Buy Low, Sell High

[oktana]

Haha! Greed? I wouldn't call it greed. People are just being cautious, we humans are bound to the feeling of fear. We are afraid that after buying at $3k, it could reduced to something more critical. OK, forget the present price. What if the price went way critical after people bought tons?

[Tingtong]

As per CryptoWhale:



https://twitter.com/CryptoWhale/status/1327049480483508225

Really ironic and comedy to most, but this is the reality. At $3800, people are still not buying and looking for more dip, and majority are shouting that it is the end of bitcoin.

Fast track to November, the opportunity to scoop cheap bitcoin is no longer present, and yet everyone wanted to join the bandwagon and extremely bullish to even predict a six digits as the next all time high.

If bitcoin price is 1k$ people still wait. Some people it price 30k+ wait for increase. You saw many people give prediction when btc price pump other you don't find. Like Many youtube video or blog artice.

[globalcitizen]

As per CryptoWhale:



https://twitter.com/CryptoWhale/status/1327049480483508225

Really ironic and comedy to most, but this is the reality. At $3800, people are still not buying and looking for more dip, and majority are shouting that it is the end of bitcoin.

Fast track to November, the opportunity to scoop cheap bitcoin is no longer present, and yet everyone wanted to join the bandwagon and extremely bullish to even predict a six digits as the next all time high.

Simple reason is that people believe that it is more realistic for a car that loses its break going down hill to keep falling downward than it is to reverse the direction of the motion. The same way, a car that is already at a very high speed climbing a hill is more likely to maintain that force in the same direction than otherwise.

I think it's normal because most people would rather heed Newton's first law which states that every object will remain at rest or in uniform motion in a straight line unless compelled to change its state by the action of an external force. Man always want the easy way.

[Willitivity]

As per CryptoWhale:



https://twitter.com/CryptoWhale/status/1327049480483508225

Really ironic and comedy to most, but this is the reality. At $3800, people are still not buying and looking for more dip, and majority are shouting that it is the end of bitcoin.

Fast track to November, the opportunity to scoop cheap bitcoin is no longer present, and yet everyone wanted to join the bandwagon and extremely bullish to even predict a six digits as the next all time high.

I guess it's not totally their fault, during March when the pandemic started and crashed the financial market, everyone was panic selling their bitcoin, cause they needed the cash at the moment, they were busy stucking food stuffs since lockdown was going to commence, and also covid-19 looked more deadly in the early stages when the doctors had to clue about it,so only the people who had extra cash bought bitcoin at that cheap price $3800, people buying bitcoin at the top is just fomo, since it's a bull run they just want to be a part of it, there's always those people who fomo during bull runs we saw that in 2017, same thing goes for this year.

[BrownSuS]

Its a psychological factor in humans for being greedy all the time. Like diamonds, if there value is like iron then it will not matter for people to buy but since it's price is very high so people think about its value in terms price.
Same happens with btc as same people who don't want to buy at $3800, are now willing to buy at $19000.

[ice18]

Its always the scenario people are always hesitate to buy when prices are at dip this is the common mistakes of every new investors but to us who are already here for years speculating on value of bitcoin its now easy to understand the buy low sell high strategy the only needed is funds if we have money to buy at dip lol. 

[yohananaomi]

Its always the scenario people are always hesitate to buy when prices are at dip this is the common mistakes of every new investors but to us who are already here for years speculating on value of bitcoin its now easy to understand the buy low sell high strategy the only needed is funds if we have money to buy at dip lol. 

sometimes what you want to do is precisely thought out, do it to buy when it goes down and sell when it goes up. something allows the unexpected to happen to everyone doing work in crypto.
feel that there will be a continuous increase, ultimately do not make sales even though they have made a profit. because they feel less, waiting for a few more moments where the price falls again. things like this are also often experienced by those who have experienced dicrypto because the basis is greed wanting to get better.

so the experience can sometimes be erased with greed to be able to get more because the predictions are very convincing that there will be continuous improvement. so greed must also be controlled in crypto as well as uncontrollable panic when price drops.

[Argoo]

Its always the scenario people are always hesitate to buy when prices are at dip this is the common mistakes of every new investors but to us who are already here for years speculating on value of bitcoin its now easy to understand the buy low sell high strategy the only needed is funds if we have money to buy at dip lol. 

The tactics and strategy of behavior in the cryptocurrency market to maximize profit comes with experience.  When we calmly perceive the next sharp decline in prices in the market, understand the reason for this fall and do not perceive it as a catastrophe, we can psychologically invest in a potential cryptocurrency when its price falls.  Most young investors do this when a coin has been increasing in value for a long time, then it seems that its growth will be long and this is a common misconception.  Therefore, many newcomers to cryptocurrency suffer losses.

[catur123]

It's about the mentality of every cryptocurrency user, every time the price drops automatically people's minds will panic. This is the reason why people always avoid buying when the market is quiet and tend to buy when the market is good.

[chip1994]

Its a psychological factor in humans for being greedy all the time. Like diamonds, if there value is like iron then it will not matter for people to buy but since it's price is very high so people think about its value in terms price.
Same happens with btc as same people who don't want to buy at $3800, are now willing to buy at $19000.

Actually, this is not a greedy mentality, it represents the investor's lack of experience and short-term vision. Many people have thoughts that will not buy Bitcoin at $ 3k5 because they have not really analyzed Bitcoin's potential or they have no faith in it.

In investing, the golden rule is to be patient and have a plan in place to prepare yourself for the worst. It seems that the crowds have failed to do this, so most people often guess about the end of Bitcoin.

[Zanab247]

Some coins I bought last two months when the price of bitcoin was low in the market,that was making many people to laugh at me during the period because of the huge amount of money I spend to purchase the coins from market. I release my coins during the pandemic when the price of bitcoin increase in the exchange market, that nearly reach $20k that really make me to make a good profit from my trading during the season. With the amount of money I use to buy when the price of bitcoin was low in the market, where I later sold them when the price is high that make me to make a double profit from the investment.

[Zanab247]

Newbies just psychology cant buy anything on lows. They are waiting for hype and thats why they like to buy everything on hights

That is why they are newbies because they want to test from both side to know the different for someone to buy low to in the market to make a good profit in the future and to wait for the price to go higher before  you can sell.

[elisabetheva]

Newbies just psychology cant buy anything on lows. They are waiting for hype and thats why they like to buy everything on hights

That is why they are newbies because they want to test from both side to know the different for someone to buy low to in the market to make a good profit in the future and to wait for the price to go higher before  you can sell.

buying when the price is low and selling when the price is reasonable, that is the principle of every trade that we will make and there is no other method to do.
waiting for a higher price is not easy to determine because it needs proper analysis because if you analyze it wrongly the price will go down again and you just can't sell it.
instincts and experiences that continue to be honed will allow us to take action when to act.

[Pom_bensin]

Haha! Greed? I wouldn't call it greed. People are just being cautious, we humans are bound to the feeling of fear. We are afraid that after buying at $3k, it could reduced to something more critical. OK, forget the present price. What if the price went way critical after people bought tons?

the only way is don't panic and hold on. because if a crisis after buying tons of tons it would be suicidal to have to sell at low prices. so have to really wait until the price is good

[mezzaluna]

As per CryptoWhale:



https://twitter.com/CryptoWhale/status/1327049480483508225

Really ironic and comedy to most, but this is the reality. At $3800, people are still not buying and looking for more dip, and majority are shouting that it is the end of bitcoin.

Fast track to November, the opportunity to scoop cheap bitcoin is no longer present, and yet everyone wanted to join the bandwagon and extremely bullish to even predict a six digits as the next all time high.

Well, fear is really the factor that played on most users within the Cryptocurrency Industry. As for myself, I was too scared to jump back in and earn alternate cryptocurrencies since I thought of it as something that would not have a future and its my fault for doubting. Bitcoin's value is really something people cannot expect but as long as you are within this community, there is always the chance to earn something.

[bitzizzix]

Buy low and sell high are things that must be done in trading and investing, no need for beginners or experts, the most important thing is to have enough knowledge and skills about what types to trade and so on.
Trading or investing safely in my opinion is a long-term method with no time limit and to avoid worry and just wait for the price to rise above the price before buying it even though it takes a long time.
so if I personally buy bitcoins below the price of 10k, there is a possibility that bitcoins will rise above that price and on the condition that I have to be patient even though it's long and that's for sure.

[matchi2011]

Haha! Greed? I wouldn't call it greed. People are just being cautious, we humans are bound to the feeling of fear. We are afraid that after buying at $3k, it could reduced to something more critical. OK, forget the present price. What if the price went way critical after people bought tons?

the only way is don't panic and hold on. because if a crisis after buying tons of tons it would be suicidal to have to sell at low prices. so have to really wait until the price is good

Be mentally ready before you start investing your money. Things will be much stable if before you invest to anything
you already set your minds to any possibilities to happened.

Buying low and selling high relies with how good you are in assessing the situation and how patience you are in waiting
for things to take place before making any decisions.

[namcv]

People don't buy at low prices because they are hesitant or even afraid the price will fall further, and if they look at the current price they will regret it.

[oktana]

Haha! Greed? I wouldn't call it greed. People are just being cautious, we humans are bound to the feeling of fear. We are afraid that after buying at $3k, it could reduced to something more critical. OK, forget the present price. What if the price went way critical after people bought tons?

the only way is don't panic and hold on. because if a crisis after buying tons of tons it would be suicidal to have to sell at low prices. so have to really wait until the price is good

It'd be suicidal for only those who didn't do their risk management properly. It's common sense that we invest what we can afford to lose. However, we break that rule and do what pleases us. But one who can't bear much loss should be cautious. That's why I said that most people are just being cautious. Avoiding the part of the dip they can't face.

Be mentally ready before you start investing your money. Things will be much stable if before you invest to anything
you already set your minds to any possibilities to happened.

True!

[Hamphser]

People don't buy at low prices because they are hesitant or even afraid the price will fall further, and if they look at the current price they will regret it.

Common scenario from time to time because we are just human which are emotional on times like that on where we do really hesitates when the price to bottomed out and due to unpredictability and randomness of this market then its always likely to have that kind of doubt and hesitation when making out some investment decisions.
To those who did take risk on buying cheap then theyre the ones who would really be rewarded but of course into those buying times where majority is on great fear
then theyre the ones who do gambled out but it did really paid of considering or looking on the current price which you can calculate on how much they did able to gain
in a short span of time.Buy low and sell high is pretty basic but not would be the easiest action to make.