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

[b1k4ng]

Buying when the price goes up is only a short-term trader because with it they can get a profit, for people who think long-term, of course they will not buy when the price is rising, they will sell it.

[mamesso]

A person buying when the price is going up is called panic buying, he doesn't understand trading, he just follows the trend and hopes to make a profit, when in fact this is the wrong thing. Panic buying can cause losses.

In fact they really understand trading, strategies like these are very often carried out by the traders who are smart to see opportunities, they will take advantage of the opportunity when the coin is rising to get profits in the short term. When we decided to trade, we must set investment targets and see opportunities before taking action, because there are so many novice traders who make the wrong decision and result in losing their money.

[Abiky]

There is a particular reason why someone buys at a high price, it could be because they think that the coin will someday have a higher selling price than the initial capital price. on the other hand, worry about being trapped in FOMO, because crypto price movements cannot be predicted or do not always have a fixed value.

Exactly. It's all about psychology than anything else. People usually have a "FOMO" sentiment every time crypto's prices rise like skyrocket. They believe they'll miss an opportunity of a lifetime to make massive profits on the market. But you and I know the extremely volatile nature of crypto. Prices can quickly go down the drain once they reach the "peak". This could lead towards many undesired losses, making people regret having invested all of their money into crypto in the first place. Regardless of what the average person decides to do when prices are going up or down, the smart money will invest wisely in order to minimize losses as much as possible. Even in a decaying crypto market, whales have successfully made huge profits as they know how to "time" the market.

Nonetheless, crypto's prices on the market are truly unpredictable. The best you can do is to diversify your investment not only into crypto, but in the traditional stock market as well. This will give you some sort of leverage to protect yourself against high fluctuations in price. When people decide to do this, many undesired situations could be avoided. Always remember: with high risks there's high rewards. Just my opinion

[GreenStox]

having no experience, not knowing about trading, then it is tempting to see the market in a rising state and will buy it because their mind tells them that the price will go up again.
Likewise when they think down they say that the price will fall even further and force them to sell, at least that's what novice traders have in mind.

[bobyhodob]

having no experience, not knowing about trading, then it is tempting to see the market in a rising state and will buy it because their mind tells them that the price will go up again.
Likewise when they think down they say that the price will fall even further and force them to sell, at least that's what novice traders have in mind.

when you don't have any trading experience at all, in my opinion, don't trade right away and it's better to learn first how to trade when these conditions are very dangerous because prices tend to fall, if you want to try trading then you should use a small amount of money so that it can be used to find out that the analysis you have done is correct or not.

[Masyudhi]

because the trend is positive because when a positive trend comes many coin crypto can up, there are some coins that are not stopped
example yesterday the increase occurred in bitcoin and ethereum rose so high and of course many investors are taking the opportunity on the contrary, when a negative trend comes, the decline will occur continuously even for a long time

[lienfaye]

because the trend is positive because when a positive trend comes many coin crypto can up, there are some coins that are not stopped
example yesterday the increase occurred in bitcoin and ethereum rose so high and of course many investors are taking the opportunity on the contrary, when a negative trend comes, the decline will occur continuously even for a long time

I understand that some investors prefer to buy when the market is going up, it means a profit for them if the uptrend is consistent. However we cant predict the next movement of the market, if the value continue to soar high then that would be good but what if the price drop right after you buy?  We cant be so sure about this one just like what happened last 2017, many buy coins at peaked price then suddenly there's a correction that happened making them lose their money.

[codpku]

Lack of knowledge and let emotion to guide them and thats totaly wrong in trading
But if market is going up and up trend thats was some of strategy to i think
But still lot people buying when the price is going up and not when it is down because just only read someone say it in group
So that why we have to invest to our own from neck to head, read and study first before going in to the market in to crypto

[Dr.Osh]

One thing I think about is, they want to take advantage of the rising prices that are going on, and quite a few people are benefiting from that. For example, when Ethereum starts to go from $ 300 to $ 500, people will sometimes buy when the price has reached a certain point. However, the side effect of this is, the price could dump suddenly and it will be very costly.

[Mauser]

Lack of knowledge and let emotion to guide them and thats totaly wrong in trading
But if market is going up and up trend thats was some of strategy to i think
But still lot people buying when the price is going up and not when it is down because just only read someone say it in group
So that why we have to invest to our own from neck to head, read and study first before going in to the market in to crypto

I think it's mostly due to emotions that people tend to buy when prices go up and not when they are falling. When prices are falling everyone is kind of in a state of panic and things more about minimising loses rather than gains. Also it's hard to know when exactly the bottom is reached, so what happens is that people tend to wait too long to buy and price already recovered.
One more reason might be trading software that use the monthly or weekly average data to find buying or selling signals. Such a trading system usually only starts buying once prices are already rising again.

[iTradeChips]

In these times with the unpredictability of the markets surrounding crypto, it is really hard to convince one not to buy if the price is going up. The fear of missing out is one negative trait that must be controlled if not eliminated. One has this mindset that it will go further up if one is not familiar with the patterns that has already been taught over and over by many trader who were here before us. It takes a little learning and research to know how to read the market and how to make smart trading decisions. So that when it goes all down then you don't have to worry too much.

[Bossfidelity]

I don't think anybody would love to buy at a higher value when he's aware of an option of buying much lesser. The major reason why people buy at increasing prices is because of the hope that the price would increase much more or the fear of losing out from getting the getting the coin. In every case, people want the best for themselves.

[GatotKaca]

crypto world is different from other world of trade that's what I saw so far trend is the main choice when the uptrend comes, all coins can go up
and very hard to stop, especially for bitcoin but on the contrary, when the downtrend comes, the price of all coins will fall it occurs because of panic sell by investors when a fall occurs it is difficult to get back up

[cryptonewbie]

I think people are just greedy and lose focus by buying the top. I say this because I have seen even experienced crypto traders chasing the pump. This happened to a friend of mine recently that chased a pump of a DeFi coin by buying at $1.45 only for the price to dump to around 60 cents now. It is just plain greed more than lack of experience.

[Xembin]

Bitcoin is not predictable, no matter how old you are in the forum. those that purchase when the price is going up, thinking the price will continue to go up, not knowing the price can drop at anytime in the process of exchange.
 I guess, the right time to buy is when the price is falling,because there's a great future ahead of it.

[escalante28]

No one want to be left out when the bull run is her. Each and everyone is trying to make something out of this season. Although some are novice and they cannot differentiate between good project and bad project. Many just jump at any FOMO.

They thought also that the rise will continue so when the price is going up they want to be in before the price skyrockets. That's their hope anyway. But this is not true to most alts as sometimes the pump is done by the team themselves to attract traders, so once they got their money, the dump is forthcoming. And that part sometimes is not foreseen by the traders who bought the coin.

Most people in crypto who don't have enough knowledge Technical Analysis do that. And most of them also buy when there's news releasing by a project not knowing after the news it will dump hardly. They want to gain a lot in just a snap of an eye without thinking about the risk. This happened with most of the Defi token. So be wise in investing.

[bitzizzix]

It looks like they buy when the price goes up in the hope that it will continue to go up, and in the end the price falls back from the price it was before buying it, and it's all out of uncontrollable greed.
and besides that it is not based on the knowledge and understanding of crypto well, but over time they realized and started to learn it.

[Kong Hey Pakboy]

I think some people are only buying bitcoin or other cryptocurrencies when the price is high rather than low price because they don't have any idea when is the right time to buy bitcoin that they don't have any knowledge when it comes to analyzing the market charts. It is why they only buy crypto if they heard the price is going up, so they could have a chance to earn even a little amount of profit.

[raes]

I think some of the people who buy when the trend is up are short term traders or investors. they only take advantage of the moment to seek profit shortly. they won't keep for long. when they have made a profit they will quickly sell it. this principle will differ for long-term investors.

[sulendra12]

It's unpredictable, they intended to wait until the price is down but it's ended up they are still going up. It has 2 outcomes when it comes to this:
1. Price is keep going up and they don't want to miss any opportunities to grab the quick profit, the prime example is on yobit when the trash coins were being pumped by bots. You could got really quick bucks there(I got more than $100 in just one sit, 10 mins to be precise)
2. It's just a bait and once the hype is gone, the price is either stable or dump really hard. The latter one sucks and it always happens.