if most of people buy when its going down then its gonna go up very soon enough and that's mean it's not going to go down in the first place. However, it's mainly because most of people feared that their money will turn into dust when bearish and FOMO when bullish, that's the only reason for that in my opinion.
I think when the market goes up, the psychology of investors becomes more comfortable, and that is when they are easy Fomo so this is the reason why many people lose money. I'm not too fond of the coins that are mentioned too much because it can be a trap for people to invest in and after buying the coin will usually tend to decrease immediately. Before you do anything, you need to think twice before deciding. 
Topic: Why people are buying when the price is going up and not when it is down - page 17. (Read 3971 times)
July 31, 2020, 06:55:48 AM
July 31, 2020, 06:04:16 AM
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. 
Basically they don't know the floor price, people are buying on what they think will the floor price and they sell on what they think the price is already in the ceiling they just go on what's going on the market when a coin gets pump they ride on FOMO, of course, the worst thing that you don't want to happen to you is to be late when the obvious is already there.
July 31, 2020, 04:39:27 AM
People are afraid that price will go even lower, and they will have to wait a very long time to get to 0, or maybe the project gone to the bottom and they will always remain with tokens.
July 31, 2020, 04:38:10 AM
if most of people buy when its going down then its gonna go up very soon enough and that's mean it's not going to go down in the first place. However, it's mainly because most of people feared that their money will turn into dust when bearish and FOMO when bullish, that's the only reason for that in my opinion.
July 31, 2020, 04:23:58 AM
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.
Some people fear of missing out and jump in whatever the trend is, cause of the mindset of quick buck most of them ends as bag holder. Some large holder/whales manipulate the market, that's why some people only invest when their is positive going on cause of certain people taking advantage out of it.
July 31, 2020, 04:02:56 AM
For example one can still buy eth at 300$ because it looks positive that price will increase more, Bitcoin is bullish on its own and DeFi projects are making Ethereum platform the best choice for new investors, its still a good time to jump in
July 31, 2020, 03:59:42 AM
Fear of missing out will take over once crypto market starts showing sign of bullish trend, I don't blame those who jump right in when market starts showing positive sign and moves, it might be a good move after all
July 31, 2020, 03:39:59 AM
It so funny with a bit sad to see that many people in this thread telling that averaging down is good strategy than momentum or swing trading, sorry but it is the truth that buying while the trend is bearish is not good strategy. If you keep buying when the price continuing to make lower lows and lowers highs, for sure you will incur huge losses. Why will you do that, it is a counter trend strategy where you are buying against the market. When the market is bearish, many investors are afraid and it is the reason why the price is continuing to become cheap but if you buy when the trend is uptrend, the probability of winning is so high because the price is continuing to become more expensive than before.
July 31, 2020, 03:35:42 AM
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.
Thats because of fomo. People have some neuron to activate their excitement when its already happening. Thats life, when the market is down all they want is to complain and not even buying. But when the market is going up now they are in hurry to buy even its expensive than the one they ignore when its down. People never learn and do the fomo on the time they should just waiting already when its gonna pumped hard.
July 31, 2020, 03:28:40 AM
There is nothing wrong in buying coins or tokens when price is going up, the price can keep surging after you buy, it's just more safer to buy coins and tokens when bears are taking over the market and price are falling
It's wrong caused by you just try to make your chance to get a loss will be even higher than before. If you were seeing what happened with bitcoin when it reached ATH in the past and how many people who have bought each bitcoin for 20k? this time it is trading 50% less July 31, 2020, 03:14:11 AM
Few reasons why they are riding the train;
Others are also tempted to buy at peak and then hanged and can not get back their entry. A lot doesn't even know which is the right entry and exit point that is why people wrongly buy at high price. I always advice not to ride in a hype, others do that anyway leads them with massive loss.
- FOMO
- Inaccurate TA
- Go with the flow
Others are also tempted to buy at peak and then hanged and can not get back their entry. A lot doesn't even know which is the right entry and exit point that is why people wrongly buy at high price. I always advice not to ride in a hype, others do that anyway leads them with massive loss.
July 31, 2020, 02:39:52 AM
When coins and tokens starts appreciating in price many won't want to miss out because that can be the beginning of the surge, it's what others called FOMO (Fear of missing out) sometimes it works and sometimes you get rekt, it's your call to make
July 31, 2020, 02:17:56 AM
There is nothing wrong in buying coins or tokens when price is going up, the price can keep surging after you buy, it's just more safer to buy coins and tokens when bears are taking over the market and price are falling
July 31, 2020, 02:12:03 AM
Because investors are too much affected by fud news. If they search bitcoin on google news and find many articles saying crypto currency is going to the moon they will get excited to invest and join the trend, but when they see the news are negative they won't invest, as in times like that fud news love spreading crypto currency is a bubble or a ponzi, bitcoin is going to die.
Sometimes you just need to stop listening the common sense to start listening and understanding the facts while seeing the reality.
Sometimes you just need to stop listening the common sense to start listening and understanding the facts while seeing the reality.
July 31, 2020, 01:58:14 AM
those people who buy when the price rises are people who were not on the market in winter 2017. it is obvious that after we saw such strong growth and then a strong correction, buying now during the pump is very risky
July 31, 2020, 01:43:30 AM
People want assurance and afraid of what is unknown. You always see people here having regrets that they didn't buy during ATH, and skeptical when the prices are cheap. So, most people wait for good news, hype, and price recovery before buying.
July 31, 2020, 01:24:37 AM
Many people are the ones who buy based on someone’s recommendation or just invest when price is good. So they enter the market at wrong time and fear when the market’s falling. Ideally when it has corrected, that is the good time to buy rather than vice-versa. But for them falling market is bad or do not have confidence that it will bounce back.
July 31, 2020, 01:12:32 AM
Too many variables determine a particular investment, be it personal needs, exhilaration, gamble, greed or research etc., specific to your query, i think its not always mere fomo or foolishness, but a viable and necessary option at the time, maybe due to lack of options and choice.
July 31, 2020, 12:36:56 AM
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.
They have trust issues for me, or they don’t have any confidence in the market, they can also be a victim of FOMO. They buy, during the up trend thinking that they can earn more but the main rule here is that, we should buy at the bottom price and sell on a peak price not buy high sell low. FOMO is the main reason of losing big Money, they buy without any preparations. July 31, 2020, 12:08:30 AM
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.
Those buying when price is going up is all noob, they don't really have idea how this market works and how they can earn in crypto by just doing a trading.
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