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

[Gurujebs]

Traders always used opportunities. They buy when they hear good news about a coin and tend to make profit. They move from projects to projects for certain profits.

[Coin63@]

Cryptocurrency market always unstable in nature and nobody knows when, how, what is happening? I don't know the future predictions of cryptocurrency. So i already sold my all assets when bitcoin under 9000 usd dollars per bitcoin.

[Renampun]

usually, those who buy when the market goes up are just beginners...
an incumbent player knows that the best time to buy is when the price goes down and the best time to sell is when the price goes up.

[superstarsp]

it's important to keep investing money even if the market is dropping. ... Think of it this way: When the market drops, your mutual fund shares are basically on sale—you're getting them for a lower price because the market is down. It's the time to buy—not sell

[Debasco]

you are right, some have doubt mind before whether there will be a rise, so since they saw small rise they are gingered and the rise still continue after investing so they influence others to join the train in other for them to also benefit from the current trend. 

[Unbunplease]

When cryptocurrency is growing, people think that it will go on endlessly ... The effect of a "departing train" arises ... Therefore, it is difficult to resist the temptation to buy cryptocurrency ... This action often leads to losses ....

[Altcoin1998$]

Naturally people buying cryptocurrency at a higher rates and selling cryptocurrency at lower prices. Because selling cryptocurrency at a lower rate, people always feel need and every moment they need money. So filling demands they sell at lower prices.

[Bobcrypto]

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. 

Yes mate,  everyone had his or her strategies in doing crypto business despite FOMO( fear of missing out) currently happening. If you are a good forecaster, you may agree with me that some traders, investors or holder's must had analysis of the market trend for the upcoming days to make their  buying decisions. If you have good knowledge of the market, you can participate, and may be the bull run might continue.

[Nestle]

In fact people are more afraid to hold coins or tokens when the price goes down and more sell.  They will buy when prices start to rise and there is a lot of good news about the coins they buy

[Alcor]

In this case, emotions are triggered more than logic. When the cryptocurrency is already growing in price, this is obvious and everyone wants to make a profit from this. So people invest in the hope that growth will continue.
When a cryptocurrency falls in value, many people feel uncertain that it will rise in value again after some time. This can only be calculated by people with extensive experience and knowledge of the cryptocurrency market.

[ansi]

Let me tell you this a Forex Trader since years.
you'll never catch a bottom (buy  the lowest) or sell the high (sell at the highest price point), these 2 facts means you're a trader.
So buying a high is sometimes profitable because you didn't miss the bull wave & you'll reach many more highs in the process. So it's not necessarily wrong to buy the highs & sell the lows.

[KKH84]

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 do not understand the chart of crypto price movements on exchanges and people who buy coins when the price goes up they have their own reasons and they hope the price of the coins they buy will go up again, so they get a little profit.

[ShadowCrypto]

The boomers made money in the Stock market. It is time for young people to make money in the crypto market.

[Astra]

People usually trust more than what they see with their own eyes. When a cryptocurrency rises in value, they are afraid to be late in making a profit due to the real increase in the price they see. When a cryptocurrency falls in price, they see only a decrease in price in this, and this scares them. Only the more experienced understand that the longer a cryptocurrency grows in price, the less chances it remains to see its further growth and the more likely it will fall soon. Thus, even at the very peak of the price, a lot of people continue to invest in the cryptocurrency that is growing in price.