mr.smith (OP)
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July 30, 2020, 09:08:19 AM |
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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.
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https://bitcointalk.org/index.php
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btcltcdigger
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July 30, 2020, 09:29:16 AM |
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Answer is simple: Most people are clueless 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
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Teraboy
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July 30, 2020, 09:40:17 AM |
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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.
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ancafe
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July 30, 2020, 09:42:10 AM |
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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.
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ife2020
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Are you kind to your neighbor? Think it through
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July 30, 2020, 10:39:56 AM |
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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.
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Cnut237
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Activity: 1904
Merit: 1277
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July 30, 2020, 10:42:54 AM |
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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.
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wmaurik
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July 30, 2020, 12:02:04 PM |
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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.
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kingzpro
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DIFX - Digital Finacial Exchange
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July 30, 2020, 12:20:35 PM |
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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.
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blue_hurricanger
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July 30, 2020, 07:05:48 PM |
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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.
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103deltafox
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July 30, 2020, 07:21:23 PM |
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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.
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Galley
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July 30, 2020, 07:39:46 PM |
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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.
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Icologies
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Merit: 100
SAPG Pre-Sale Live on Uniswap!
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July 30, 2020, 07:53:26 PM |
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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
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Upgate
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July 30, 2020, 08:53:09 PM |
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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
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iv4n
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Merit: 1190
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July 30, 2020, 09:06:31 PM |
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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.
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kopisusu
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July 30, 2020, 09:35:42 PM |
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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
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Twinkledoe
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★Bitvest.io★ Play Plinko or Invest!
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July 30, 2020, 09:56:24 PM |
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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.
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livingfree
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July 30, 2020, 10:00:20 PM |
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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.
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arjuna BTC
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BabelFish - FISH Token Sale at Sovryn
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July 30, 2020, 10:00:26 PM |
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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
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viananda2525
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July 30, 2020, 10:06:20 PM |
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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.
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Mahanton
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July 30, 2020, 10:17:41 PM |
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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.
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