Post
Topic
Board Beginners & Help
Re: in my opinion don't buy crypto at high prices
by
tvplus006
on 18/02/2023, 11:39:32 UTC
...what do you think causes people to behave like that, namely always buying at high prices,? but when the price is cheap he doesn't want to?

The main reason when a coin is bought at a high price is greed. In such cases, the beginner is possessed by Fomo and he calculates how much would be able to make a profit if he held this coin. When the price is low, fear is the main reason not to make purchases, as the price may decrease even more.