Post
Topic
Board Altcoin Discussion
Re: Why people are buying when the price is going up and not when it is down
by
ufaiz50
on 04/08/2020, 01:15:43 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
The biggest reason is that we don't know when prices go up and when prices go down. That is why many join the train even though it is a bit late, just to make a profit. Not many people understand market movements and market analysis, cryptos fluctuate so quickly, so there are many benefits if you are on the right train, and a big risk if you are on the wrong train.