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

[@baoli]

It is really difficult to stop FOMO in people. Everything will seem dead and everyone will be quiet. It only takes people with experience and risk taking ability that buys at that point.

[harapan]

doubt maybe they have in mind when the price is down to buy so when the price goes up they scramble to buy so as not to be left behind when the price is getting pumped

[WalkerIVIV]

It is really difficult to stop FOMO in people. Everything will seem dead and everyone will be quiet. It only takes people with experience and risk taking ability that buys at that point.

As long as you have created enough awareness for everyone to never try to fall into the FOMO and i think they will think for a twice before try to get into the FOMO. i have seen so many people started to think in a smart way.

[Bitcoin Miners]

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 simple thing because when the market go down, you will not listen many news about market and invitement at that time will not be attractive people join in. Only really people who understand the market, they know that is good time to buy

[havoc928]

Actually it's because of FOMO. When market goes up people think it will be up more so they buy. But after the market reverse, they realized that it was a mistake. Emotions work here and people panic after seeing the market go down and sell all their holding. Thats why pro traders always suggest to keep your emotions out of your mind when making a decision about trade.

That's true! THe fear of missing out leads people to make a wrong decision all the time. Mostly, when the market is bullish, people rush to buy without noticing that the market can reverse anytime. They fear that if they don't buy they will miss the chance to earn money. Therefore, they usually buy higher than they should. Emotions play an important role in decision making, to be professional traders you have to learn how to control your emotions!

[john_nautica]

Intuition is what they are following, with the thought in mind of gaining profit twice their cost if they do this.

[RokokGudangGaram]

Simply because people would want to buy something cheap that would gain them twice or even thrice that costs them from buying in the right time, when the market goes up.

[Abiky]

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.
Remain confident in what you are doing right now, and I hope you will avoid doing nothing with cryptocurrency

Exactly. No one knows the true price of any given cryptocurrency on the market. Everything is just speculation. People are often driven by hype and greed, leading to regrets when prices go all the way down the drain. I'd say that buying when prices are going up is a mistake, since the crypto market often experiences a correction in price. People should buy crypto when prices are going down, in order to have a bigger opportunity to make profit when everything starts going to the moon. In crypto land, where everything behaves in strange and bizarre ways, anything is expected. The ones who buy when prices are going up, are most often newcomers into crypto. They're inexperienced, which leads them to make "immature" decisions in the crypto space. But veteran crypto users know when it's the right time to buy and when it's the right time to sell.

Ultimately, there might be no way to predict this due to crypto's wild fluctuations in price on the market. All you can do is diversify your investment into various prominent cryptocurrencies on the market, with the hopes of making a return of investment in the least time possible. Bitcoin is the major influencer of the market, so every time it goes up, so will other cryptocurrencies. But as I've said before, people don't pay attention to this since they're driven by hype and greed thinking that they'll become rich with crypto in the short term. Just my thoughts

[pedpedped101]

Simply because people would want to buy something cheap that would gain them twice or even thrice that costs them from buying in the right time, when the market goes up.

That is a clearcut Fomo. Why would they so that? They cannot be sure of the price has reached its climax for that period and it is about to dump. Several people have by virtue of that lost their hard earned money, which happens most times on shit exchanges. Although, it does not also.matter of it is on a good.exchange, because it happens coins that seem to be already established.

[torrantz]

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..

When people has been falling into FOMO and they will out of their mind. So many times people bought the coin in irrational price and they will be feeling panic when they will be seeing the it as a bulltrap. They buy at peak price and sell their coin at bottom price

[Gaston Cavalier]

Because ppl have short attention spans. Ppl get bored when prices stay stagnant for a long time. Sudden up moves will jolt them out of their slumber. FOMO rings ever true.

[Dhoe]

When people has been falling into FOMO and they will out of their mind. So many times people bought the coin in irrational price and they will be feeling panic when they will be seeing the it as a bulltrap. They buy at peak price and sell their coin at bottom price

Indeed, many of us often get Stuck in FOMO. We think when the price is Pumping, it will continue to Pump, even though the Pump period is over, So what remains is only the Dump period, So we often cut loss or hold for a long time.

[South Park]

Actually it's because of FOMO. When market goes up people think it will be up more so they buy. But after the market reverse, they realized that it was a mistake. Emotions work here and people panic after seeing the market go down and sell all their holding. Thats why pro traders always suggest to keep your emotions out of your mind when making a decision about trade.

And the most important thing is that it is not difficult to identify when FOMO is taking place, just look at what it is happening with ethereum right now, people are buying ethereum above 400 dollars and while there is a chance they are right and the price keeps going up those chances get lower each passing day, I really think we are close to the end of the positive movement for ethereum and when people finally realize this they are going to need to take a difficult decision as they will have to either face important losses or they will have to hold their coins until they can break even.

[Bossfidelity]

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.

[lixer]

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. 

Where exactly did you get to see that people were buying more when the price was going up than when it was going down?
As for me, I think people are constantly buying cryptocurrency all the time. Yes, there might be some increase in the buying rate when the price is going up, although I can’t tell if that’s true for sure, but I do check on Coinbase at the times when the price of Bitcoin is falling and the buying is still more than the selling rate.

There are always traders who are constantly buying without minding the market situation. It means different traders are following different strategies on where to buy and where to sell hence we cannot assume that all the traders are buying even prices are increasing. Moreover selling at higher prices than buying place is the simple logic what all traders are looking for hence even people are buying in up-surge they must be waiting for relatively higher prices to sell out.

[KimmyF]

When people has been falling into FOMO and they will out of their mind. So many times people bought the coin in irrational price and they will be feeling panic when they will be seeing the it as a bulltrap. They buy at peak price and sell their coin at bottom price

Indeed, many of us often get Stuck in FOMO. We think when the price is Pumping, it will continue to Pump, even though the Pump period is over, So what remains is only the Dump period, So we often cut loss or hold for a long time.

We can take the risk of pump time but we don't want to take the risk of dump price. We don't know the supply release this time, so we don't know the last dump price. From the last dump price we can take risk of cryptocurrency. Like now, this is a good time to invest, but we know that the Ethereum price is now 440 USD but last year was 100 USD.

[ameliana]

yes, but we can't really blame them or the project itself. In general, the conditions of the Cryptoqurrency market are unpredictable and even increases in coin prices can occur at any time. Depending on your knowledge in determining which coin to choose, buying at a high price is not a problem as long as project development continues and the team is working hard on it.

[chikator]

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. 

Maybe theyve never heard of the coin before it was starting to raise its value. Some people tend to buy when it is shooting up because of panic, the thought that maybe if they still buy now it would continue to go up. But for me personally, i wouldnt buy a coin when its going up

[ilovealtcoins]

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.

[Icologies]

usually people buy when the position is up because of the trend if an uptrend occurs then all quality coins will go higher Usually this trick is done by investors to get profit in the short term