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

[matchi2011]

because some people don't understand how trading works, only some  people know how trading work, buy altcoins in price down, and also people can't control their own psychology makes them fomo

The very big problem is your own attitude, the emotions that let you lose your opportunities,.
Most of those traders who fomoing with the trending projects mostly got trapped inside it.
Instead of gaining profits they've ended up losing their money, it's hard to predict the price
but if you are prepared enough you'll be able to avoid doing this things, planned ahead
and make sure you understand everything before jumping to this business.

[Radio-Active]

Simple, because they want to sell it if the price keeps going up.
When the coin price is going down, we won't know when the coin price will going up.
But when the coin price is going up, there is high possibility the coin price will still going up and we can make quick profit from buy and sell it later in short time.

[Swordsoffreedom]

People do such kind of thing out of greed and fear. When there is a sudden pump, people regret it and say if I had bought the coin before the price went up! Then they keep an eye on it without buying that bullish coin. When they see that the price of the coin is gradually increasing more, they feel greed and think price will rise further. 

But at the same time, their fear is that the price already has gone up a lot, if the price does not go up further!   

With such a dilemma, they buy that coin at the highest price. 

[Pompa]

Abilities and technique are the main reasons why they buy a coin if the price is going up. They learned how they earn a money in that situation, their tactics is running good and gaining is their to make success.

[noorammak]

Bottom fishing is the worst way to make your assets drop quickly, but when the trend starts to go up, you buy for sure you will have better returns.
Investors often say "The trend is you", so be careful with your trade. You go against a trend which means you go against the actions of thousands of other traders.
Trend trading is the best way for you to keep your account safe.

[lousie9]

usually people follow market trends, for example coins that are on the rise in the market make most traders want to take part in them even when prices are high, but after their own research results .. and IMO, this is what I'm worried about if new traders who don't have knowledge of crypto or have just joined the industry and are unable to manage their financial management properly will lose quickly.

[calandra78]

Abilities and technique are the main reasons why they buy a coin if the price is going up. They learned how they earn a money in that situation, their tactics is running good and gaining is their to make success.

you are right, they have better skills in trading. because trading when the market is in an uptrend is very difficult to control emotions. market analysis skills must be precise. because it could be a trend that occurs in just a matter of hours. I believe it is not long-term investors who do this. they are day traders who are good at analyzing the markets.

[bonyaserg]

In this situation, it can be determined that most people have no experience in trading on exchanges. And many participants see the coin grow and think that the coin will continue to grow. And all participants start to buy up quickly, and prices fall, and all participants lose a lot of money on this. For correct work on the exchanges, you need to thoroughly study the market, and then make a decision to buy the desired coin. And buy the coin while it is only worth the original price.

[bits4books]

You answered your own question. People see that the price is rising and believe that this is a great entry point - and Yes, this is at the level of the meme "we buy on heights, we fix on lows". All these newcomers believe that since the price is rising right now if they have time to buy at the current price they will jump on the legendary rocket to the moon. And as soon as the price starts to fall, they panic sell all their tokens with the thought "why did I come here at all? the cryptocurrency is so stupid", thereby generating many different articles, posts, tweets and other content that investing in cryptocurrencies is difficult, difficult and harmful to the heart.
Well, what to take from them? They're all hamsters.

[cryptothreads]

usually people follow market trends, for example coins that are on the rise in the market make most traders want to take part in them even when prices are high, but after their own research results .. and IMO, this is what I'm worried about if new traders who don't have knowledge of crypto or have just joined the industry and are unable to manage their financial management properly will lose quickly.

Before trading or investing, you need a strategy to ensure your risk is minimized. In addition, it is necessary to evaluate all that is going on to choose the most appropriate time to trade.

This is something an investor needs to know when entering the market, but if the market suddenly collapses you should also cut your loss when necessary.

[Ekyfitri]

usually people follow market trends, for example coins that are on the rise in the market make most traders want to take part in them even when prices are high, but after their own research results .. and IMO, this is what I'm worried about if new traders who don't have knowledge of crypto or have just joined the industry and are unable to manage their financial management properly will lose quickly.

Before trading or investing, you need a strategy to ensure your risk is minimized. In addition, it is necessary to evaluate all that is going on to choose the most appropriate time to trade.

This is something an investor needs to know when entering the market, but if the market suddenly collapses you should also cut your loss when necessary.

I think such a technique is of course known to all traders. but the problem is that many new traders are interested and feel like following the market trend that is currently in the pump. when there is a decline or correction of course it can make someone new to panic and get caught in the trade.

[Zeronic]

Maybe they don’t know how is the strategy, when u want to invest in cryptocurrency. Or maybe they buy it before because they don’t want the price of bitcoin increasing bigger. But commonly people buy when its price down.

[coin-investor]

It's their prerogative, it's their money anyway and they want to safe in their investment, they don;t want to buy coins and after buying they find themselves at loss because the value keeps dropping so they prefer to buy when the price is going up and not when the price is dropping, they though it's more safer.

[Captain Corporate]

 I believe that people are not really that much of a big trader so they do not really know what is "up" and what is "down", bitcoin makes the slightest down and they think it is down down and not just a bit down and they get out, which it recovers from as we all know, that is why they end up not buying at down. Up is the same way as well, they end up buying while it is going up and they end up seeing stuff like "bitcoin will be 100k" and so forth everywhere which is not true for at least right now, but they believe it because they are new and they think "that is x10, I should get in on it" and it stops after like %5 profit. Which is why not knowing up or down is a common thing and should not be a big deal, it just so happens that newbies may not know them very well.

[agis50]

Everyone has their own strategy for trading. Those who only follow FOMO usually only want to get a little profit to avoid high risks. Buying coins when it goes down is quite risky, because not all coins will easily going up. The team needed "a big news" to attract investors to buy their coins on the exchange, and of course it isn't easy. I think buying coins when it's going up is better, because you only need to pay attention to the moment "buy/sell" to make a profit.

[zenit22]

I think the thing is that people are afraid of being late. The price is rising and they think that they are losing profit. This is simple psychology. I think it's all because of greed. And when the price falls, people are afraid that they will lose money.

[yangongear]

It's the principle of the market. When market on sale, they will find the way to sell off their asset to cutloss, and every is strong bullish, they become FOMO, going to buy and expect in a quick profit.

[s1mer]

Welcome to trading.

If nobody would buy at ATH price, how would we take the profits from the dip? 

[pixie85]

Maybe they don’t know how is the strategy, when u want to invest in cryptocurrency. Or maybe they buy it before because they don’t want the price of bitcoin increasing bigger. But commonly people buy when its price down.

Those who buy when it's up want to ride the wave.

It's possible if you buy in the middle of the rise and can be pretty profitable even when you're late for the party, as long as you keep your hand on the button and are prepared for stop loss.

Buying when the price is down is pointless with shitcoins. You're waiting for a whale to come and pump it which may never happen.

[naikturun]

because they imagine and follow trends in the market.
if the market goes up they believe the price will go higher then buy it and a few moments later the price goes down even though they don't know how long it will take.
and conversely if the market goes down they believe that the price will fall even further so they sell to avoid bigger losses even though it is not necessarily that it will go down for long.
the winners are those who set the target in every action.