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Author Topic: Why people are buying when the price is going up and not when it is down  (Read 3945 times)
Claudio99
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August 05, 2020, 08:40:39 AM
 #141

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

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August 05, 2020, 09:04:05 AM
 #142

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.

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August 05, 2020, 09:24:55 AM
 #143

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.
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August 05, 2020, 09:28:24 AM
 #144

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

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August 05, 2020, 09:33:16 AM
 #145

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.
Maybe those people have more considerations before they will be trying to invest their money. I know that some people may have very limited amounts and that makes them all think for a twice to buy the coin or try to risking their money right now.

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August 05, 2020, 09:52:13 AM
 #146

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.  Undecided
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August 05, 2020, 01:35:25 PM
 #147

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.
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August 05, 2020, 02:41:53 PM
 #148

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.  Huh
He do analysis and the result will rise again so he decided to buy it and sell it when higher. Or maybe they just FOMO

Why 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

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August 05, 2020, 03:02:27 PM
 #149

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.  Undecided
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.

 
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August 05, 2020, 08:42:38 PM
 #150

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.

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August 05, 2020, 09:54:48 PM
 #151

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.  Huh
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 profit
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August 05, 2020, 10:03:02 PM
 #152

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.

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August 05, 2020, 10:53:01 PM
 #153

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.

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August 05, 2020, 10:59:23 PM
 #154

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
Yes, that's the logical reasoning that they have. They are thinking for the positives to positives but think of the negatives to go continuously negative. They will never tolerate or get the chance to buy while the prices are very low because they will think and imagine that it will continue to drop than to recover.

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smyslov
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August 06, 2020, 01:59:51 AM
 #155

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.
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August 06, 2020, 02:05:00 AM
 #156

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.

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August 06, 2020, 02:31:23 AM
 #157

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.
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August 06, 2020, 03:03:30 AM
 #158

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.  Huh

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 Smiley

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bayu7adi
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August 06, 2020, 04:25:05 AM
Last edit: August 09, 2020, 03:08:12 AM by bayu7adi
 #159

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
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August 06, 2020, 10:24:08 AM
 #160

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.  Huh
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 buying

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