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

[Vietchong]

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. 

[TomPluz]

FOMO clearly explains why this is a part of our human nature to be doing what many people are doing. Let me delve deeper...when something is not yet trending there is that fear that things will not be working soon as it should be so when people are seeing that something is rising there is that temptation for them to also join them. This is just like an avalanche, when nothing is moving things are boring but when something is brewing people are noticing. And there is that danger of a trap in here.

[bigcash2011]

Perhaps it is the human psychology because when the price is down they think it is going to go more down so they do not buy while when the price goes up they think it is going to keep going up that is why they chase the price.

[tinakoya]

If people are selling then people are definitely buying as well. When a token/coin is trending then it's more known hence new investors will join the train but when the trend goes down, panic sellers tend to panic and give up the train. That's just how it's always been.

[wawan96]

they follow the trend when the market improves as it is now an opportunity to obtain an advantage if you have a large capital this time good enough to make purchases because bitcoin rose rapidly until this point I think all trade has a risk if people take risks in time right then definitely get the profit.

[Lovebitcoin]

People tend to fomo when they see that the price of a coin is going up because no one knows exactly where the dip of a coin is going to bounce up, that is why it's good to always buy in bit when a coin is dipped, dollar cost average is a good option

[Esperanza12]

The economy is changing rapidly, and businesses must adapt to new situations. The traditional financial system is grappling with an unbelievable recession, which is why asset markets are changing hourly. When the price increases, it is the same company that is stable and growing

[Esperanza12]

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. 

Once the price goes down, the company may not be able to catch the trend or it may be because their economy is unstable, leading to a fall in the stock price.

[Jaephoenix]

That's just plain old FOMO. I used to  be it's victim in my early crypto days, but I overcame it with time. Trading or investing needs a level head and a functioning brain

[Vx1]

They assume that when the price goes up, it will continue, so they are sure that they will not lose when buying it because the price will continue to rise. But I don't think everyone is like that, I myself often buy when the price drops. Because buying when the price goes up has a very high risk.

[Quart]

Do you have any ideas about it? In this case, not about the price up or down. But the supply and demand at that time where many people are going to purchase the coin. And some people e may also choose buying at the right time to get any profits again when the price goes up.

[Cryptoz]

I guess it is because most people only target a short term profits and follow the hypes. Currently, we rarely saw people who want to buy coins for a long term profit. Most of them only buy crypto coins for instant profits and hurry to convert the profits to fiats. In addition, people now are likely also easy to follow hype even if they don't know whether it is a good or bad choice.

[KryptoBull]

FOMO clearly explains why this is a part of our human nature to be doing what many people are doing. Let me delve deeper...when something is not yet trending there is that fear that things will not be working soon as it should be so when people are seeing that something is rising there is that temptation for them to also join them. This is just like an avalanche, when nothing is moving things are boring but when something is brewing people are noticing. And there is that danger of a trap in here.

Yeah, FOMO is the cause of this phenomenon, people tend to look for opportunities in successful examples and think that they will make a profit in time if they behave like the majority of people in the community. In the opposite situation, they will also sell off crypto when the majority of people are selling.
Even me & you who understand FOMO are not easily free from its lure.

[Keelin]

Many leading stocks are still posting incredibly high sales and profit growth even when stock prices are falling. This is the early warning shown on the price graph before they appear in the underlying factor data (such as weaker sales and profits and the difficulties the company faces). Maybe institutional investors foresaw this and they start taking profits, or maybe the overall market is weakening.

[shadowdio]

It's because they want to make profit in a short time. Once the price goes up then that's the perfect time to buy. That's their strategy we have different strategy to make profit.  It's up to you if you want to buy at down price, that's good idea.