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

[robattfield]

because most people think if they always follow the hype they will benefit in a short time, even though it could be that when they buy at ATH then they fall into a deep abyss.

Like early in 2018, many people took fomo and bought altcoins at very high prices. Then the market collapsed and they were stuck there, and most likely they will never be able to see those altcoins going up to ATH again. So never fomo in this market, it's very dangerous

[1715579576]

1715579576

[john_nautica]

I think this happens because of what people believe in. Some people buy coins when they are declining because they have faith that it will rise up soon. On the other hand, some buy coins only when they see some improvement with the price because they also think that it will increase more soon. You see, they both believe that prices will be moving up yet, the time they thought of it as opportunity and took it is what differs with people.

[gwaposakon]

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. 

I think people who buy when the price is going up is that they know that the coin is on the uptrend. they have studied the flow of the market and they are running along the bullish cycle. Amassing a good amount and then sell when the trend is going down. Getting some gain for themselves.

[jrrsparkles]

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. 

I think people who buy when the price is going up is that they know that the coin is on the uptrend. they have studied the flow of the market and they are running along the bullish cycle. Amassing a good amount and then sell when the trend is going down. Getting some gain for themselves.

This kind of investors are not going to enjoy the benefits for long term because there will be more profits if they invested when the price is deep down and sell them at the high price, but when people coming after analysing the uptrend almost the market might reached its height so they are taking huge risk for less profits.

[umbara ardian]

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. 

I think people who buy when the price is going up is that they know that the coin is on the uptrend. they have studied the flow of the market and they are running along the bullish cycle. Amassing a good amount and then sell when the trend is going down. Getting some gain for themselves.

I think they cannot control their mentality, when the price rises, it makes them fear of missing an opportunity and not being able to profit from it. Then they will buy and lose money if the market collapses soon after, this situation often happens in this market and they need to remain psychologically in this market to avoid losing.

[RabbiTANK]

The best time to buy is in red market but when bullrun signs shows a strong support investors can just right in as well, it's never too late to invest and this presently crypto market looks stronger than ever

[princecharles]

The major reason why people buy coin is because they want to make profit. Atimes, its because of the fear of missing out in the increasing price. They want to join before the price goes overboard. This may seem risky, but it could be worth it, if the project is a good one or if there's information as to what may lead to an increase in the value.

[kensaii]

Because people ain't stupid when buying high? As long as they can see a profit by thinking the price could go even higher after the buying, they are fine with their choice. Buy when it was low is okay, not for buying while it was fell sharply without any sign of recovering.

[Henrytrust]

There could be diversity of reasons why people buy cryptocurrency at a particular point in time. Some persons buy at an increasing price simply because that was when they had money and since they've had intension of investing in the market, they just jump into it. Some could be because they perceive greater increase and don't want to miss out on the whole increase.

[ije07]

Every investor has a different analysis from each other and not all coins can be profitable for investment. Fomo is one of the things that makes most investors buy when prices rise. If you want to get a lot of profit then invest when the price is low, but the problem is that the market situation is difficult to predict and we don't even know which coin will give you a lot of profit in the future.

[FaucetKING]

As long as we are talking about finances, peoples are essentially being weird when making their investments. Some peoples are trading for a long or a medium time span and these are the ones going to put buy trades in the down trend season. In the other side, some other peoples may prefer to swing trade or to do some fast trades to gain lower profits but this type usually thinks that the lower amounts of profit are safer that's why they continue in this trading basis. You can't control what peoples are doing and that's the human nature, difference is a must.

[key4co.in]

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. 

This is so true, people FOMO in when price spike and some do not even check TA to know good entry. Meanwhile, people begin to dump massively or in another case, stop loss/limit orders go to the order book when prices fall, hence more dump. It's not totally wrong to buy when prices are going up, but that should be immediately after a breakout or after a breakout and retest of resistance turned support. However, best time to buy coins is at dips, but entries matter and also reason for the dump should be considered don't get it twisted. You don't just buy a coin because it's dipping, hoping it pumps, what if they exit scam and people started to dump?

[funex]

 People sometimes prefer buying a coin that is mooning already because they think  its a good project that is the reason for the price to go up . Most people do not care about the news behind the price going up because they don't know much about that project all that matters to them is that the price is up and may keep going up so they decide to jump in and buy.

[ubay]

Many of the beginners in the crypto world always follow the trend in doing business, such as the issue of bitcoin will rise 10x from now and in the end, they are lured into buying and buying without being based on analysis and knowledge of the world of crypto. And in the end, most of them will fail.

[shollyen]

Many of the beginners in the crypto world always follow the trend in doing business, such as the issue of bitcoin will rise 10x from now and in the end, they are lured into buying and buying without being based on analysis and knowledge of the world of crypto. And in the end, most of them will fail.

Some do it and still get aways with it and there are some that will definitely not get away with it, due to their ignorance. Understanding trend is very important. It will help to safeguard against uneccesary falll into the trap of whales.
You see them come around, because they are afraid pf missing out from the profit. Most tend to be more conscious of the profit they want to make than security.

[pixie85]

You can say they buy when the price goes up, but their math says it is cheap.  There is no fixed price for a digital asset, because guessing the future is mysterious and fun.  There could be a rally or bullish when they buy

Your point of view is always relative because you never know in which point of the move you are.

You could be seeing a 100% move up and feel like it's the peak because it just doubled in value but it could be the beginning of one of those 500% bitcoin rallies. You could be at the 80% correction and feel like its the end but really it's going to go down to 95% just like XRP did.

People react to what others do and feel better in a crowd. It's basic market psychology.

[WannaCry]

that is the reality hahaha.. we call that as FOMO.. most of the time people are like that.. they don;t know how to buy the coin is on down or deep.. they will just start to buy when they saw the price coming up..

[South Park]

because most people think if they always follow the hype they will benefit in a short time, even though it could be that when they buy at ATH then they fall into a deep abyss.

The truth is that no one knows when the market is going to begin to go down and the more the market grows the bigger the expectations that keeps growing, we have seen this many times in the past and bitcoin itself was victim of this, when bitcoin reached its all time high people were talking about how much bitcoin could still grow and then when it began to go down people were really disappointed by it, however if you want to avoid this then do not buy any coin when it has reached its all time high.

[jpnl0006]

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 just believe that the pump in the price of bitcoin and other alternative coins will get to a new All-Time-High. Often times they don't do any form of analysis before taking  adive into investing. They allow their emotions rule their sense of judgement and it finanlly leaves them making a whole lot of mistake and loosing funds.

[Eco_111]

It's not too late to buy altcoins presently, only those few altcoins that surge over 500% are too dangerous because they can still dump in value, do your research carefully and pick projects with good volume and good use case