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

[Phoenix_PROG]

When coins and tokens starts appreciating in price many won't want to miss out because that can be the beginning of the surge, it's what others called FOMO (Fear of missing out) sometimes it works and sometimes you get rekt, it's your call to make

[maxreish]

Few reasons why they are riding the train;

• FOMO
• Inaccurate TA
• Go with the flow

Others are also tempted to buy at peak and then hanged and can not get back their entry. A lot doesn't even know which is the right entry and exit point that is why people wrongly buy at high price. I always advice not to ride in a hype, others do that anyway leads them with massive loss.

[lobo13hf]

There is nothing wrong in buying coins or tokens when price is going up, the price can keep surging after you buy, it's just more safer to buy coins and tokens when bears are taking over the market and price are falling

It's wrong caused by you just try to make your chance to get a loss will be even higher than before. If you were seeing what happened with bitcoin when it reached ATH in the past and how many people who have bought each bitcoin for 20k? this time it is trading 50% less

[joshua123]

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. 

Thats because of fomo. People have some neuron to activate their excitement when its already happening. Thats life, when the market is down all they want is to complain and not even buying. But when the market is going up now they are in hurry to buy even its expensive than the one they ignore when its down.

People never learn and do the fomo on the time they should just waiting already when its gonna pumped hard.

[Savemore]

It so funny with a bit sad to see that many people in this thread telling that averaging down is good strategy than momentum or swing trading,  sorry but it is the truth that buying while the trend is bearish is not good strategy. If you keep buying when the price continuing to make lower lows and lowers highs,  for sure you will incur huge losses. Why will you do that, it is a counter trend strategy where you are buying against the market. When the market is bearish, many investors are afraid and it is the reason why the price is continuing to become cheap but if you buy when the trend is uptrend, the probability of winning is so high because the price is continuing to become more expensive than before.

[Inkdull]

Fear of missing out will take over once crypto market starts showing sign of bullish trend, I don't blame those who jump right in when market starts showing positive sign and moves, it might be a good move after all

[Wingsbtc]

For example one can still buy eth at 300$ because it looks positive that price will increase more, Bitcoin is bullish on its own and DeFi projects are making Ethereum platform the best choice for new investors, its still a good time to jump in

[bbcolex]

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. 

Some people fear of missing out and jump in whatever the trend is, cause of the mindset of quick buck most of them ends as bag holder. Some large holder/whales manipulate the market, that's why some people only invest when their is positive going on cause of certain people taking advantage out of it.

[marks1976]

if most of people buy when its going down then its gonna go up very soon enough and that's mean it's not going to go down in the first place. However, it's mainly because most of people feared that their money will turn into dust when bearish and FOMO when bullish, that's the only reason for that in my opinion.

[hrunya102]

People are afraid that price will go even lower, and they will have to wait a very long time to get to 0, or maybe the project gone to the bottom and they will always remain with tokens.

[robelneo]

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. 

Basically they don't know the floor price, people are buying on what they think will the floor price and they sell on what they think the price is already in the ceiling they just go on what's going on the market when a coin gets pump they ride on FOMO, of course, the worst thing that you don't want to happen to you is to be late when the obvious is already there.

[novaprime]

if most of people buy when its going down then its gonna go up very soon enough and that's mean it's not going to go down in the first place. However, it's mainly because most of people feared that their money will turn into dust when bearish and FOMO when bullish, that's the only reason for that in my opinion.

I think when the market goes up, the psychology of investors becomes more comfortable, and that is when they are easy Fomo so this is the reason why many people lose money. I'm not too fond of the coins that are mentioned too much because it can be a trap for people to invest in and after buying the coin will usually tend to decrease immediately. Before you do anything, you need to think twice before deciding.

[shakesbear]

When the train goes up, it is possible to earn a little interest, and when it falls down, you are likely to lose, I imagine.

[kynaz]

For example one can still buy eth at 300$ because it looks positive that price will increase more, Bitcoin is bullish on its own and DeFi projects are making Ethereum platform the best choice for new investors, its still a good time to jump in

Defi projects are driving ETH prices back up and I'm sure the price will soon reach $500 in the next few days. I think based on what is happening, the whole market is showing very impressive signs of recovery, so if you are considering investing, this is still a good choice. The altcoin season is coming back again and the trend of investing in Defi projects will be mentioned a lot this year.

[Inkdatar]

It's not that dangerous to buy coin when their value start increasing, the most dangerous zone is buying at their All time high, presently the market is in good state and it's certain that value will continue to rise

Well, this is the mistake by others buying at all time high because they don’t believe it's future. And, also doubting the project if this could go increase its value. What others do is waiting for it first to boom in the market and proof that they could earn money.

[Squezzi55]

The best time to buy coins is when they lose value not when they are surging but if you are very good at following crypto market it's possible to spot upcoming bullrun, if you can then you buy when pump begins

[ven7net]

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. 

When a cryptocurrency grows in price, they start talking about it everywhere, and accordingly, many investors go to the market and buy in the hope that the price will go even higher and they will earn. However, this is not always the case. Cases of artificial price increases have become more frequent, which means that as a result, when investors come, the price of a crypto asset goes down. I've seen this many times before. Of course, this buy scheme when the price rises can give someone the opportunity to make money, but this is very risky. I think that you should not rush, but more carefully study the information about this crypto asset and learn about the reasons for the price increase. And only then draw a conclusion.

[MCobian]

Usually people who buy when the price of coins goes up don't understand how to read trading charts, or it could be a newbie
who is FOMO because he wants to enjoy profit. Though the price of coins can fall suddenly, successful traders will not do that.
It could also be because of following trading signals from other people, so making a wrong decision.

[Yatsan]

Mostly those people who buys when there is an up trend on the prices of the coin are for sure newbies or those that are newly engage in this industry. Little do they know that situation in here is somehow a contrary and there can be two types of opportunities on which you must buy while the price is low which is the first opportunity and sell or trade when the price goes up to gain profit which is another opportunity again.

For sure those people who goes with the up trend buying coins do not basically know that they must not get into the flow of buying while the price is rising because better opportunities come from the down trend on which people mostly complain but wise people treat it as opportunity to obtain more coins that are potential to have an increase on the price value.

Maybe those people have a wrong understanding or misconception on how things are being done in here most specially when it is done by a newbie since they are still not familiar on how things work in here. Before deciding to buy, they must know first the basic knowledge they must obtain before engaging into such transactions so that they won't be missing opportunities of gaining rather than losing.

[10BTCaDay]

The best time to buy coins is when they lose value not when they are surging but if you are very good at following crypto market it's possible to spot upcoming bullrun, if you can then you buy when pump begins

it is important to understand why coins lose their price. if the coin has been hacked or they have serious technical problems, then it is better not to buy immediately.