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Topic: Why people are buying when the price is going up and not when it is down - page 14. (Read 3993 times)

member
Activity: 131
Merit: 10
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.
member
Activity: 119
Merit: 11
There's an old saying "Buy when the market is green and sell when the market is red".
It's arguably one of the better strategy as your money won't remain stale. When you see a bullish trend, you  buy the first moment you can and when you thin it's turning into a bear, you sell. Short term investors earned a good profit in last 1 month as compared to holders that are holding for last 2 years. Different people have different strategy when it comes into trading but the essence is to increase your profit while limiting your loss.

I think you nail it perfectly about why people doing it. Not just because of FOMO alone but there are short term traders make an investment like this by 'surfing the wave' as I call. If they are too greedy and refusing to sell when there is a sign of bearish, their loss.
copper member
Activity: 1120
Merit: 2
I think there are two types of trade.One is short term and one is long termI think those who buy when the price goes up are buying for the long term.However, if you buy at a higher price, if the project pays off, then you buy again and adjust.However, in the short term and in the long term, 2 people do business with 2 tragedies.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
That is completely normal, I am one of those people.
In trading there is this saying : trend is your friend.
This could not be more true, if there is momentum is market, you have higher probabilty of profit than just trying to time the bottom.

Agree, many investors prefer trading rather than holding for the long term and I think when prices start rising, traders will follow the trend and start making purchases and try to resell for the short term when prices rally.
The traders have actually taken the step before the newcomers and investors and mostly traders have been predicting the bull trend to happen this time. People who have been getting trapped caused by they have been loosing their mind to see the fact
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
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
It is all because of investing FOMO (fear of missing out). When they see that the price starts to rise they become anxious, feels left out,  starts regretting and eventually all these emotional reaction pushes them to take wrong/bad decisions.
When they see the price dropping, the always think "its a bad thing to happen", thus they avoid investing on crypto currencies when the price starts to drop. But little do they know they can take advantage of sudden drops to make more profit.
hero member
Activity: 1274
Merit: 500
There's an old saying "Buy when the market is green and sell when the market is red".
It's arguably one of the better strategy as your money won't remain stale. When you see a bullish trend, you  buy the first moment you can and when you thin it's turning into a bear, you sell. Short term investors earned a good profit in last 1 month as compared to holders that are holding for last 2 years. Different people have different strategy when it comes into trading but the essence is to increase your profit while limiting your loss.

In one way or another, securing a return on your investment is the most important thing when investing, and you need to have a specific plan before you start. Any investment can be risky if the market conditions are not good because it is usually the time when investors are most panic.

I'm not good at trading, but I understand how this market works so don't be too optimistic when investing.
sr. member
Activity: 882
Merit: 253
That is completely normal, I am one of those people.
In trading there is this saying : trend is your friend.
This could not be more true, if there is momentum is market, you have higher probabilty of profit than just trying to time the bottom.
If you can point out the right time to buy when the price is still on track to go upward, you have the right decision. This will be a high possibility that you can make money even you missed out in the beginning before the price goes up. I prefer to place my money in the same token even the other tokens still in pumping situation. I put trust for those tokens and I'm sure that the time will come that my tokens will go pump as well.
If you're analysis is right, you can make profit without investing in the token at the time when the price of the token is low. People have their own strategies to do and we should be have our own decision to make.
full member
Activity: 1093
Merit: 103
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

It depends, some people buy green candles, so that they can pick up profits as the token continues to grow in price; while some people buy green candles because they want to invest and it just happened during a moment of pump. Also, there are people who do not like to buy the dips or bears; sometimes, the dip gets dipper until token is valueless; but in case of pumps; the token continues to pump until it climax and falls.
nah, Im really sure that people who buy at high is simply because fear of missing out they afraid that if they dont follow the trend they can't get the benefit from the pump and made some huge profit but turns out it's nothing as they expected. only some newcomers would invest without making analysis first.
Of course, investments during growth are primarily a desire to catch the train, but it seems to me that in relation to certain projects, such a situation can talk about the disappearance of doubts about a certain project, Whose coins are starting to rise in value. The rise in prices primarily indicates that the demand for the coin is increasing and that the nearest prospects will be very good.
sr. member
Activity: 1050
Merit: 250
There's an old saying "Buy when the market is green and sell when the market is red".
It's arguably one of the better strategy as your money won't remain stale. When you see a bullish trend, you  buy the first moment you can and when you thin it's turning into a bear, you sell. Short term investors earned a good profit in last 1 month as compared to holders that are holding for last 2 years. Different people have different strategy when it comes into trading but the essence is to increase your profit while limiting your loss.

profits be main goal for each traders, no matter strategy they used to realized it. some expert said like you and other people have different opinion. all of that was true, the wrong thing was when we as traders could not do this proverb and always do wrong strategy and not learnt from experience.
member
Activity: 421
Merit: 47
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

It depends, some people buy green candles, so that they can pick up profits as the token continues to grow in price; while some people buy green candles because they want to invest and it just happened during a moment of pump. Also, there are people who do not like to buy the dips or bears; sometimes, the dip gets dipper until token is valueless; but in case of pumps; the token continues to pump until it climax and falls.
full member
Activity: 1638
Merit: 122
That is completely normal, I am one of those people.
In trading there is this saying : trend is your friend.
This could not be more true, if there is momentum is market, you have higher probabilty of profit than just trying to time the bottom.

Agree, many investors prefer trading rather than holding for the long term and I think when prices start rising, traders will follow the trend and start making purchases and try to resell for the short term when prices rally.

of course . for what they are called traders when they are only going to hold long term lol  . the strat of investors and traders are different to each other , investor are mainly waiting for the bottom but traders mainly wait for the pump before they start to buy and sell  . what traders are acting is verry risky because there are times that they buy and price imediately fall in  .  not all the time profit , so lets not get overwhelmed just because they say its easy money but they dont explain the risk that entails to it
legendary
Activity: 3094
Merit: 1069
DGbet.fun - Crypto Sportsbook
There's an old saying "Buy when the market is green and sell when the market is red".
It's arguably one of the better strategy as your money won't remain stale. When you see a bullish trend, you  buy the first moment you can and when you thin it's turning into a bear, you sell. Short term investors earned a good profit in last 1 month as compared to holders that are holding for last 2 years. Different people have different strategy when it comes into trading but the essence is to increase your profit while limiting your loss.
sr. member
Activity: 1344
Merit: 250
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
it is, in fact, they are buying when markets rise with the purchase price above they think prices will rise and could get the profit that is maximal so that people come to buy hope the pump will continue continues for longer periods of time so that people who had bought will be able to profit enough not everyone will have the patience to deal with their usual bear markets to take advantage when prices rise.
full member
Activity: 882
Merit: 112
Your Data Belongs To You
That is completely normal, I am one of those people.
In trading there is this saying : trend is your friend.
This could not be more true, if there is momentum is market, you have higher probabilty of profit than just trying to time the bottom.
jr. member
Activity: 267
Merit: 7
That's psychological, that's the way sharks control prices and profit from them, people trade a lot according to their feelings, go down they are often scared, and go up they are greedy, so to become a good trader the most necessary factor is a good mentality
full member
Activity: 924
Merit: 221
Most of them are new in this kind of investment and they just learn that bitcoin keep its market price up as time passes by because this is what they heard from the news or the bitcoiners around. This is why they do not mind the current market price and instead buying them at high end. Well there could be no problem with that because it really true that bitcoin begin to get a high market price as time passes by but it needs more time before it will going to happen.
member
Activity: 489
Merit: 16
www.cd3d.app
I think there are only two things when it comes to buying in a times that the coin price is increasing,
1. He/she that buys an increasing coin could actually earn if that coin is continuously increasing and dominating it's price in the market. But i think only top coins can be like this.
2. He/she cannot anymore earn profits from what he buys because of that coin isn't raising it's price anymore, maybe he or she buys not a top coin, or a new coin that is from a new project.
member
Activity: 196
Merit: 15
Sovryn - Brings DeFi to Bitcoin
It might be that this is just the beginning of market pump so buying now will still be a profitable move I think but the best time to buy altcoins is when market is crashing or in bear market, buy cheaper and sell higher
hero member
Activity: 1050
Merit: 501
That's what we call fear of missing out aka FOMO many people don't want to buy a coin at a dip because they think the price will go down more and when the price is going up they think the price will go up more so they start FOMO buying.
sr. member
Activity: 1652
Merit: 262
when people buy coins when the price goes up, it means they are following the trend. when coins continue to show green charts, they expect prices to continue to rise to the highest levels. they do not want to buy when prices are down, because the trend when the graph is down, it can also happen the price will go down more like when the market first fell at the end of 2018 then.

here are some ways that people do when investing, there are those who use the method to follow the trend or the hype. there are also those who wait for the lowest prices then buy as many as they can in order to pump up prices and achieve a lot of profit.
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