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Topic: Why people are buying when the price is going up and not when it is down - page 5. (Read 3993 times)

member
Activity: 156
Merit: 11
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
member
Activity: 156
Merit: 11
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
plr
member
Activity: 1162
Merit: 24
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.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
Because most of them worried about the price without studying their mistakes before.
Like 1 person hold eth, but after see the price moving down 1-2% theyy worried and sell it and vice verca

What mistakes... nobody knows what the price is going to be tomorrow, so everyone are just taking wild risks when they have to decide when they buy. Bitcoin and Alt coins are not predictable for people to not make mistakes. Yes... when there is a short upward spike, you might be lucky enough to spot it, if you look at the price on a daily basis.. but not everyone does that.

I always say, just buy some coins at any stage, because we do not know when the next all-time-high will be and if you have to wait for 5 years.. then so be it.. just make sure you wait for it and that you have bait in the water... otherwise you will never stand a chance to catch the big fish.  Wink
legendary
Activity: 2492
Merit: 1215
Answer is simply - fear and greed. People are afraid to buy when price is low, because they dont believe it will recover. And they buy when the price grows, because they try to catch the missing train. This is all due to lack of trading education also. They dont know or have never experienced, that they can resell with profit what they have bought during market fall.

People are used to calculate "have bought at $10, sold at $11 = profit 1$". But few only understand that "yesterday price was $10, today I have bought at the price of $9, sold later at the price of $8" and get same $1 profit. What scares most of the people is that exchanges usually draw this "$9" like "$9 -10%/24h".
sr. member
Activity: 2324
Merit: 263
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Obviously that is the same mistake people usually make all the time when making an investment . They don't buy when the price is low,many only show interest to buy when the price is high but logically one is supposed to buy when prices are low and sell them when the prices becomes high to gain more profit.
Only some people often make the same mistakes and on average they still lack experience in the field of trading, so things like that are very rare for traders who are truly professional in crypto and want to take risks and are not afraid to buy. when the price is cheap.
jr. member
Activity: 1708
Merit: 3
Obviously that is the same mistake people usually make all the time when making an investment . They don't buy when the price is low,many only show interest to buy when the price is high but logically one is supposed to buy when prices are low and sell them when the prices becomes high to gain more profit.
sr. member
Activity: 554
Merit: 271
Because most of them worried about the price without studying their mistakes before.
Like 1 person hold eth, but after see the price moving down 1-2% theyy worried and sell it and vice verca
newbie
Activity: 15
Merit: 0
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

The transition of rise and fall is very unpredictable in the market, so that's what made it interesting and risky, so I can say for some of the people, the view of seeing a price going up, makes them feel like it will be an easy money and investment. But it is not, KNOWLEDGE is the key ,some of the people I know, barely understand the logic behind the market prices, inflation and deflation, in other words economics. So if we will plot the rise and fall of the market, you cant barely see 2 points that is not in zigzag, so as the people not know any of these things, they will believe what they want to believe, and the assurance they need for their investments.

But this is just always at the beginning of everything. Eventually, they will learn how to grasp every situation, follow the trends of events between the corporations, know when and where to invest, and lastly, to know how to control the flow of the money within the circulation.
full member
Activity: 896
Merit: 100
I think these players want to take advantage of the market situation when the price really shows an increase but the risk they receive is also greater because with the difficulty of estimating the price every time it is a factor, traders can experience losses as well.
moments like that can be used for those who have large capital and trade flash. when the market has shown a decline they must immediately exit the trade and secure their assets. if not and they leave the market without paying attention to the possibility of the market going down then he will lose a lot of money in the market.
full member
Activity: 243
Merit: 100
I think this is maybe we called the word "asymmetry of information",this kind of people did not know anything about a token before its price is going up.When the price of a coin rises rapidly, news about the coin will spread quickly in various media, different kinds of forums and various social software.This kind of people saw there was a profit to be made, they rushed in. On the contrary, a coin down or steady,this kind of people know nothing about it.
full member
Activity: 602
Merit: 100
DeFixy.com - The future of Decentralization
I think these players want to take advantage of the market situation when the price really shows an increase but the risk they receive is also greater because with the difficulty of estimating the price every time it is a factor, traders can experience losses as well.
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
It's unpredictable, they intended to wait until the price is down but it's ended up they are still going up. It has 2 outcomes when it comes to this:
1. Price is keep going up and they don't want to miss any opportunities to grab the quick profit, the prime example is on yobit when the trash coins were being pumped by bots. You could got really quick bucks there(I got more than $100 in just one sit, 10 mins to be precise)
2. It's just a bait and once the hype is gone, the price is either stable or dump really hard. The latter one sucks and it always happens.
sr. member
Activity: 938
Merit: 250
The First Idle Defense Blockchain Game
I think some of the people who buy when the trend is up are short term traders or investors. they only take advantage of the moment to seek profit shortly. they won't keep for long. when they have made a profit they will quickly sell it. this principle will differ for long-term investors.
member
Activity: 1120
Merit: 68
I think some people are only buying bitcoin or other cryptocurrencies when the price is high rather than low price because they don't have any idea when is the right time to buy bitcoin that they don't have any knowledge when it comes to analyzing the market charts. It is why they only buy crypto if they heard the price is going up, so they could have a chance to earn even a little amount of profit.
sr. member
Activity: 2366
Merit: 448
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It looks like they buy when the price goes up in the hope that it will continue to go up, and in the end the price falls back from the price it was before buying it, and it's all out of uncontrollable greed.
and besides that it is not based on the knowledge and understanding of crypto well, but over time they realized and started to learn it.
member
Activity: 742
Merit: 42
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.
Most people in crypto who don't have enough knowledge Technical Analysis do that. And most of them also buy when there's news releasing by a project not knowing after the news it will dump hardly. They want to gain a lot in just a snap of an eye without thinking about the risk. This happened with most of the Defi token. So be wise in investing.
jr. member
Activity: 84
Merit: 3
Bitcoin is not predictable, no matter how old you are in the forum. those that purchase when the price is going up, thinking the price will continue to go up, not knowing the price can drop at anytime in the process of exchange.
 I guess, the right time to buy is when the price is falling,because there's a great future ahead of it.
full member
Activity: 434
Merit: 100
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.
sr. member
Activity: 1372
Merit: 250
Seabet.io | Crypto-Casino
crypto world is different from other world of trade that's what I saw so far trend is the main choice when the uptrend comes, all coins can go up
and very hard to stop, especially for bitcoin but on the contrary, when the downtrend comes, the price of all coins will fall it occurs because of panic sell by investors when a fall occurs it is difficult to get back up
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