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

[Eugenar]

Well, it is because some people are afraid to gamble. Those who buys when the price of crypto is increasing, are those who cannot afford investing and waiting for years. There do tend to wait for the movement before investing to something because in such way, the direction will lessen the risk. But ofcourse, the profit will still be bigger if you invested at the "bottom" but these people are more concerned of lesser risk than bigger profit, which I think is not wrong. We just have our own ways in order to come up with profit in this industry.

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[SlimShadyMmp]

Most people panic buy and it ends-up hurting them. I will say lack of proper analysis and FOMO is the main cause People feel like they dont want to miss the train and their emotion get over their reasoning which happens most of the time I think learning control will help but I think is natural to FOMO sometimes

[codpku]

Its about pshycology and lack of knowledge, all people want fast profit and follow the wave but they dont know how deathly wave behind
They can get big loss if they to greedy and follow the market
But we can not say that buy when the price was down was the good strategy maybe thats only first wave before the giant wave come
Be patient before we decided to choose the right price and ofcourse learn more and more!!

[marcous]

People are too rushed into the momentum of the trend, this should be avoided if we don't have the least knowledge of fundamental and trading analysis. most people buy coins on their instinct to make quick profits. it becomes one's physiology when one sees the momentum.

[WalkerIVIV]

People are too rushed into the momentum of the trend, this should be avoided if we don't have the least knowledge of fundamental and trading analysis. most people buy coins on their instinct to make quick profits. it becomes one's physiology when one sees the momentum.

They were shorting the coins and they will never try to avoid that when they can make some money from there. It's not that all of people will always do the deep research before consider when the pump has already occured and what should they do should be to join in the market as soon as possible.

[Kotone]

This is a good question or statement. Actually people are always like this. When the market is down they dont want to buy but when the market is up thats the time they arr so rushed to buy a coin. It seems they only concern about the  price of it and earn easy money ending up losing than winning. For those who are fearful thats not good. When everyone is crying due to market price then thats the time we should buy. Cause we can buy at cheap price.

[Abiky]

Most people panic buy and it ends-up hurting them. I will say lack of proper analysis and FOMO is the main cause People feel like they dont want to miss the train and their emotion get over their reasoning which happens most of the time I think learning control will help but I think is natural to FOMO sometimes

I don't get why most people do this, since it's logical that a person should get in when prices are going down (not the other way around). People become excited when prices go all the way to the moon, with the hopes of making a quick buck. Crypto is not about getting rich quick, but rather about being a useful alternative financial system for the world in times of need. It's all psychological than anything else. Believe me, I used to have the "FOMO" sentiment, only to lose a substantial amount of money when prices went all the way down the drain. It's best to wait when prices are going down, in order to buy more coins for less. Since the crypto market behaves like a "rollercoaster", it should bounce back to its original price levels after some period of time.

Right now we're in a bull market, so I wouldn't be surprised many people buying at current prices. With "De-Fi" and Stablecoins on the spotlight, both Bitcoin and Ethereum will experience high gains in a short amount of time. People will continue to buy at high prices until the hype is over. Once the bear market takes place, most people who got in at high prices will regret making that decision in the first place. In crypto land where strange and bizarre things happen, people often make foolish decisions. There will always be those who buy coins at low prices, while others will buy them when they're in their ATHs. As long as you buy low and sell high, nothing should go wrong. Just my opinion

[bxipp]

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 because you cannot predict the future.. If you can predict the future then i guess you will be a millionaire in no time for real. It was not easy to guess where the price will be. Down or going up. if i can predict bitcoin movement i will buy a lot bitcoin and has no worry at all to loss as i can predict the future..

[pandanaran]

There is a particular reason why someone buys at a high price, it could be because they think that the coin will someday have a higher selling price than the initial capital price. on the other hand, worry about being trapped in FOMO, because crypto price movements cannot be predicted or do not always have a fixed value.

[optimisticcm]

Most people perhaps like to believe what they see and it is not a bad thing in crypto market where trends really continue for good length of time, people get trqpped only when they buy too late or near the peak.

[Nancyo]

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. 

People buy when price is going up cos they believe that the coin will eventually pay off as the price is high but when price is going down them its believed to mean either the price is resetting or dieing gradually and for that people tend to set clear off

[Annamike]

People see the high price as an opportunity that is good in that the coin is already a good one and hence they believe it will yield more profit for them than when the coin of a price is going low, personally I won't buy a coin that has dipped so much except one that I know its for a long time hold

[royalfestus]

People see the high price as an opportunity that is good in that the coin is already a good one and hence they believe it will yield more profit for them than when the coin of a price is going low, personally I won't buy a coin that has dipped so much except one that I know its for a long time hold

I like the understanding that you give to this buying when a coin is rising. Not every coin may be bought at only in the dip except we just want to deceive ourselves and others. Most purchase of the DEFI was when it was going up and many still pick good profit from it. Anyone that bought YFI at 10k (with the starting price less than $50) would have made +100% more even while buying at the price pump but this may not be applicable to all coins.

[ibuddy122505]

Most people perhaps like to believe what they see and it is not a bad thing in crypto market where trends really continue for good length of time, people get trqpped only when they buy too late or near the peak.

I must say each people have a different mind set. They are doing what they like in crypto space.
That's correct when the price goes up as more people enter the market and buy in like crazy. then get's depressed when it dips and want to sell everything.

[mamesso]

They buy coins when the price starts to increase because they want to get a profit in a short time, they have in mind the coins they buy will continue to increase in price. I've also done a strategy like this, and the results are very satisfying. Some people think a strategy like this is the dumbest thing, but for me personally, better to make a profit in the near future than to have to wait a long time.

[FairUser]

Because they do not have much experience in this market and are dominated by emotions. When this market grows, they do not have the patience to wait for it to collapse, they are afraid of missing an opportunity because the price may continue to go up. But when the market bleed, they thought that the price would go down again and made a decision to wait

[(o)(o)ilikeboobs(o)(o)]

You may not have heard of the phrase "Trends are friends." When the price goes up, it is likely to rise again and when it goes down, it is likely to go down again. No one is foolish to go against the trend because the possibility of losses is huge.

[_IRMAN]

A person buying when the price is going up is called panic buying, he doesn't understand trading, he just follows the trend and hopes to make a profit, when in fact this is the wrong thing. Panic buying can cause losses.

[math2020]

Most of the people are in a great hurry. They want to be rich with in less time. When price is up they expect that it will go more up and even in up ward they expect it more and do not sell .when price take dump they sell. Secondly most of us do not know TA or FA .

[proscratcher]

Market emotions. That's the nature of humans. People make a decision based on emotions most of the time(excitement). And that's why the market is going up and down, because of the randomness of people. Fear and greed create trends.