Dont believe on sale

[arpon11]

Indeed, many discount promotions on a large scale but it turns out they raise the price first and then they give a discount as if the price is cheap from the previous price, but actually it is a normal price manipulated to attract consumers' attention, this is where the community starts consumptive because buying goods is indeed not a priority for actual needs.

This is "manipulations of the mind" we are all guilty of this as business men and women. I have worked in a boutique were this type of increasing price before " discount sales" happened. Some time my boss will double the  price of the goods before sending massage to people on sales.
Bitcoin discounting is quite different from the goods discounting and when bitcoin is discounting it is a transparent process unlike our normal sales.

[upsidedown75]

Dont mind about the negative thing that people said, you can't stop people's mouth, when the price go high they will say that bitcoin ia too expensive when its cheap then they will say bitcoin is cheap things, and the funny part a lot of people buy bitcoin when its high, when it's cheap people will wait and wait for another dip

I am happy we are in economics section and virtually all of us here have idea about economics which is why an economist will tell you that Human wants are insatiable, and this is what drives us to doing lots of things we do in order to get comfort.

People will always have their own opinion and different view of things, we have our own separate life and we should not be watching what people say to live our life, we should just do the things we do just because it makes us happy, if the price of bitcoin is comfortable for us, we buy and if it is too expensive, we leave it, our decision should be based on what our mind tells us and not what people say.

[Ibizugbe1]

It takes self discipline to tame one's emotion and to avoid  buying liabilities which in the long run could lead to ruining one's financial stability and realized we have left important matters for useless trending stuffs that have no real value in the long run.

[FlightyPouch]

Sales are their strategies to earn or sell the things that are not that popular with its normal price. It is true though that there are some items on the sale that is much higher than it's normal price but not all of the stores are doing such a thing. For example, I've set my eyes on an item for months in a store and I thought that it will be bought quickly since for me it is a great painting. But while time passes, it is not been taken by anyone so I consider myself lucky and at that time, they start to put a discount on it, so lucky indeed.

[rose9696]

Sales are everywhere. Sale on shoes, bags, shirts, gadgets and everything. Malls and shops use this technique to attract buyers, but you know what?  Do you think you've been discounted a higher price than ordinary? No. Instead of saving 20%, you spend 80% on things you dont really need. This is not economical and most of us are easily lured to it. This is what i hate about people. When there's useless trending items on sale, they buy immediately even on credit cards but if bitcoin drops, they talk negative about it. Normal mindset wants to get temporary attention. Not permanent comfort.

I think everyone has their own way of thinking and a way of life. we are people who strive to make money and they are fashion lovers. We cannot compare with them.
But anyway, we still act for a good future, we will deserve a good future. Those who waste money will not have a rich future.

[Nellayar]

Sales are everywhere. Sale on shoes, bags, shirts, gadgets and everything. Malls and shops use this technique to attract buyers, but you know what?  Do you think you've been discounted a higher price than ordinary? No. Instead of saving 20%, you spend 80% on things you dont really need. This is not economical and most of us are easily lured to it. This is what i hate about people. When there's useless trending items on sale, they buy immediately even on credit cards but if bitcoin drops, they talk negative about it. Normal mindset wants to get temporary attention. Not permanent comfort.

Only economically wise have their own mindset regarding with this statement. As an educator, I always say to my student that being a rich did not see in a clothe or gadgets you have. Because, all of that are just a liability and not a true asset. What we need to do is to save and invest money for future use. A society is dynamic, we should not settle ourselves with the trend but we need to cope to our mind that investment is our future.

[juperos]

Sales are everywhere. Sale on shoes, bags, shirts, gadgets and everything. Malls and shops use this technique to attract buyers, but you know what?  Do you think you've been discounted a higher price than ordinary? No. Instead of saving 20%, you spend 80% on things you dont really need. This is not economical and most of us are easily lured to it. This is what i hate about people. When there's useless trending items on sale, they buy immediately even on credit cards but if bitcoin drops, they talk negative about it. Normal mindset wants to get temporary attention. Not permanent comfort.

right. But there are a lot of people who are ignorant of the market and they think they have bought a great item at a cheap price.
Electronic sales websites have a lot of discount types like that and it really makes me feel uncomfortable.
They are inadvertently pushing the price of the product up at very high prices.

[mirawantirinjana]

Yes that's true. We lost a lot of money on "discounted stuffs" in market.
We actually don't need them in our house/ office.
My rule: I will do a yearly/monthly checklist and only buy things on checklist. 

if you lose a lot of money because you're tempted by a "discount item" it's your fault. you are tempted because of the many bonuses from purchasing tokens that you have even though they are worthless and the bonuses or discounts you get are not useful.

[ethereumhunter]

Yes that's true. We lost a lot of money on "discounted stuffs" in market.
We actually don't need them in our house/ office.
My rule: I will do a yearly/monthly checklist and only buy things on checklist. 

Discount will be their secret weapons to attract more buyer to come and buy their product. Realize or not, our life is full with discount and sometimes, that make us confuse to choose the product that has a good discount. And related to the market, if we are in the bear market, then we get so big discount because every coin has to get down and we can buy at a low price.

[kamudd]

That's right, sometimes discounts or discounts will only result in waste of funds just for unnecessary things, and so in the crypto world like some ICOs that offer big bonuses but lead to fraud.

[Mahanton]

Indeed, many discount promotions on a large scale but it turns out they raise the price first and then they give a discount as if the price is cheap from the previous price, but actually it is a normal price manipulated to attract consumers' attention, this is where the community starts consumptive because buying goods is indeed not a priority for actual needs.

This is "manipulations of the mind" we are all guilty of this as business men and women. I have worked in a boutique were this type of increasing price before " discount sales" happened. Some time my boss will double the  price of the goods before sending massage to people on sales.
Bitcoin discounting is quite different from the goods discounting and when bitcoin is discounting it is a transparent process unlike our normal sales.

Same experience yet i previously worked on a shop where making some sales out of manipulated original price which lured up people to buy if they do saw those % sales off.
This is indeed manipulation of the mind and for those people who arent aware with these things will most likely end up on purchasing things which arent really needed.

[uneng]

I think it's pretty normal:
When goods prices go down people will like it, as they can buy more with less;
When btc price goes down they will complain, as their btcs (money) will buy less things.

The only people who like cheap bitcoin are those who didn't enter the market yet, or that are ready to invest more.

[Genemind]

I agree with you. I used to be fooled by sales before but I have learned my lesson. I have found out that their sale items have the same value as its original price. Since then, I never believed in sales anymore. Better buy with current and original price than to be fooled and deceived.

[terrong]

Sales are everywhere. Sale on shoes, bags, shirts, gadgets and everything. Malls and shops use this technique to attract buyers, but you know what?  Do you think you've been discounted a higher price than ordinary? No. Instead of saving 20%, you spend 80% on things you dont really need. This is not economical and most of us are easily lured to it. This is what i hate about people. When there's useless trending items on sale, they buy immediately even on credit cards but if bitcoin drops, they talk negative about it. Normal mindset wants to get temporary attention. Not permanent comfort.

sellers will do anything to make what they sell sold out, I know that and I never really believe what they say, even if I go to the mall I only buy the items I need, and I leave the others, right now there are lots of people who sell by doing various kinds of methods like ICO, STO, and IEO, don't be tempted by what they say because it will only make us confused, we only need to buy good and real products.

[tippytoes]

I agree with you. I used to be fooled by sales before but I have learned my lesson. I have found out that their sale items have the same value as its original price. Since then, I never believed in sales anymore. Better buy with current and original price than to be fooled and deceived.

Many are doing that strategy. Yet many people are still deceive by this marketing strategy. Though there are really good deals that you can find. But, it is always better to buy what you need and not what you want. We will just waste our money for items that will clutter our home.

[Daniwahyu007]

I agree with you. I used to be fooled by sales before but I have learned my lesson. I have found out that their sale items have the same value as its original price. Since then, I never believed in sales anymore. Better buy with current and original price than to be fooled and deceived.

Many are doing that strategy. Yet many people are still deceive by this marketing strategy. Though there are really good deals that you can find. But, it is always better to buy what you need and not what you want. We will just waste our money for items that will clutter our home.

it's true that such a mindset isn't good, buying things that we don't need only makes the whole house full

[awik p]

I agree with you. I used to be fooled by sales before but I have learned my lesson. I have found out that their sale items have the same value as its original price. Since then, I never believed in sales anymore. Better buy with current and original price than to be fooled and deceived.

Many are doing that strategy. Yet many people are still deceive by this marketing strategy. Though there are really good deals that you can find. But, it is always better to buy what you need and not what you want. We will just waste our money for items that will clutter our home.

I see this strategy targeting many housewives, such as walking to the mall and seeing big discounts, so they will be interested, and forget about the main destination to the mall. so that finally it seems as if you are buying less needed items

[GregH37]

Sales are everywhere. Sale on shoes, bags, shirts, gadgets and everything. Malls and shops use this technique to attract buyers, but you know what?  Do you think you've been discounted a higher price than ordinary? No. Instead of saving 20%, you spend 80% on things you dont really need. This is not economical and most of us are easily lured to it. This is what i hate about people. When there's useless trending items on sale, they buy immediately even on credit cards but if bitcoin drops, they talk negative about it. Normal mindset wants to get temporary attention. Not permanent comfort.

There is no problem when buying goods if there is a sale as long as it does not compromise the expenses you needed daily. Anyways, how does this issue connect to cryptocurrency?

LOL. I think it is still in one way or the other elated if we connect it to ICO. I know the post doesn’t have much relation with crypto but I think in this regard, we can relate It to presale. Presale is just similar to what most malls do here too.

They reduce price making investors believe that they are buying at discounted rate meanwhile they are not, whatever discount they initially give to the investors is the original value the ICO would have had, so we should not get lost in this presale of a thing because eventually in the long run, many people still end up buying at a price cheaper than what was sold at presale when it hit an exchange.

[kodtycoon]

Sales are everywhere. Sale on shoes, bags, shirts, gadgets and everything. Malls and shops use this technique to attract buyers, but you know what?  Do you think you've been discounted a higher price than ordinary? No. Instead of saving 20%, you spend 80% on things you dont really need. This is not economical and most of us are easily lured to it. This is what i hate about people. When there's useless trending items on sale, they buy immediately even on credit cards but if bitcoin drops, they talk negative about it. Normal mindset wants to get temporary attention. Not permanent comfort.

i personally have never been interested in sales that have a discount, how much the discount given is just a manipulation or game for those who in essence the item does not really have a low selling value and it is just a charm for consumers. the manipulation or game sales system in any market has become normal and i just don't want to be a FOMO

[Ucy]

Nice analogy! 
 You made a good point.  I think why people behave differently with bitcoin is due to  uncertainty. If bitcoin price volatility is predictable, I am sure most people will buy whenever the price goes down