Post
Topic
Board Altcoin Discussion
Re: Why people are buying when the price is going up and not when it is down
by
Maxstl007
on 11/10/2020, 14:12:31 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
Crypto can be very tricky sometimes, those who are buying when price is surging aren't fool because sometimes a bullish thread is just getting started, if you don't jump in while you can you will regret and most times FOMO consumes many and they end up losing money, my advice is never invest all you have on a coin when there is a bullish thread, the possibility of corrections are huge so go in with half of what you want to invest and keep the rest for probably price down