Quote from: Traderbtcc on Today at 06:52:35 PM

Quote from: randegibran on Today at 04:16:05 PM

I think there are still a lot of people who are hesitant to buy bitcoin when the price is low because the price doesn't tend to go up for a short time so they prefer to buy it when the price is high and it has the possibility of price strengthening again in a relatively short time short.

I think they hesitate to buy when bitcoin dumps because they are scared that the price might continue downward, so they feel they might lose if they buy during dips and it would be only right to buy bitcoin when they see it start pumping, alot of people pray for dumps to happen in the market so they can shop and get coins at cheaper prices, but when the dump happens they all become scared of buying, just typical humans beings for you.

As a human being then having this reaction or emotion is just really normal on where we do really hesitate or getting too scared on losing our money this is just normal but there are people who do really

love to take risk and they are the ones who do mostly or likely to get some profits if the market turns out to have some reversal then its really be having 2 possible outcomes which is
neither going up or down.

Majority of people do say that it is simple mechanics but when you are on the actual situation then it is something that you can just do.Price volatility unpredictability will really be
your main enemy.