Post
Topic
Board Altcoin Discussion
Re: Why people are buying when the price is going up and not when it is down
by
feitannnnnnn
on 13/09/2020, 05:33:20 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 transition of rise and fall is very unpredictable in the market, so that's what made it interesting and risky, so I can say for some of the people, the view of seeing a price going up, makes them feel like it will be an easy money and investment. But it is not, KNOWLEDGE is the key ,some of the people I know, barely understand the logic behind the market prices, inflation and deflation, in other words economics. So if we will plot the rise and fall of the market, you cant barely see 2 points that is not in zigzag, so as the people not know any of these things, they will believe what they want to believe, and the assurance they need for their investments.

But this is just always at the beginning of everything. Eventually, they will learn how to grasp every situation, follow the trends of events between the corporations, know when and where to invest, and lastly, to know how to control the flow of the money within the circulation.