Topic: Why people are buying when the price is going up and not when it is down - page 13. (Read 3993 times)
August 04, 2020, 02:22:11 PM
People do buy low too. The ones that buy high are mostly amateurs and newbies in the crypto market. Some experience traders also do this. Especially the ones that want to make some gains in a little while. Sometimes it backfires. It works for them sometimes though. When I was a new to the market I jumped into the market when it was going up and I made some profit. I did it again, and lost big time. The simple strategy known by every experienced trader is to buy when it is low. It's safer that way. But hey, what you see to be high today might be the low tommorow.
August 04, 2020, 02:16:09 PM
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 are expecting that it will go much higher or may be they are day trading. It's not an easy answer to this and you can't assume whats their motive behind it. Most people prefer to buy when price is low but this doesn't involve day traders and people who are trying to ride the waves.
August 04, 2020, 02:09:32 PM
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.
Nah, maybe that’s for the people you have met; That’s not for me. I buy coins when they are low in price, and I have a friend who is buying all the time without minding the market situation, he’s always buying when the price is very high, when it falling, and when it’s low, he just doesn’t mind. And of course he has his own ways of making profit. As for me, I don’t buy coins when they are going up, I buy them when the price falls. That way I am able to purchase the assets at low price range, and then I relax and start watching it for a long time to see where it’s heading to.
August 03, 2020, 09:59:05 PM
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.
The biggest reason is that we don't know when prices go up and when prices go down. That is why many join the train even though it is a bit late, just to make a profit. Not many people understand market movements and market analysis, cryptos fluctuate so quickly, so there are many benefits if you are on the right train, and a big risk if you are on the wrong train. 
August 03, 2020, 08:15:43 PM
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.
The biggest reason is that we don't know when prices go up and when prices go down. That is why many join the train even though it is a bit late, just to make a profit. Not many people understand market movements and market analysis, cryptos fluctuate so quickly, so there are many benefits if you are on the right train, and a big risk if you are on the wrong train. 
August 03, 2020, 06:59:29 PM
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 most people are afraid that prices will fall again, so many people wait until the price rises to invest, because when the price increases, the opportunity for us to get profit is very easy, therefore most people prefer to invest when prices are rising and not when prices go down.
August 03, 2020, 04:59:28 PM
I think wise people do exactly the opposite. When we say people sell at low prices, this can only happen if there are buyers available for that quantities which are getting sold. And same for buying at higher levels. From my point of view, we should avoid a one-time investment and keep buying monthly or quarterly in equal quantities o average the price which can bring very good returns down the line a few months or years.
August 03, 2020, 04:47:12 PM
Now good time for crypto.Day by day huge increase bitcoin, Ethereum & others crypto coin.This is really good time crypto currency market.I hope this time bitcoin stable for some month.some day wait Bitcoin cross $12k.Ethereum touch 450$.crypto market economy really awesome.This is perfect time for crypto.
It is really so bad to bay any coin at a high price, it is the best method to buy any coin at a low price then wait for the right time for selling them. But some coins are always profitable like ETH, as you above mentioned BTC is just increasing and it seems it will keep rising up. It can be the best time to invest in altcoins also in BTC. That is why BTC price effects other cryptocurrencies so good and it is chance to make a profit. However, you must try making right decisions about your investment.Although the Bitcoin dominance is presently dropping, many people are still more comfortable with buying bitcoin than investing in altcoins. As a result, only when alts gather attention and look primed for a rally do people decide to buy them. Hence the seeming boycott of alts.
That is right people are more comfortable right now about investment, that is why BTC has survived from 9k. It was a bit harder to reach 10k, but after reached this price it would be easy for BTC to reach 11k and l think it will be 12k in the near future. This event has also affected the price of other cryptocurrencies. You can see ETH and others, ETH shows right now 40% more than own early price. l hope it will keep going on till the end of the year. 
August 02, 2020, 03:18:05 PM
If something raising, they have more chances of reaching further while if something already falling, you will never know when it was the lowest point. Just a common sense for everything, not just crypto.
Each of us has our own point of view about when is the right time to start buying something in the market. When price rise quickly, there is usually a big chance to make a profit in a short time so that some trader will buy and sell again after reaching the profit target. Trader who usually buy when price go up never hold their asset for a long time when they make a profit and most of them are day trader.About which one is the best in my opinion each of us has his own answer depending on the habit and opportunities that exist when trading.
August 02, 2020, 03:01:33 PM
Well, the emotional response usually to when it goes lower is known but I don't know when its going up. When bitcoin is going down people do end up selling instead of buying (hence why it goes down actually) because they think they can get out before it reaches bottom and can buy at the bottom.
When bitcoin price was 9k and drops to 7.5k, you don't know if it will stop at 7.5k or stops at 5k or 3k, everything is unknown at that moment, so they sell at 7.5k and hope that it goes down to 4k so they can buy even more bitcoin and when it goes back up they could be richer. Or there are panic sellers as well, people yell bitcoin dying bitcoin ending and so forth do exist as well but I doubt they are the majority. Why they end up buying while its going up is not something I know.
When bitcoin price was 9k and drops to 7.5k, you don't know if it will stop at 7.5k or stops at 5k or 3k, everything is unknown at that moment, so they sell at 7.5k and hope that it goes down to 4k so they can buy even more bitcoin and when it goes back up they could be richer. Or there are panic sellers as well, people yell bitcoin dying bitcoin ending and so forth do exist as well but I doubt they are the majority. Why they end up buying while its going up is not something I know.
August 02, 2020, 12:09:54 PM
People have no choice but to buy coins when they are surging because they believe the surge is just beginning and again we are in a good market shape right now, buying now isn't buying to lose because the change is here, over 7 billion dollars moved into DeFi projects alone so far, that's big enough to drive crypto market into a very greenish state
What do you mean people have no choice? If a person has a head on his shoulders and knows how to use it for its intended purpose, then he can, after studying the project, decide whether to invest in it or not. And will make this choice not at the moment when all the coins are growing, but will take care of this issue in advance. August 02, 2020, 02:33:50 AM
Most don't have a clue about what they are doing, they jump right in because of FOMO, they don't want to miss out and they believe that the price will keep going up for long time, mean why bears can take over at any time, always buy altcoins when they loses value only
August 02, 2020, 02:30:20 AM
Because they want to join the bandwagon of the rally and think they could get out before it hit ATH. Only a few made off with profit while a lot stuck with ATH price. If they can't control their greed, they will get rekt.
I think so but i rarely seen those who have been getting profit will be going out from the market as they were putting all of their hopes to get a lot of money instantly. This will make them all feel panic when the price was going to the bottom again and that's what we have called that as shorting the bulltrend
August 01, 2020, 11:02:08 PM
Most people why buy at a high price, because people think the coins in question will be even higher. Therefore they buy at a high price, so as not to miss when the coin is really pumped. I have done this several times, but unfortunately my analysis is wrong, I buy high prices and sell low prices.
August 01, 2020, 09:16:39 PM
Most of the time it is quite hard to predict the market changes of cryptocurrency. This means we don't know what's gonna happen the next minute. It can go high, else it can drop low. So people look for an opportunity to make an investment or buy it rather than predicting. In such a way now the price is moving gradually in the upward direction which assure profit. This is the reason for people to invest when the price is going up.
When the market rises, investors sentiment will become optimistic, and it is a good time for them to decide to buy. I always prefer trading when the market enters uptrend because if there is a good strategy, it will still make a small profit during that time. Of course, do not be too greedy when investing because any of your mistakes will affect your assets. 
August 01, 2020, 05:45:40 PM
I'm not good at trading, but I understand how this market works so don't be too optimistic when investing.
August 01, 2020, 05:35:14 PM
You are right. The biggest drawback for those who enter when the price has risen is very risky because they hold a smaller roi on the profits to be gained. Reality like this because they miss every news so buying at a high price is a stupid decision.
August 01, 2020, 05:16:47 PM
Most of the time it is quite hard to predict the market changes of cryptocurrency. This means we don't know what's gonna happen the next minute. It can go high, else it can drop low. So people look for an opportunity to make an investment or buy it rather than predicting. In such a way now the price is moving gradually in the upward direction which assure profit. This is the reason for people to invest when the price is going up.
August 01, 2020, 05:11:57 PM
Whatever we believe or whatever we do, actually during an accurate situation, we can't wait for so long. The main reason for trust and then early profits is helping to become a popular IEO. The top exchange IEO is becoming popular for fast profits instead of any ICO. Investors can't wait for long to profit but they don't know that the top exchange IEO isn't always available.
August 01, 2020, 04:23:49 PM
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 don't that this is ATH and it will go down after that. People think that price is rising and they think that it will rise more.So they buy it to make profit.Another big reason is many traders follow traders and signal group. After hearing any news they buy 
On the other hand People don't know that this is the DIP. They think that price will be more down and they wait for it and miss the crypto train. Actually answer is really simple, No one can predict 100% that's-why they do it.
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