Topic: Why people are buying when the price is going up and not when it is down - page 16. (Read 3971 times)
July 31, 2020, 01:17:53 PM
I think one of the main reasons is not having the right knowledge about that particular project. Before investing, you need to know the details of the investment project. Need to do at least a few months of data research. You can't invest in a hurry.
July 31, 2020, 01:13:15 PM
I think some of them are just newbies and don't know the right time to goes in for an investment. I have a fair share of experience for brought in when coin at ATH so I always look at any pumping with caution, not reckless buying without any thinking.
Right, thinking before buying a coin is a very appropriate thing, because without a clear thought, someone will always lose in the steps he made, including people who already have experience in crypto. July 31, 2020, 01:07:52 PM
It is easier for people to buy cryptocurrency when it grows in price, hoping that it will continue to grow for at least some time. At the same time, when people see that the cryptocurrency is falling in price, the fear is born that it may still fall very low and they will incur losses. To make the right decisions, you need to know well how the cryptocurrency market works. Here, even experienced traders often make mistakes in the trend of rising and falling prices in the market, what can we say about people who do not have enough experience.
July 31, 2020, 12:42:51 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. 
I don't think this kind of question should be asked, because everyone has their own thoughts in accordance with the experience they have gained, so there is no need to worry about the choices or the way other people work, just do your work according to the knowledge you have now, Simple. 
July 31, 2020, 12:27:25 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 short answer is FOMO, when the price of bitcoin begins to go up people begin to be afraid that if they do not buy bitcoin now they are going to miss on a possible bull market that is coming, this in return makes the price to go up even more but if this is not the bull market they were waiting for then they will suffer losses as they are the ones holding the bag when the price begins to go down and if they used leverage then they risk losing all their capital. July 31, 2020, 12:18:28 PM
People are blindly seeing how much it could increase more cause of the positive while not for the negative of decreasing. Though in some rare cases, the coin didn't reach the full potential for its price yet so people don't want to miss out.
July 31, 2020, 12:00:06 PM
Some people might decide not to invest in altcoins because they failed to believe that altcoin season might come again, many focus only on bitcoin but after DeFi projects starts becoming successful they have a change of heart and even ethereum is now the most target top altcoin because of DeFi
There's always an altcoin season because the top 10 coins in the market who are actually all altcoins have proven their resiliency over time even in the worse market scenario. people have their unbelief because they believe that the price is still coming down and they want the lowest possible to buy, and when the coins are going up that's the signal that the lowest will not come anymore.
July 31, 2020, 11:58:37 AM
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.
I will give an example with ETH:
ETH current price: $344
People are buying at this price because of testnet on August 4 and after August 4 the price will start to fall and many people will lose money.
the problem in this case is because people do not analyze why the price is increasing and if it is sustainable over the long term
July 31, 2020, 11:54:09 AM
Some people might decide not to invest in altcoins because they failed to believe that altcoin season might come again, many focus only on bitcoin but after DeFi projects starts becoming successful they have a change of heart and even ethereum is now the most target top altcoin because of DeFi
Crypto is volatile and people should invest only on legitimate project. That's one of the reason lack of confidence in investing of altcoin. With these defi let's observe to what futures awaits on this project. Well many of us focus on bitcoin because of its high chance to increase again. 
July 31, 2020, 11:42:39 AM
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.
I will give an example with ETH:
ETH current price: $344
People are buying at this price because of testnet on August 4 and after August 4 the price will start to fall and many people will lose money.
the problem in this case is because people do not analyze why the price is increasing and if it is sustainable over the long term
July 31, 2020, 11:42:12 AM
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.
Trading (buying and selling) is an everyday thing. There is no time buying and selling cannot take place in crypto, it all depend on your purpose and when you have the financial ability to invest. Apart from that, some think that, bull run is on the way, that could probably one of the reasons why behind their investment.
July 31, 2020, 11:40:48 AM
Some people might decide not to invest in altcoins because they failed to believe that altcoin season might come again, many focus only on bitcoin but after DeFi projects starts becoming successful they have a change of heart and even ethereum is now the most target top altcoin because of DeFi
July 31, 2020, 10:38:10 AM
The best time to buy coins is when they lose value not when they are surging but if you are very good at following crypto market it's possible to spot upcoming bullrun, if you can then you buy when pump begins
it is important to understand why coins lose their price. if the coin has been hacked or they have serious technical problems, then it is better not to buy immediately.
July 31, 2020, 10:36:55 AM
Mostly those people who buys when there is an up trend on the prices of the coin are for sure newbies or those that are newly engage in this industry. Little do they know that situation in here is somehow a contrary and there can be two types of opportunities on which you must buy while the price is low which is the first opportunity and sell or trade when the price goes up to gain profit which is another opportunity again.
For sure those people who goes with the up trend buying coins do not basically know that they must not get into the flow of buying while the price is rising because better opportunities come from the down trend on which people mostly complain but wise people treat it as opportunity to obtain more coins that are potential to have an increase on the price value.
Maybe those people have a wrong understanding or misconception on how things are being done in here most specially when it is done by a newbie since they are still not familiar on how things work in here. Before deciding to buy, they must know first the basic knowledge they must obtain before engaging into such transactions so that they won't be missing opportunities of gaining rather than losing.
For sure those people who goes with the up trend buying coins do not basically know that they must not get into the flow of buying while the price is rising because better opportunities come from the down trend on which people mostly complain but wise people treat it as opportunity to obtain more coins that are potential to have an increase on the price value.
Maybe those people have a wrong understanding or misconception on how things are being done in here most specially when it is done by a newbie since they are still not familiar on how things work in here. Before deciding to buy, they must know first the basic knowledge they must obtain before engaging into such transactions so that they won't be missing opportunities of gaining rather than losing.
July 31, 2020, 10:10:51 AM
Usually people who buy when the price of coins goes up don't understand how to read trading charts, or it could be a newbie
who is FOMO because he wants to enjoy profit. Though the price of coins can fall suddenly, successful traders will not do that.
It could also be because of following trading signals from other people, so making a wrong decision.
who is FOMO because he wants to enjoy profit. Though the price of coins can fall suddenly, successful traders will not do that.
It could also be because of following trading signals from other people, so making a wrong decision.
July 31, 2020, 10:07:51 AM
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.
When a cryptocurrency grows in price, they start talking about it everywhere, and accordingly, many investors go to the market and buy in the hope that the price will go even higher and they will earn. However, this is not always the case. Cases of artificial price increases have become more frequent, which means that as a result, when investors come, the price of a crypto asset goes down. I've seen this many times before. Of course, this buy scheme when the price rises can give someone the opportunity to make money, but this is very risky. I think that you should not rush, but more carefully study the information about this crypto asset and learn about the reasons for the price increase. And only then draw a conclusion.
July 31, 2020, 08:49:36 AM
The best time to buy coins is when they lose value not when they are surging but if you are very good at following crypto market it's possible to spot upcoming bullrun, if you can then you buy when pump begins
July 31, 2020, 08:40:54 AM
It's not that dangerous to buy coin when their value start increasing, the most dangerous zone is buying at their All time high, presently the market is in good state and it's certain that value will continue to rise
Well, this is the mistake by others buying at all time high because they don’t believe it's future. And, also doubting the project if this could go increase its value. What others do is waiting for it first to boom in the market and proof that they could earn money. 
July 31, 2020, 07:30:31 AM
For example one can still buy eth at 300$ because it looks positive that price will increase more, Bitcoin is bullish on its own and DeFi projects are making Ethereum platform the best choice for new investors, its still a good time to jump in
Defi projects are driving ETH prices back up and I'm sure the price will soon reach $500 in the next few days. I think based on what is happening, the whole market is showing very impressive signs of recovery, so if you are considering investing, this is still a good choice. The altcoin season is coming back again and the trend of investing in Defi projects will be mentioned a lot this year. July 31, 2020, 07:03:12 AM
When the train goes up, it is possible to earn a little interest, and when it falls down, you are likely to lose, I imagine.
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