Post
Topic
Board Altcoin Discussion
Re: Why people are buying when the price is going up and not when it is down
by
abayan
on 30/07/2020, 23:52:47 UTC
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
Because they are afraid that they can't ride on it or what they call fear of missing out when the price was continue to pump they will buy and buy that coin and they will expect that the coin will continue to pump but the truth os the coin will not pump according on their expected and when the price goes down then they will sell even the price was too low.