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

[bgaf]

Because they're just clueless follow the trend of market and looking for short term profit. They hadn't got to the point to predict the market's trend and make a choice according to it. Not many traders able to doing something like that so I don't blame them.

Actually they are more like fomo guys. Some of these guys as soon they saw the market or some news flash on their screen something fomo will happened. For example, the latest news on ocean protocol. Got listed on Binance and the price increase 35% probably they will go and buy hoping for a double increase. Sometime news like that is fake, and that 35% has been happened even without the listing. You can noticed that if you are observing the market fluctuations.

[Crypto_lion]

Well that's the human psychology for you. We tend to get greedy and accumulate when the price is going up and fear to invest when the price is going down when we should be doing the opposite.

[Iyeman]

I think the main reason why people didn't buy when everything fall down that they don't fix their profit during bull market and when everything fall they just don't have free fiat to invest.

When they were buying at the top and their coins are getting dumped and they will be feeling panic. it's very difficult to control the emotion for not shorting the market before we get a huge loss.
This makes people will be missing the bump that can happen anytime.

[JCviggen]

Well that's the human psychology for you. We tend to get greedy and accumulate when the price is going up and fear to invest when the price is going down when we should be doing the opposite.

only because of this, smart people can make money in this market. it is important to understand how people think and to act differently from the crowd.

[seoincorporation]

Fear and that concludes to an emotional decision.
They're not looking into the graph as well, because if they did they could've waited instead.
Either they do not understand what they're doing at all or it is emotion.

The emotional side of the human make us takes some wrong decisions, i agree with that, but some people sell their coins at a low price because they need the money and that is not an emotional move. And more now under crisis times lot of them sell the coins because of a need.

[Teraboy]

I think the main reason why people didn't buy when everything fall down that they don't fix their profit during bull market and when everything fall they just don't have free fiat to invest.

They were feeling worried with the possibility for the price to go down even more. In my experience sometimes the big dump can happen anytime. They didn't expect the bump can happen too.
That makes them all feel worried to enter in the market when the price is very cheap compared before it was getting dumped.

[Ginger Beef]

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

Because crypto always goes up in a straight line, and never sells off. 

[GREENch]

Because crypto always goes up in a straight line, and never sells off. 

Doubtful statement, as it seems to me, the graph of most cryptocurrencies resembles a sinusoid rather than a straight line.

[Abiky]

I guess this is because people are following their investment gurus and they are saying to buy bitcoin now because it is the trend and others are buying maybe because of FOMO and for earning quick profit in this bullish market. Most of these kinds of investors who are buying in this bullish market are gonna get hurt a lot when the market falls and they lose more than 50% of their initial investment, after that, they will never see bitcoin as a get the rich quick opportunity and will definitely do TA before making any entry trade in the market.

Completely agree with you, mate. People invest when prices are going up because of greed more than anything else. It's that greed which leads them to failure in the long run. The wisest decision would be to buy when prices are going down, and sell when they're going up. But newcomers in crypto don't truly understand how the market behaves. In this period of uncertainty because of the COVID-19 pandemic, it's best to accumulate crypto as much as you can since prices are getting higher month after month. This is not a guarantee that you'll be able to double or even triple your investment as crypto behaves in strange and bizarre ways. If you diversify your investments into various cryptocurrencies on the market, you'll be able to minimize risks as much as possible.

Given that people are often driven by money, they often make mistakes in crypto land. It's up to experienced people in the crypto industry to guide newcomers towards the right path. With proper education, people will be able to learn when to invest in crypto and when to sell their holdings for profit. Let's hope the market stabilizes in the future so that people won't lose all of their hard earned money in a blink of an eye. Just my opinion

[daglordjames]

Maybe they don't know what they're doing just buying them and doesn't wait when it'll go for low price and sell it on high or maybe they're new here that's why they just buy them.

[DarkTrix]

This is the psychology of people. It's very hard to buy when everything falls. Because it seems that the token will die

[Estehmanis]

For me it is tricks to avoiding harm , each one different way , i would rather wait up first bid to ensure his final will go up or down , can be said about the trick in doubt to control your emotions and more considered many things like the movement and analysis

[wxxyrqa]

If an investor understands fundamental and technical analysis, then he buys or sells his coins based on the results of his research. But very often, ordinary cryptocurrency users start buying a coin when it starts the Rise, because there are chances that this coin will move up further. But if you buy a coin when the price falls, no one can guarantee that the coin will not drop in price even lower.

[MikeyVeez]

Because people do not behave rationally, but emotionally. You can learn about this interesting fact in this book: Thinking, Fast and Slow by Daniel Kahneman and you will know about the market´s behavior, you will learn how to advertise your product and much more . This fact could be applied in various ways, also we see that the crypto market is a good example  .

[Ucy]

Interesting question.
I guess they are careful not to buying and the price continues to go down or doesn't go up for  long time. The best way to handle situations like that is to continuously buy the dips with stablecoin whenever there are main dips and gradually sell for profits when price starts going up.  Don't invest what you can't afford to lose though.

[Renampun]

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 what is called not wanting to be left behind or what is called the FOMO syndrome...
a professional trader/investor will definitely only buy an asset when the price goes down but newbies will only buy an asset when they see the price is going up in the hope that the asset price will continue to rise.

[shoreno]

this is what is called not wanting to be left behind or what is called the FOMO syndrome...
a professional trader/investor will definitely only buy an asset when the price goes down but newbies will only buy an asset when they see the price is going up in the hope that the asset price will continue to rise.

i actually think that they are opposite . as a newbie you wont know how things exactly work so you will go on the safe side such as buying when the price is low but pros and experts are so skillful and they can do riskier moves such as buying on the pump because they know where or when to sell  . the truth is that there are more buyers when the price is low or when its dip/dump  but this doesnt mean that most of them are noobs .  they are just practical

[TopTort777]

Desire to jump into running train is greater than rational thinking.
People are lazy to calculate profit. They like to calculate in the amount spend minus current price and see profit. Instead of calculating number of coins/tokens bought minus amount of coins obtained through sell-buy again.

[South Park]

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.

That is a very famous phrase that I think we all have heard, the problem is that such phrases even if they encapsulate something that is true it is impossible to apply that knowledge all the time, it is true that the trend is your friend but that is if you are able to invest your money at the beginning of the trend, but what we see most people do is to buy at the top of the movement while the smart traders begin to cash out their coins and enjoy their profits while the rest keep holding their coins in the hope the price goes up only to lose their money.

[Abiky]

This is the psychology of people. It's very hard to buy when everything falls. Because it seems that the token will die

Agree. Everything is based on psychology these days. People quickly get hyped when prices go all the way to the moon in an instant. They believe prices will continue to go higher, leading them to invest when prices are going up on the market. When everything is going down the drain, you'll see quite the opposite. Most newcomers into crypto believe that when prices are going down, it means that crypto is "dying". But crypto veterans know that's not the case.

Eventually, people will get "over it" once crypto establishes itself in the mainstream world. The industry will become mature in the future as most people get a different perspective about crypto/Blockchain tech. Just as stocks became trusted by many investors worldwide, so will the crypto market in the long run. With every bull market, comes excitement. But one needs to know when to buy and when to sell in order to avoid many undesired losses in the short term. The smart money will always invest when prices are down, looking to sell at higher prices on the market. Only newcomers will have a hard time finding their way towards making profit in this wild venture of crypto. Just my thoughts