Re: Why people are buying when the price is going up and not when it is down
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. 
Trading cryptos require some bit of knowledge people buying at peak or when the price is climbing don't really study price action thus trading blindly this is often said times without number that " buy at low and sell at high" mid July the price of bitcoin was ranging at $9000 to $9300 I believed that was the most appropriate period to buy and hodl its quit funny seeing buyers when the price is pumping probably may be just scalp some profits if so such a trader must have experience in trading.