/biz/ - Business & Finance

[Anonymous No.49841762]

What psychological phenomenon causes the majority of traders to be bearish at the bottom and bullish at the top?

[Anonymous No.49841775]

>>49841762
fear and greed

[Anonymous No.49841786]

>>49841775
/thread

[Anonymous No.49841792]

>>49841762
High esteogen

[Anonymous No.49841794]

>>49841762
fear and sneed

[Anonymous No.49841798]

>>49841762
They are young bucks that have not been broken in yet

[Anonymous No.49841823]

I would argue greed when talking about crypto. We all want to get the absolute bottom and no one is willing to buy within a range, ofcourse as we all know it’s not possible to time the market, but sometimes we just can’t help it. I could have bought BTC at 18K but I was waiting for 12K so I would make more profit when it eventually goes up but in retrospect I should have started buying under 20K

[Anonymous No.49841828]

>>49841792
Don't forget low test

Gotta hit the gym

[Anonymous No.49841841]

.

[Anonymous No.49841854]

>>49841762
Tops need fomo, bottoms need fear. If you have neither all you're left with is eternal crab.

[Anonymous No.49841858]

oldfag here. you're supposed to dca when it goes below a price you are comfortable with and just hold. ignore all the bobos and mumus. it is literally that simple.

[Anonymous No.49841877]

>>49841762
>it just keeps going down
>oh this must be the bottom
>nope
>down again
>seriously??
>wow that was a big liquidation
>3 months passes ok im glad the market has found a bottom
>-50%
>this is never going to end is it? im shorting
>profit
>short again with more margin
>profit
>all in short
>liquidated, bull market starts
reverse for bears

[Anonymous No.49841917]

>>49841762
Recency bias.

[Anonymous No.49841918]

>>49841762
Crypto is a Ponzi Scheme.
It’s backed by nothing. Not good, not a nations strength.

No earnings, no dividends, no inherent value.
Nothing.
Even bitcoin is backed by nothing but the limited issue.

[Anonymous No.49841937]

>>49841918
Good = gold.

[Anonymous No.49842031]

>>49841762
/biz/ culture anon

[Anonymous No.49842032]

>>49841918
what is gold backed by?

[Anonymous No.49842189]

>>49842032
10,000 years of belief, and actual, physical existence.

[Anonymous No.49842224]

>>49842189
lol

[Anonymous No.49842236]

>>49841762
tops are formed in a bull market
bottoms are formed in a bear market

[Anonymous No.49842810]

>person is friend or family you love
freely insult him
>person is asshole stranger
be nice and lick his boots

People are just backwards.

[Anonymous No.49842840]

>>49841762
Because the price action justifies the fear play when it’s down so they use the lowered price as evidence for their fearful thoughts.

[Anonymous No.49842896]

Selling is peak bearishness for the individual.

If everyone is bearish, that means everyone has sold; if everyone has sold, there are no sellers left. If there are no sellers left, there are only buyers.

[Anonymous No.49844091]

>>49841762
alpha bell curve

[Anonymous No.49844170]

>>49841762
hot hand fallacy

[Anonymous No.49844184]

>>49841775
fpbp. close the thread

[Anonymous No.49844213]

>>49841762
because they are normies and will always follow every trend.

[Anonymous No.49844480]

>>49841762
Hubris

[Anonymous No.49844522]

>>49841762
Something jews lack

[Anonymous No.49845723]

>>49841841
Hi love

[Anonymous No.49845858]

>>49841762
recency and confirmation bias

[Anonymous No.49845887]

>>49841775
ackshually its sneeds and feed

[Anonymous No.49846514]

>>49842840
That is confirmation bias. The same thing plays a role in FOMO - you FOMO in when the price is going up because the price going higher confirms your thought that it is going to go higher.

[Anonymous No.49846586]

The psychological phenomenon of retardation

[Anonymous No.49846610]

>>49841762
mass media mind control:

>RECESSION IS COMING BECAUSE WE SAID SO AND WE HAVE THE POWER TO CONTROL THAT DONCHAKNOW

>OMG BITCOIN IS EASILY GOING TO 100K WHY NOT DOUBLE YOUR MONEY HERE AT 60 ANON?

It's all just mind control it's the same reason they care about rebrands of the common cold, whatever drug companies tell them is real, wars far away from anywhere they'll ever go, which actor slapped which comedian, etc etc

they just do what they're told, they're basically robots. there's a lot of them.

[Anonymous No.49847104]

>>49841762
FOMO

[Anonymous No.49847165]

>>49842189
Nothing. Sea shells are the new gold (again).

[Anonymous No.49847753]

>>49842032
schizo boomers

[Anonymous No.49847865]

>>49841762
>number has gone up very much so it means it must keep going up!!!
>number has gone down very much so it means it will go down forever!!!!

[Anonymous No.49848309]

>>49844522
source on these, I assume it's an AI thing?

[Anonymous No.49849058]

>The trend is your fren
>until the end

[Anonymous No.49850428]

>>49841762
Physics.

[Anonymous No.49850436]

>>49841762
The media

[Anonymous No.49850488]

>>49848309
>https://huggingface.co/spaces/dalle-mini/dalle-mini
enjoy

[Anonymous No.49850495]

>>49844170
LE BIG SHORT!!! SELENA GOMEZ!!!

[Anonymous No.49850571]

The game was honked from the start.
Revolt. Question your public governments lead through recent time slips.
Time slips are caused by mass public government employees using previously used dates on legal document signature fields like previously used dates are current date. To say this again, there is a current date, but a previously used date is used on legal document signature fields. A public government employee walks into work, looks at cell phone, news paper, and television. The public government employee sees wrong date. Anyone looking at mainstream newspapers, nationally broadcasted television, or syncronized cell phones? You see a wrong date. Mass public government employees use wrong date on the legal document date field.
Public governments can address liability. Here are three options. Public government stop relying so crucially to private companies for calendar keeping, and public government compensate victim loss. Stop time slips, and redress grievances. An other option? Public government stop collecting taxes, and public government stop spending taxes. Cede opportunities to private companies. The third option? Public government employees quit public government jobs, and public government employees forfeit public government job pay. Dissolve government.

[Anonymous No.49851079]

Because imitation is 99% of human behavior and mostly it's a great way to efficienctly do what's advantageous, and because almost always advice is helpful. Both of those are not so in the stock market.
Although whether you should go with the herd or be contrarian is pretty complicated.

[Anonymous No.49851126]

Human nature.

5% of traders are pros who make all the money, 95% of the market is schmucks who lose all their money. They are just fish food for the sharks.

[Anonymous No.49851176]

You people are not "traders" LMAO

[Anonymous No.49851226]

>>49841762
You don't really know where the bottom and top are until after they're already passed. In the absence of that information someone who just took a loss because the price dropped is going to react by wondering if they should pull out to stop the damage. And someone who just made a lot of money because the price shot up is going to react by wondering if they should double down on their already profitable investment strategy.
Buying more when you just took a loss or selling off your holdings when you just made a gain both go counter to your natural instincts for what just happened to you in both cases.

[Anonymous No.49851315]

>>49841775
Fart and sneed

[Anonymous No.49851578]

>>49841918
Actually it's backed by electricity you dumb fuck.

What is gold backed by? Tangibility?! All valuations stem from the subjective judgements of individual actors. So no its not "backed by anything." Nothing is.

[Anonymous No.49851625]

its sentiment momentum

[Anonymous No.49852319]

>>49841762
Ignorance and retardation, many such cases

[Anonymous No.49852379]

>>49841762
Short attention span

[Anonymous No.49853596]

>>49841854
Full stop I used to fap to cookie clicker and the numbers getting bigger
Never fapped to people growing, but seeing numbers go up exponentially somehow used to get me hard.

[Anonymous No.49854186]

>>49841775
formerly cheer and creed

[Anonymous No.49854248]

>>49841762
Humans have a fear-based mind that has evolved over time to avoid risk and search for patterns and meaning. This natural mindset we all have is actually counter-productive to trading.

[Anonymous No.49854908]

>>49842032
>>49842189
>>49847165
>what is gold backed by?
intrinsic value derived from its unique chemical properties that no other elements currently known to man have

[Anonymous No.49855232]

>>49854248
I understand the fear part but not the pattern part
Are you insinuating that only weak patterns exist and we should use regularization on our mental models? If there were no patterns no rational action would be possible

[Anonymous No.49855243]

>>49841775
Fucking cocksucking brainlets buying high selling low. Getting and early bird slot on Kolnet for a degen play

[Anonymous No.49855292]

>>49841775
I think this is too simple. I would describe it as the collective fear and greed. Once you get to the point where many people are fearful and show their fear then you'll start to be worried too, same thing with greed. It's not just the fear and greed but the social consequences of it as well. That's why separating yourself from the herd is so important.

[Anonymous No.49855351]

>>49841762
fear

[Anonymous No.49855371]

Greed is at max in a bull market, I fell for that trap too and failed to sell the top. It feels like it'll never stop going up and you make plans what to do when you hit 7 figures

[Anonymous No.49855397]

>>49841762
High time preference

[Anonymous No.49855404]

>>49855292
But doesn't that contradict that you should follow the trend

[Anonymous No.49855417]

>>49841762
>Fear
>Of
>Missing
>Out

[Anonymous No.49855515]

>>49854908
lol

[Anonymous No.49855539]

>>49855404
Yes until no. Your job in a bull is to hold until you think the bull market is over. But even people who sold at 45k feel better than those holding still.

[Anonymous No.49855548]

>>49841762
Extrapolation.

[Anonymous No.49856216]

>>49841762
>>49841775
This and whatever things are like right now our brains think will be that way forever.
Trending up = it will keep going up forever.
Trending down = it will keep going down forever.

[Anonymous No.49856332]

satanism and the luciferian agenda of inversion