Post
Topic
Board Altcoin Discussion
Re: Why people are buying when the price is going up and not when it is down
by
Nancyo
on 27/08/2020, 23:11:39 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


People buy when price is going up cos they believe that the coin will eventually pay off as the price is high but when price is going down them its believed to mean either the price is resetting or dieing gradually and for that people tend to set clear off