Why people are happy only when the price goes up?

[jaberwock]

Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

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

It’s in human, we only want to be making more and more and we don’t want to lose. They will hardly accept loss.
Well, this I cryptocurrency and you must accept that it’s not all the time you will be making profit. No, it must not work that way.

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

[Abiky]

If you belong to those people who invested in bitcoin at a lower value, then it is normal for you to be happy when the price goes up.

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

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

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

[mandor]

the answer is very simple, when the price of Bitcoin rises high, the price of the coins we store in our wallets will also go up high, including useless junk coins may also will to increase. although some are unhappy because the price of Bitcoin is rising but they can also take advantage of opportunities such as selling and waiting to buy when there is a decline.

[qory]

Many people will be happy when seeing bitcoin or altcioin price going up, they will use moment how to get much profit with bitcoin and altcoin.
Always moment waiting for many traders when getting bitcoin on higher price, give dominance for altcoin to allow how altcoin could growing up too, maybe depend how trader make altcoin dominance than bitcoin and give solution how to take much profit with market looking green.

[Findingnemo]

If you closely watch the WO thread then you can find the people who are real enthusiasts of cryptos not just for the price, they just say it as another day even when the value of bitcoin gets dumped very huge.But its common right people who bought the bitcoins at higher prices can't be happy if they watch the price of their asset goes down.

[kotajikikox]

If you closely watch the WO thread then you can find the people who are real enthusiasts of cryptos not just for the price, they just say it as another day even when the value of bitcoin gets dumped very huge.But its common right people who bought the bitcoins at higher prices can't be happy if they watch the price of their asset goes down.

WO thread is for Bitcoin Enthusiast meaning almost all the people posted there are expecting either Bitcoin to Grow high so they can sell,or Bitcoin price to down low so they can purchase again,this is how market goes.

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

[radjie]

Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

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

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

[Oyarebu]

the answer is very simple, when the price of Bitcoin rises high, the price of the coins we store in our wallets will also go up high, including useless junk coins may also will to increase. although some are unhappy because the price of Bitcoin is rising but they can also take advantage of opportunities such as selling and waiting to buy when there is a decline.

That's for those who bought when the price was pretty low, they are always happy for this reasons because when the price rise above their bought level they have already acquire some good profit. Though, there are many others who don't find happiness whenever the price of Bitcoin rise, until it rise above their bought level. Those sects will keep on shilling bitcoin till it exceed their bought level.

[TIDOVEE]

Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

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

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

[finaleshot2016]

the answer is very simple, when the price of Bitcoin rises high, the price of the coins we store in our wallets will also go up high, including useless junk coins may also will to increase. although some are unhappy because the price of Bitcoin is rising but they can also take advantage of opportunities such as selling and waiting to buy when there is a decline.

That's for those who bought when the price was pretty low, they are always happy for this reasons because when the price rise above their bought level they have already acquire some good profit. Though, there are many others who don't find happiness whenever the price of Bitcoin rise, until it rise above their bought level. Those sects will keep on shilling bitcoin till it exceed their bought level.

There's a lot of opportunity last march where you can buy a lot of bitcoin because the price is too low. Now that the bitcoin price value go up, they wanted a decrease for them to buy, it's kinda unfair for those who waited for almost many months just for the bitcoin to go up. If they missed the chance to buy when there's an opportunity, then it's not our fault if we want to the bitcoin price to go up 'cause we waited so much time after the bitcoin halving and we are currently waiting for the 10k-11k$ mark.

[Findingnemo]

If you closely watch the WO thread then you can find the people who are real enthusiasts of cryptos not just for the price, they just say it as another day even when the value of bitcoin gets dumped very huge.But its common right people who bought the bitcoins at higher prices can't be happy if they watch the price of their asset goes down.

WO thread is for Bitcoin Enthusiast meaning almost all the people posted there are expecting either Bitcoin to Grow high so they can sell,or Bitcoin price to down low so they can purchase again,this is how market goes.

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

WO thread its not all about pricing, I spend lot of time there even I wear the hat as WO community even if I am not posting much there but still I love to read the replies there.Most of the posts made about the prices are from newbies but the real members are like its okay if prices fell down or raise they keep discussing about lot other things in crypto space not only about price.

[ufaiz50]

Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

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

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

[Gotumoot]

Why wouldn't they be happy about it when they get a profit? Everyone would be happy when they earned something from their investment.
Everyone have their own happiness just like what OP have mention there some people who are also happy when the price goes down they are the one's who wants to invest.

[Rafiqul]

I don't think it's right for everyone to be happy when the price of Bitcoin goes up. Those who have invested in Bitcoin at the moment are happy, because they can get more out of their investment; And those who want to invest in Bitcoin are not happy, because they can not buy a large amount of Bitcoin with their capital. Although not a holder, I personally would be happy if the price of Bitcoin increased. I think the rise and fall of Bitcoin prices affects the whole crypto world.

[darewaller]

Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

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

When the price of Bitcoin increases, it’s normal for people to be excited as long as they invested at the right time and making profit, it’s just normal. Nobody would be angry when they are making profit. Then everyone should always know what they can take, when the money you are buying with is an amount that you wouldn’t bother with if there happens to be loss, you won’t have problem with all these things and you will be able to have the level of patience it takes till the price goes up.

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

[shamimal93]

Yes it is true that when the price of bitcoin goes up one class of people are very happy because they have a lot of bitcoin deposits. They will benefit a lot if the price goes up. On the other hand, there are some people who want to buy Bitcoin but they can't because of the high price. They may have planned that if the price goes down they will store some bitcoin so they will be happy if the price of bitcoin goes down. Honestly, I also want the price of Bitcoin to increase and the price to increase and Bitcoin to be stable.