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Topic: Why people are buying when the price is going up and not when it is down - page 19. (Read 3971 times)

member
Activity: 560
Merit: 14
People intend to buy when the price is high because they don't want to miss the opportunity if the price increase more. Nobody want to miss the golden opportunity (fomo). Case study is bitcoin.
The opposite happens when a price of a token goes down, people tends to loose faith in it, thinking that it's gradually fading away to dust. They end up being discouraged not to buy because it's getting low. They can't ascertain what the future holds for that token again
full member
Activity: 994
Merit: 100
SAPG Pre-Sale Live on Uniswap!
in my opinion many are buying when prices go up because of trends if the increase has not reached the maximum then the price of the coin can go up again, I see the maximum increase has not occurred in ethereum and most likely the etehreum will rise again
member
Activity: 1274
Merit: 14
Everyone has their own buying strategy. You can successfully catch the moment of growth and make money on it. And you can buy when it falls and go even lower, and it is not known how long it will be when there will be growth. Here you can’t say for sure which is better, everyone decides for himself.
full member
Activity: 491
Merit: 100
Funny right? Well it will continue like that because most times emotions are involved,when a coin is down most people fear instead of maximizing the dip,once they see it going back up,you see them chasing a pumped token,I think there is no need to chase s token that is pumped already,search for a good coin and invest in and ride with it to the greens.
full member
Activity: 653
Merit: 183
Mostly because of the FOMO or short term traders who think they could earn a bit from its uptrend before it falling down. To be honest, anyone doing need to understand the risk or else, you will have to become a really long term holder if they bought it when it at ATH and fail to pull out.
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
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
Usually people like to wait for confirmation and that is why they enter after seeing the momentum. Yes the ideal thing is to fill the bag while the price dumps badly especially if the coin is really solid but everyone has different strategy and believe me many will start buying after the coin breaks the previous high levels which seems like a high risk strategy to me.
hero member
Activity: 2058
Merit: 710
most of them only chase short profits, some I think are crypto arbiter, and in my experience buying a rising coin is more profitable than buying when going down because if you choose wrong and buy it. Instead, our portfolio will decrease further.
legendary
Activity: 1904
Merit: 1277
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 a lot on knowledge level.

If someone doesn't know why a coin is rising, they might buy in so that they can then sell quickly and make a profit.
If they don't know why a coin is falling, they will stay away in the expectation it will fall further.

But if a coin is falling, and someone understands what is causing the fall, and from an analysis of the underlying merits and strengths of the project they understand that the coin will rise again in future, they will buy and use this as a cheap accumulation phase.

"Buy when the price is falling, sell when it's rising" isn't always a good idea... it depends on the individual's assessment of the reasons for the price movement and the accuracy of their prediction of how the price may change in future.
full member
Activity: 531
Merit: 100
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
I think it is Fomo in this market, when prices go up there are a lot of articles talking about the market and altcoin analysis. Investors then think the price will keep going up and they may miss it, so they will buy when the price goes up and then get stuck at that price.
member
Activity: 579
Merit: 13
Are you kind to your neighbor? Think it through
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

Well, this falls align well, remember that there are two types of buyers in the crypto currency space; the bear buyers / investors or perhaps the bull buyers / investors. And also there are always different reasons to buy, You could buy a green candle with the opportunity to join the green journey and take out quick profits on the short run; while you could be a new investor stocking up for a even longer future.

When it comes to buying the dip; it involves core research functions with a detailed expectant result in a coming week, or weeks; except you buy and hope; investing is such an interesting hurdle.
hero member
Activity: 1736
Merit: 731
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doubt. for example today, many people feel that the price of crypto will rise again to a higher level. however, some people feel that current prices are high enough and are waiting for a decline. when prices went up a few percents, they realized that a little while ago was the right time to buy coins. it makes their beliefs come back, and buys the coins they target in the hope that a subsequent price increase will occur.
hero member
Activity: 2282
Merit: 505
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
They were following their emotional but not their analyzation. This is always happening so many times especially for newbies caused by the newbies will always do this. They were emotionally buying it when it was getting pump or panic buy.
hero member
Activity: 2058
Merit: 761
To boldly go where no rabbit has gone before...
Answer is simple: Most people are clueless Cheesy

The thing is, most people don't know about TA and stuff surrounding it, or just don't have time to follow it.
So they go about their daily business, and see a coin/token appreciating on some exchange, then they get a sudden urge of FOMO and they buy, thinking the token/coin is going places.
More often than not, they get in too late, and it starts falling down, causing losses.

The correct way would be, pick half a dozen projects which look interesting, and follow them. Follow the news, and read around. Fact is, there's many indicators when some coin might go up netting you a nice profit
jr. member
Activity: 119
Merit: 6
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
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