Topic: Why people are buying when the price is going up and not when it is down - page 4. (Read 3971 times)
September 15, 2020, 04:13:36 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.
September 15, 2020, 03:17:31 AM
~snip
yeah but It is not easy to stop emotions , especially when you can read the charts and signals all ok and you buy it suddenly they rug it like sushi , I mean it is not just for newbies and even professional traders get trapped too sometimes and this is inevitable!
we must always think clearly and do research first before really want to buy or sell. don't be easily influenced by the excitement that occurs in the market.
September 15, 2020, 02:51:37 AM
We think that everything in nature is rational, we think that people behave rationally, so the market could be predicted because it behaves rationally. The opposite is true, people are very irrational beings and they are manipulated by emotions. 
yeah but It is not easy to stop emotions , especially when you can read the charts and signals all ok and you buy it suddenly they rug it like sushi , I mean it is not just for newbies and even professional traders get trapped too sometimes and this is inevitable!
September 15, 2020, 01:56:41 AM
the crypto world is different from other investment worlds trend is the main choice the uptrend will be positive for investors seen when experiencing an increase very hard to stop many investors bought at that time usually investors only take short-term profits then they sell and monitor how the market is moving if the market is still in an uptrend they will buy again and so on
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September 15, 2020, 01:41:32 AM
We think that everything in nature is rational, we think that people behave rationally, so the market could be predicted because it behaves rationally. The opposite is true, people are very irrational beings and they are manipulated by emotions.
the simple reason is, they want to feel the price increase that is happening. so, they buy coins even when the coin price is going up, hoping for a further increase. I've also tried that. however, buying when prices are rising is more confident than buying tokens when prices are dumping. September 14, 2020, 05:10:29 PM
Fear has something to do with this they fear that if they buy without a signal that the price is going up they might lose again when the price is going down, these people are not investing what they can afford to lose and they always follow what the people are saying or when the market is moving they buy when people are starting to buy.
I think fear is not the main reason, because i feel as the fear will only hold us to move, while i think they just do not know what will happen in the future, and estimated the price September 14, 2020, 04:47:08 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 actually a bad way of trading since the most effective method is buying low and sell high. What is happening here is just a lack of experience trading in bitcoin or altcoins. If your a beginner or don't have a lot of knowledge in trading or about the market I think you would usually going to do this bad method and end up doing a bad decision and losing your investment by selling it at a low price. Probably a common mistake by the newbies. We all experience it and it's just frustrating when you did that mistakes that it why it is recommended to do a lot of research about where you are going to invest your funds.
September 14, 2020, 03:53:44 PM
Think about yoursel. When you would like to buy? When price is cheap, but, when price is cheap, you are afraid that the price will be cheaper. So you buy when price is high because you are afraid that price will be higher, right? 
September 14, 2020, 03:30:51 PM
We think that everything in nature is rational, we think that people behave rationally, so the market could be predicted because it behaves rationally. The opposite is true, people are very irrational beings and they are manipulated by emotions.
September 14, 2020, 02:59:21 PM
Everybody got their own think but most of the time it will be more safe to buy when the price is going up rather then buying it when drop as we all dont know what will the bottom when it dropping. That was the most peoples will do correct?
Despite all the thoughts that exist I think such a method will be very risky for us to experience losses because it could be that when buying when the price is rising but an unexpected rebound occurs, causing the price to decrease and of course our assets will get stuck and it is difficult for us to be able to limit our loss. It seems that the trading concept "buy when it's cheap and sell when the price is high" is a concept that we need to apply in trading because that way every time there is a price correction, of course, it won't make us experience big losses in the market. 
September 14, 2020, 02:39:01 PM
I think people are just greedy and lose focus by buying the top. I say this because I have seen even experienced crypto traders chasing the pump. This happened to a friend of mine recently that chased a pump of a DeFi coin by buying at $1.45 only for the price to dump to around 60 cents now. It is just plain greed more than lack of experience.
Greed is what leads many people to invest when prices are going all the way to the moon. There's no other explanation. It's all based on psychology as people are made to believe that prices will continue to go up like there's no tomorrow. Once prices go down the drain in an instant, many will regret having invested in crypto in the first place. That's the way it works. Usually, newcomers into crypto make these mistakes. But veterans in the crypto space know when to buy and when to sell. When you're often seeking profit (greed), you'll end up losing most (if not all) of your money in the long run. That's why it's best to take it slow and easy (patience) in order to achieve great results in the future.
By taking your time to do your own research about an specific crypto project you're willing to invest into, you'll avoid many undesired situations in the long term. The crypto market often requires a lot of patience as it behaves in strange and bizarre ways. To stay on the safe side, leave some savings in Fiat (or a stablecoin) aside to protect yourself against wild fluctuations in price. If you do that, you'll live a steady financial life with crypto regardless of its current price on the market. Just my thoughts
September 14, 2020, 01:43:26 PM
Everybody got their own think but most of the time it will be more safe to buy when the price is going up rather then buying it when drop as we all dont know what will the bottom when it dropping. That was the most peoples will do correct?
September 14, 2020, 01:34:02 PM
It happens when there are some lackings of experienced people, sufficient business knowledge and market analysis etc. Some people who haven't any sense of business and risk management those people think the price is rising it will continue for a long time. But they don't research on that this market is not stable and price can be fall anytime.
September 14, 2020, 01:05:35 PM
many people choose to buy when the market is in a rising state the main factor is just wanting to make a profit in a short time because I noticed when the uptrend arrived, coin will rise and cannot be stopped
well this is the problem today, many traders still cannot regulate their emotions so they are always provoked when the price goes up to enter and buy it when the price is high, even though it is a very dangerous way because it can make us stuck at high prices, you should wait until you experience it. corrections and we can go in to buy them. September 14, 2020, 12:53:26 PM
It is a mistake that most newbies make.
They see a coin going up and with lots of hype from telegram groups, they buy it while the price is so high up.
It is very risky. I used to do this in my early days of crypto trading and got burnt badly.
Now I wait for the coins to retrace before buying
They see a coin going up and with lots of hype from telegram groups, they buy it while the price is so high up.
It is very risky. I used to do this in my early days of crypto trading and got burnt badly.
Now I wait for the coins to retrace before buying
September 14, 2020, 12:29:50 PM
Obviously it is not ideal that people do this, however people are forgetting that there are tons of people who got into financial world for the first time. Some people here could be very well versed in either coding or directly trading, coders can be better because these people are already very good at math, you need a bit of math to be able to study coding (afterwards, coding requires very minimum math depending on what you code), and the other people are all forex traders and stock traders or people who at least did it a bit.
However compared to all those people, some people are brand new here, they do not deal with anything like that before and never really learned, they got here for the first time and this is very confusing for them. I personally feel lucky because around 2010 I started stock trading and it took me just 2 years and I got into crypto after that, so I had just a tad bit of knowledge and here for the past 8 years I learned very well too, but that doesn't change the fact that some people are new and they will eventually learn.
September 14, 2020, 08:50:52 AM
many people choose to buy when the market is in a rising state the main factor is just wanting to make a profit in a short time because I noticed when the uptrend arrived, coin will rise and cannot be stopped
Yeah right this kind of traders / investors tends to ride with the hypes, they are really hoping to see some good results in
a short period of time, only to realized that they are just risking their money. Many has been trapped since they are buying at the peak
and once the market start to crashed they are also riding accepting to lose their money.
September 14, 2020, 07:31:00 AM
They are waiting for the price to go down and waiting for the floor, they want to make more profit when the price hit the floor, but they are watching and looking if the price will move forward and up and once it moves up that's the time they are going to buy because they thought it already hit the floor.
September 14, 2020, 07:00:17 AM
many people choose to buy when the market is in a rising state the main factor is just wanting to make a profit in a short time because I noticed when the uptrend arrived, coin will rise and cannot be stopped
September 14, 2020, 06:44:04 AM
No one can know the future , difficult untuik predict a heaving may be lowered his price predictions of the future as you can imagine a lot of people have become wealthy because they already know what happens in the future
Yes, all humans will never know any future, especially their future, because the one who knows the future is God alone, apart from that, only estimates and predictions whose truth can be doubted by anyone, because it is clear that we can know the future. so from the first everyone can be rich according to his wishes. Jump to: