Why people are happy only when the price goes up? - page 3.

Savemore

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Quote from: DabsPoorVersion on July 12, 2020, 11:55:27 PM

If you belong to those people who invested in bitcoin at a lower value, then it is normal for you to be happy when the price goes up.

Those people are happy when the price goes up because they can finally sell their investment after making a profit. Those are the buyers in the dip that you are talking about, they bought their investment when the price is low, they bought as many as they can.

It is simple, of course they are happy whenever they have position of bitcoin because they make profit but whenever the price goes down of course they are not happy anymore because of the losses. But not all of the traders are happy whenever the price goes up, I also do shorting where I can make profit if the price is going down. Of course I will be happy when the price goes down whenever I'm in short position.

DabsPoorVersion

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If you belong to those people who invested in bitcoin at a lower value, then it is normal for you to be happy when the price goes up.

Those people are happy when the price goes up because they can finally sell their investment after making a profit. Those are the buyers in the dip that you are talking about, they bought their investment when the price is low, they bought as many as they can.

carlisle1

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Quote from: bithisach on July 12, 2020, 10:11:17 PM

Quote from: Sadlife on July 12, 2020, 08:08:05 PM

Probably if you're really invested in Bitcoin in a long perspective you shouldn't worry if the price goes down because it's only temporary and only in the short term. But rather convert it as an opportunity to buy more.
I dont get affected by the wild swings it does, because i know it's completely normal for a decentralize asset when its still developing.

Yeah it's more of a perspective thing. If you're only recently got on the bitcoin train, it's understandable you only cheer on the high prices. If you got on the bitcoin train long ago, you probably don't care enough to correct people deciding to jump ship, you might actually even be the one buying the bitcoins off of their hands. So it's beneficial to you in a way for them to sell.

Actually it is the other way around mate,If you are old timer here You are much concern when the price of Bitcoin is falling
down because in such way we took advantage and buying more,this is the perspective cryptonians has when the market
is breaking down at a chances.

and also being a Holding we have already our target time or amount before considering selling our assets again and until
we reach those that is the only reason why we will be only much concern in market pumping.

Quote from: The cure on July 12, 2020, 07:57:06 PM

For those who want to sell their hodling bitcoin of course they're happy when the price goes up, but for those who want to start and want to buy bitcoin the're not happy and still wait for the price drop.

There is a certain time for that and not happening everytime the price of Bitcoin goes up because thise happens thousand times in a year so if we will make serious each pump then we can call ourselves as day traders.

bithisach

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Quote from: Sadlife on July 12, 2020, 08:08:05 PM

Probably if you're really invested in Bitcoin in a long perspective you shouldn't worry if the price goes down because it's only temporary and only in the short term. But rather convert it as an opportunity to buy more.
I dont get affected by the wild swings it does, because i know it's completely normal for a decentralize asset when its still developing.

Yeah it's more of a perspective thing. If you're only recently got on the bitcoin train, it's understandable you only cheer on the high prices. If you got on the bitcoin train long ago, you probably don't care enough to correct people deciding to jump ship, you might actually even be the one buying the bitcoins off of their hands. So it's beneficial to you in a way for them to sell.

Sadlife

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Probably if you're really invested in Bitcoin in a long perspective you shouldn't worry if the price goes down because it's only temporary and only in the short term. But rather convert it as an opportunity to buy more.
I dont get affected by the wild swings it does, because i know it's completely normal for a decentralize asset when its still developing.

The cure

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For those who want to sell their hodling bitcoin of course they're happy when the price goes up, but for those who want to start and want to buy bitcoin the're not happy and still wait for the price drop.

ChronoLite

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it's always come with 2 possibilities:
1. bitcoin goes down, if this case happens that most of the holders that are holding their coins are definitely happy about this because they can sell their coins for profit. but for those who wants to buy are not happy and not ready to buy because of pump.
2. bitcoin goes up, if this case happens then buyers are really happy because they can buy bitcoins cheaper but for holders are not happy in this case because they have to wait to sell their coins for profit.

it always have pros and cons when it comes to these scenarios

Zionatin

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Because people are idiots and don't see the big picture. They think only from their side and for the short term. They don't realize that bitcoin dropping can be benefitial for us. If it never drops we cannot "buy low sell high" as much. I prefer the bitcoin roller coaster to fiat which loses its value each day and never goes up in value.

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Quote from: BlackHatCoiner on June 25, 2020, 02:00:17 PM

Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them Roll Eyes

Every one is always happy when price keeps going up especially during a bull market condition because you will always make profit even if you got into the trade late due to the coin keeping an increasing price movements. People who wants price to reduce are those who are looking for opportunities to buy more but any sane person that has already bought will always hope for continous price increase and it is super normal

ChiBitCTy

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I don't think this is the case at all. Most people I know whom are in to cryptocurrency and or bitcoin are happy when prices go down because they believe in the underlying currency and it's long term outlook. There for price going down equals a good buying opp for them.

danggoron

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Quote from: LogitechMouse on July 10, 2020, 09:26:39 PM

~Being happy when a good thing happen is our nature already and it is quite normal to see people happy especially those who are traders when they see their money growing in a short amount of time Cheesy

.
Anybody here who wants to be happy when the price goes down?? Maybe those who want to accumulate more Cheesy

.

All things in this world must have two opposing sides. Just like when the price of BTC or other altcoins goes up, surely the initial investors and holders who have saved it or bought it at a cheaper price will be very happy to see their assets grow, on the other hand, for people who doubt or don't have the chance to buy BTC and other altcoins, definitely sorry and disappointed because they were late.

Likewise, when prices go down, those who want to have BTC or altcoin at lower prices will definitely like this, to be saved as an investment. The opposite is true for those whose assets have decreased in value. Well, price increases and decreases are normal, as we know that cryptocurrency is very volatile. Increase and decrease in prices can be a good opportunity if we are able to implement the right strategy. the important thing is to do an analysis.

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Quote from: Kabul on July 11, 2020, 01:41:16 AM

As someone who doesn't have Bitcoin in my wallet, I always hope that Bitcoin's price (as well as other Altcoins) goes down. The reason is that when the price gets lower, I can actually buy the coins and start to store it. I really believe in Bitcoin's strength, the price will go up again in the future, especially in this time when Bitcoin is still the #1 cryptocurrency while not so many other currencies can actually replace it and gain much belief as Bitcoin had done.

First, when it comes to replacement or some sort of thing then we know that nothing do last forever and everything can really be replaced on the spot but for now on it current performance or support then we can actually tell that it would really takes time or even say that its nearly impossible for it to happen.

When it comes to chances on buying cheap coins then it isnt really necessary that you would really wait up for dumps since if you do come after for long term holds
then buying out whats price it is wont really be that much of a concern.Unless if you do aim for shorter time frames then waiting up for the right time
of entry would be your tempo.

Axelseseclevz

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If someone has a lot of coins to sell ,he need the price to go up but if he doesn't have anything in his wallet then do you think he will become happy if the price increased? I think he does not care whether the price goes up or down.

Blackrain13

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Quote from: BlackHatCoiner on June 25, 2020, 02:00:17 PM

Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them Roll Eyes

No,not all people are happy when the price go up ,it depends on their holdings. Other people needs a lower value in order to buy and full their bags. That's why everything is depends on the situation of the people. If your going to sell your bitcoin then of course you are happy to see that price are increasing but if you want to buy of course you will become happy if the price drop down.

Tahsin Kabir Kollol

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People are always happy when they see market prices rising because investors buy different coins and hold to sell them after a pump. Moreover, if the market price starts to rise, there is a possibility of profit by trading and the market investors and the market volume is much higher at this time. So when the price goes up, then people's hopes also increase about cryptocurrency and that is why all people become happy.

Ewox

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I think most of these people who are happy to see Bitcoin going up are those who have hodled their Bitcoin for a long time. Of course who wouldn't want to see Bitcoins' price go up. But I think it's fair that some would want it to go down so they can buy them at a much lower price/rate.

christhemaner

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When the price falls heavily this is a good chance for beginners to start holding bitcoin. Usually after this, the price rises again.

nicko122

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Quote from: BlackHatCoiner on June 25, 2020, 02:00:17 PM

Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTC

If we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them Roll Eyes

Those who want to sell coins are happy, and those who want to buy are happy when the price drops

It should be so. It's just a psychology, everyone is happy when bitcoin becomes more expensive, but those who trade it on an ongoing basis perceive this as usual Wink

Depends on what goal you are currently pursuing, selling or buying.

Rlyn

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We are all happy when Bitcoin rises its value especially when you are a bitcoin holder. But to answer this one, I think because they see that all their hard work is being paid off. They gain profit the way they expected it.

Kabul

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As someone who doesn't have Bitcoin in my wallet, I always hope that Bitcoin's price (as well as other Altcoins) goes down. The reason is that when the price gets lower, I can actually buy the coins and start to store it. I really believe in Bitcoin's strength, the price will go up again in the future, especially in this time when Bitcoin is still the #1 cryptocurrency while not so many other currencies can actually replace it and gain much belief as Bitcoin had done.

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