Topic: Why people are buying when the price is going up and not when it is down - page 6. (Read 3993 times)
September 10, 2020, 05:45:08 AM
I don't think anybody would love to buy at a higher value when he's aware of an option of buying much lesser. The major reason why people buy at increasing prices is because of the hope that the price would increase much more or the fear of losing out from getting the getting the coin. In every case, people want the best for themselves.
September 10, 2020, 05:39:06 AM
In these times with the unpredictability of the markets surrounding crypto, it is really hard to convince one not to buy if the price is going up. The fear of missing out is one negative trait that must be controlled if not eliminated. One has this mindset that it will go further up if one is not familiar with the patterns that has already been taught over and over by many trader who were here before us. It takes a little learning and research to know how to read the market and how to make smart trading decisions. So that when it goes all down then you don't have to worry too much.
September 10, 2020, 03:45:31 AM
Lack of knowledge and let emotion to guide them and thats totaly wrong in trading
But if market is going up and up trend thats was some of strategy to i think
But still lot people buying when the price is going up and not when it is down because just only read someone say it in group
So that why we have to invest to our own from neck to head, read and study first before going in to the market in to crypto
But if market is going up and up trend thats was some of strategy to i think
But still lot people buying when the price is going up and not when it is down because just only read someone say it in group
So that why we have to invest to our own from neck to head, read and study first before going in to the market in to crypto
I think it's mostly due to emotions that people tend to buy when prices go up and not when they are falling. When prices are falling everyone is kind of in a state of panic and things more about minimising loses rather than gains. Also it's hard to know when exactly the bottom is reached, so what happens is that people tend to wait too long to buy and price already recovered.
One more reason might be trading software that use the monthly or weekly average data to find buying or selling signals. Such a trading system usually only starts buying once prices are already rising again.
September 10, 2020, 02:42:32 AM
One thing I think about is, they want to take advantage of the rising prices that are going on, and quite a few people are benefiting from that. For example, when Ethereum starts to go from $ 300 to $ 500, people will sometimes buy when the price has reached a certain point. However, the side effect of this is, the price could dump suddenly and it will be very costly.
September 09, 2020, 09:11:26 PM
Lack of knowledge and let emotion to guide them and thats totaly wrong in trading
But if market is going up and up trend thats was some of strategy to i think
But still lot people buying when the price is going up and not when it is down because just only read someone say it in group
So that why we have to invest to our own from neck to head, read and study first before going in to the market in to crypto
But if market is going up and up trend thats was some of strategy to i think
But still lot people buying when the price is going up and not when it is down because just only read someone say it in group
So that why we have to invest to our own from neck to head, read and study first before going in to the market in to crypto
September 09, 2020, 08:50:16 PM
because the trend is positive because when a positive trend comes many coin crypto can up, there are some coins that are not stopped
example yesterday the increase occurred in bitcoin and ethereum rose so high and of course many investors are taking the opportunity on the contrary, when a negative trend comes, the decline will occur continuously even for a long time
I understand that some investors prefer to buy when the market is going up, it means a profit for them if the uptrend is consistent. However we cant predict the next movement of the market, if the value continue to soar high then that would be good but what if the price drop right after you buy? We cant be so sure about this one just like what happened last 2017, many buy coins at peaked price then suddenly there's a correction that happened making them lose their money. example yesterday the increase occurred in bitcoin and ethereum rose so high and of course many investors are taking the opportunity on the contrary, when a negative trend comes, the decline will occur continuously even for a long time
September 08, 2020, 11:13:23 AM
because the trend is positive because when a positive trend comes many coin crypto can up, there are some coins that are not stopped
example yesterday the increase occurred in bitcoin and ethereum rose so high and of course many investors are taking the opportunity on the contrary, when a negative trend comes, the decline will occur continuously even for a long time
example yesterday the increase occurred in bitcoin and ethereum rose so high and of course many investors are taking the opportunity on the contrary, when a negative trend comes, the decline will occur continuously even for a long time
September 08, 2020, 11:03:54 AM
having no experience, not knowing about trading, then it is tempting to see the market in a rising state and will buy it because their mind tells them that the price will go up again.
Likewise when they think down they say that the price will fall even further and force them to sell, at least that's what novice traders have in mind.
when you don't have any trading experience at all, in my opinion, don't trade right away and it's better to learn first how to trade when these conditions are very dangerous because prices tend to fall, if you want to try trading then you should use a small amount of money so that it can be used to find out that the analysis you have done is correct or not. Likewise when they think down they say that the price will fall even further and force them to sell, at least that's what novice traders have in mind.
September 07, 2020, 10:52:35 PM
having no experience, not knowing about trading, then it is tempting to see the market in a rising state and will buy it because their mind tells them that the price will go up again.
Likewise when they think down they say that the price will fall even further and force them to sell, at least that's what novice traders have in mind.
Likewise when they think down they say that the price will fall even further and force them to sell, at least that's what novice traders have in mind.
September 07, 2020, 05:34:39 PM
There is a particular reason why someone buys at a high price, it could be because they think that the coin will someday have a higher selling price than the initial capital price. on the other hand, worry about being trapped in FOMO, because crypto price movements cannot be predicted or do not always have a fixed value.
Exactly. It's all about psychology than anything else. People usually have a "FOMO" sentiment every time crypto's prices rise like skyrocket. They believe they'll miss an opportunity of a lifetime to make massive profits on the market. But you and I know the extremely volatile nature of crypto. Prices can quickly go down the drain once they reach the "peak". This could lead towards many undesired losses, making people regret having invested all of their money into crypto in the first place. Regardless of what the average person decides to do when prices are going up or down, the smart money will invest wisely in order to minimize losses as much as possible. Even in a decaying crypto market, whales have successfully made huge profits as they know how to "time" the market.
Nonetheless, crypto's prices on the market are truly unpredictable. The best you can do is to diversify your investment not only into crypto, but in the traditional stock market as well. This will give you some sort of leverage to protect yourself against high fluctuations in price. When people decide to do this, many undesired situations could be avoided. Always remember: with high risks there's high rewards. Just my opinion
September 06, 2020, 06:16:39 AM
A person buying when the price is going up is called panic buying, he doesn't understand trading, he just follows the trend and hopes to make a profit, when in fact this is the wrong thing. Panic buying can cause losses.
In fact they really understand trading, strategies like these are very often carried out by the traders who are smart to see opportunities, they will take advantage of the opportunity when the coin is rising to get profits in the short term. When we decided to trade, we must set investment targets and see opportunities before taking action, because there are so many novice traders who make the wrong decision and result in losing their money. 
September 06, 2020, 03:58:34 AM
Buying when the price goes up is only a short-term trader because with it they can get a profit, for people who think long-term, of course they will not buy when the price is rising, they will sell it.
September 06, 2020, 03:18:37 AM
Market emotions. That's the nature of humans. People make a decision based on emotions most of the time(excitement). And that's why the market is going up and down, because of the randomness of people. Fear and greed create trends.
September 06, 2020, 02:05:49 AM
Most of the people are in a great hurry. They want to be rich with in less time. When price is up they expect that it will go more up and even in up ward they expect it more and do not sell .when price take dump they sell. Secondly most of us do not know TA or FA .
September 06, 2020, 01:24:21 AM
A person buying when the price is going up is called panic buying, he doesn't understand trading, he just follows the trend and hopes to make a profit, when in fact this is the wrong thing. Panic buying can cause losses.
September 05, 2020, 09:40:46 PM
You may not have heard of the phrase "Trends are friends." When the price goes up, it is likely to rise again and when it goes down, it is likely to go down again. No one is foolish to go against the trend because the possibility of losses is huge.
September 05, 2020, 01:01:48 PM
Because they do not have much experience in this market and are dominated by emotions. When this market grows, they do not have the patience to wait for it to collapse, they are afraid of missing an opportunity because the price may continue to go up. But when the market bleed, they thought that the price would go down again and made a decision to wait
September 05, 2020, 11:24:40 AM
They buy coins when the price starts to increase because they want to get a profit in a short time, they have in mind the coins they buy will continue to increase in price. I've also done a strategy like this, and the results are very satisfying. Some people think a strategy like this is the dumbest thing, but for me personally, better to make a profit in the near future than to have to wait a long time.
September 05, 2020, 10:34:48 AM
Most people perhaps like to believe what they see and it is not a bad thing in crypto market where trends really continue for good length of time, people get trqpped only when they buy too late or near the peak.
I must say each people have a different mind set. They are doing what they like in crypto space. That's correct when the price goes up as more people enter the market and buy in like crazy. then get's depressed when it dips and want to sell everything.
September 05, 2020, 10:22:34 AM
People see the high price as an opportunity that is good in that the coin is already a good one and hence they believe it will yield more profit for them than when the coin of a price is going low, personally I won't buy a coin that has dipped so much except one that I know its for a long time hold
I like the understanding that you give to this buying when a coin is rising. Not every coin may be bought at only in the dip except we just want to deceive ourselves and others. Most purchase of the DEFI was when it was going up and many still pick good profit from it. Anyone that bought YFI at 10k (with the starting price less than $50) would have made +100% more even while buying at the price pump but this may not be applicable to all coins. Jump to: