coin price increasing because later they can sell it higher than their buying price. Although there is no guarantee the price will be higher, but they still take the risk. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Abiky on September 29, 2020, 06:40:51 PM It is because people want to buy it before the price going too high. If the price is very high, then they can't buy with cheaper price. Most people will come if the coin price increasing because later they can sell it higher than their buying price. Although there is no guarantee the price will be higher, but they still take the risk. People are willing to take the risk with crypto, as long as they can multiple their investment in the least time possible. Crypto has a misconception of being a "get rich quick" scheme. It explains why people buy crypto when prices are going up and not when they're going down the drain. The vast majority of people doing this have no prior experience in trading, nor they know how crypto works. As long as the mentality of buying high and selling low is still in effect, most people end up losing all of their hard earned money in an instant. Only those who know when to buy and when to sell, will benefit in the long run. Crypto's prices are more speculative than anything else. Investing when prices are going all the way to the moon is mostly based on emotions than all the other way around. Regardless of what people do with their money, crypto will be here to stay for a long time. The market will continue to be extremely active, which is a good sign for crypto's adoption in the mainstream world. Just my thoughts ;D Title: Re: Why people are buying when the price is going up and not when it is down Post by: okala on September 29, 2020, 06:49:45 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? There is this principle in trading and the principle is called "the trend is your friend" you hardly lose if you can trade along the trend line. When the market is at the top or down is always the most risky place to place a trade as it always go against most of the trading positions. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Anyobsss on September 29, 2020, 08:07:25 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? There is this principle in trading and the principle is called "the trend is your friend" you hardly lose if you can trade along the trend line. When the market is at the top or down is always the most risky place to place a trade as it always go against most of the trading positions. Title: Re: Why people are buying when the price is going up and not when it is down Post by: HK88 on September 29, 2020, 09:12:16 PM everyone has their own strategy. but if someone buys at a high price it may be because they don't want to miss the positive market trend and their strategy is to short term. It could be that, when the price is low, they don't want to make a decision because they are afraid of losing, so when the price starts to rise they buy it. What we need is to find out where we are before anything happens. If you miss it, take it off and wait for the next train
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Pompa on September 29, 2020, 09:13:27 PM The main reason on that are same as an actual earning of some profit. See the difference between a lower and a higher price. Let's as base on the basic commodity people got panic to buy if the price getting high. For this situation here in crypto if the coins pump the price all the investors see their much bigger gain on huge time for the exchange.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Abiky on October 04, 2020, 12:28:13 AM usually because of a trend. like the example of a UNI token. hundreds of thousands of people or DEX users get uni tokens for free. and out there are many who do not get it and then follow market trends by buying it when the price is low / high, citing the belief that the coin has potential in the future. So, it can be said that there are all kinds of reasons why someone buys at a low price or a high price. People are always following the money. As you've said before, they invest when there's a trend on the market. With free coins or tokens distributed to anyone participating in specific "De-Fi" platforms, the rewards are often too hard to ignore. This creates demand on the market which leads to astronomical levels in price within a short amount of time. Emotions and hype is what drives people to buy crypto assets the most when prices are going all the way to the moon. As long as this is the case, cryptocurrencies with real use cases in the mainstream world will be under the radar of many investors and traders alike. All in all, the decision of buying or selling a cryptocurrency depending on the market situation will solely rely on the person himself. Some people make the right decision by buying low and selling high. But others do it all wrong by putting all of their investment in hyped cryptocurrencies with no real use cases for the mainstream world. There's nothing we can do about this, since it's the normal behavior of the crypto market. As long as you make your decisions based on research instead of others' opinion, your investment will be safe in this wild and crazy world of crypto. Just my opinion :) Title: Re: Why people are buying when the price is going up and not when it is down Post by: Adreman23 on October 04, 2020, 05:15:16 AM I think people are buying when the price is going up because of hype, fear of missing out or fomo, and trending( want to earn more profit by following the trend) sometimes this is the best strategy to earn more money in short term. Make sure if you bought in high price and the price goes higher, sell it as soon as possible, remember trading is a gamble some are losing and some are winning, and always set stop loss to avoid the massive dump.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: darkphoenix2610 on October 11, 2020, 02:09:11 PM People tend to buy when the price is going up because they simply panic about getting left behind from the trend. What they forget is that crypto is always having the pump and dump ways. After getting the pump there will be the so-called correction or consolidation stage. So be wise and learn how to do TA, it will help a lot in determining whether it is going up or going down.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Maxstl007 on October 11, 2020, 02:12:31 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? Crypto can be very tricky sometimes, those who are buying when price is surging aren't fool because sometimes a bullish thread is just getting started, if you don't jump in while you can you will regret and most times FOMO consumes many and they end up losing money, my advice is never invest all you have on a coin when there is a bullish thread, the possibility of corrections are huge so go in with half of what you want to invest and keep the rest for probably price down Title: Re: Why people are buying when the price is going up and not when it is down Post by: arbifahrozy on October 11, 2020, 04:23:18 PM I think its just like stock market. When the price is going up people will pay their attention on it. So, they will buy it because the price is raising. I think they only buy it because of news or hype from any sources. Good investor know how to buy & sell.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Dedewahyu on October 11, 2020, 05:06:13 PM FOMO lol, we can see the difference between professional traders and newbies here
professional trader if he sees FOMO then he will take advantage of FOMO for scalping so that he can get profit very quickly and when the price starts to dump the price he will wait until it touches the lowest resistance and make long-term trades that's what i do when trading Title: Re: Why people are buying when the price is going up and not when it is down Post by: bryant.coleman on October 11, 2020, 05:44:17 PM I never purchase any asset when it's price is going down, unless I have a solid reason to decide otherwise. Because from what I have seen so far in my career, it is always best to invest in an asset when the price is recovering. You may have to pay 5% or 10% extra, but you will be sure that the asset will not become completely worthless in near future. Anyway.. different people have different investment strategies..
Title: Re: Why people are buying when the price is going up and not when it is down Post by: chikading2016 on October 11, 2020, 09:23:08 PM It is true more people buy when the price goes up, maybe it is all because they maybe have a fair that the coin will become an exit scam if they buy it when tbe price is slowly going down, but if the price is going up there will be a great excitement and there is a big chance of earning if it rise continuously so it is more safe to buy if the price is going up than buying if the price is down.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: The cure on October 11, 2020, 10:58:29 PM Maybe they prefer to buy when the price is high because they see it as potential and they expect it to increase even more. They don't want to miss the flow of market trend, it's just their strategy to earn more in trading.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Danslip on October 11, 2020, 10:59:41 PM FOMO lol, we can see the difference between professional traders and newbies here The definitions mislead here, the FOMO is to catch the train when it is on the move but the OP talks about jumping on the trading when it is not there. When the price increase a lot and there is no resistance in front of the charts the price will not react anything and smart traders know how to grab this opportunity with buying before the train moves. Other people just join due to inexperience and ignorance, plebs rekt soon in all conditions. The justice in trading is for experienced traders who have an strong mental abilities to accept the loss and move forwards. The useless emotional conditions in trading is harmful and can destroy the total bankroll less than 5 minutes. Revenge trading is perfect example why emotions shouldn't be part of trading process.professional trader if he sees FOMO then he will take advantage of FOMO for scalping so that he can get profit very quickly and when the price starts to dump the price he will wait until it touches the lowest resistance and make long-term trades that's what i do when trading Title: Re: Why people are buying when the price is going up and not when it is down Post by: Abiky on October 13, 2020, 07:46:13 PM I think people are buying when the price is going up because of hype, fear of missing out or fomo, and trending( want to earn more profit by following the trend) sometimes this is the best strategy to earn more money in short term. Make sure if you bought in high price and the price goes higher, sell it as soon as possible, remember trading is a gamble some are losing and some are winning, and always set stop loss to avoid the massive dump. Exactly. It'll all about hype than anything else. People believe that they'll be able to multiply their investment in a very short amount of time. This is attributed to human greed, eventually leading towards many undesired losses in a blink of an eye. Buying when prices are going up is usually a decision made by newcomers in the crypto/Blockchain industry. Experienced crypto traders and investors will buy when prices are going down in order to grab huge profits within the next bull market. But the average person is largely focused on getting rich quick due to his/her lack of knowledge of how crypto truly works. All in all, there may be nothing we can do about this matter, since it's the usual trend of the crypto market. It all depends on a person's perception of crypto than anything else. As long as you play your cards right, you'll be able to avoid many undesired losses in the long run. It takes hard work and perseverance in order to obtain good results in crypto land. By doing your own research about an specific cryptocurrency project, you can decide whenever you'd want to go all in crypto or all the other way around. The market behaves in strange and bizarre ways where prices instantly go all the way to the moon only to go down the drain thereafter. It's like a roller coaster ride. Diversifying your investment into various cryptocurrencies will help protect yourself against market volatility. Ultimately, trading is like gambling due to its extremely unpredictable nature. Just my thoughts ;D Title: Re: Why people are buying when the price is going up and not when it is down Post by: Chuky92 on October 14, 2020, 07:18:19 PM I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. ??? The reason why most don't buy when the price is going down is that, they don't know if it will go deeper than their buy price and if it does, will it later go higher than their buy price and give them profit. There are most coins one can buy and it will keep dumping that the buyer might be left with no other choice than to sell at loss. On the other hand, the reason people buy when the price is going up, even though it's risky is for them to make profit, but this is very risky as the aim might not be achieved. However, from the two different cases, it all depends on the type of coin. Bitcoin for example dumped during the early days of the pandemic, most people bought and it later went up. Once in a while when the market is favourable, people buy Bitcoin or Ethereum just to take their own profit. Therefore, the right idea is to buy good coins (Bitcoin etc) when they dump and when the price goes up, you sell and take your profit, if you are not a holder. Lastly, not all coins are worth buying when they go down at the same time, not all coins are worth buying when they go up. Title: Re: Why people are buying when the price is going up and not when it is down Post by: Sebas.tian on October 14, 2020, 07:34:50 PM The answer is, they are not conversant with the happenings in the world of cryptocurrencies. So many investors or individuals don't care to study a technology before making their investment, they just jump into any wagon. Many thought about Bitcoin as a means to earn quick so they can buy anytime even when the market give a bull trap signal without them knowing. Education is the best anyone can do when talk about a new technology, don't buy Bitcoin when it price go upwards with good percentage, always buy in the dip.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: sgenuine on October 14, 2020, 09:28:17 PM People tend to buy when the price is going up because they simply panic about getting left behind from the trend. What they forget is that crypto is always having the pump and dump ways. After getting the pump there will be the so-called correction or consolidation stage. So be wise and learn how to do TA, it will help a lot in determining whether it is going up or going down. This is true. They are trying to be in time to get to the last train. When the price of any coin (not Bitcoin only) is going down, the majority of people think: “Oh, gosh, now I will lose everything”. And they start in panic selling their altcoins. This is the strategy, which really leads to losses. Title: Re: Why people are buying when the price is going up and not when it is down Post by: abdulodoi on October 14, 2020, 09:29:06 PM I guess alot of people are just following trend or as they call it "FOMOing' in. The trick is also buying high and selling low i guess. Whichever way, no loss is incurred if you do not sell when it's down.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: investgarant on October 15, 2020, 07:27:37 AM Our brain seeing price movements up or down thinks it will continue, and our greed suggests that the expensive will be more expensive and the cheap will be cheaper. This can work on steady trends when the whole market is going in the same direction, but not local.
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Greatdev on October 15, 2020, 08:57:53 AM If people are buying when coins are surging this is an example of total FOMO ( Fear of missing out ), I was caught in this few months back this very year and I lost 2800$ in the process, the coin worth 2$ and I got in at 1.9$, it manages to reach 2.2$ and I thought this is only the beginning, just few hours later it dumped back to 1$, this is just pump and dump project, today this coin worth 0.02$ per coin, I could have got out at 1$ and accept my loss but I thought it would recover later, I end up getting out at 0.06$, FOMO and Greed should be put aside when venturing into crypto
Title: Re: Why people are buying when the price is going up and not when it is down Post by: Abiky on October 17, 2020, 07:00:42 PM because not all the coins that we buy when cheap can provide profit. Sometimes you have to wait 1 to 2 years, so people buy when it is trending because they want to get a quick profit, even though the profit is only a little. that's the day trader strategy This is something that's unavoidable since people usually follow the money. They believe that they'll miss an opportunity of a lifetime to grab massive profits once prices start going all the way to the moon. It's what leads them to buy when prices are going up and sell when prices are going down. You'll notice that people's behavior in the crypto/Blockchain space is truly driven by emotions more than anything else. Cryptocurrency projects that are often "hyped" will gain the most attention in the mainstream world. This results in higher prices within a short amount of time. Things are even worse nowadays with the "De-Fi" hype. People are buying "De-Fi" tokens like crazy without doing their own research about the project they're investing into. It'll eventually lead to undesired losses in the long run, due to the lack of due diligence from the average person. As I've said before, there's nothing we can do about this since people are always into the next big thing in crypto. If you play your cards right, you'll be able to succeed in this wild and crazy world of crypto. Otherwise, you'll become bankrupt in an instant. In a market where volatility comes first, people will often continue to buy high and sell low. The rest will invest wisely in order to minimize risks as much as possible. Just my thoughts ;D |