Topic: Why people are buying when the price is going up and not when it is down - page 18. (Read 3993 times)
July 30, 2020, 11:05:10 PM
Its much easier psychologically to buy something that already growing. People want to believe in new ATHs
July 30, 2020, 11:02:46 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. 
Those buying when price is going up is all noob, they don't really have idea how this market works and how they can earn in crypto by just doing a trading.
Real traders will only buy in bear market and accumulate all they can so when the price going up they can claim the gain they get from waiting and its not small profit.
July 30, 2020, 09:43:38 PM
I think because of the trend of most coins that are going up there is a possibility that prices will up again, this is like a cycle, especially for altcoin and it is also is difficult to choose a altcoin that is going down but has potential to going up.
The volatility of altcoins is fundamentally unpredictable because it will often depend heavily on news and investment needs during that period. Most of them only care about profit when that coin increases and will sell all altcoins to ensure profit. Of course, there will be people who make huge profits and who lose, so you need to be careful when deciding to invest. July 30, 2020, 06:59:37 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.
It's very easy to think this way. Most people can't wait so long until the next pump. But when the market did a little pump, everyone thought that it was easy to earn profits. You know that some altcoins prices will never recover after huge prices drop. I think, actually we can't wait for a long time but we can invest a lot of money in short times. July 30, 2020, 06:56:46 PM
Small market investors will never think to buy crypto during the bear season is a big opportunity to become profitable in the future. Instead, they think it negatively and worries that it sinks down. We can't blame them either as they have a different approach from whales (market manipulator). I'd never think this as a good idea but people aren't learning about it that is why more (small) investors have they complain why they lose after buying. No wonder they got this because they usually fall into a bull trap.
And that is why we have this volatility feature because not all will think the same. Many have come and invested crypto during the rising trend but somehow, many were also selling that time, the same thing it happens during the bearish season.
And that is why we have this volatility feature because not all will think the same. Many have come and invested crypto during the rising trend but somehow, many were also selling that time, the same thing it happens during the bearish season.
July 30, 2020, 06:52:47 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 they are afraid that they can't ride on it or what they call fear of missing out when the price was continue to pump they will buy and buy that coin and they will expect that the coin will continue to pump but the truth os the coin will not pump according on their expected and when the price goes down then they will sell even the price was too low. 
July 30, 2020, 06:37:25 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.
That is because people don't know which coin will increase, so when they see one coin can go up, even the price is rising fast, they buy the coin instantly because they don't want to be late to join to that pump. But unfortunately, the price can not increase more after touch the high price because the price will be back to the lower price and stay at that price for a while, and it is up and down again like before.
That makes many people who buy at a peak will getting trap, and they can not sell the coin for some time if the price is not back to the price they purchased.
July 30, 2020, 06:21:00 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.
There is something that is called fomo, fear of missing out, that's what happens when the price of a coin is going up; that is, people rush to buy with the anticipation that they will make profit. However, most times it works and also most times it doesn't. On the other hand, people are always afraid buying when the price is going down because they think it won't rise again, also most times they are right and most times they are wrong. Now in each case scenario, it depends on the type of coin that they bought, major coins gives little or no stress, that is when the price is low, it will still go up (e.g ETH). While some altcoins most especially new altcoins gives more worry because some will dump and never rise again.
July 30, 2020, 06:10:19 PM
I think because of the trend of most coins that are going up there is a possibility that prices will up again, this is like a cycle, especially for altcoin and it is also is difficult to choose a altcoin that is going down but has potential to going up.
July 30, 2020, 05:56:07 PM
I think many are affected and cannot refrain from entering when prices are high, many of them are new traders who cannot control their patience so they enter and are trapped in coins that have high prices, even if if really trapped then what can be done is hold on and wait until the price rises again.
July 30, 2020, 05:31:13 PM
for some traders buying when price down is like catch falling knife, its very risky and price could continue fall. meanwhile in every entry we must see a confirmation both form technical or fundamental analisys. each trader have different type, did they were speculator which is will take action when price drop or conservative trader which is need confirmation on each entry.
July 30, 2020, 05:24:24 PM
Well, that is a psychological lake, we all move as a group and if ever we who started in this have always made that mistake of putting money when the price rose above all for fear of staying out of the big rise but as We now know that we have a little more experience is to leave when it is going up and experience the alternative
July 30, 2020, 05:17:41 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.
Due to this unpredictable market then its really hard to buy when everyone is on fear or uncertainty and this is why where the market slumps down then you cant see any possible buying indications nor the confidence of investors out there are just lurking in the dark.You cant really avoid to put up into your mind that the price
might even go down further where it will surely make you hesitate because everyone is doing the same thing and when market rise on where everyone is buying
then confidence had been regained thats why you would see the same behavior most of the time.
July 30, 2020, 05:06:20 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.
its about hype and fomo, people buy on peak cause they didnt want to miss the train. if they buy on dip , they still fear if price could drop more. its just about mentality and analisys, traders whom do this usually poor of research , they just following other traders not as piooner. most of them will trapped after pump finished. 
July 30, 2020, 05:00:26 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.
thats because of fear and greed,,
a lot of peoples don't want to miss a chance when the price up,
so, they will buy when the price up, and when the price down, they don't buy, because they fear if the price will going down more
July 30, 2020, 05:00:20 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 they are not confident if there is no motion for the price. And it is the reason if the price goes up, they will also take action of buying so that they are safe through riding if it's going high. It is a risky strategy but if it works for them, they will continue to do it but as for me, buying during the lows is still the best.
July 30, 2020, 04:50:20 PM
No one want to be left out when the bull run is her. Each and everyone is trying to make something out of this season. Although some are novice and they cannot differentiate between good project and bad project. Many just jump at any FOMO.
July 30, 2020, 04:56:24 PM
No one want to be left out when the bull run is her. Each and everyone is trying to make something out of this season. Although some are novice and they cannot differentiate between good project and bad project. Many just jump at any FOMO.
They thought also that the rise will continue so when the price is going up they want to be in before the price skyrockets. That's their hope anyway. But this is not true to most alts as sometimes the pump is done by the team themselves to attract traders, so once they got their money, the dump is forthcoming. And that part sometimes is not foreseen by the traders who bought the coin.
July 30, 2020, 04:35:42 PM
they only do that to get short-term profits or they don't know analyzing the market so that when they join the bull run, smart people must have bought some time ago when prices were still cheap
July 30, 2020, 04:06:31 PM
They get carried away by hype, it's how it goes. Most people don't have patience for their investments, so they jump out from one investment to another, but they don't understand that when it's hype it's already too late, while you buying others are cashing out.
I don't have some special advice for people, you need to know your positions before something happens. If you miss it, let it go and wait for next train, rushing can put you in trouble.
I don't have some special advice for people, you need to know your positions before something happens. If you miss it, let it go and wait for next train, rushing can put you in trouble.
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