Topic: Why people are buying when the price is going up and not when it is down - page 11. (Read 3971 times)

This is so true, people FOMO in when price spike and some do not even check TA to know good entry. Meanwhile, people begin to dump massively or in another case, stop loss/limit orders go to the order book when prices fall, hence more dump. It's not totally wrong to buy when prices are going up, but that should be immediately after a breakout or after a breakout and retest of resistance turned support. However, best time to buy coins is at dips, but entries matter and also reason for the dump should be considered don't get it twisted. You don't just buy a coin because it's dipping, hoping it pumps, what if they exit scam and people started to dump?

As long as we are talking about finances, peoples are essentially being weird when making their investments. Some peoples are trading for a long or a medium time span and these are the ones going to put buy trades in the down trend season. In the other side, some other peoples may prefer to swing trade or to do some fast trades to gain lower profits but this type usually thinks that the lower amounts of profit are safer that's why they continue in this trading basis. You can't control what peoples are doing and that's the human nature, difference is a must.

Every investor has a different analysis from each other and not all coins can be profitable for investment. Fomo is one of the things that makes most investors buy when prices rise. If you want to get a lot of profit then invest when the price is low, but the problem is that the market situation is difficult to predict and we don't even know which coin will give you a lot of profit in the future.

There could be diversity of reasons why people buy cryptocurrency at a particular point in time. Some persons buy at an increasing price simply because that was when they had money and since they've had intension of investing in the market, they just jump into it. Some could be because they perceive greater increase and don't want to miss out on the whole increase.

Because people ain't stupid when buying high? As long as they can see a profit by thinking the price could go even higher after the buying, they are fine with their choice. Buy when it was low is okay, not for buying while it was fell sharply without any sign of recovering.

The major reason why people buy coin is because they want to make profit. Atimes, its because of the fear of missing out in the increasing price. They want to join before the price goes overboard. This may seem risky, but it could be worth it, if the project is a good one or if there's information as to what may lead to an increase in the value.

The best time to buy is in red market but when bullrun signs shows a strong support investors can just right in as well, it's never too late to invest and this presently crypto market looks stronger than ever

I think they cannot control their mentality, when the price rises, it makes them fear of missing an opportunity and not being able to profit from it. Then they will buy and lose money if the market collapses soon after, this situation often happens in this market and they need to remain psychologically in this market to avoid losing.

This kind of investors are not going to enjoy the benefits for long term because there will be more profits if they invested when the price is deep down and sell them at the high price, but when people coming after analysing the uptrend almost the market might reached its height so they are taking huge risk for less profits.

I think people who buy when the price is going up is that they know that the coin is on the uptrend. they have studied the flow of the market and they are running along the bullish cycle. Amassing a good amount and then sell when the trend is going down. Getting some gain for themselves.

I think this happens because of what people believe in. Some people buy coins when they are declining because they have faith that it will rise up soon. On the other hand, some buy coins only when they see some improvement with the price because they also think that it will increase more soon. You see, they both believe that prices will be moving up yet, the time they thought of it as opportunity and took it is what differs with people.

Like early in 2018, many people took fomo and bought altcoins at very high prices. Then the market collapsed and they were stuck there, and most likely they will never be able to see those altcoins going up to ATH again. So never fomo in this market, it's very dangerous

After Bitcoin halving many expected a quick bullish market but it never happened, many don't expect that Bitcoin and Ethereum will be bullish since few weeks ago and now that bullrun is back it's a perfect time to start buying

You can say they buy when the price goes up, but their math says it is cheap.  There is no fixed price for a digital asset, because guessing the future is mysterious and fun.  There could be a rally or bullish when they buy.
Remain confident in what you are doing right now, and I hope you will avoid doing nothing with cryptocurrency

People sometimes act based on emotions than anything else. When prices go up, people feel that they'll be missing on the "crypto train". Once crypto goes all the way down the drain, you see most of them whining and criticizing it across mainstream social media platforms. This is the common misconception surrounding newcomers in the crypto/Blockchain space. Veteran crypto users will not care about Bitcoin's price whatsoever. Of course, higher prices means more money (profit) if you've invested earlier. But what truly matters here is crypto's usability, than speculating what its price will be in terms of Fiat. Bitcoin and other cryptocurrencies will see constant fluctuations in price, because of the highly illiquid and unstable market. This means that sometimes prices will go up, while sometimes prices will go down the drain. Those looking to get into crypto at lower prices, will become disappointed when prices rise to new ATHs on the market. The same thing happens vice versa with those looking to make a "quick buck" out of crypto.

No matter what crypto's prices may be, at least people can enjoy freedom over their own money. Crypto's decentralized and censorship-resistant design makes it an extremely valuable and indispensable tool. Bitcoin, being the most successful cryptocurrency to date, has been setting new records every time with new ATHs in price. Sometimes it takes a long time before prices become a lot higher than they were initially, due to negative events in the mainstream world. But if you're patient and persistent enough, you'll be able to achieve great results with your investment. In this wild and crazy world of crypto, it's impossible to achieve complete satisfaction. Either people will criticize low prices or become extremely hyped about high prices on the market. It's up to you to decide what to do with your investment in case prices go up or down in an instant. Just my opinion

because most people think if they always follow the hype they will benefit in a short time, even though it could be that when they buy at ATH then they fall into a deep abyss.

You're right about that we cant blame the investors for choosing to sell or buy at the wrong time because its their decision and we dont know their reasons. Its because we have our own strategy as well when investing, though its still better to buy at dip and sell when the price increase. Fomo cant help you to think wise since you're after profit, study the market and decide when is the perfect time to engage yourself.

I'm not saying these are weak investors but there are investors who prefer to go to the flow if Bitcoin goes down they will sell right away instead of checking what's the cause, and when it goes up then they are buying thinking that the bull has finally arrive and on it's way to another all time high, of course we cannot blame people they also have daily expenses and needs to fulfill and they lack the funds to hodl their investment.

Yes, that's the logical reasoning that they have. They are thinking for the positives to positives but think of the negatives to go continuously negative. They will never tolerate or get the chance to buy while the prices are very low because they will think and imagine that it will continue to drop than to recover.

nobody knows that the price will going up. it goes surprisingly, so people bought it when the price is going up with hope that its prices will go up significantly and make some profit.
but, buy it in the high price has a high risk too to get some loss.