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/biz/ - Business & Finance

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21558380 No.21558380 [Reply] [Original]

I'm new to this, who's buying during such a huge drop? I don't get it.
Why does the price go up? Are people wanting to lose money?
Can some financial expert explain me?

>> No.21558404

>>21558380
normies are dumb as fuck thats why

>> No.21558520

>>21558380
people who believe in Chainlink buy during the drop. Because they believe that it will only drop so much, have a recovery and then ascend to a new ATH. So they buy during the drop to accumulate more, cause they believe that they will be worth even more than 20 dollars later. People get scared and they sell when it gets really high. A bunch of weak handed faggots. Then when it recovers they have to remember they sold out at such a shit price they may kill themselves. Also when someone who has a shit ton of link sells their stack, they have a larger impact on the market. Which is basically what happened.

>> No.21558573

>>21558380
sell when u see wtf was that posts
buy when u see red wojaks

>> No.21558577

>financial expert
>/biz/

>> No.21558588

>>21558520
this

also how much link was sold during that drop? Must have been substantial

>> No.21558599
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21558599

>>21558380
>who's buying during such a huge drop?
>Why does the price go up? Are people wanting to lose money?

>> No.21558618

>>21558380
they forgot you're supposed to buy high and sell low

>> No.21558631

>>21558380
Just buy hexo and profit

>> No.21558673
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21558673

Are humans really this predictable, is this.chart really always how it goes?

>> No.21558688

>>21558380
> I'm new to this, who's buying during such a huge drop?
People who think the price will go up. You can't time exact bottom.
> Why does the price go up?
The price goes up when demand > supply at the current price. The price goes down when demand < supply at the current price.

>> No.21559196

>>21558573
ABSOLUTELY BASED

>> No.21559345

>>21558380
Millionaires handing their bags to the next millionaires. The torch has been passed.

>> No.21559389
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21559389

I bought more during the dip, already making profit

>> No.21559401
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21559401

>>21558380
84% of the population is literally retarded

>> No.21559901

>>21558673
> is game theory really this precise?