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Topic: Bitcoin Investor Psychology - page 2. (Read 717 times)

sr. member
Activity: 588
Merit: 251
February 04, 2022, 08:38:45 AM
#76
At times when I see things in this form I come to wonder if the term always and ever being used in the crypto community is being listened to, obeyed or observed. It is a clear thing that when the price of commodities or stocks in the market faces a downtrend price drop, there should be more buyers and investors, so as to make profits when the market recovers from it's deep, and this profits are of more effect in the investment in Bitcoin when it comes to crypto currencies.
The cause of FOMO is one thing that has made people make some reckless mistake, and also being feed with wrong information at the point of investment. It's very strange to see things like this.
hero member
Activity: 1134
Merit: 643
BTC, a coin of today and tomorrow.
February 04, 2022, 08:22:55 AM
#75
There are many factors that cause that. It is not that the investors do it willingly.
One of the factors is that people used to invest in what they think is growing. People that bought at $69k was expecting btc to hit $100k but I failed.
People are also afraid to buy now because they think that bitcoin will go down the more. So that is why they buy as soon as the bull run starts so that they will run along side. But the wise ones are the ones that runs before the bull run.
full member
Activity: 700
Merit: 102
February 03, 2022, 02:28:35 AM
#74
it is a pattern of psychological trapping by the user's personality on values. most of them are beginners who used to underestimate bitcoin until when the price went up they were motivated to profit from the high value, that's why I say this is a trap for themselves because the desire to improve their finances ends in a trap that they set themselves.
it's just about bad management because of greed without analyzing.
newbie
Activity: 26
Merit: 0
February 03, 2022, 01:00:18 AM
#73
there is an explanation for that. observe what happens to anyone new to day trading, the new person always buys at the top because he thinks the price will continue to rise and he never buys on the fall because he thinks the price will continue to fall a lot and he would be in a lot of losses, but we are in a market and there are no feelings here, if someone is losing that is the person's responsibility and if someone is making a profit that is the person's responsibility
Profitability would really be depending on someones action and if he does have that kind of mindset and beliefs then for sure he would be fucked up by the market thats why you should really learnt up on things that you should gonna learn because it would be the best tool for you to sustain this market even though it would be hard but doesnt mean that it cant be done thats why results will really be varying with those factors.Dont take things too easily and confidently because these are the common factors on why people do really mess up.
You are right, in fact, whenever a person enters trading or investing, they must be clear about many fundamentals at an economic level, if a person enters the market without knowing anything about financial education, what first comes to mind will be, or maybe they will start playing or trying to guess what can happen, and that would already be gambling, however if a person buys and their stock or currency goes up, they win but they cut the profit (most of the time it happens) and when they lose they have always the hope of not going out thinking that they will recover, in the case of BTC it is something else, because there will always be the Hodl mode that is safe, but that for a novice does not understand very well.


Everything that does involve analysis and you are the ones who hadnt able to apply those factors then you would surely be doing gambling because you wouldnt know on what you should gonna do next.
It is really just basic that you would need to analyze and make out some research first before you do make out actions and not on making actions without even thinking on whats happening.
For some point there are situations which no matter how hard we do make out some research but still ending up on getting blanked then those are unavoidable circumstances but with due
experience and knowledge then you would able to bare up the situation.
That is true, Analysis is a very important aspect of trading. Knowledge and understanding about the market makes it easy to make firm decisions. While trading cryptos there might be a situation when a trader might need to hold the position but due to the lack of knowledge among novices they tend to sell instead of holding the position.
Without any analysis it would be pure gambling.

full member
Activity: 728
Merit: 117
January 28, 2022, 06:54:27 PM
#72
This may keep going on until right now. When the market is in dip, there is some fear and also worries that the price of Bitcoin may not be able to rise up again. And once the price rises up, they may be triggered to buy again, but too late. That is exactly the psychology of Bitcoin investors, but not the real investor. They may be the followers or the people who are only in the situation.

When they see the price increase rapidly, they FOMO. They think that the price will increase further more and they will be able to make a some quick profit from it.
This always makes sense where most people really only want fresh money as soon as possible but they only focus on the FOMO and also FUD that they may be facing. So far, we can find this kind of person and they may not be changing
hero member
Activity: 2730
Merit: 632
January 28, 2022, 05:35:14 PM
#71
~
Well obviously everyone involving themselves to this market surely knows already about the basics of demand and supply and it's not just all about that "unstable" price that most people throw out without any possible reasoning behind it.
Quite curious why some of my friends that specializes in economics doesn't want to get involved in crypto though, lol.
They dont want to deal on something which havent been thought or been put up into their books thats why they wont really be having that open mindedness when it comes to possible innovations that might
existing ahead which this would be the great example and you shouldnt really be that be shocked on that situation yet its been the reality on where people do really hesitate on dealing up with
something which they arent aware nor now knowledgeable of when it comes to its existence but for sure sooner or later they would really be doing these things
specially if adoption increases up overtime.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
January 28, 2022, 03:55:16 PM
#70
-snip-


People were willing to buy bitcoin at all time high prices and everyone was greedy. Now when bitcoin is half the ATH price, we see no buying pressure. It's strange that people are willing to get bitcoin at high prices but they don't buy it when bitcoin is available at fair cheap prices. This is strange bitcoin investor's psychology.
When they see the price increase rapidly, they FOMO. They think that the price will increase further more and they will be able to make a some quick profit from it. So they end up buying at a high price due to greed. They don't buy when the price is low due to FUD. When they see the price tanking down, they fear that the price will go even further down, hence stopping them from investing more in bitcoin. Most of them are the newbies who has no plan on holding the coins for long term.
sr. member
Activity: 1610
Merit: 264
January 28, 2022, 03:38:59 PM
#69
~
Well obviously everyone involving themselves to this market surely knows already about the basics of demand and supply and it's not just all about that "unstable" price that most people throw out without any possible reasoning behind it.
Quite curious why some of my friends that specializes in economics doesn't want to get involved in crypto though, lol.
full member
Activity: 1358
Merit: 207
Catalog Websites
January 28, 2022, 12:51:14 PM
#68
Every investors claimed he or she is in the right direction to sell bitcoin or to buy bitcoin to make profit. Now that the price of bitcoin has dropped to $35k which is an opportunity for investors to invest more on their investment to wait for bitcoin price to hit $80k before putting them for sale to make a good income.
Now that the price of bitcoin has decreased in the exchange market, many investors are afraid to sell their coins because the profit is not encourable for investors to smile for their labour. Many that have believe on bitcoin will prefer to hold till the price increase before they can sell to make a huge amount of money from their investment.
legendary
Activity: 3094
Merit: 1127
January 27, 2022, 06:51:07 PM
#67
there is an explanation for that. observe what happens to anyone new to day trading, the new person always buys at the top because he thinks the price will continue to rise and he never buys on the fall because he thinks the price will continue to fall a lot and he would be in a lot of losses, but we are in a market and there are no feelings here, if someone is losing that is the person's responsibility and if someone is making a profit that is the person's responsibility
Profitability would really be depending on someones action and if he does have that kind of mindset and beliefs then for sure he would be fucked up by the market thats why you should really learnt up on things that you should gonna learn because it would be the best tool for you to sustain this market even though it would be hard but doesnt mean that it cant be done thats why results will really be varying with those factors.Dont take things too easily and confidently because these are the common factors on why people do really mess up.
You are right, in fact, whenever a person enters trading or investing, they must be clear about many fundamentals at an economic level, if a person enters the market without knowing anything about financial education, what first comes to mind will be, or maybe they will start playing or trying to guess what can happen, and that would already be gambling, however if a person buys and their stock or currency goes up, they win but they cut the profit (most of the time it happens) and when they lose they have always the hope of not going out thinking that they will recover, in the case of BTC it is something else, because there will always be the Hodl mode that is safe, but that for a novice does not understand very well.


Everything that does involve analysis and you are the ones who hadnt able to apply those factors then you would surely be doing gambling because you wouldnt know on what you should gonna do next.
It is really just basic that you would need to analyze and make out some research first before you do make out actions and not on making actions without even thinking on whats happening.
For some point there are situations which no matter how hard we do make out some research but still ending up on getting blanked then those are unavoidable circumstances but with due
experience and knowledge then you would able to bare up the situation.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
January 27, 2022, 06:25:34 PM
#66
there is an explanation for that. observe what happens to anyone new to day trading, the new person always buys at the top because he thinks the price will continue to rise and he never buys on the fall because he thinks the price will continue to fall a lot and he would be in a lot of losses, but we are in a market and there are no feelings here, if someone is losing that is the person's responsibility and if someone is making a profit that is the person's responsibility
Profitability would really be depending on someones action and if he does have that kind of mindset and beliefs then for sure he would be fucked up by the market thats why you should really learnt up on things that you should gonna learn because it would be the best tool for you to sustain this market even though it would be hard but doesnt mean that it cant be done thats why results will really be varying with those factors.Dont take things too easily and confidently because these are the common factors on why people do really mess up.
You are right, in fact, whenever a person enters trading or investing, they must be clear about many fundamentals at an economic level, if a person enters the market without knowing anything about financial education, what first comes to mind will be, or maybe they will start playing or trying to guess what can happen, and that would already be gambling, however if a person buys and their stock or currency goes up, they win but they cut the profit (most of the time it happens) and when they lose they have always the hope of not going out thinking that they will recover, in the case of BTC it is something else, because there will always be the Hodl mode that is safe, but that for a novice does not understand very well.

hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
January 27, 2022, 01:21:00 AM
#65
Most people probably buy bitcoin because it is booming. but they don't know how to invest properly and correctly in bitcoin to get big profit.

as we know bitcoin there are coins that already have big names. I think people who have a business spirit must be competing to buy coins. and they will sell it during the bull run cycle.
They need to change their minds not to buy bitcoin because it is booming, but they should bitcoin when they think that bitcoin can benefit them in the future and help them have a new type of investment that can provide them with profit. If they do not use this moment to buy back bitcoin, they can regret it because they have already seen what happened before. Bitcoin price was at $33k-$34k but then, the price can jump higher to $37k-$38k so if they bought bitcoin, they are making a big profit from that. I think this situation can repeat as the price is back to the lower price and the chance to increase.
full member
Activity: 440
Merit: 101
$CYBERCASH METAVERSE
January 27, 2022, 12:25:08 AM
#64



People were willing to buy bitcoin at all time high prices and everyone was greedy. Now when bitcoin is half the ATH price, we see no buying pressure. It's strange that people are willing to get bitcoin at high prices but they don't buy it when bitcoin is available at fair cheap prices. This is strange bitcoin investor's psychology.

It is not the same as the sale in shopping malls, and I agree that they are buying at higher prices because of a lack of knowledge on the part of the buyers. Usually, the issue is that people are afraid to buy on red days because they believe the stock will fall more; however, on green days, they believe it is as simple as rocket science and the stock will rise more rapidly. The difficulty comes from rushing into an investment without fully understanding what you are getting yourself into.

most people probably buy bitcoin because it is booming. but they don't know how to invest properly and correctly in bitcoin to get big profit.

as we know bitcoin there are coins that already have big names. I think people who have a business spirit must be competing to buy coins. and they will sell it during the bull run cycle.
legendary
Activity: 4410
Merit: 4766
January 26, 2022, 08:37:40 PM
#63
In theory it is very easy to say buy bitcoin when the price is falling. However, when we enter the psychological market, it will be more and more toyed with, capital management also needs to be considered. Sometimes traders have bought at a low price according to them, but when the market crashes like now they have no reserves to buy again. Buying bitcoin when the price is falling is everyone's desire, but where the price is right to buy will vary.

if you can work out a value window of what the last highs and lows are of the last X months. either just looking at the price chart plots. or being smarter and also considering the mining cost numbers.
example here a couple pages back
and say the value window is $30k to $70k range
then you take that amount difference between. and decide where the price sits:


$30k-$40k 'so cheap id sell my wife for some coin'-> cheap
$40k-$50k cheap->average
$50k-$60k average->premium
$60k-$70k premium->'so expensive id rather buy a wife'

try not to buy coin when having a wife comes with more benefits
legendary
Activity: 3094
Merit: 1127
January 26, 2022, 05:42:51 PM
#62
there is an explanation for that. observe what happens to anyone new to day trading, the new person always buys at the top because he thinks the price will continue to rise and he never buys on the fall because he thinks the price will continue to fall a lot and he would be in a lot of losses, but we are in a market and there are no feelings here, if someone is losing that is the person's responsibility and if someone is making a profit that is the person's responsibility
Profitability would really be depending on someones action and if he does have that kind of mindset and beliefs then for sure he would be fucked up by the market thats why you should really learnt up on things that you should gonna learn because it would be the best tool for you to sustain this market even though it would be hard but doesnt mean that it cant be done thats why results will really be varying with those factors.Dont take things too easily and confidently because these are the common factors on why people do really mess up.
legendary
Activity: 2716
Merit: 1855
Rollbit.com | #1 Solana Casino
January 26, 2022, 05:11:57 PM
#61
The most competent investor psychology is to buy bitcoin while it has fallen in price. Further, we will live in the era of cryptocurrencies recognized by all states and its price will be completely different - much more than now. This means that this is a person who is not in a hurry and at the same time understands how to properly invest his savings.
In theory it is very easy to say buy bitcoin when the price is falling. However, when we enter the psychological market, it will be more and more toyed with, capital management also needs to be considered. Sometimes traders have bought at a low price according to them, but when the market crashes like now they have no reserves to buy again. Buying bitcoin when the price is falling is everyone's desire, but where the price is right to buy will vary.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
January 26, 2022, 05:07:36 PM
#60
there is an explanation for that. observe what happens to anyone new to day trading, the new person always buys at the top because he thinks the price will continue to rise and he never buys on the fall because he thinks the price will continue to fall a lot and he would be in a lot of losses, but we are in a market and there are no feelings here, if someone is losing that is the person's responsibility and if someone is making a profit that is the person's responsibility
sr. member
Activity: 2660
Merit: 339
January 26, 2022, 04:51:06 PM
#59
People were willing to buy bitcoin at all time high prices and everyone was greedy. Now when bitcoin is half the ATH price, we see no buying pressure. It's strange that people are willing to get bitcoin at high prices but they don't buy it when bitcoin is available at fair cheap prices. This is strange bitcoin investor's psychology.
Maybe those people have learned their lesson. They quit btc for good so that they wont loose anymore or maybe they are not buying when price is dumped but they are waiting again for the price to pumped and then they buy it.

We think this is strange because we think the best way to build wealth is buy buying low selling high but we did not know that it is also a valid strategy and there are people that are using it where they buy high and then they also sell high. I think that it does not really matter if which side we chose but what matters the most is how do we handle our investments. It is important to not panic and sell but lets us stick to out plans as possible.
sr. member
Activity: 843
Merit: 255
8V Global | 8v.com
January 26, 2022, 03:44:56 PM
#58
The most competent investor psychology is to buy bitcoin while it has fallen in price. Further, we will live in the era of cryptocurrencies recognized by all states and its price will be completely different - much more than now. This means that this is a person who is not in a hurry and at the same time understands how to properly invest his savings.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
January 26, 2022, 03:08:19 PM
#57
I don't know what to say, but this is really happening in the market. I don't think that's a strange thing, but they are people who get carried away. I don't know what they were thinking, but it was a situation that left me speechless. Indeed we can't blame them, because they must have their own reasons when buying bitcoins at high prices.
No, it's not a strange thing and this is the real world and actual thing. People love to see bitcoin at high prices and won't have any second thought of investing while it's soaring.
But when it starts to correct, everyone is starting to find a way out of it and won't think about selling at losses. Instead of buying it cheaper, they would feel bad and helpless just by looking at the price.
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