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

[Towerbreeze]

Most don't have a clue about what they are doing, they jump right in because of FOMO, they don't want to miss out and they believe that the price will keep going up for long time, mean why bears can take over at any time, always buy altcoins when they loses value only

[GREENch]

People have no choice but to buy coins when they are surging because they believe the surge is just beginning and again we are in a good market shape right now, buying now isn't buying to lose because the change is here, over 7 billion dollars moved into DeFi projects alone so far, that's big enough to drive crypto market into a very greenish state

What do you mean people have no choice? If a person has a head on his shoulders and knows how to use it for its intended purpose, then he can, after studying the project, decide whether to invest in it or not. And will make this choice not at the moment when all the coins are growing, but will take care of this issue in advance.

[RealMalatesta]

Well, the emotional response usually to when it goes lower is known but I don't know when its going up. When bitcoin is going down people do end up selling instead of buying (hence why it goes down actually) because they think they can get out before it reaches bottom and can buy at the bottom.

When bitcoin price was 9k and drops to 7.5k, you don't know if it will stop at 7.5k or stops at 5k or 3k, everything is unknown at that moment, so they sell at 7.5k and hope that it goes down to 4k so they can buy even more bitcoin and when it goes back up they could be richer. Or there are panic sellers as well, people yell bitcoin dying bitcoin ending and so forth do exist as well but I doubt they are the majority. Why they end up buying while its going up is not something I know.

[BITCOIN4X]

If something raising, they have more chances of reaching further while if something already falling, you will never know when it was the lowest point. Just a common sense for everything, not just crypto.

Each of us has our own point of view about when is the right time to start buying something in the market. When price rise quickly, there is usually a big chance to make a profit in a short time so that some trader will buy and sell again after reaching the profit target. Trader who usually buy when price go up never hold their asset for a long time when they make a profit and most of them are day trader.

About which one is the best in my opinion each of us has his own answer depending on the habit and opportunities that exist when trading.

[StephenJH]

Now good time for crypto.Day by day huge increase bitcoin, Ethereum & others crypto coin.This is really good time crypto currency market.I hope this time bitcoin stable for some month.some day wait Bitcoin cross $12k.Ethereum touch 450$.crypto market economy really awesome.This is perfect time for crypto.

It is really so bad to bay any coin at a high price, it is the best method to buy any coin at a low price then wait for the right time for selling them. But some coins are always profitable like ETH, as you above mentioned BTC is just increasing and it seems it will keep rising up. It can be the best time to invest in altcoins also in BTC. That is why BTC price effects other cryptocurrencies so good and it is chance to make a profit. However, you must try making right decisions about your investment.

Although the Bitcoin dominance is presently dropping, many people are still more comfortable with buying bitcoin than investing in altcoins. As a result, only when alts gather attention and look primed for a rally do people decide to buy them. Hence the seeming boycott of alts.

That is right people are more comfortable right now about investment, that is why BTC has survived from 9k. It was a bit harder to reach 10k, but after reached this price it would be easy for BTC to reach 11k and l think it will be 12k in the near future. This event has also affected the price of other cryptocurrencies. You can see ETH and others, ETH shows right now 40% more than own early price. l hope it will keep going on till the end of the year.

[forexandcryptoauditor]

I think wise people do exactly the opposite. When we say people sell at low prices, this can only happen if there are buyers available for that quantities which are getting sold. And same for buying at higher levels. From my point of view, we should avoid a one-time investment and keep buying monthly or quarterly in equal quantities o average the price which can bring very good returns down the line a few months or years.

[kevinzxz]

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. 

because most people are afraid that prices will fall again, so many people wait until the price rises to invest, because when the price increases, the opportunity for us to get profit is very easy, therefore most people prefer to invest when prices are rising and not when prices go down.

[ufaiz50]

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 biggest reason is that we don't know when prices go up and when prices go down. That is why many join the train even though it is a bit late, just to make a profit. Not many people understand market movements and market analysis, cryptos fluctuate so quickly, so there are many benefits if you are on the right train, and a big risk if you are on the wrong train.

[elewton]

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 biggest reason is that we don't know when prices go up and when prices go down. That is why many join the train even though it is a bit late, just to make a profit. Not many people understand market movements and market analysis, cryptos fluctuate so quickly, so there are many benefits if you are on the right train, and a big risk if you are on the wrong train.

In general you cannot predict anything and any investment is risky, so spend some analysis time before investing. I'm not good at analyzing this market and will usually look for some of the top trading experts at TradingView because they analyze a lot more accurately than me. If the market is trending up, it is a good time to invest but it all stops at the prediction because we cannot be 100% sure.

[redsun114]

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.  

Nah, maybe that’s for the people you have met; That’s not for me. I buy coins when they are low in price, and I have a friend who is buying all the time without minding the market situation, he’s always buying when the price is very high, when it falling, and when it’s low, he just doesn’t mind. And of course he has his own ways of making profit.

As for me, I don’t buy coins when they are going up, I buy them when the price falls. That way I am able to purchase the assets at low price range, and then I relax and start watching it for a long time to see where it’s heading to.

[unusualfacts30]

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. 

They are expecting that it will go much higher or may be they are day trading. It's not an easy answer to this and you can't assume whats their motive behind it. Most people prefer to buy when price is low but this doesn't involve day traders and people who are trying to ride the waves.

[abeecrypto]

People do buy low too. The ones that buy high are mostly amateurs and newbies in the crypto market. Some experience traders also do this. Especially the ones that want to make some gains in a little while. Sometimes it backfires. It works for them sometimes though. When I was  a new to the market I jumped into the market when it was going up and I made some profit. I did it again, and lost big time. The simple strategy known by every experienced trader is to buy when it is low. It's safer that way.  But hey, what you see to be high today might be the low tommorow.

[Bezobraznike]

They buy it chasing a quick profit with short-term trading methods but this is very risky because every movement of the increase there is a correction, for those beginners are not ready with it.

   Falconer I agree with you, beginners are not ready for fluctuations in the crypto-market. They wait the price to show the signs of
recovering and to buy that, but they don't understand is they missed buying opportunity when the prices were on bottom.
   I needed time to understand that in the beginning. What means buying bottoms and selling tops, everything in the middle means
less profit, for maximum profit you need to buy when others are dumping, and to sell when others are buying!

[ZincUnrated]

Most people doing this are only falling for the emotions of FOMO (Fear of Missing Out) which is never a good idea or thing to do. It is mostly associated with people who are new to the market and more often than not, they get burnt in the process. The basic rule is, for every pump in price, there must be a correction which means a pull back in price. This is the best time to invest or buy any cryptocurrency. However, people let their emotions get the better of them and most times, the consequences are devastating.

[azisjz4]

Many people who buy when prices go up, because they do not want to miss the positive trend of the market and their strategy to do short therm. It may be that, when prices are low, they do not want to take decisions for fear of loss, so when prices start to rise they then buy it. What we need is to find out where we are before something happens. If you miss it, let it go and wait for the next train

[Itsmylife]

Many people who buy when prices go up, because they do not want to miss the positive trend of the market and their strategy to do short therm. It may be that, when prices are low, they do not want to take decisions for fear of loss, so when prices start to rise they then buy it. What we need is to find out where we are before something happens. If you miss it, let it go and wait for the next train

I have a good method for this situation. If you miss a train, please wait for a flash dumping (some people want to sell their investments to make a profit) because the dumping is not what the whale think so the price will keep rising.

[Retainly_Collie]

Perhaps this is the psychology of traders in this market, they can wait patiently for the price to go down to buy and think it can go lower and they will buy more. But when the price goes up they are afraid that it will continue to rise and they will miss that opportunity, which is why people often buy when prices go up.

[judeafante]

People want to make sure that they are going to make a profit, they don't want to buy when the market is going down because still think that Crypto is a bubble and they can lose everything here, they want a more realistic view of the market and they can get it only when the market is going up, they want to go with the crowd in the market.

[Docbee]

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. 

There is no definite time someone cannot buy. People that are buying actually saw an opportunity and they want to explore it.  They don't see the price of ETH and BTC dropping for now.  But the fact is that, for someone to make appreciable profit, then you need to buy in large quantity. When you have $2-5 increase, you can sell off and reinvest.

[mezzaluna]

Well, that is actually one mistake (including me) is being done by people who wanted to ride the increase of value of a Cryptocurrency. We cant deny that it will be really profitable at some point but we just know that its a peak time on when people are also selling their own Cryptocurrency because they needed something else. So for me, it is like a decision made in that moment where you are just hoping that your investment would go well but made with a decision that is poorly thought of.

So I gave myself a reminder to buy it at anytime when I'm able to.