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Author Topic: Why people are happy only when the price goes up?  (Read 1475 times)
Savemore
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July 13, 2020, 08:01:05 AM
 #161

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

Those people are happy when the price goes up because they can finally sell their investment after making a profit. Those are the buyers in the dip that you are talking about, they bought their investment when the price is low, they bought as many as they can.
It is simple, of course they are happy whenever they have position of bitcoin because they make profit but whenever the price goes down of course they are not happy anymore because of the losses. But not all of the traders are happy whenever the price goes up, I also do shorting where I can make profit if the price is going down. Of course I will be happy when the price goes down whenever I'm in short position.
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July 13, 2020, 09:44:07 AM
 #162

Do I understand correctly? If BTC is low cost, we can buy it also by lower price? good news
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July 13, 2020, 10:18:46 AM
 #163

Well, people do want bitcoin prices to go up. So they said what others want to hear. But I guess they also save their money in case bitcoin price goes down in order to collect more and more bitcoin.

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

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July 13, 2020, 10:35:14 AM
 #164

People who store large quantities of bitcoin will surely rejoice at the high price of bitcoin. Everyone depends on fluctuations in the price of bitcoin in order to achieve profits. As for people who do not have many currencies, they will be happier when the price falls so that they can buy bitcoin at a cheap price and store it
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July 13, 2020, 11:00:48 AM
 #165

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  Roll Eyes

People who are holding bitcoin will earn profits when it's price increases. So it is normal for them to be happy.
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July 13, 2020, 11:10:06 AM
 #166

true there are lot of peoples happy when the price goes up because they are having BTCs and anyone would be happy if their prices hikes no one would be loving when theyrb  BTCs are less worth
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July 13, 2020, 02:12:59 PM
 #167

If you know things about cryptocurrency, you will know how good when bicoin price goes high, every bitcoin are hoping that bitcoin will go high because they will earn a lot of money with that, trading is so active when the price of the bitcoin goes high because they will earn through buying and selling their assets. Investment is also good because once they invested when the price of the bitcoin is low they will earn money when the price of bitcoin goes high, that is why bitcoin halving is the much-awaited event of cryptocurrency. If you really want to feel that way, you should keep learning and gain knowledge about cryptocurrency.
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July 13, 2020, 06:12:16 PM
 #168

~
It is simple, of course they are happy whenever they have position of bitcoin because they make profit but whenever the price goes down of course they are not happy anymore because of the losses. But not all of the traders are happy whenever the price goes up, I also do shorting where I can make profit if the price is going down. Of course I will be happy when the price goes down whenever I'm in short position.

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

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July 13, 2020, 08:57:12 PM
 #169

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  Roll Eyes

Not everyone is happy when the price goes up, actually some people are waiting for a price drop to buy and make more profit. Only holders most of the time are happy when price goes up
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July 13, 2020, 09:01:44 PM
 #170

Not everyone is happy when price goes up, some people are waiting for a price drop to buy and make more profit. Actually only holders at the time of a bull run are happy.
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July 13, 2020, 09:32:25 PM
 #171

~
It is simple, of course they are happy whenever they have position of bitcoin because they make profit but whenever the price goes down of course they are not happy anymore because of the losses. But not all of the traders are happy whenever the price goes up, I also do shorting where I can make profit if the price is going down. Of course I will be happy when the price goes down whenever I'm in short position.

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

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

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

It all varies because not all will have the same target in mind on how they do accumulate and on how they do sell-off.
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July 14, 2020, 06:17:30 AM
 #172

Most people are happy when the market goes up but not everyone. Investors who buy Bitcoin and other cryptocurrencies to sell at a higher price should be happy to see the price go up. Moreover, when the market price increases, the chances of making a profit by trading increase and the market volume is relatively high which creates a conducive environment for traders to trade. But it is also a source of frustration for those who have sold their assets at a low price or are too late to invest.
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July 14, 2020, 06:22:29 AM
 #173

Not everyone is happy when price goes up, some people are waiting for a price drop to buy and make more profit. Actually only holders at the time of a bull run are happy.

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

But if you  are a real traders when the price is lower or when bitcoin price dump, you will also feel happy because its the time what traders is waiting so they can buy more coins to store and sell it again when price increase that how traders think.
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July 14, 2020, 06:22:38 AM
 #174

which people? those who are happy the price rises are definitely bitcoin holders, but not all are happy that prices are rising. Some traders expect prices to fall, especially now that there are already margin or futures trades that allow traders to open short positions so that the price goes down the more profit they can get

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July 14, 2020, 10:22:09 AM
 #175

Those who have invested are only happy when the price goes up.Those who are thinking of investing without it want the price to go down.This is a wonderful thing indeed.However, the price does not always bring the benefits of aging.At the present time, if the price of Bitcoin increases, the price of Alter Coin will decrease drastically.

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July 14, 2020, 03:52:15 PM
 #176

Its already a nature for us people to be happy when we are in a profit. Who fucking wants to lose their money Cheesy. I know that there are some traders who incur some losses but it is part of the game and as much as possible they are avoiding it.

Being happy when a good thing happen is our nature already and it is quite normal to see people happy especially those who are traders when they see their money growing in a short amount of time Cheesy.
Anybody here who wants to be happy when the price goes down?? Maybe those who want to accumulate more Cheesy.
If you short bitcoin then you can be happy when the price goes down as you are earning money in the process, however shorting bitcoin is incredibly risky because as we know bitcoin can skyrocket out of nowhere and if you are holding a short position using leverage you could lose all your capital if you are not careful, however most of the people that are interested in bitcoin are going long and as such they expect the prices to go up in order to obtain some profits in the process, because as you say no one is interested in investing in something just to lose money.
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July 14, 2020, 03:56:47 PM
 #177

When the price raise it is a good way to earn money for tokens holding. It is not necessary to trade, you earn money on raise of the rate just on holding cryptocurrency.
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July 14, 2020, 04:07:30 PM
Last edit: July 14, 2020, 10:34:21 PM by AjithBtc
 #178

When one experience the investment amount increasing in value based on the price move of bitcoin, automatically he/she'll be happier. Bitcoin grows high as well as drops low. Most of the time people buy at the lower price and keeps holding until it reaches some target value. Another thing the expectation over bitcoin in terms of growth happened once after bitcoin reached its ath. This mentality will change as market keeps stabilizing with time.

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July 14, 2020, 04:13:04 PM
 #179

Do I understand correctly? If BTC is low cost, we can buy it also by lower price? good news

Yes, this is correct indeed!

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





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July 14, 2020, 04:47:52 PM
 #180

Do I understand correctly? If BTC is low cost, we can buy it also by lower price? good news

Yes, this is correct indeed!

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