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

[Dondeon]

It is unfortunate that many tend to buy when the price is going up maybe because of the FOMO surrounding the project at that point, many don't even take correction of price into place before jumping to buy a token when the price is up and most of them end up losing out. It is important to buy when the price is down than buy when the price is up.

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[erikoy]

I think you are wrong with it because only new to cryptocurrency will buy crypto but not those experience enough to invest and risk their money. Most of the people who buy when bitcoin or altcoin  has low market price are those people that knows what and when to invest. If you know someone who invested now maybe you should have told him what to do especially when market will be crashing. Most of them will sell due to panic just like what happen to my investment and now I regret that bitcoin had grown so fast and so good.

[bonjouros]

I also notice this kind of mindset where most of doers are newbies meaning they are riding the hype hoping that they will get more profit by doing it but they forget that they should have earn more profit when they have bought when the price crashes.

Most of the newbies are afraid to buy in bear season because they think that what if the time will come that the crypto will become worthless or something like this. This is what notice to most of the investors who didn't accumulate their assets at bear season or they just don't have the patience to wait for the bull season to occur again.

[drlukacs]

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. 

I have had cases like this so I think the problem is we don't have a plan.  Because when prices plummet, people tend to be anxious and frightened, so without a plan they wouldn't dare to buy.  So in order to trade well, we should work with a clear plan so that we are not driven by our inner emotions.

[Icologies]

can be seen from the current market conditions bear season still continues and what happens is just hang on and go down buying coins in a downtrend is too risky unless the maximum decrease occurs so it's better to wait for the trend up to arrive then buy coins at that time

[Abiky]

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. 

Exactly. People behave on emotions more than anything else. When they see prices going up at an unprecedented rate, they believe they'll miss an opportunity of a lifetime to make huge profits. Once prices start going down the drain, they think crypto is about to fail. In other words, they buy when prices are going up and they sell when prices are going down. This is the usual behavior of newcomers into crypto with no trading experience. The smart money will always buy when prices are going down the drain, since the crypto market usually bounces back to its original levels. It's like a roller coaster in this volatile world of crypto. If you play your cards right, you'll be able to do fine even when everything seems to be falling apart. The key is to put most of your holdings into Fiat or a stablecoin of your choice to preserve your spending power. You can put the rest into volatile cryptocurrencies to make profit within the short term.

In the end, most people will end up buying or selling crypto the wrong way since they're not willing to fully understand how the market works. It's something unavoidable since everything is based on emotions than anything else. As long as there's market activity for various crypto assets, the industry will do fine for a very long time. Smart crypto investors will buy and sell at the right time in order to minimize losses as much as possible. Just my thoughts

[AlexAtom]

It is because people want to buy it before the price going too high.
If the price is very high, then they can't buy with cheaper price. Most people will come if the coin price increasing because later they can sell it higher than their buying price. Although there is no guarantee the price will be higher, but they still take the risk.

[Abiky]

It is because people want to buy it before the price going too high.
If the price is very high, then they can't buy with cheaper price. Most people will come if the coin price increasing because later they can sell it higher than their buying price. Although there is no guarantee the price will be higher, but they still take the risk.

People are willing to take the risk with crypto, as long as they can multiple their investment in the least time possible. Crypto has a misconception of being a "get rich quick" scheme. It explains why people buy crypto when prices are going up and not when they're going down the drain. The vast majority of people doing this have no prior experience in trading, nor they know how crypto works. As long as the mentality of buying high and selling low is still in effect, most people end up losing all of their hard earned money in an instant.

Only those who know when to buy and when to sell, will benefit in the long run. Crypto's prices are more speculative than anything else. Investing when prices are going all the way to the moon is mostly based on emotions than all the other way around. Regardless of what people do with their money, crypto will be here to stay for a long time. The market will continue to be extremely active, which is a good sign for crypto's adoption in the mainstream world. Just my thoughts

[okala]

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. 

There is this principle in trading and the principle is called "the trend is your friend" you hardly lose if you can trade along the trend line. When the market is at the top or down is always the most risky place to place a trade as it always go against most of the trading positions.

[Anyobsss]

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. 

There is this principle in trading and the principle is called "the trend is your friend" you hardly lose if you can trade along the trend line. When the market is at the top or down is always the most risky place to place a trade as it always go against most of the trading positions.

Trend following for me is one of the effective strategy when buying a coin. Even in stock trading this has been a good strategy because it can definitely create profit. People can buy when the price is low however buying in a down market just as @okala said is risky because you don't how it will behave. On the other hand, in trend following you know that it will continuously go up the only thing you should focus on is to know when you should take profit.

[HK88]

everyone has their own strategy. but if someone buys at a high price it may be because they don't want to miss the positive market trend and their strategy is to short term. It could be that, when the price is low, they don't want to make a decision because they are afraid of losing, so when the price starts to rise they buy it. What we need is to find out where we are before anything happens. If you miss it, take it off and wait for the next train

[Pompa]

The main reason on that are same as an actual earning of some profit. See the difference between a lower and a higher price. Let's as base on the basic commodity people got panic to buy  if the price getting high. For this situation here in crypto if the coins pump the price all the investors see their much bigger gain on huge time for the exchange.

[Abiky]

usually because of a trend. like the example of a UNI token. hundreds of thousands of people or DEX users get uni tokens for free. and out there are many who do not get it and then follow market trends by buying it when the price is low / high, citing the belief that the coin has potential in the future. So, it can be said that there are all kinds of reasons why someone buys at a low price or a high price.

People are always following the money. As you've said before, they invest when there's a trend on the market. With free coins or tokens distributed to anyone participating in specific "De-Fi" platforms, the rewards are often too hard to ignore. This creates demand on the market which leads to astronomical levels in price within a short amount of time. Emotions and hype is what drives people to buy crypto assets the most when prices are going all the way to the moon. As long as this is the case, cryptocurrencies with real use cases in the mainstream world will be under the radar of many investors and traders alike.

All in all, the decision of buying or selling a cryptocurrency depending on the market situation will solely rely on the person himself. Some people make the right decision by buying low and selling high. But others do it all wrong by putting all of their investment in hyped cryptocurrencies with no real use cases for the mainstream world. There's nothing we can do about this, since it's the normal behavior of the crypto market. As long as you make your decisions based on research instead of others' opinion, your investment will be safe in this wild and crazy world of crypto. Just my opinion

[Adreman23]

I think people are buying when the price is going up because of hype, fear of missing out or fomo, and trending( want to earn more profit by following the trend) sometimes this is the best strategy to earn more money in short term. Make sure if you bought in high price and the price goes higher, sell it as soon as possible, remember trading is a gamble some are losing and some are winning, and always set stop loss to avoid the massive dump.

[darkphoenix2610]

People tend to buy when the price is going up because they simply panic about getting left behind from the trend. What they forget is that crypto is always having the pump and dump ways. After getting the pump there will be the so-called correction or consolidation stage. So be wise and learn how to do TA, it will help a lot in determining whether it is going up or going down.

[Maxstl007]

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. 

Crypto can be very tricky sometimes, those who are buying when price is surging aren't fool because sometimes a bullish thread is just getting started, if you don't jump in while you can you will regret and most times FOMO consumes many and they end up losing money, my advice is never invest all you have on a coin when there is a bullish thread, the possibility of corrections are huge so go in with half of what you want to invest and keep the rest for probably price down

[arbifahrozy]

I think its just like stock market. When the price is going up people will pay their attention on it. So, they will buy it because the price is raising. I think they only buy it because of news or hype from any sources. Good investor know how to buy & sell.

[Dedewahyu]

FOMO lol, we can see the difference between professional traders and newbies here
professional trader if he sees FOMO then he will take advantage of FOMO for scalping so that he can get profit very quickly and when the price starts to dump the price he will wait until it touches the lowest resistance and make long-term trades
that's what i do when trading

[bryant.coleman]

I never purchase any asset when it's price is going down, unless I have a solid reason to decide otherwise. Because from what I have seen so far in my career, it is always best to invest in an asset when the price is recovering. You may have to pay 5% or 10% extra, but you will be sure that the asset will not become completely worthless in near future. Anyway.. different people have different investment strategies..

[chikading2016]

It is true more people buy when the price goes up, maybe it is all because they maybe have a fair that the coin will become an exit scam if they buy it when tbe price is slowly going down, but if the price is going up there will be a great excitement and there is a big chance of earning if it rise continuously so it is more safe to buy if the price is going up than buying if the price is down.