Topic: Why people are buying when the price is going up and not when it is down - page 3. (Read 3971 times)
September 18, 2020, 10:11:07 AM
Maybe they don’t know how is the strategy, when u want to invest in cryptocurrency. Or maybe they buy it before because they don’t want the price of bitcoin increasing bigger. But commonly people buy when its price down.
September 18, 2020, 09:29:41 AM
usually people follow market trends, for example coins that are on the rise in the market make most traders want to take part in them even when prices are high, but after their own research results .. and IMO, this is what I'm worried about if new traders who don't have knowledge of crypto or have just joined the industry and are unable to manage their financial management properly will lose quickly.
Before trading or investing, you need a strategy to ensure your risk is minimized. In addition, it is necessary to evaluate all that is going on to choose the most appropriate time to trade. This is something an investor needs to know when entering the market, but if the market suddenly collapses you should also cut your loss when necessary.
September 18, 2020, 09:19:55 AM
usually people follow market trends, for example coins that are on the rise in the market make most traders want to take part in them even when prices are high, but after their own research results .. and IMO, this is what I'm worried about if new traders who don't have knowledge of crypto or have just joined the industry and are unable to manage their financial management properly will lose quickly.
Before trading or investing, you need a strategy to ensure your risk is minimized. In addition, it is necessary to evaluate all that is going on to choose the most appropriate time to trade. This is something an investor needs to know when entering the market, but if the market suddenly collapses you should also cut your loss when necessary.
September 18, 2020, 08:51:59 AM
You answered your own question. People see that the price is rising and believe that this is a great entry point - and Yes, this is at the level of the meme "we buy on heights, we fix on lows". All these newcomers believe that since the price is rising right now if they have time to buy at the current price they will jump on the legendary rocket to the moon. And as soon as the price starts to fall, they panic sell all their tokens with the thought "why did I come here at all? the cryptocurrency is so stupid", thereby generating many different articles, posts, tweets and other content that investing in cryptocurrencies is difficult, difficult and harmful to the heart.
Well, what to take from them? They're all hamsters.
Well, what to take from them? They're all hamsters.
September 18, 2020, 08:17:06 AM
In this situation, it can be determined that most people have no experience in trading on exchanges. And many participants see the coin grow and think that the coin will continue to grow. And all participants start to buy up quickly, and prices fall, and all participants lose a lot of money on this. For correct work on the exchanges, you need to thoroughly study the market, and then make a decision to buy the desired coin. And buy the coin while it is only worth the original price.
September 18, 2020, 07:46:18 AM
Abilities and technique are the main reasons why they buy a coin if the price is going up. They learned how they earn a money in that situation, their tactics is running good and gaining is their to make success.
you are right, they have better skills in trading. because trading when the market is in an uptrend is very difficult to control emotions. market analysis skills must be precise. because it could be a trend that occurs in just a matter of hours. I believe it is not long-term investors who do this. they are day traders who are good at analyzing the markets. 
September 18, 2020, 07:40:04 AM
usually people follow market trends, for example coins that are on the rise in the market make most traders want to take part in them even when prices are high, but after their own research results .. and IMO, this is what I'm worried about if new traders who don't have knowledge of crypto or have just joined the industry and are unable to manage their financial management properly will lose quickly.
September 18, 2020, 06:55:42 AM
Bottom fishing is the worst way to make your assets drop quickly, but when the trend starts to go up, you buy for sure you will have better returns.
Investors often say "The trend is you", so be careful with your trade. You go against a trend which means you go against the actions of thousands of other traders.
Trend trading is the best way for you to keep your account safe.
Investors often say "The trend is you", so be careful with your trade. You go against a trend which means you go against the actions of thousands of other traders.
Trend trading is the best way for you to keep your account safe.
September 18, 2020, 03:49:19 AM
Abilities and technique are the main reasons why they buy a coin if the price is going up. They learned how they earn a money in that situation, their tactics is running good and gaining is their to make success.
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September 17, 2020, 11:28:58 PM
People do such kind of thing out of greed and fear. When there is a sudden pump, people regret it and say if I had bought the coin before the price went up! Then they keep an eye on it without buying that bullish coin. When they see that the price of the coin is gradually increasing more, they feel greed and think price will rise further. 
But at the same time, their fear is that the price already has gone up a lot, if the price does not go up further!
With such a dilemma, they buy that coin at the highest price.
But at the same time, their fear is that the price already has gone up a lot, if the price does not go up further!
With such a dilemma, they buy that coin at the highest price.
September 17, 2020, 10:24:47 PM
Simple, because they want to sell it if the price keeps going up.
When the coin price is going down, we won't know when the coin price will going up.
But when the coin price is going up, there is high possibility the coin price will still going up and we can make quick profit from buy and sell it later in short time.
When the coin price is going down, we won't know when the coin price will going up.
But when the coin price is going up, there is high possibility the coin price will still going up and we can make quick profit from buy and sell it later in short time.
September 17, 2020, 01:56:24 PM
because some people don't understand how trading works, only some people know how trading work, buy altcoins in price down, and also people can't control their own psychology makes them fomo
The very big problem is your own attitude, the emotions that let you lose your opportunities,.Most of those traders who fomoing with the trending projects mostly got trapped inside it.
Instead of gaining profits they've ended up losing their money, it's hard to predict the price
but if you are prepared enough you'll be able to avoid doing this things, planned ahead
and make sure you understand everything before jumping to this business.
September 17, 2020, 01:52:23 PM
Hmm, usually people just follow what everyone follows. But to be honest, I love your strategy more, kinda it is deeper and more objective. As you are into the industry, can you give me an example of the solution that meets your requirements?
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September 17, 2020, 01:50:17 PM
I am starting with the niche. For example, talking about me, I am fond of different progressive bots stopping and reliability increasing platforms. When the niche is chosen, I try to have a look at the solutions that are having the highest ratings along with real feedback from users. And then I am also evaluating things on my own, paying attention to team, future opportunities and more
Hmm, usually people just follow what everyone follows. But to be honest, I love your strategy more, kinda it is deeper and more objective. As you are into the industry, can you give me an example of the solution that meets your requirements?
September 17, 2020, 01:45:16 PM
Well, there are many aspects that matter, indeed. And we are not only talking about the idea as the idea, but much more about complex approach. So curious to hear yours
I am starting with the niche. For example, talking about me, I am fond of different progressive bots stopping and reliability increasing platforms. When the niche is chosen, I try to have a look at the solutions that are having the highest ratings along with real feedback from users. And then I am also evaluating things on my own, paying attention to team, future opportunities and more
September 17, 2020, 01:43:28 PM
I've noticed that there is huge variety of different solutions coming onto the market, so I am here with the strategy I personally use. From my point of view, mine is pretty rational and can help to find the most advanced solution for you
Well, there are many aspects that matter, indeed. And we are not only talking about the idea as the idea, but much more about complex approach. So curious to hear yours
September 17, 2020, 01:42:21 PM
I've noticed that there is huge variety of different solutions coming onto the market, so I am here with the strategy I personally use. From my point of view, mine is pretty rational and can help to find the most advanced solution for you
September 15, 2020, 12:26:48 PM
People who buy when the price is going up are not patient. They are greedy and will curse and swear at crypto trading when the price eventually dumps on them. These people will never buy when price is low but are quick to jump in at the nearest all time high of coin prices. I do not have any sympathy for them when the market comes crashing hard on them.
September 15, 2020, 11:48:23 AM
Dude...the question was funny. But you are right, and the reason why it is so it is because everybody wants to join the upward train as they hope will go high, and the other way round, because you never know how low they may go.
People don't have a judgement of their own or analysis of their own, they want to rely on people's judgement and the market movement if they see that the price is moving down, they are in a hurry to sell, and if they see the price is moving up, they are in a hurry to buy, they are part of the domino or a paper boat they just go with the flow.
September 15, 2020, 11:15:03 AM
Dude...the question was funny. But you are right, and the reason why it is so it is because everybody wants to join the upward train as they hope will go high, and the other way round, because you never know how low they may go.
This is true some able to go with the train on buying that somehow they can earn profit. When the price is going up the urge to purchase at high price and not thinking that it could drop at anytime. It is also an alarm to those who go with the hype that it can really lose your money quick. So this is also a an awareness on being careful when doing trades. Jump to: