Why people are buying when the price is going up and not when it is down

[gabbie2010]

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. 

Trading cryptos require some bit of knowledge people buying at peak or when the price is climbing don't really study price action thus trading blindly this is often said times without number that " buy at low and sell at high" mid July the price of bitcoin was ranging at $9000 to $9300 I believed that was the most appropriate period to buy and hodl its quit funny seeing buyers when the price is pumping probably may be just scalp some profits if so such a trader must have experience in trading.

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[budi691]

Strategy and analysis when relying on emotions and lack of knowledge about market movements will carry over with the flow so that you panic buying to immediately get quick profits,
is that the trend now?
  where everyone wants to immediately get instant profit, but not accompanied by proper analysis

[H1N1]

This is called "quick profit" and many people want to get it by riding on the fomo train.
But we won't get profit it turned into a pump and dump works, that is only fomo trap.
My advice is, don't buy coins with this method if we cannot afford to lose our money because the risk of being loss is big.

[Zackgeno96]

Strategy and analysis when relying on emotions and lack of knowledge about market movements will carry over with the flow so that you panic buying to immediately get quick profits,
is that the trend now?
  where everyone wants to immediately get instant profit, but not accompanied by proper analysis

I guess this is because people are following their investment gurus and they are saying to buy bitcoin now because it is the trend and others are buying maybe because of FOMO and for earning quick profit in this bullish market. Most of these kinds of investors who are buying in this bullish market are gonna get hurt a lot when the market falls and they lose more than 50% of their initial investment, after that, they will never see bitcoin as a get the rich quick opportunity and will definitely do TA before making any entry trade in the market.

[Lordhermes]

Buying because most traders feel its about hitting the bull run, eventually, buying when the price is going up helps give a lot of gain as might be considered short term gain in a perfect period, but not to a small input, that's why Whales are the biggest profit earner in this situation. The market is a situation where at every price there must be a buyer that's what keep the volatility of the market and make it more stable. So definitely, if every traders buys at low price then the market will experience a crash.

[GREENch]

The best time to buy cryptocurrency is when you can, take some profits and move on. Waiting for some tokens to go down may be futile since the value may never drop to the level you want. I met bitcoin when it was less than a thousand dollars, but waiting to have bitcoin at that value now may be impossible.

I will tell you more, even if the price of the coin reaches the desired level (it does not matter whether we buy or sell) then this will not be enough because the notorious human greed will work against us.

[Andrews193]

I have a question about how many years have you been in the financial markets.
You must have heard the phrase 'Trend is friends' - the famous quote of longtime investors. If you buy on a downtrend, you are betting your money on the entire market. The biggest risk is losing all your money.

On the contrary, when we follow an uptrend, the chances are relatively high for us as the coin we invest in has more chance to be pumped, this market always needs such a crowd, we won't lose when things are still exciting and stimulating but if we enter a bear market, stuck and waiting is the first thing we can see. Of course, the angle here is just a relative of the trend and the nature of the market, a longtime investor always knows their flexibility in both markets, up and down, consider risks and opportunities

[josgandosbro]

who buy when the price rises are day traders not for long-term investments and this has become commonplace because day traders only take short-term profits

[coinfinger]

Uuhm, do you only buy when the market is going up? Don’t you know that you’re taking a risk and what you’re about doing now is what is called FOMO?

Well, there is still time and you can go ahead and buy now that you still have that time.

But, it is better you get to know this early, stop to FOMO, it is not a good thing and you are taking the risk of being affected if the market suddenly gets dumped. It’s always best to get in and buy any coin during those times when they are low and stable. That way you wouldn’t be taking much risk, and you will as well be buying at a cheaper rate.

[TEX-LXRY]

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. 

The main reason could be that people who are buying when it goes up because they know there will be a dump after that price pump so after that dump it will go much higher then the last hit so they are smart and clever person and sometimes they bluff and risk money.

TEX-LXRY

[Vilagra]

I think the main reason why people didn't buy when everything fall down that they don't fix their profit during bull market and when everything fall they just don't have free fiat to invest.

[Bitcoin_bullish]

That's because altcoins are shit and everyone knows they are going to zero. People trade the trend and wait to dump and take profits. If you get caught on the top you lose. The altcoin market is pure speculation and noone believes that any of the hopeless altcoins will ever grow and become the next Amazon. They are trash. You know it, the devs now it and everyone else knows this.

Someone said that people are clueless. They are not. There is noone that cares about any of the shitcoins. They can dump 99% even after a 99% dump. These are your altcoins fundamentals.

[Asuspawer09]

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. 

That's easy, a lot of people are often join when the market is on hype, probably its either they don't know anything in the market and just go with the flow or they are expecting the market to continue to increase its market price.

Having those mistakes instead of investing in the market when the market price is on the dump, there is no hype when the market is a dump and everything on the news is negative, that is why people or investors are discouraged to invest.

[funex]

I think those people who buy the top and just those who FOMO. YAM surprised people last week  as it went as high as 100$+ people were rushing to buy the top then within 24 hours the price dump to as low as 5$ and everyone who FOMO bought lost a whole lot  of money.

I think if people are following a project they will know when a particular news is about pumping the token and if they  cannot get in  early then  they should stay off that token .there is always another opportunity .

[popeye95]

The only thing I can think of when people doing that because they're FOMO. Yes, it was very much real and have strong impact on the price especially when a coin was in a booming period or rally. Follow the mass and fear of missing out is the basis of human behavior. Rarely case of people doing against the mass when it comes to the crypto market.

[Bitlover10]

This is happend with me and I got stuck when I take entry at high level. People think that price is keep increasing so let's enter in it and once your buy bid filled price start Dumping but that kind of thing mostly happend with shit coin. If you are taking entry top ten coin then it's higher chances to recover your loss but when you enter in shit coin then you can loose your hard money. It's better to wait for dip and keep your emotions away from the trade. Many people loss huge money in ampl. It was going to 4 dollars and now its under 1 dollar. So do proper dyor before enter. Don't go with fomo. Its very risky.

[Bes19]

Because not everyone can read a chart or doesn't know TA. They thought it is always the good time to buy well some cases it is but TA is very important coz it helps you to identify and analyze statistical trading trend.

[Denamen]

Because when price going up meaning it was on the uptrend so there could be more profitable to make. While when price going down meaning it was on the downtrend and it will going lower so people don't want to invest in it yet.

I agree with you. In fact, investors only like to buy coins that are in a bull phase because that period of time is good for making a profit because investor sentiment over that period is very good. However, that does not decide anything so before deciding to buy or sell, you should spend time researching the project to avoid unnecessary risks when investing.

[Blue_oxen]

Because not everyone can read a chart or doesn't know TA. They thought it is always the good time to buy well some cases it is but TA is very important coz it helps you to identify and analyze statistical trading trend.

True! In general, they don't know the proper knowledge, skills, techniques, and experiences to invest in this market. There  is always a golden rule that is "buy low sell high". Buying when the price is going up is also a common phenomenon of FOMO (Fear of missing out). That's the result of letting emotions affect decisions, and it's extremely harmful.

[cabron]

Because not everyone can read a chart or doesn't know TA. They thought it is always the good time to buy well some cases it is but TA is very important coz it helps you to identify and analyze statistical trading trend.

True! In general, they don't know the proper knowledge, skills, techniques, and experiences to invest in this market. There  is always a golden rule that is "buy low sell high". Buying when the price is going up is also a common phenomenon of FOMO (Fear of missing out). That's the result of letting emotions affect decisions, and it's extremely harmful.

They are chasing the pump which is why when they see a coin's price is going up, they tend to buy as well to find out if they can profit while the price goes us and of course they also sell when the price goes down. If they just learn how to read charts, none of us will pump the coins.

Isn't everyone also got into this stage where we buy while the price is increasing up?