Every bull run sees an uptick in interest which results in a lot of new people coming in and watching bitcoin. The fault lays with the altcoin space due to their aggressive, over-promised branding which actually pulls newbies in to think that they must get in. They FOMO into buying BTC at these prices. Then we have a whole legion of newbies pissed as the price normalizes.
Yet, we are here to assuage any fears for the long term having experienced this ourselves. Just buy what you can afford and they will be fine.
Topic: Buy Low, Sell High - page 14. (Read 3500 times)
This is a very human tendency. When things are doing well, they want to get in. When things are doing bad, they want out of it. That is the kind of attitude they are showing in their daily lives, even in Bitcoin. Or I mean the kind of attitude of the crowd, me included of course. That is why many of us are unlike the billionaires of this world. The billionaires are taking risks. While the rest are dumping with panic, they are acquiring with ease and cheap price.
We often want assurance. We want to buy while the price is increasing. This is I guess what is hindering us to gain big time.
Yes, you are right; I have also noticed that most people have the same tendency whether it is stock market or crypto market. However, it is more noticeable in cryptocurrency. When there is a market dump here most investors start selling tokens in panic, causing prices to fall sharply; If the price goes up again, then the market goes up quickly. As a result, most of the investors, except the big ones, suffered losses. So in order to keep the market stable, to avoid losses, I think everyone should have a tendency to buy more at dumping and sell more when prices rise. We often want assurance. We want to buy while the price is increasing. This is I guess what is hindering us to gain big time.
Today people are experiencing FOMO due to the recent bull run, History repeats itself as this also happened in 2017. This shows that hodlers gain such profits for the months they are hodling. CryptoWhale is pertaining to those who just want to take advantage of the situation, Those who spread FUD and being a bandwagon can't make much profit than the real bitcoin believers. This kind of situation can make a bull or bear season being extended as people tend to believe in rumors and the greedy ones take advantage of it.
Buy low, Sell high is the main punchline for any crypto project. By following this punchline you can get success in crypto but before do this i will suggest everyone to learn about crypto because if you invest in shit project then you couldn’t sell your coin because it won't be high 
This is a very human tendency. When things are doing well, they want to get in. When things are doing bad, they want out of it. That is the kind of attitude they are showing in their daily lives, even in Bitcoin. Or I mean the kind of attitude of the crowd, me included of course. That is why many of us are unlike the billionaires of this world. The billionaires are taking risks. While the rest are dumping with panic, they are acquiring with ease and cheap price.
We often want assurance. We want to buy while the price is increasing. This is I guess what is hindering us to gain big time.
it is true that human attitude is and we become of it. indeed we can't be like those who are good at trading like true traders. but it does not close the possibility, we only need to continue to learn, not only in the world of trading, in the realm of life most importantly. Every human being has a different tendency, so the differences make us give each other insight and knowledge. one day we will experience what our dreams are as true traders. We often want assurance. We want to buy while the price is increasing. This is I guess what is hindering us to gain big time.
i never went that low
This is the true mentality of each and every cryptocurrency user, whenever the price drops low automatically people's mind wavers out of panic. This is the reason why people always avoid to buy when the market is low and tend to buy when the market is bullish. Most of the traders prefer to make small earning out of the marginal fluctuation, while the people preferring long term holding go for low price buying.
That's right, I was like that when I first started trading bitcoin on an exchange. Experiencing panic when prices drop and selling all to reduce losses. but regret it when the market is bullish again. This is natural for beginners. Training mentally in trading is very important so that we can buy at the right time. 
Look at the price of BTC in March it's 3k+ and now it's 16k and goes on, even before couple of months it gave us an opportunity to invest unfortunately I was unlucky and now I am feeling really sad. This is the power of BTC it can go even beyond the limit, people were very scared at that moment as BTC was going down and now we can't even think to invest as the price has gone up.
This is a very human tendency. When things are doing well, they want to get in. When things are doing bad, they want out of it. That is the kind of attitude they are showing in their daily lives, even in Bitcoin. Or I mean the kind of attitude of the crowd, me included of course. That is why many of us are unlike the billionaires of this world. The billionaires are taking risks. While the rest are dumping with panic, they are acquiring with ease and cheap price.
We often want assurance. We want to buy while the price is increasing. This is I guess what is hindering us to gain big time.
They are just trying to keep up with the flow of the market, without any idea of the aspects that affects the condition of the market. As long as they see that it is recovering and the price increases, they immediately buy thoughtlessly. They don’t realize the amount they could have saved if they choose to buy when the cost of bitcoin is low. Most of them are in doubt as the price dropped, thinking that it would be a complete waste of funds to invest. However, it contradicts their statements, as bitcoin recovers in several months. We often want assurance. We want to buy while the price is increasing. This is I guess what is hindering us to gain big time.
People really think it will go below $3000 but when this impossible they are forced to buy at 16k now because BTC is moving back to $20k and above that. I think is not a wrong time to buy, one can still hold for a better profit.
it is because of fomo, people want to go with the flow and not missed any opportunities, even thought market is not good to buy now since it is pump, but they will still buy because they want to, and then it could happen, that is the the thing when people start to trade without further research in crypto but just only want to earn as fast as they could.
Many investors never still understand how bitcoin market work, if it come to profit making where some will sell for the right time why others will still be holding for the right time to come before they can release to market. Once it's the right time to sell, some will not still believe that it is time to sell than to hold the coins because the market is not good for sales. Buy low and sell high in the market it will help you to grow your business if you really understand the time to buy low in the market with the help of research, very easy to sell high in the market. March 2020 many investors where busy buying base on the personal research they carry out to know the market is very good to buy at that moment. Many times still find it difficult to sell high in the market even though others are selling to make profit some will still be holding that the market will still go higher that will later cause then loss.
Bitcoin is still rising which is good for anyone to sell and make a good profit before it dump soon in this season we are, which is very close to 2021.
Bitcoin is still rising which is good for anyone to sell and make a good profit before it dump soon in this season we are, which is very close to 2021.
It's never too late to buy bitcoin on the bull market. Even though at some point there is a price correction, we just need more patience to sell it at a higher price. We don't have a time limit for holding bitcoins, right? and the important thing is dont to forget about cutloss.
Haa talk about yourself "No one wanted to buy" in March. People who know what's up invested all they had in BTC back then including me, now we're all enjoying all the great profits thanks to this bull run. Honestly I don't care if it will go to 20k or back to 10k or under, profit is profit 
Newbies just psychology cant buy anything on lows. They are waiting for hype and thats why they like to buy everything on hights
I don't think the "newbies" have a big impact on the market. The institutions which manage massive positions are the ones we need to pay attention to. The Grayscale fund is steadily increasing their BTC position as we saw in the quarterly reports, companies are buying millions of dollars worth of crypto. All this sounds like good news for me.
It's easier said than done.
I bought bitcoin at 11K and sold them at 14.5K, that was a sweet profit but the price kept on increasing, I bought the coins again from all my money on 15.5K and again I'm in profit but still not sure should I buy more or sell. I'd better hold them for 18K or sell off if it goes below 15K, so that I won't loss if I don't have a profit.
Well we can't know when the price on bottom or peak, so if you can't buy in bottom or sell in peak it's not really hurt if you still get profit as your goals. IMO you can divide short term and long term goals while still HOLDing, sell small portion when you reach the short term goals and sell big portion when you reach the long term goals. You can also leave some few % for life time HOLDing. I bought bitcoin at 11K and sold them at 14.5K, that was a sweet profit but the price kept on increasing, I bought the coins again from all my money on 15.5K and again I'm in profit but still not sure should I buy more or sell. I'd better hold them for 18K or sell off if it goes below 15K, so that I won't loss if I don't have a profit.
That pretty much sums up all of the pump and dump events that happened in Bitcoin over the last few years. FOMO when they see Bitcoin pumping and FUDs when Bitcoin starts dumping again.
It's because people have this mentality that if it's trending, it is worth looking into since it attracts a lot people into it. They will feel that they are missing out into something so important that if they missed it, they'll regret it later.
Some people just thinking with profit only without know the risk by investing in bitcoin and their mind always change by new investment site like ponzi where giving more than profit every day without know how risk later when not new member deposit. I think is not good become investor or trader in bitcoin because not ready when faced risk after bitcoin or altcoin investment have down, but always happy if bitcoin have reach with higher price. I think some one wanna be an investor always think when get trouble or loss have ready if not with loss impossible brave for investing in bitcoin or altcoin, just now many people always ready when profit but make big mistake for the other when loss from investing with lower price or other reason. People always want assurance but they're afraid to take the risks. They always seek reasons to buy and to sell. Trading and investing are about taking the risks based on how we understand the market flow but others rely on the hype which results in regrets later on.
It's because people have this mentality that if it's trending, it is worth looking into since it attracts a lot people into it. They will feel that they are missing out into something so important that if they missed it, they'll regret it later.
That pretty much sums up all of the pump and dump events that happened in Bitcoin over the last few years. FOMO when they see Bitcoin pumping and FUDs when Bitcoin starts dumping again.
It's because people have this mentality that if it's trending, it is worth looking into since it attracts a lot people into it. They will feel that they are missing out into something so important that if they missed it, they'll regret it later.
People always want assurance but they're afraid to take the risks. They always seek reasons to buy and to sell. Trading and investing are about taking the risks based on how we understand the market flow but others rely on the hype which results in regrets later on.
It's because people have this mentality that if it's trending, it is worth looking into since it attracts a lot people into it. They will feel that they are missing out into something so important that if they missed it, they'll regret it later.
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.
Most humans are ironic in the sense that we all want to get the best deal so when it comes to needing to buy in we always tell ourselves to wait until it drops.
A few weeks on BTC price moves up and you're still thinking you'll buy when it drops to the original price it was a few weeks ago. The more time passes the
more anxious you get about not missing out so you're thinking you'll buy in. Then the price reaches a new ATH and this time you get in, a few hours later it
drops....
Unfortunately, this is the cycle for many who don't yet have a clear goal and strategy in place when it comes to crypto! Having one means that you know
excatly when to enter/exit without having to rely on gut feeling.
The main reason is doubt. Ofcourse the best time to buy or invest is when the market price is low because it will generate bigger profit. But the question is, are you willing to take the risk of having no assurance of when will the price increase occur? There was the opportunity already early this year but many people still did not do so. Simply because they are having doubts and hesitations to do so given that the market price is low for more than a year and everytime it gets a price increase, dumps will occur eventually leaving them not profit at all. Most of the people are aiming for assured profit since their resources of investment money.
Jump to: