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

[soulripper]

Everybody got their own think but most of the time it will be more safe to buy when the price is going up rather then buying it when drop as we all dont know what will the bottom when it dropping. That was the most peoples will do correct?

[Abiky]

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.

Greed is what leads many people to invest when prices are going all the way to the moon. There's no other explanation. It's all based on psychology as people are made to believe that prices will continue to go up like there's no tomorrow. Once prices go down the drain in an instant, many will regret having invested in crypto in the first place. That's the way it works. Usually, newcomers into crypto make these mistakes. But veterans in the crypto space know when to buy and when to sell. When you're often seeking profit (greed), you'll end up losing most (if not all) of your money in the long run. That's why it's best to take it slow and easy (patience) in order to achieve great results in the future.

By taking your time to do your own research about an specific crypto project you're willing to invest into, you'll avoid many undesired situations in the long term. The crypto market often requires a lot of patience as it behaves in strange and bizarre ways. To stay on the safe side, leave some savings in Fiat (or a stablecoin) aside to protect yourself against wild fluctuations in price. If you do that, you'll live a steady financial life with crypto regardless of its current price on the market. Just my thoughts

[DU18]

Everybody got their own think but most of the time it will be more safe to buy when the price is going up rather then buying it when drop as we all dont know what will the bottom when it dropping. That was the most peoples will do correct?

Despite all the thoughts that exist I think such a method will be very risky for us to experience losses because it could be that when buying when the price is rising but an unexpected rebound occurs, causing the price to decrease and of course our assets will get stuck and it is difficult for us to be able to limit our loss. It seems that the trading concept "buy when it's cheap and sell when the price is high" is a concept that we need to apply in trading because that way every time there is a price correction, of course, it won't make us experience big losses in the market.

[timmmers]

We think that everything in nature is rational, we think that people behave rationally, so the market could be predicted because it behaves rationally. The opposite is true, people are very irrational beings and they are manipulated by emotions. 

[landoffaucets]

Think about yoursel. When you would like to buy? When price is cheap, but, when price is cheap, you are afraid that the price will be cheaper. So you buy when price is high because you are afraid that price will be higher, right? 

[Bitcoinislife09]

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. 

That is actually a bad way of trading since the most effective method is buying low and sell high. What is happening here is just a lack of experience trading in bitcoin or altcoins. If your a beginner or don't have a lot of knowledge in trading or about the market I think you would usually going to do this bad method and end up doing a bad decision and losing your investment by selling it at a low price. Probably a common mistake by the newbies. We all experience it and it's just frustrating when you did that mistakes that it why it is recommended to do a lot of research about where you are going to invest your funds.

[XCANA]

Fear has something to do with this they fear that if they buy without a signal that the price is going up they might lose again when the price is going down, these people are not investing what they can afford to lose and they always follow what the people are saying or when the market is moving they buy when people are starting to buy.

I think fear is not the main reason, because i feel as the fear will only hold us to move, while i think they just do not know what will happen in the future, and estimated the price

You're correct because many individuals who joined the cryptocurrency community don't know when to buy nor when not to sell. Many don't care about the market price before they buy cryptocurrency,  some of them buy when the market price is at it peak. Ignorance I think make many of them buy cryptocurrency when the price is up, some don't actually understand when to sell. Learning is a major tool for cryptocurrency understanding.

[Republikcoin.com]

We think that everything in nature is rational, we think that people behave rationally, so the market could be predicted because it behaves rationally. The opposite is true, people are very irrational beings and they are manipulated by emotions. 

the simple reason is, they want to feel the price increase that is happening. so, they buy coins even when the coin price is going up, hoping for a further increase. I've also tried that. however, buying when prices are rising is more confident than buying tokens when prices are dumping.

[GatotKaca]

the crypto world is different from other investment worlds trend is the main choice the uptrend will be positive for investors seen when experiencing an increase very hard to stop many investors bought at that time usually investors only take short-term profits then they sell and monitor how the market is moving if the market is still in an uptrend they will buy again and so on

[Leonard2016]

We think that everything in nature is rational, we think that people behave rationally, so the market could be predicted because it behaves rationally. The opposite is true, people are very irrational beings and they are manipulated by emotions. 

yeah but It is not easy to stop emotions , especially when you can read the charts and signals all ok and you buy it suddenly they rug it like sushi , I mean it is not just for newbies and even professional traders get trapped too sometimes and this is inevitable!

[Sirait]

~snip

yeah but It is not easy to stop emotions , especially when you can read the charts and signals all ok and you buy it suddenly they rug it like sushi , I mean it is not just for newbies and even professional traders get trapped too sometimes and this is inevitable!

fear of missing out is a condition in which a person doesn't want to be left behind. such emotions are difficult for beginners to control even by professionals many are still easily trapped for fear of missing the moment.

we must always think clearly and do research first before really want to buy or sell. don't be easily influenced by the excitement that occurs in the market.

[gazilla]

Dude...the question was funny. But you are right, and the reason why it is so it is because everybody wants to join the upward train as they hope will go high, and the other way round, because you never know how low they may go.   

[Inkdatar]

Dude...the question was funny. But you are right, and the reason why it is so it is because everybody wants to join the upward train as they hope will go high, and the other way round, because you never know how low they may go.   

This is true some able to go with the train on buying that somehow they can earn profit. When the price is going up the urge to purchase at high price and not thinking that it could drop at anytime. It is also an alarm to those who go with the hype that it can really lose your money quick. So this is also a an awareness on being careful when doing trades.

[Saisher]

Dude...the question was funny. But you are right, and the reason why it is so it is because everybody wants to join the upward train as they hope will go high, and the other way round, because you never know how low they may go.   

People don't have a judgement of their own or analysis of their own, they want to rely on people's judgement and the market movement if they see that the price is moving down, they are in a hurry to sell, and if they see the price is moving up, they are in a hurry to buy, they are part of the domino or a paper boat they just go with the flow.

[Melody2]

People who buy when the price is going up are not patient. They are greedy and will curse and swear at crypto trading when the price eventually dumps on them. These people will never buy when price is low but are quick to jump in at the nearest all time high of coin prices. I do not have any sympathy for them when the market comes crashing hard on them.

[witbla]

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[hwtee]

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[witbla]

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[hwtee]

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[witbla]

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